Industry News
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...
San Diego and Los Angeles Land Among Nation’s High-Potential AI Metros as Southern California Carves Out Its Niche
Hubble’s new ranking of the 20 most AI-ready U.S. metros places San Diego at No. 13 and Los Angeles at No. 19 in...
New Century Development Files Plans for 82-Unit Apartment Building at 402 Atlantic Ave. in Downtown Long Beach
New Century Development has filed an application to replace a long-shuttered Downtown Long Beach service station with a seven-story, 82-unit apartment building, adding...
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...
Boxcar, a 108,000 SQFT Flex Industrial Property on 3.95 Acres, Hits the Market in LA’s Atwater Village For Sale or Lease
A fully renovated, vacant flex industrial campus in one of Los Angeles’ tightest creative submarkets has come to market, offering rare scale and...
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...
Angeleno Targets Vacant Valley Village Lot for Six-Story, 95-Unit Affordable Housing Play
A development affiliate of Los Angeles affordable housing specialist Angeleno has filed plans to replace a long-idle Valley Village lot, once earmarked for...
Huntington Beach Adopts Court-Ordered Housing Element Zoning for 13,000 Units After $170,000 in Fines
After exhausting its appeals at the state and federal level and watching the meter run on monthly penalties, the Huntington Beach City Council...
