Industry News
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...
First Element Hotel in San Diego County Opens as 150-Key, $43MM Extended-Stay Bet in Mission Valley
Element San Diego Mission Valley has opened as the first Element by Westin property in San Diego County, a 150-key, wellness-oriented hotel built...
Postal Realty Buys 33,000 SQFT USPS-Leased Annex for $9.6MM in San Diego’s University City
A specialist buyer that invests exclusively in U.S. Postal Service real estate has acquired the USPS University City Annex in San Diego from...
Olson Company Lands $35MM Loan to Build 40-Unit Solana Walk Townhomes on Yorba Linda Church Land
The Olson Company has secured construction financing for Solana Walk, a 40-unit townhome community rising on a former Messiah Lutheran Church parking lot...
Erewhon Resurrects Vacant 24,900-SQFT Virgil’s Hardware Building as 14th LA-Area Grocery Store in Glendale
Erewhon has converted a long-shuttered 1970s hardware store on North Glendale Avenue into an upscale grocery destination, anchoring a roughly 24,900-square-foot redevelopment that...
Electrify America Lands 20-Charger Hyper-Fast EV Hub on Former Greyhound Depot in Downtown Santa Barbara
Electrify America opens a 20-charger large-format EV station with its largest battery storage system on a former Greyhound depot in downtown Santa Barbara.
Sam Property Investments Lists 130,000 SQFT Bee Cool Depot Cold Storage Facility in Vernon for $62.4MM
A newly renovated refrigerated warehouse in Vernon has hit the market at $62.4 million, a price that underscores how far cold storage values...
Carmel Partners Lists 127,000 SQFT Forge at Alloy Trophy Office in DTLA’s Arts District as Opportunity Zone Play
Carmel Partners has put its newly built Forge at Alloy creative office building in the Arts District up for sale as a fully...
Bridge Sells 402-Unit Crystal View in Garden Grove for $132.5MM
Bridge Investment Group has closed the sale of Crystal View, a 402-unit workforce housing community in Garden Grove, to a buyer tied to...
Holland Flower Market Buys 91,010-SQFT Commerce Industrial Facility for $34.1MM
Holland Flower Market buys a 91,010-SQFT Commerce warehouse for $34.1MM as owner-users seize on softer L.A. industrial pricing.
Los Angeles Approves 76-Unit Expansion of Silver Lake Apartment Complex, Lifting Site to 124 Homes
Los Angeles planners have cleared a Silver Lake landlord to nearly triple the unit count of an aging garden-apartment property, adding 76 one-bedroom...
