Retail Market Outlook  Inland Empire CDP America acquired a 198,955-SF former department store on 14.44 acres from Seritage Growth Properties for $3,038,500, or $15.27/SF. Vacant since 2019, the property’s sale…

Retail Market Outlook  Ventura County Cardenas acquired a 3,140-SF restaurant building formerly occupied by Danny’s Deli & Grill in Ventura for $1.75 million, or $557.32/SF.  By J.C. CasillasManaging Director of…

Office Market Outlook  Los Angeles County The Port of Long Beach acquired Oceangate Tower, a 226,748-SF office building in downtown Long Beach, from Faring for $35 million, or $159/SF. The…

Office Market Outlook  Orange County Broadcom acquired Five Point Gateway, a 660,893-SF office campus comprising two five-story buildings at 15101 and 15191 Alton Parkway, from PRP Real Assets for $215.77…

Office Market Outlook Inland Empire SAC Health System acquired a 280,173-SF office property from Quarry Capital for $95.01 million, or approximately $339.12/SF. The property was 100% leased at sale.  By…

Office Market Outlook  Ventura County An undisclosed tenant acquired a 33,328-SF office building from UFCW Local 770 for $4.025 million, or $120.77/SF, in an owner-user transaction. The property was 100%…

Industrial Market Outlook  Los Angeles County Marmon Keystone Corporation sold this 183,690-square-foot industrial complex to Phenix Truck Bodies and Equipment for $23.25 million ($127 per square foot).  By J.C. CasillasManaging…

Industrial Market Outlook  Inland Empire EQT Real Estate sold this 1,004,400-square-foot industrial building to Artemis Real Estate Partners for $153 million ($152 per square foot).  By J.C. CasillasManaging Director of…

Industrial Market Outlook  Orange County LBA Logistics sold this 348,230-square-foot industrial building to Kurv Industrial for $107 million ($307 per square foot).  By J.C. CasillasManaging Director of Research and Public…

Industrial Market Outlook  Ventura County HespeZDI sold this 46,924-square-foot industrial building to Plascene, Inc. for $12.23 million ($261 per square foot).  By J.C. CasillasManaging Director of Research and Public Relations…