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<title>Beverly Hills, Century City Lead LA Office Leasing</title>
<link>https://www.bisnow.com/los-angeles/news/office/los-angeles-office-asking-rent-increase-q1-2026-134042</link>
<guid>https://www.bisnow.com/los-angeles/news/office/los-angeles-office-asking-rent-increase-q1-2026-134042</guid>
<description>Trophy buildings in two desirable neighborhoods drove rent growth in Los Angeles' office market in the first quarter.
Century City and Beverly Hills are outliers in the LA market, Savills Research Director Dalton Brusseau told Bisnow via email. Leasing...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Wed, 08 Apr 2026 16:46:07 -0400</pubDate>
<content:encoded><![CDATA[Trophy buildings in two desirable neighborhoods drove rent growth in Los Angeles' office market in the first quarter.
Century City and Beverly Hills are outliers in the LA market, Savills Research Director Dalton Brusseau told Bisnow via email. Leasing interest in those two areas contributed to the average asking rent increasing by 2.9% annually to $4.06 per SF, according to Savills' latest report.]]></content:encoded>
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<title>Covington Group Gets OK For 9.4M SF Industrial Project In Palmdale</title>
<link>https://www.bisnow.com/los-angeles/news/industrial/covington-group-gets-ok-for-94m-sf-industrial-project-in-palmdale-134098</link>
<guid>https://www.bisnow.com/los-angeles/news/industrial/covington-group-gets-ok-for-94m-sf-industrial-project-in-palmdale-134098</guid>
<description>The 9.4M SF Antelope Valley Commerce Center has received final entitlement approval, according to a release from the project's developer, Covington Group. 
It's one of the largest industrial projects ever proposed in Los Angeles County, Covington...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Mon, 13 Apr 2026 13:08:19 -0400</pubDate>
<content:encoded><![CDATA[The 9.4M SF Antelope Valley Commerce Center has received final entitlement approval, according to a release from the project's developer, Covington Group. 
It's one of the largest industrial projects ever proposed in Los Angeles County, Covington Group said. 
Project entitlements cover approval for AVCC East, where roughly 8M SF of industrial development is planned. AVCC West, which is 1.4M SF, was previously approved. Approvals include the ability to build one warehouse up to 2M SF. 
Total project costs are expected to reach approximately $1.2B, according to the release.
The city of Palmdale, located on the northern edge of Los Angeles County, is an industrial real estate hub that is expanding...]]></content:encoded>
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<title>Walker &amp; Dunlop Arranges $78M Financing For DTLA Apartments: The Los Angeles Deal Sheet</title>
<link>https://www.bisnow.com/los-angeles/news/deal-sheet/walker-dunlop-arranges-78m-financing-for-dtla-apartments-the-los-angeles-deal-sheet-134088</link>
<guid>https://www.bisnow.com/los-angeles/news/deal-sheet/walker-dunlop-arranges-78m-financing-for-dtla-apartments-the-los-angeles-deal-sheet-134088</guid>
<description>Waterton has secured $77.8M in financing arranged by Walker &amp; Dunlop for its 293-unit apartment complex Olive DTLA in Downtown LA. 
The Walker &amp; Dunlop Capital Markets Real Estate Finance team led by Steve Carlson arranged the financing, which...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Sun, 12 Apr 2026 15:34:52 -0400</pubDate>
<content:encoded><![CDATA[Waterton has secured $77.8M in financing arranged by Walker & Dunlop for its 293-unit apartment complex Olive DTLA in Downtown LA. 
The Walker & Dunlop Capital Markets Real Estate Finance team led by Steve Carlson arranged the financing, which included a $66M refinance through Fannie Mae and $11.8M in preferred equity from Tokyu Land US Corp., the latter of which made this a “cash-neutral” refinancing, according to a release from W&D. The loan has a five-year, fixed-rate term. 
PEOPLE
Progressive Real Estate Partners has promoted Roxanne Klein to senior vice president and Lance Mordachini to vice president. 
Klein specializes in the leasing and sale of...]]></content:encoded>
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<title>Open-Air Malls Lead Retail Megadeals In Los Angeles</title>
<link>https://www.bisnow.com/los-angeles/news/retail/retail-los-angeles-transactions-open-air-malls-shopping-centers-134067</link>
<guid>https://www.bisnow.com/los-angeles/news/retail/retail-los-angeles-transactions-open-air-malls-shopping-centers-134067</guid>
<description>Los Angeles-area malls, especially the open-air variety, led a comeback for retail assets to start 2026.
