California
California Unemployment Holds at 5.5% in December as Job Losses Mark First Annual Decline Since 2021
Employers shed 1,700 positions while healthcare and government hiring offsets construction weakness As California heads into 2026, the state’s labor market is showing...
Southern California Multifamily Market Shows Resilience Amid National Slowdown
Region Outpaces National Rent Declines While Grappling With Supply-Demand Imbalance Southern California’s multifamily market demonstrated relative stability in the fourth quarter of 2025,...
Onyx on Park: $31MM Construction Take Out Financing Secured for 71-Unit Luxury Hillcrest Community
JLL capital markets facilitates loan for multifamily development in San Diego SAN DIEGO, Jan. 20, 2026 – JLL Capital Markets announced today that it has secured...
Serrano Development Sells 127-Unit Lumia Apartments in Azusa for $53MM
Newly completed transit-oriented community trades to Battaglia Inc. affiliate in supply-constrained San Gabriel Valley market CBRE has arranged the $53 million sale of...
La Palma Office Sale Signals Resilience in Southern California’s Tight Supply Markets: 45,000 SQFT Portfolio Trades for $12.38MM
Fully leased portfolio trades at premium pricing as investors target well-located assets amid regional headwinds A dual-building office campus in La Palma has...
Kidder Mathews Welcomes Retail Specialist Jonathan Steier as Vice President in Sherman Oaks
Los Angeles, Calif. (January 29, 2026) – Kidder Mathews is pleased to welcome Jonathan Steier as Vice President in the firm’s Sherman Oaks, California office. He...
Ford’s 88,000 SQFT Irvine Design Studio Hits Leasing Market as Automaker Consolidates California Operations
A prominent fixture of Irvine’s automotive corridor is officially on the market. Ford Motor Company’s former West Coast design studio at 3 Glen...
Kidder Mathews Welcomes Net Lease Retail Specialist Kevin Held in San Diego
San Diego, Calif. (January 28, 2026) – Kidder Mathews is pleased to announce that Kevin Held has joined the firm as Senior Vice President in its...
Alexandria Divests 182,000 SQFT 5600 Avenida Encinas in San Diego for $64.1MM
Alexandria Real Estate Equities sold 5600 Avenida Encinas, a 182,276-square-foot stabilized property in San Diego, for $64.1 million on December 17, 2025, achieving...
Amazon Pulls the Plug on Fresh and Go Stores in Strategic Retreat from Grocery Ambitions
The e-commerce giant is shuttering all 72 experimental retail locations as it refocuses on Whole Foods and delivery Amazon.com Inc.’s bold experiment in...
Birtcher Anderson & Davis Completes 191,311 SQFT Troy Court Industrial in Jurupa Valley, Exiting a Pandemic‑Era Acquisition with a Successful Outcome
SAN JUAN CAPISTRANO, Calif., Jan. 27, 2026 — Birtcher Anderson & Davis (BA&D) today announced the completion and disposition of Troy Court Industrial, a three‑building,...
Trammell Crow Company Proposes 456-Unit Development at 2716 Ocean Park Boulevard in Santa Monica
Eight-story mixed-use project would transform underutilized office site in Sunset Park neighborhood, adding affordable housing amid community concerns over scale and density Trammell...
