CBRE
Santa Monica Office Demand Stirs Awake as BXP Sees Westside Tenants Hunting Upgrades
The nation’s largest premier workplace REIT logs renewed activity on its 2-million-square-foot LA portfolio after years of dormancy, even as overall submarket vacancy...
Southern California’s Steady Hand: Essex Posts 2.2% Revenue Growth as Orange County and San Diego Lead the Region
Los Angeles County trailed the rest of Essex’s Southern California portfolio in Q1 2026 as Orange County and San Diego absorbed regional demand...
Millennium Partners Trims Beverly Hills Tower to 211 Units, Doubles Affordable Set-Aside Under AB 2011
New York developer abandons discretionary entitlement track for ministerial approval, betting that state housing law clears a faster path through one of California’s...
Brentwood Apartments Trade for $46MM as Westside Scarcity Sets New Benchmark
A pair of multifamily assets totaling 61 units changes hands in one of just five Brentwood transactions of 2026, drawing more than 10...
Private Investor Group Lands Chelsea Apartments in Santa Monica for $33.1MM, Secures 10-Year Fixed Debt
A 53-unit coastal trophy two blocks from the Pacific trades at roughly $625,000 per door as a Venice-based sponsor doubles down on supply-constrained...
Advanced Real Estate Lands SoCal’s Biggest Multifamily Trade of 2026 with $202MM Hollywood Tower Buy from Kilroy
Irvine-based investor scoops up 393-unit Sky Hollywood and Jardine portfolio from Kilroy at $514,000 per unit, betting on an entertainment-capital rebound powered by...
Kilroy Posts Best Q1 Leasing Since 2017 as Southern California Portfolio Anchors 568,000 SQFT Quarter
Los Angeles occupancy climbs while San Diego slips, even as the REIT clears $223MM of SoCal non-core assets and lifts full-year 2026 FFO...
Pharma Doubles Down On San Diego As Alexandria Bets Megacampuses Will Outrun Glut
REIT’s University Town Center anchor leases offset Sorrento Mesa weakness as countywide vacancy hits historic highs. San Diego’s life science real estate market...
Kilroy Cashes Out of Hollywood with $202MM Sale of 393-Unit Columbia Square Living and Jardine Towers
The $514,000-per-unit transaction strips Kilroy of nearly all its Los Angeles multifamily exposure and delivers a $61.8 million impairment as the REIT pivots...
Kilroy Sheds 39,000 SQFT Del Mar Tech Center for $21MM in San Diego Capital Recycling Push
Sale of the Class B Carmel Valley office property at $542 per square foot trims Kilroy’s San Diego footprint as the REIT pivots...
San Diego Greenlights $14B Civic Center Overhaul, Golden Hall Demolition Slated for 2027
A 30-year transformation of downtown’s struggling core would deliver 2,300 housing units, a community college campus and an expanded Civic Theater under a...
Phillips Edison Cashes Out of Corona Grocery Center for $38.2MM, Booking 83% Gain
A Northern California 1031 buyer paid roughly $346 per square foot for the fully-leased Ralphs-anchored center — the kind of price that signals...
