Industrial

The firm has purchased a fully-leased, last-mile distribution facility in the San Fernando Valley as its first industrial acquisition in the county.

Interest in alternative sub-classes is rapidly growing and isn't likely to be a passing phase.

Net absorption increased 38% last year while the vacancy rate fell to the lowest level since 2016.

Pricing for self-storage as well is at record levels.

The funding round will enable Neighbor.com to further expand its brand footprint and user base in the US.

Cushman & Wakefield finds that build-outs can have a construction cost range of $70 to $200 per square foot, depending on the market and details of the project.

Millenia Smart Park will feature small and large drone aerial testing, marine drone testing and an autonomous vehicle testing track.

The property contains a former General Motors facility, which the firm plans to demolish to build several office buildings.