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You’re hired! This week, new employment announcements seemed to dominate the news out of the Southwest market. Companies from George Smith Partners—which added a new principal—to CBRE and ARA, A Newmark bolstered their professional teams. The new additions are a good sign for the strength of the industry, however, the deal activity was also a positive signal. This week, we saw capital markets deals in the multifamily sector to major industrial acquisitions. Here’s a look at this week’s trends, announcements and deals that you may have missed in Southern California, Utah, Arizona and Nevada.


SAN BERNARDINO—San Bernardino County is leading the Southern California market in retail activity. The market has 844,213 square feet of new retail under construction in the region. This level of activity is even greater than the surrounding coastal markets of Los Angeles and Orange counties, making San Bernardino County a top choice for retail in the State. Some of these new retail developments include Daycreek Marketplace, in Rancho Cucamonga, which will add 100,135 square feet of retail space with CVS and Stater Brothers as anchor tenants, and Sycamore Hills Plaza, in Claremont, set to add a total of 134,000 square feet of new retail space including a new Whole Foods and CVS. Additionally, the county experienced 351,256 square feet of net absorption in the 4th quarter.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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