Long Beach
Long Beach Holds Steady as Young Workforce Favorite
Despite the pandemic, the Long Beach market remains resilient with its coastal location and proximity to employment hubs that are… Read more
Inland Empire Continues Reign as E-commerce Mainstay
While it will take time for the economy to fully recover, the Inland Empire industrial market ended 2020 with low… Read more
Key SoCal Multifamily Prime for Investment, Upgrades
With an eye toward renovations, investor and operator Waterton recently acquired 310 units of The Vue, a 16-story fractured-condo rental… Read more
Record Low Vacancies and High Leasing End Year in IE
Despite recent job growth, the Inland Empire lost 108,000 jobs last year and is still recovering from the economic impact… Read more
SoCal Ports Move Record Cargo Volume in 2020
Southern California’s ports reported they both moved a record number of cargo containers in 2020, despite sudden shutdowns in March… Read more
SoCal Ports Report ‘Unprecedented Surge’ in Year-End Cargo Volume
The sister Ports of Los Angeles and Long Beach reported record cargo volume for November. A combination of increased consumer… Read more
Cohen Claims South Bay Facility for $37M
Los Angeles-based Cohen Asset Management, Inc. acquired a newly constructed, Class A logistics building located at 15100 S. San Pedro… Read more
Salem-Area Walgreens Trades in 1031 Exchange
Stan Johnson Company completed the sale of a 13,775-square-foot Walgreens drugstore located at 5000 River Rd. North in Keizer, OR.… Read more
Harbor Lands Upland’s Stewart Plaza
Long Beach-based Harbor Associates acquired Stewart Plaza in Upland from an undisclosed private investor for $10.25 million. Located at 400… Read more
SoCal Ports Volume Boom Portends Bright Holiday
The Southern California Ports of Los Angeles and Long Beach are handling record volume of cargo, as retailers stock up… Read more
CenterPoint Lands Last-Mile Portfolio
Oak Brook, IL-based CenterPoint Properties acquired a portfolio of five last-mile sites in the South Bay submarket of Long Beach,… Read more
Alere Secures Tenant for Newly Built Industrial Warehouse
Newport Beach-based Alere Property Group LLC signed a 118,664-square-foot industrial lease at Telegraph Business Center in Pico Rivera. Built in… Read more
Wonderful Real Estate’s Erin Poulson Morris on Bringing an Operator’s Knowledge to Development
By Paul Bubny Consumer packaged goods companies typically turn to industrial real estate developers to build manufacturing and distribution facilities,… Read more
Stan Johnson Co. Arranges $1M Sale of Net-Leased Hardee’s in Alabama
Stan Johnson Co. has brokered the $1.2 million sale of a retail property net-leased to Hardee’s restaurant in Florala, AL.… Read more
Retail Imports Expected to Hit Lowest Annual Level in 4 Years
Imports at major U.S. retail container ports during 2020 are expected to drop to their lowest total in four years… Read more
Atlantic Pearl Sells Long Beach Building
Los Angeles-based Atlantic Pearl Investments divested a 78,404-square-foot, multi-tenant office building in Long Beach for $16 million. The buyer was… Read more
California Commercial Evictions Moratorium Bill Fails
California SB 939 failed to advance from the Senate Judiciary Committee on Thursday. The bill would have placed a moratorium… Read more
April Trade Volumes Rebound at SoCal Ports
Container volumes in April at the Port of Los Angeles and Long Beach bounced back, rising 25% month-over-month. Despite the… Read more
Wonderful: Delivering Flexible Solutions to Meet Tenant Needs In Evolving Times
By Dennis Kaiser It might be easy to focus on the agricultural and western ranch activities of California’s Southern Central… Read more