California
Union-Tribune Building Gets New Owner
The San Diego Union-Tribune building was recently acquired for a reported $50 million by BBL Commercial Real Estate. Locally-based BBL… Read more
800 Wilshire Scooped Up by Onni for $80M
Vancouver investor Onni Group has reportedly purchased 800 Wilshire Blvd. for $79.5 million from Lincoln Property Co. 800 Wilshire is… Read more
Hewlett-Packard Layoffs Could Mean 33,000 Job Cuts
Up to 33,000 employees could lose their jobs as a result of proposed Hewlett-Packard layoffs. The layoffs represent more than… Read more
Inland Empire Employment Increase Inevitable
Inland Empire employment is bound to increase — a lot — if activity in the region keeps up at the… Read more
American Assets Trust CEO Resigns, Rady Takes Over
John Chamberlain has resigned as chief executive officer and president of San Diego-based REIT American Assets Trust “to pursue other… Read more
Oracle Founder Snags Luxury Epiphany Hotel in Palo Alto
Oracle Corp. founder Larry Ellison’s investment firm has bought the upscale Epiphany Hotel in downtown Palo Alto for $71.6 million.… Read more
Anaheim’s A-Town Mixed-Use May Start Soon
A-Town, a 43-acre mixed-use residential and retail development in Anaheim, could begin construction by the end of the year. The… Read more
Colony Capital Makes $200M Portfolio Buy
Santa Monica-based Colony Capital recently purchased a collection of office, industrial and retail properties from Bank of America for more… Read more
WinCo Foods Entering San Diego County
The grocery battle is heating up even more in San Diego County. Discount grocery WinCo Foods will open its first… Read more
Blox Ventures, Law & Assoc. Make Palo Alto Splash
A joint venture between Blox Ventures and Law & Associates has purchased an office building in Downtown Palo Alto for… Read more
Hollywood Permitting Process in Shambles
There is a serious problem with the Hollywood permitting process. Even though CIM Group’s Hollywood and Gordon apartment tower, at… Read more
Public-Private Partnerships Key to Inland Empire Growth
The Inland Empire is seeing some record commercial real estate growth right now, and that wouldn’t be happening if it… Read more
Village at Westfield Topanga Debuts Next Week
The Village at Westfield Topanga, an open-air retail center adjacent to the Westfield Topanga mall in Woodland Hills, opens September… Read more
Victory Park Opens at Tustin Legacy
Victory Park at Tustin Legacy is now open. Anton Development Co. built the five-acre park, which has playgrounds, picnic areas, cabanas,… Read more
Hudson Pacific’s Big Bay Area Appetite
Hudson Pacific Properties has been purchasing Bay Area properties like crazy this year. In all, the firm has snapped up… Read more
Chargers Stadium Agreement Looking Bleak
A new Chargers stadium in San Diego County is starting to look less likely. City, county and team officials have… Read more
Haggen Bankruptcy Could Mean More Closures
Northwest grocery chain Haggen, which recently entered the Southern California market, has filed for bankruptcy. Haggen purchased 146 former Safeway… Read more
PacMutual Building Sells for $200M
The historic PacMutual building, at 6th and Olive Streets in downtown Los Angeles, has been sold by Rising Realty Partners… Read more
Playa Vista Tech Beefs Up
Playa Vista’s burgeoning tech industry has a new addition. The Phelps Group, which conducts messaging and media campaigns for various… Read more