Malls are having a moment nationwide, with teens partying like it’s 1999 and driving up foot traffic at shopping centers rather than patronizing...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Thu, 09 Apr 2026 16:18:32 -0400</pubDate>
<content:encoded><![CDATA[Los Angeles-area malls, especially the open-air variety, led a comeback for retail assets to start 2026.
Malls are having a moment nationwide, with teens partying like it’s 1999 and driving up foot traffic at shopping centers rather than patronizing online stores like their older counterparts.
Combined with generally improving retail fundamentals and constrained supply, investors have proven increasingly willing to drop up to nine figures on LA-area malls.]]></content:encoded>
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<title>Fire Destroys 1.2M SF Inland Empire Warehouse Filled With Toilet Paper</title>
<link>https://www.bisnow.com/los-angeles/news/industrial/fire-destroys-12m-sf-inland-empire-warehouse-134026</link>
<guid>https://www.bisnow.com/los-angeles/news/industrial/fire-destroys-12m-sf-inland-empire-warehouse-134026</guid>
<description>A massive fire, now suspected to be arson, at a 1.2M SF warehouse in the Inland Empire city of Ontario led to the building's roof collapsing.
The blaze broke out Tuesday morning and raced through the building, which held tissue and toilet paper. At...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Wed, 08 Apr 2026 13:42:08 -0400</pubDate>
<content:encoded><![CDATA[A massive fire, now suspected to be arson, at a 1.2M SF warehouse in the Inland Empire city of Ontario led to the building's roof collapsing.
The blaze broke out Tuesday morning and raced through the building, which held tissue and toilet paper. At one point, it grew to the level of a six-alarm fire, with about 175 firefighters working on it, the Los Angeles Times reported.
By Tuesday afternoon, the fire was considered under control and no longer spreading. It was contained to the building where it started, according to the Ontario Fire Department. 
Ontario Deputy Fire Chief Mike Wedell told Bloomberg all the products inside were destroyed.
The massive warehouse is leased by...]]></content:encoded>
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<title>High-Speed Aircraft Maker Moves HQ From Atlanta To Los Angeles</title>
<link>https://www.bisnow.com/los-angeles/news/industrial/high-speed-aircraft-maker-moves-hq-from-atlanta-to-la-134015</link>
<guid>https://www.bisnow.com/los-angeles/news/industrial/high-speed-aircraft-maker-moves-hq-from-atlanta-to-la-134015</guid>
<description>Defense aviation company Hermeus is moving its headquarters from Atlanta to El Segundo. 
The move, first reported by the Los Angeles Times, aligns with an announcement from Hermeus that the company closed $350M in Series C financing. The round was...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Tue, 07 Apr 2026 16:47:22 -0400</pubDate>
<content:encoded><![CDATA[Defense aviation company Hermeus is moving its headquarters from Atlanta to El Segundo. 
The move, first reported by the Los Angeles Times, aligns with an announcement from Hermeus that the company closed $350M in Series C financing. The round was led by Khosla Ventures, with participation by Founders Fund, which was co-founded by Peter Thiel. 
Considering all capital raised, the company now has a $1B valuation. 
"This funding provides the strategic capital to move from prototyping to mission-ready, high-Mach platforms, keeping Hermeus on a path to deliver the fastest unmanned aircraft flying today," according to a company release.
Hermeus is now working on a three-plane fleet of...]]></content:encoded>
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<title>RPG Sells 60K SF, Rivian-Leased Industrial Asset Near San Diego</title>
<link>https://www.bisnow.com/los-angeles/news/industrial/rpg-sells-60k-sf-rivian-leased-industrial-asset-near-san-diego-133926</link>
<guid>https://www.bisnow.com/los-angeles/news/industrial/rpg-sells-60k-sf-rivian-leased-industrial-asset-near-san-diego-133926</guid>
<description>A joint venture of RAF Pacifica Group and CenterSquare Investment Management has sold an approximately 60K SF industrial building at 3280 Corporate View in Vista.
The property was fully leased to electric carmaker Rivian, according to a release from...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Tue, 31 Mar 2026 16:28:07 -0400</pubDate>
<content:encoded><![CDATA[A joint venture of RAF Pacifica Group and CenterSquare Investment Management has sold an approximately 60K SF industrial building at 3280 Corporate View in Vista.
The property was fully leased to electric carmaker Rivian, according to a release from the sellers. 
The property sold for $16M. The buyer was not disclosed. 
RPG and CenterSquare acquired the property in 2022 for approximately $10.8M, property records show. 
The North San Diego County property is close to affluent coastal communities including Rancho Santa Fe, La Costa, Encinitas and Carlsbad. Vista is an established hub for advanced manufacturing, logistics, and research and development.
