Los Angeles

The California Supreme Court reversed a Court of Appeals decision, upholding that the location of medical marijuana dispensaries is subject to CEQA.

In Chicago, nearly half (47.9%) of that space is pre-leased. New York ranked as the top market, with 14.6 million square feet (21% pre-leased) followed by Washington, D.C. with 10.9 million square feet (61% pre-leased), and Dallas, with 7.8 million square feet (63.9% pre-leased).

MG Properties Group buys the Enclave at Warner Center and Meridian Place in Northridge.

Los Angeles and San Diego had rent growth of more than 1% rent growth during peak rental season.

After a slow start to the year, big box leasing activity in Los Angeles with more than 200,000 square feet in net absorption.

West Adams, the mid-city Los Angeles neighborhood below the 10-freeway, has hit a recent growth spurt.