Self Storage Development Surges in Undersupplied NYC & LA, and in Trending DFW & Phoenix
Nationwide more than 131MSF of new storage space is currently in the pipeline, set to increase the existing 1.6BSF inventory by 9%.
Hotel Conversions: Striking the Right Balance Between the Public Sector & Private Developers
Increase in hotel-to-multifamily conversions becomes one of the best unintended consequences of the pandemic for the real estate industry.
2021 California Office Sales Report: Bay Area Sales Activity on a Roll, LA & San Francisco Slowly Returning
The California office market was white hot up until the pandemic hit. Two years after, office sales activity is slowly building back toward those levels, with some markets closer than others.
Innovatus Capital Partners Acquires 5-Story San Diego Office Building
Innovatus Capital Partners, a New York City-based portfolio management firm, recently announced the purchase of…
Gen Z’s Homeownership Dreams Tempered as Affordability Concerns Grow
Surveying Gen Z, Millennial and Gen X on housing reveals that generational expectations have shifted toward a more pessimistic outlook since 2018.
Most Expensive U.S. Zip Codes in 2021: 10 Areas Surpass $4 Million Median Sale Price
Overwhelming majority of 100 most expensive U.S. zip codes surge in pricing, with 10 at $4M+ and an additional 20 going climbing over $3M.
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.
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…