Q4 2025 marked the San Diego industrial market's fourth consecutive quarter of positive net absorption, according to CBRE. The market...]]></content:encoded>
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<title>For CRE, LA's Mayoral Race Is About Making The City 'Investable' Again</title>
<link>https://www.bisnow.com/los-angeles/news/investment/los-angeles-mayor-election-real-estate-measure-ula-133900</link>
<guid>https://www.bisnow.com/los-angeles/news/investment/los-angeles-mayor-election-real-estate-measure-ula-133900</guid>
<description>With Los Angeles’ mayoral primary coming in June, the crowded pool of candidates and narrow margins in early polls mean the position is very much up for grabs. 
Commercial real estate groups and leaders hope to see a candidate who will reverse the...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Mon, 30 Mar 2026 16:29:48 -0400</pubDate>
<content:encoded><![CDATA[With Los Angeles’ mayoral primary coming in June, the crowded pool of candidates and narrow margins in early polls mean the position is very much up for grabs. 
Commercial real estate groups and leaders hope to see a candidate who will reverse the decline in confidence among investors and push for changes to the city’s quality of life.
“I don't think this election is about politics,” Concord CEO Reuben Robin said. “It's about whether LA becomes investable again, and that's really what it comes down to.”
Although LA metro real estate sales volumes across all property types grew year-over-year to $37.3B at the end of 2025, that figure remains $14.1B below...]]></content:encoded>
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<title>Manulife Selling TCW Tower To LA Water And Power For $93M</title>
<link>https://www.bisnow.com/los-angeles/news/office/manulife-selling-tcw-tower-to-ladwp-for-93m-133892</link>
<guid>https://www.bisnow.com/los-angeles/news/office/manulife-selling-tcw-tower-to-ladwp-for-93m-133892</guid>
<description>Singapore-listed Manulife US REIT is selling Downtown's TCW Tower to the Los Angeles Department of Water and Power for $92.5M. 
The transaction was announced through a divestment notice from Manulife. An entity controlled by the REIT, Hancock S-REIT...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Mon, 30 Mar 2026 14:15:54 -0400</pubDate>
<content:encoded><![CDATA[Singapore-listed Manulife US REIT is selling Downtown's TCW Tower to the Los Angeles Department of Water and Power for $92.5M. 
The transaction was announced through a divestment notice from Manulife. An entity controlled by the REIT, Hancock S-REIT LA Corp, is the official seller of the 35-story TCW Tower. 
As of the end of 2025, the tower was roughly 46% occupied and the weighted average lease expiration was just under five years, according to the notice. 
The price tag for the 719K SF office tower at 865 S. Figueroa St. works out to about $129 per SF. The Real Deal first reported the pending sale.
Manulife plans to use proceeds from the sale...]]></content:encoded>
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<title>Hathaway Dinwiddie Leases Full Floor In Union Bank Plaza: The Los Angeles Deal Sheet</title>
<link>https://www.bisnow.com/los-angeles/news/deal-sheet/hathaway-dinwiddie-leases-full-floor-union-bank-plaza-los-angeles-deal-sheet-133870</link>
<guid>https://www.bisnow.com/los-angeles/news/deal-sheet/hathaway-dinwiddie-leases-full-floor-union-bank-plaza-los-angeles-deal-sheet-133870</guid>
<description>Hathaway Dinwiddie Construction Co. has signed an 18K SF lease for the full 16th floor of Union Bank Plaza at 445 S. Figueroa St. in Downtown Los Angeles. 
Newmark's David Kluth and Mai Hu represented the tenant, and John Zanetos and Chris Penrose of...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Fri, 27 Mar 2026 11:58:16 -0400</pubDate>
<content:encoded><![CDATA[Hathaway Dinwiddie Construction Co. has signed an 18K SF lease for the full 16th floor of Union Bank Plaza at 445 S. Figueroa St. in Downtown Los Angeles. 
Newmark's David Kluth and Mai Hu represented the tenant, and John Zanetos and Chris Penrose of CBRE represented the landlord.
It is the second lease at Union Bank Plaza this week. An official partner of the 2028 Olympics leased 108K SF in the building, to be occupied in phases.  
PEOPLE
Century Housing hired Jacqueline Waggoner as its president and CEO. Waggoner brings more than 25 years of experience. Most recently, she was president of the solutions division at...]]></content:encoded>
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<title>Capital Group Buying Downtown's Distressed Bank Of America Plaza</title>
<link>https://www.bisnow.com/los-angeles/news/office/capital-group-buying-downtowns-distressed-bank-of-america-plaza-133858</link>
<guid>https://www.bisnow.com/los-angeles/news/office/capital-group-buying-downtowns-distressed-bank-of-america-plaza-133858</guid>
<description>A major tenant at a distressed Downtown LA office tower will be its next owner. 
