Finance
CMBS Distress Rate Jumps to 11.86% in May as Office Pain Deepens and April Dip Evaporates
A one-month improvement in April proved fleeting as CRED iQ’s combined CMBS distress rate snapped back to 11.86 percent in May 2026, with...
31,000 SQFT Sunset Pointe Shopping Center in Stevenson Ranch Lists for $10.9MM at 6.35% Cap Rate
A national-credit-anchored neighborhood retail center in the supply-constrained Santa Clarita Valley submarket of Stevenson Ranch has hit the market at a 6.35 percent...
The Art of the Quiet Exit, A Hudson Pacific Story
Hudson Pacific’s COO resigned with the usual boilerplate denial attached—but after a $572 million annual loss, a scrapped dividend and a stock down...
Netflix Closes $400MM Purchase of 1.1MM-SQFT Radford Studio Center From Goldman Sachs in Studio City
Netflix has completed its acquisition of the historic Radford Studio Center in Studio City from a Goldman Sachs-led lender group for $400 million,...
Jadian Capital Lands 37,000 SQFT Alcalde Business Center in Laguna Hills for $14.1MM
New York-based Jadian Capital has acquired Alcalde Business Center, a fully leased small-bay industrial park in Laguna Hills, betting on tight supply in...
AJ Watt Sells 226-Unit Collection at Baldwin Multifamily Portfolio in Los Angeles for $33.04MM
A scattered-site apartment portfolio in the Baldwin Hills area of Los Angeles changed hands for $33.04 million in a deal that required nearly...
Renovated 61,000 SQFT Mission Viejo Office Building Hits the Market as Headquarters or Redevelopment Play
A three-story, fully renovated office building in South Orange County’s Mission Viejo has been listed for sale, pitched simultaneously as a move-in-ready corporate...
Southwest Traders Acquires 229,934 SQFT Gateway at Menifee Industrial Facility for $40.5MM
Temecula-based foodservice distributor Southwest Traders has purchased an industrial building in Menifee and plans to pour an additional $25 million into converting a...
Calabasas Investor Lands 43,000 SQFT Malibu Canyon Plaza for $12.7MM as Seller Fields 10-Plus Offers
A private Calabasas investor has acquired the 42,546-square-foot Malibu Canyon Plaza, a partially vacant two-story retail and office center, for $12.7 million after...
First Washington Realty Lists Ralphs-Anchored, 119,000 SQFT Village Center at Rose in Placentia
First Washington Realty has tapped CBRE to sell Village Center at Rose, a fully owned, Ralphs-anchored neighborhood shopping center in Placentia, betting that...
Kimco Realty Lists Corona Home Depot at Corona Hills Plaza for $29.9MM at 5.35% Cap Rate
Kimco Realty has tapped CBRE to market a corporate-leased Home Depot anchoring the 489,151-square-foot Corona Hills Plaza in Corona, betting that a blue-chip...
Scarce Supply and a Value-Luxury Barbell Power Southern California Retail Into 2026
Southern California’s retail landlords are navigating a market where almost no new space is being built, demand is bifurcating between deep-discount and luxury...
