NEWS
Monthly Apartment Rents Fall in August for First Time in Nearly Two Years
Orlando, Florida, Holds Top Spot for Annual Rent Growth Month-to-month apartment rents fell in August for the first time in nearly two years, sending another signal that the U.S. multifamily market is headed toward normalcy. Asking rents fell 0.1% in August from July...
Netflix Puts LA-Area Office Space Up for Sublease After Posting Gloomy Subscription Numbers
Netflix, once one of the most active office tenants in Hollywood, now is attempting to shrink its greater Los Angeles real estate footprint after layoffs and a decline in subscribers. The Los Gatos, California-based company has put up roughly 180,000 square feet of...
China-Based E-Commerce Company Inks LA’s Biggest Industrial Deal of the Year
A China-based e-commerce giant has signed on for the largest industrial lease on record in the tight Los Angeles region so far this year. JD.com agreed to lease the roughly 217,000-square-foot 333 S. Hacienda Blvd. building in the City of Industry, according to...
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