Investment firm Capital Group is buying the Bank of America Plaza at 333 S. Hope St. The seller was a Brookfield Properties entity that defaulted on a $400M CMBS loan secured...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Fri, 27 Mar 2026 12:48:52 -0400</pubDate>
<content:encoded><![CDATA[A major tenant at a distressed Downtown LA office tower will be its next owner. 
Investment firm Capital Group is buying the Bank of America Plaza at 333 S. Hope St. The seller was a Brookfield Properties entity that defaulted on a $400M CMBS loan secured by the property last year and put it up for sale shortly after. 
Capital Group plans to consolidate its LA operations at the office tower, which will eventually be home to more than 2,100 employees, the firm said in a statement. The company manages $3.4T in assets globally. 
Capital Group has been a tenant of the tower since 1978, according to a representative for the firm....]]></content:encoded>
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<title>2028 Olympics Partner Leases 108K SF In Downtown LA</title>
<link>https://www.bisnow.com/los-angeles/news/office/union-bank-plaza-building-olympics-lease-133845</link>
<guid>https://www.bisnow.com/los-angeles/news/office/union-bank-plaza-building-olympics-lease-133845</guid>
<description>Another large lease is coming to Downtown Los Angeles thanks to the 2028 Olympics and Paralympic Games. 
On Location, which is working with the 2028 Olympics to sell ticket packages, has leased 108K SF at the former Union Bank Plaza, Bisnow has learned.
On...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Thu, 26 Mar 2026 14:13:09 -0400</pubDate>
<content:encoded><![CDATA[Another large lease is coming to Downtown Los Angeles thanks to the 2028 Olympics and Paralympic Games. 
On Location, which is working with the 2028 Olympics to sell ticket packages, has leased 108K SF at the former Union Bank Plaza, Bisnow has learned.
On Location did not respond to a request for comment. 
The 40-story property at 445 S. Figueroa St. holds roughly 675K SF of office space. The Southwest Carpenters Pension Trust bought it in 2024 for $80M. 
Downtown had a 31.7% office vacancy rate in the fourth quarter of 2025 — the highest of any LA submarket — and roughly 144K SF of negative absorption.  
This is the...]]></content:encoded>
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<title>Office-To-Resi Conversions Up 28% From Last Year's Record Levels</title>
<link>https://www.bisnow.com/national/news/adaptive-reuse/office-resi-conversions-up-28-percent-from-last-year-record-levels-133841</link>
<guid>https://www.bisnow.com/national/news/adaptive-reuse/office-resi-conversions-up-28-percent-from-last-year-record-levels-133841</guid>
<description>At the start of 2026, 90,300 apartments were in the process of conversion from office space nationwide, a 28% increase from 70,600 at the same time last year.
Office conversions now account for 47% of future adaptive reuse projects nationwide, according...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Thu, 26 Mar 2026 12:03:15 -0400</pubDate>
<content:encoded><![CDATA[At the start of 2026, 90,300 apartments were in the process of conversion from office space nationwide, a 28% increase from 70,600 at the same time last year.
Office conversions now account for 47% of future adaptive reuse projects nationwide, according to a new RentCafe report. 
The number of units underway at the start of 2026 was almost four times the roughly 23,000 units being converted in 2022. 
Part of the reason for this conversion boom is looming loan maturities. Roughly $213B in office loans — about a third of all U.S. office loans — are coming due by the end of this year, and those borrowers will need to pay...]]></content:encoded>
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<title>Brookfield Subsidiary Sells Costa Mesa Campus For $36M</title>
<link>https://www.bisnow.com/los-angeles/news/office/brookfield-costa-mesa-campus-sale-133800</link>
<guid>https://www.bisnow.com/los-angeles/news/office/brookfield-costa-mesa-campus-sale-133800</guid>
<description>American National, a Brookfield subsidiary, sold a 128K SF flex office campus in Costa Mesa to Greenlaw Partners for $36.3M.
The property at 2915 Red Hill Ave., known as the Stonemill Design Center, is 94% occupied by office and industrial tenants,...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Tue, 24 Mar 2026 15:00:40 -0400</pubDate>
<content:encoded><![CDATA[American National, a Brookfield subsidiary, sold a 128K SF flex office campus in Costa Mesa to Greenlaw Partners for $36.3M.
