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LA’s Large Industrial Spaces Disappear From Market Amid Frenzied Demand

by Melissa Cline | Mar 22, 2022 | Commercial Development, Commercial Properties, Real Estate Market

A trucking company leased one of the few remaining large industrial spaces in greater Los Angeles as surging e-commerce and proximity to the nation’s biggest ports drive demand for Southern California logistics space. Pacific Expressway leased 111,000 square...

Los Angeles Rams Owner Eyes Fallow Westfield Mall for Training Site

by Melissa Cline | Feb 28, 2022 | Commercial Development, Commercial Properties

A mostly abandoned mall in suburban Los Angeles may become the practice facility of Super Bowl champion L.A. Rams in another major redevelopment deal involving billionaire team owner and real estate tycoon Stan Kroenke. The Rams’ owner is among several parties...

Public Pension Funds Return to Real Estate With All-Time High Commitments

by Melissa Cline | Feb 23, 2022 | Commercial Development

Public pension funds allocated a record $41 billion to real estate last year, based on Nasdaq data that shows a move past predictions of a pandemic-induced demise for property investment. The 59% increase last year from the prior 12 months came after a slow start,...

California Lawmakers Take Step To Extend Media Production Tax Credits

by Melissa Cline | Jan 20, 2022 | Commercial Development, Real Estate Market

California’s film and TV tax credit program is a step closer to being extended five years beyond its scheduled expiration after a key legislative committee passed a measure deemed crucial to keeping Los Angeles and other regions competitive for production business...

Canadian Developer’s Shopping Spree Around LA Grows With Another Retail Property Purchase

by Melissa Cline | Dec 10, 2021 | Commercial Development, Commercial Properties

Onni Group Expands Holdings With Acquisition in Long Beach, California After investing in a massive shopping center in Burbank, California, a Canadian developer has scooped up more retail space in Long Beach, Los Angeles County’s second-largest city. Onni Group,...

Active LA Industrial Investor Adds to Its Southern California Portfolio

by Melissa Cline | Dec 10, 2021 | Commercial Development, Commercial Properties

Rexford Industrial Realty’s LA and Inland Empire Acquisitions Include Redevelopment Plans A Los Angeles real estate investment trust has tacked on more industrial properties to its growing portfolio as the sector remains in demand amid a lack of inventory. Rexford...
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