South Bay
PSM Communication Arts’ New Hermosa Beach Headquarters Geared Toward Collaboration
By Catherine Sweeney As 2022 draws to a close, companies continue to settle into new nontraditional methods of working. One company, PSM Communication...
Storm Properties Sells 28,000 SQFT Retail Center for $15.12MM in Gardena
IRVINE, Oct. 25, 2022 – JLL Capital Markets announced today that it has closed the $15.12 million sale of Redondo Plaza, a 28,000-square-foot,...
Rexford Industrial Realty Pays $338.9MM for Seven Properties in Southern California
LOS ANGELES — Rexford Industrial Realty, Inc. (the “Company” or “Rexford Industrial”) ( NYSE: REXR), a real estate investment trust focused on creating...
BLT Enterprises Pays $27.3MM for 49,307 SQFT Office Building in El Segundo
BLT Enterprises Pays $27.3MM for 49,307 SQFT Office Building in El Segundo Los Angeles, CA — Newmark announces it has arranged the $27.3...
CenterPoint Properties Completes 6.5-Acre Assemblage in Los Angeles’ South Bay Submarket
OAK BROOK, IL – CenterPoint Properties continues to zero in on LA’s lucrative South Bay industrial submarket, acquiring a 10,801-square-foot building at 540...
Lotte Global Logistics Leases CenterPoint’s 66,566 SQFT Industrial Property in Torrance
OAK BROOK, IL – CenterPoint Properties has leased a 66,566-square-foot, 7.5-acre property at 19875-19899 Pacific Gateway Drive in Torrance, CA, to Lotte Global...
Atlas Capital Buys 5.37-Acre industrial Redevelopment Site in Los Angeles for $39.8MM
Los Angeles, CA — Newmark announces that it has arranged the $39.8 million sale of a 5.37-acre industrial redevelopment opportunity located at 19401...
Cityview Breaks Ground on 265-Unit Multifamily Development in Gardena
GARDENA, Calif. –– Cityview, a vertically-integrated multifamily investment management and development firm, officially broke ground on its new multifamily development, South Bay X,...
Cedars Sinai Buys 74,301 SQFT Medical Office Building in Torrance for $37.8MM 
By Catherine Sweeney Cedars Sinai is continuing to expand its presence throughout the Greater Los Angeles’ South Bay region. In a deal that...
Rexford Industrial Acquires 123,532 SQFT Business Park in Long Beach for $24MM 
Los Angeles, CA (March 21, 2022) — Newmark announces it has arranged the $24 million sale of Long Beach Business Park, a 123,532-square-foot...
10.8-Acre Industrial Site in Gardena Listed with Lease-Back Opportunity 
By Catherine Sweeney A fully occupied industrial site in Gardena has been placed on the market, offering potential buyers a lease-back investment opportunity...
Plains All American Pipeline Sells 14.19-Acre Industrial Site in Long Beach for $50.7MM
Los Angeles, CA — Newmark announces it has facilitated the sale of a 14.19-acre industrial development site in Long Beach, California for $50.7...
