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LOS ANGELES-In an unusual sale, a buyer acquires notes on nine grocery-anchored centers with 650,000 sf in Southern California from a union pension trust, according to Holliday Fenoglio Fowler.
COSTA MESA, CA-Brookfield Homes stays in 13,340 sf South Coast Corporate Center in a five-year lease extension. The reworked deal doesn't add any more office space, but it does get the team into a contiguous configuration.
BURBANK, CA-Construction of commercial buildings continues to decline on a year-to-year basis, but a monthly increase in April could be a harbinger of change. The report said total construction registered a 9.8% increase from March.
ANAHEIM, CA-Harbor Distribution of Rosemont, IL, goes from tenant to building owner of 1625 S. Lewis St., a three-structure property developed as a build-to-suit in 1988 for Coors. The asking price was $8.5 million.
LOS ANGELES-Marshall & Swift takes over another 22,251 sf at 911 Wilshire Blvd., where the real estate data and appraisal company already occupies 16,000 sf. The added office area was subleased from URS Corp.
RANCHO CUCAMONGA, CA-Pacifica Enterprises of San Diego buys the recently renovated Borgata at Alta Loma from Green Room Properties of Newport Beach. The investor gets an 89%-occupied complex and average monthly rents of $1,058 per unit.
MANHATTAN BEACH, CA-Keller Williams Realty and Tradewinds Escrow take a combined 8,000 sf of second-floor office space in a Pan Pacific building along Sepulveda Boulevard. Each sublease runs for two years and has a $200,000 price tag.
HUNTINGTON BEACH, CA-A local buyer obtains the 20-year-old Beach & Adams Center from a Chinese investor who had owned it for 16 years. The deal's upside is tied to the 80% occupancy in a fast-growing area.
NEWPORT BEACH, CA-The Koll Co. is taking back its 1.2-million-sf Airport Business Center, naming Diane Scott and Lori Ash as leasing execs for a nine-member management team at the 68-building development.
TUSTIN, CA-The $135,897 per unit is among the highest per-unit prices paid for an apartment complex of comparable age and location. The buyer gets a 33-year-old complex, 94% occupancy and monthly per unit rent of about $1,300.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource