Los Angeles
California Has 14K Apartment Conversions in the Pipeline
California’s commercial-to-apartment conversions have a promising future despite a slowdown in completed projects over the past year, according to a… Read more
Hotel Derek Closes Doors, Mum on Future
A boutique Galleria-area hotel will soon close its doors. The Hotel Derek, located at 2525 W. Loop S., has 312… Read more
Nintendo to Open Second U.S. Store in San Francisco
Nintendo of America on Friday announced plans to open an official store in San Francisco’s Union Square. With a 2025… Read more
East Bay Logistics Extends Port of Tacoma Industrial Lease
East Bay Logistics, a California company providing warehousing and logistics services, has extended its lease for a 228256-square-foot distribution facility in Sumner,… Read more
New York Bank Establishes First West Coast Office in Century City
Watt Companies’ Watt Plaza in Century City has signed a 10-year lease agreement with Esquire Bank, a commercial bank serving… Read more
Vintage Anaheim Apartments Score $4.3M Refi
Gantry secured a $4.3-million permanent loan to refinance the Parkside La Palma Apartments located at 1000 E La Palma Ave… Read more
Migration Trends: Where Are the Hot Spots?
Though populations aren’t necessarily fleeing people-packed, highly dense areas in the droves they did during the height of the pandemic,… Read more
Transwestern Brokers Showroom and Storage Lease for Abell Auction
Transwestern Real Estate Services brokered a 14,117-square-foot lease for Abell Auction Company at 6620 Telegraph Rd. in Commerce. Abell will use the… Read more
California Bill to Establish Tenants’ Rights Office Fails to Advance
A bill that would have created a state-level Office of Tenants’ Rights and Protections in California failed to advance from… Read more
Accounting Firm Leases Full Floors with Irvine Company in LA, OC
Accounting firm Armanino LLP leased 23,450 square feet at Irvine Company’s 2121 Avenue of the Stars in Los Angeles and 22,000… Read more
NAIOP SoCal’s Eric Paulsen: Political Apathy is Costing the CRE Industry Billions
NAIOP SoCal President and Kidder Mathews regional president Eric Paulsen recently sounded the alarm on the lack of commercial real… Read more
Klabin Company Brings Carson Industrial to Full Occupancy
The Klabin Company/CORFAC International finalized two multi-year lease transactions in Carson on behalf of Summa Properties/Watsoncenter LLC. Located at 1111 Watson… Read more
Industry Leaders See More Optimism, Yet Caution Remains (VIDEO)
Are commercial real estate industry members more optimistic, less optimistic or feeling pretty much the same compared to six months… Read more
Report: Five Lab Sector Trends Point to Opportunity
Life sciences real estate has struggled in recent years due to falling demand, increased deliveries of space and a decline… Read more
Nvidia Acquires Silicon Valley Headquarters for $374M
Chipmaker Nvidia, now valued at $2.3 trillion, has acquired the majority of its Santa Clara headquarters for $374 million. The… Read more
Secure Net Lease, X Team Retail Advisors Join Forces
Dallas-based Secure Net Lease, an investment sales brokerage firm, is joining the X Team Retail Advisors platform, a national organization… Read more
DTLA’s Gas Company Tower Goes on the Block in Receiver Sale
JLL Capital Markets has been retained by Gregg Williams, receiver of Trident Pacific, to market for sale The Gas Company Tower, a 52-story, LEED-Gold-certified… Read more