Strategic Investors Navigate Tight Credit Conditions and ULA Tax Challenges Aerial view of Onni Group’s apartment tower in Downtown L.A.: 54 stories with 685 apartments under construction, expected to be…

Market Overview The L.A. County office market’s recovery is hindered by weak demand, unoccupied new construction a, and continuous rise in vacant space. Landlords, wary of adjusting asking rents despite…

MARKET OVERVIEW L.A. County’s retail market recovery, four years post-pandemic, continues at a slow pace. In Q2 2024, the retail sector saw another uptick in the vacancy rate, rising 20…

Market Overview In Q2 2024, the multifamily sector experienced another uptick in the vacancy rate, rising 20 bps quarter-over-quarter and 40 bps year-over-year to 5.1%. New construction was a key…

Lower Leasing Velocity and a Significant Increase in Sublease Space Shaping Market Dynamics Goodman Commerce Center Cypress is under construction with two manufacturing facilities totaling 390,268 square feet, set for…

 Vacant Sublease Space Surges to 13.1 million square feet—a new all-time high Speedway Commerce Center: A 6.5M SF development located in Fontana, Phase 1 under construction with 1.8M SF delivering…

Record High Sublease Availability Drives Rent Reductions, Outpacing Direct Space Market Growth Aerial view of JMB Realty’s 731,250 SF, 37-story Century City Center office tower under construction, 100% preleased and…

MARKET OVERVIEW In Q2 2024, the industrial vacancy rate in the Inland Empire reached 7.2%, rising by 20 basis points quarter-over-quarter and increasing by 330 basis points year-over-year. Over the…

MARKET OVERVIEW In Q2 2024, the industrial space vacancy rate in L.A. County rose, contributing to a 160-bps increase year-over-year, now standing at 5.3%, which is 50 basis points higher…

MARKET OVERVIEW The Inland Empire’s industrial market started 2024 by slowing construction momentum. Approximately 7.4 million square feet of completed construction in the first quarter were added to the market,…