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Electric photovoltaic solar panels installed on shopping mall building rooftop for production of green ecological electricity. Concept of producing sustainable energy
FinanceIndustrialIndustry NewsSan Diego

Toronto-Listed Automotive Properties REIT Lands 59,800 SQFT Rivian-Leased Building in Vista for $16MM

A Canadian net-lease specialist plants its flag deeper in Southern California’s electric vehicle service economy, paying $267 per square foot for a single-tenant...

901 Corporate Center Dr, Monterey Park, CA 91754
CommercialFinanceIndustry NewsLos Angeles

Reuters-Jamison Venture Closes Out 99,831-SQFT Monterey Park Tower at $17.7MM, a 19% Haircut

Focus Universal lands the Class A asset at roughly $177 per square foot, well below the $21.8MM asking price set in 2024, in...

California flag
CommercialFeaturedFinanceIndustry NewsResidential

California’s Tech Boom Masks a Shrinking Job Market, Beacon Economics Warns

The Information sector now drives more than 12 percent of state GDP, but hyper-productive Tech companies are generating wealth without generating employment—leaving California...

forklift taking goods into a truck at industrial facility
IndustrialIndustry NewsInland EmpireLeasing

Medline Industries Signs 1,020,657 SQFT Lease in Perris, Expanding Inland Empire Distribution Footprint

The newly public medical supply company commits to a major warehouse facility at 815 Redlands Avenue as it grows its national logistics network...

Culver City skyline
AECIndustry NewsLos AngelesRetail

Regency Centers Breaks Ground on 13,000 SQFT Culver Commons Food-and-Beverage Development in Culver City

The public-private partnership between the Jacksonville-based REIT and the City of Culver City will bring a curated collection of restaurant and brewery tenants...

futuristis vehicle rendering
CommercialIndustry NewsLos Angeles

Faraday Future Signs Lease for 99,200 SQFT El Segundo Campus, Abandoning Gardena Headquarters After 12 Years

The EV-turned-robotics company is downsizing from its 146,765-square-foot Gardena facility to a creative office on Grand Avenue, betting on Silicon Beach to fuel...

For sale sign
Industry NewsLos AngelesRetail

Ross Stores Doubles Down on Alhambra with Second Location as Part of 110-Store National Expansion

The Dublin-based off-price retailer is targeting 5 percent unit growth in fiscal 2026, adding 85 Ross and 25 dd’s Discounts stores nationwide amid...

Skyline of Los Angeles during dusk
AECCommercialFinanceIndustry NewsLos AngelesNews Releases

Le Conte Westwood Development Sells 10,000 SQFT LA Parcel for $38.2MM

Los Angeles, CA (March 4, 2026) — Newmark announces the Company has completed the $38.2 million sale of 10918-10926 Le Conte Avenue, a...

Historic Buildings of Downtown Tracy California
FinanceIndustry NewsInland EmpireNews ReleasesRetail

110,000 SQFT Sierra del Oro Towne Centre in Corona Trades for $38.2MM

(EDITOR’S NOTE: Industry sources confirmed the sale closed for $38,200,000, or roughly $346 per square foot. Newmark’s Senior Managing Director Jesse Millman helped...

construction figurines on top of a phone
AECFinanceIndustry NewsOrange CountyResidential

FivePoint Seeks to Add 1,300 Homes at Great Park Neighborhoods in Irvine

As office demand softens, master-planned community pivot reflects broader shift in California real estate FivePoint Holdings is betting big on residential over commercial...

FeaturedFinanceHospitalityIndustry News

Sonder Collapses as Marriott Deal Unravels, Leaving Hospitality Startup in Ruins

The once-promising tech-enabled accommodation provider will liquidate immediately after integration challenges with Marriott led to terminal financial distress Sonder Holdings Inc., the San...

Amazon logo
CommercialFeaturedIndustry News

Amazon Prepares Its Biggest Workforce Reduction in Years as AI Reshapes Corporate Operations

The e-commerce giant is set to cut up to 30,000 corporate jobs, signaling a shift toward automation and leaner management structures Amazon.com is...

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