Industrial Campus in Los Angeles’ South Bay Sells for $182 Million
Newmark announced the sale of a 576,000-square-foot industrial tech campus in the Los Angeles metro for $182 million.
Hines Fund Pays PG&E $800M for San Francisco Office Property
A fund affiliated with Hines recently agreed to purchase PG&E’s San Francisco headquarters as the utility and energy company is preparing for a relocation and consolidation in Oakland.
Most Expensive U.S. Zip Codes in 2020: Medians on the Rise in Country’s 100 Priciest Zips
Atherton remains priciest zip code at $7 million, followed by Sagaponack, Malibu & Beverly Hills, as California again dominates top 100 ranking.
Proposed Tax Law Amendment in California Could Greatly Affect Commercial & Industrial Properties
California’s Prop.15 seeks to tax commercial and industrial properties by their current market value, instead of the original purchase price.
An 80-Year Overview of Real Estate Development in L.A. — From Aeronautics, to Finance, to Silicon Beach
Urban resilience is an increasingly important topic in today’s complex environment. Through the evolution of its real estate market, Los Angeles is an example of urban resilience and adaptability.
L.A. County Home Sales Fall 21% in Turbulent 1st Half of 2020, Prices Grow 4%
L.A. County’s residential real estate market in the first half of 2020 was marked by COVID-19 and the county became one of the nation’s epicenters. We conducted a study of the market in 52 incorporated cities during this time and found that, as sales in L.A. County fell 21% compared to the same time period in 2019, median home sale prices rose 4% and sales fell from nearly 35,000 homes sold in the first half of 2019 to approximately 27,000 thus far in the current year.
California Food Tech Company Signs 112K SF Sublease
California food technology company Perfect Day recently announced it had subleased from Aduro Biotech 112,000…
Omninet Capital Nabs Two Metro LA Office Campuses for $78M
Omninet Capital recently purchased two metro Los Angeles office properties — one in Torrance and…
Round-Up: May 2020’s Notable Office Deals & Leases
Two months after the COVID-19 pandemic placed nearly all industries on hold, many financial markets…
The Most Expensive U.S. Office Space Submarkets In 2019
Key Takeaways California home to 36 of 100 most expensive U.S. office submarkets in 2019…
Mitsui Fudosan Tower Breaks Ground in Downtown Los Angeles
Mitsui Fudosan America has begun site clearance for its high-rise in downtown Los Angeles. Replacing…
Central Business Districts vs. Urban vs. Suburban: Breaking Down 10 Years of Office Expansion in the US
Between 2008 and 2018, the U.S. expanded its office footprint by 682 million square feet,…
Four California Cities Have Some of the Highest Shares of Renters Over 60 in the Top 30 Largest U.S. Cities
While many seniors still choose to own a home rather than rent it, there are…
Top 5 US Cities for Self-Storage Facility Construction Right Now
The self-storage industry has been experiencing declining street rates in recent times, but there remains an…
Yardi Matrix Special Report: Coworking Grows Steadily, NYC Leads the Way
In October, Yardi Matrix released its latest special report, “Shared Space: Coworking’s Rapid Growth Set…
5 Best Coworking Spaces in Santa Monica
Apart from its golden, sandy beaches and incredible sunsets, Santa Monica is also an established…
Top Most Expensive U.S. Zip Codes in 2019
While 11 states rank, California claims most expensive zip codes in any city, county or metro with San Francisco, L.A. County and Bay Area.
Bay Area Price Evolution 2014-2018: Bethel Island Median Up 117%, but Peninsula Still Absolute Price Leader
Key Takeaways: Median sale price up 40%+ in one-third of Bay Area markets. Bethel Island…
Metro L.A. Residential Price Evolution 2014-2018: Beverly Hills Remains Most Expensive Market at $3M; Inglewood Leads Growth with 60% Median Gain
Key Takeaways: Prices up across Los Angeles County; dynamic sales activity marks Orange County. Medians…
Check Out 10 of the Best Coworking Spaces in LA
Coworking has come to Hollywood in style with a range of spaces available in Los…