Los Angeles
Dana Brody Joins Marcus & Millichap as SVP
Dana Brody has joined Marcus & Millichap’s Encino, CA office as senior vice president, investments, specializing in multifamily. Most recently,… Read more
Rexford Brings 592K-SF San Fernando Business Center to 100% Occupancy
Following a recent 25,000-square-foot lease with 1st Choice Delivery, LLC, Rexford Industrial Realty, Inc., has effectively reached 100% occupancy at… Read more
BridgeCore Funds $11M for Apartment Upgrade/Cash Out
Beverly Hills-based BridgeCore Capital has funded a $10.9 million cash-out bridge loan for a West Los Angeles 50-unit apartment complex… Read more
Port of Los Angeles Sees 25% Decrease of Expected Feb. 2020 Traffic
According to reporting by the Wall Street Journal, the Port of Los Angeles in San Pedro is projecting a 25%… Read more
Trammell Crow Completes 385K SF of Industrial at Needham Ranch
Partners Trammell Crow Company (TCC) and Clarion Partners have completed construction for two new buildings totaling 384,560 square feet of… Read more
Rare Hancock Park Multifamily Sale Nets $29M
Marcus & Millichap’s Institutional Property Advisors (IPA) has completed the sale of a 78-unit apartment building in L.A.’s storied Hancock… Read more
Bridge Development Primed with 4.5M-SF 2020 Industrial Pipeline
Bridge Development Partners is developing more than 4.5 million square feet of future Bay Area, L.A. and Inland Empire developments,… Read more
Retail West: Westfield Century City’s Mega Makeover Inspires Past, Present
After a $1-billion expansion and re-imagining, one would hope that Westfield Century City would be thriving…and it is, but not… Read more
George Smith Partners Delivers on $50M Boise Multifamily Development
Roundhouse has secured construction financing for its new $50 million apartment project 323 W. Broad St. in downtown Boise, ID,… Read more
Goodman, CPP Increase Equity Commitment to $5.5B in U.S. Logistics Partnership
Goodman Group and Canada Pension Plan Investment Board have committed an additional $2.5 billion in equity to the Goodman North… Read more
CenterPoint Signs 3PL Unis at 1M-SF SoCal Logistics Center
Illinois-based CenterPoint Properties has signed 3pl Unified Network Information Services (Unis) at CenterPoint’s SoCal Logistics Center (SCLC), a 1,034,026-square-foot warehouse… Read more
Camarillo Industrial Pair Trades for $88M
STAG Industrial has sold two Camarillo, CA, industrial buildings totaling 733,819 square feet to an undisclosed buyer for $88 Million.… Read more
LAEDC Releases Tepid 2020/2021 Forecast
According to the just-released Los Angeles County Economic Development Corporation forecast for 2020/2021, California and Los Angeles County are poised… Read more
Industrial’s Top Markets by the Numbers
For net absorption, California’s Inland Empire represents an unassailable peak among U.S. industrial markets, in terms of both fourth-quarter and… Read more
Global Holdings Closes on $380M Deal for NoMad Apartments
A public pension fund, reportedly the Los Angeles County Employees’ Retirement Association, has closed on the sale of the Instrata… Read more
Amazon Expands Portland-Area Footprint
Amazon plans to open two facilities encompassing roughly 370,000 square feet in the Portland area. One will be at the… Read more
NorthRock Obtains $39M Loan Tides on Thunderbird Buy
NorthRock Cos. secured $39 million in financing to acquire Tides on Thunderbird, a 376-unit apartment complex in Phoenix, AZ. The… Read more
TruAmerica Enters Texas, Establishes Central Office
TruAmerica Multifamily of Los Angeles set its stake in the Lone Star State, opening an office in Dallas under the… Read more
Homelessness Crisis Defines Newsom’s State of the State Address
In his second State of the State speech, Gov. Gavin Newsom put his focus on California’s homelessness crisis, calling for… Read more