The property at 2915 Red Hill Ave., known as the Stonemill Design Center, is 94% occupied by office and industrial tenants, according to The Real Deal. The property was marketed as a redevelopment opportunity.
A Newmark team led by co-Head of Capital Markets Kevin Shannon brokered the deal. 
The sale price for the 8-acre campus works out to approximately $280 per SF.
Orange County's industrial market had a 4.9% vacancy rate in Q4 2025, a slight decrease year-over-year, according to CBRE. Its office market had a vacancy rate...]]></content:encoded>
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<title>With Rates And Costs High, LA Multifamily Investors Shift From Ground‑Up To Preservation Plays</title>
<link>https://www.bisnow.com/los-angeles/news/multifamily/la-investors-owners-look-to-existing-assets-instead-new-development-133765</link>
<guid>https://www.bisnow.com/los-angeles/news/multifamily/la-investors-owners-look-to-existing-assets-instead-new-development-133765</guid>
<description>As interest rate concerns and a desire for stability come to the fore for multifamily developers and investors, many are turning away from development of new properties and toward the purchase of existing assets.
Prior to interest rates rising in 2022,...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Sun, 22 Mar 2026 12:29:05 -0400</pubDate>
<content:encoded><![CDATA[As interest rate concerns and a desire for stability come to the fore for multifamily developers and investors, many are turning away from development of new properties and toward the purchase of existing assets.
Prior to interest rates rising in 2022, Impact Housing was largely working in market-rate development, but when interest rates shifted, the company's strategy changed.
“We saw the deterioration of value on the market-rate side,” Impact Housing CEO and founder Drew Orenstein said at Bisnow’s Los Angeles Multifamily and Affordable Housing Summit on Thursday at the Omni Hotel and Resort Los Angeles. “As such, we made a big pivot to the affordable...]]></content:encoded>
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<title>One Beverly Hills Secures $4.3B In Financing From J.P. Morgan, Vici</title>
<link>https://www.bisnow.com/los-angeles/news/capital-markets/one-beverly-hills-secures-43b-financing-finish-development-133776</link>
<guid>https://www.bisnow.com/los-angeles/news/capital-markets/one-beverly-hills-secures-43b-financing-finish-development-133776</guid>
<description>The developers of One Beverly Hills secured $4.3B in financing to complete the 17.5-acre hospitality project.
J.P. Morgan and gaming and experiential REIT Vici Properties led the financing, which is among the largest of its kind in the last decade,...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Mon, 23 Mar 2026 12:33:01 -0400</pubDate>
<content:encoded><![CDATA[The developers of One Beverly Hills secured $4.3B in financing to complete the 17.5-acre hospitality project.
J.P. Morgan and gaming and experiential REIT Vici Properties led the financing, which is among the largest of its kind in the last decade, according to a release from One Beverly Hills. 
The financing package is a $2.8B senior loan from J.P. Morgan and a $1.5B mezzanine loan from Vici. 
One Beverly Hills, developed by Cain and Eldridge Industries, will be home to the ultra-luxury Aman Beverly Hills hotel and residences. The project will also have 10 acres of open space and connect to The Beverly Hilton and the Waldorf Astoria Beverly Hills.
The project makes a big...]]></content:encoded>
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<title>Nonprofit Expands To 167K SF In Chatsworth: The Los Angeles Deal Sheet</title>
<link>https://www.bisnow.com/los-angeles/news/deal-sheet/chatsworth-north-los-angeles-county-regional-center-office-lease-133763</link>
<guid>https://www.bisnow.com/los-angeles/news/deal-sheet/chatsworth-north-los-angeles-county-regional-center-office-lease-133763</guid>
<description>The nonprofit North Los Angeles County Regional Center has signed a 167K SF long-term lease at 9200 Oakdale Ave. in Chatsworth. 
The lease represents a renewal and expansion at the site for the Regional Center. The nonprofit previously occupied about...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Fri, 20 Mar 2026 17:12:30 -0400</pubDate>
<content:encoded><![CDATA[The nonprofit North Los Angeles County Regional Center has signed a 167K SF long-term lease at 9200 Oakdale Ave. in Chatsworth. 
The lease represents a renewal and expansion at the site for the Regional Center. The nonprofit previously occupied about 112K SF at the property. 
The NLACRC partners with community-based organizations to serve individuals with developmental disabilities and their families.
Newmark's Steve Kolsky, Suzanne Lee and Ron Burkhardt represented NLACRC. Landlord Omninet was represented by Jim Lindvall and Chloe Sanchez of JLL.
SALES
CBRE has arranged the sale of a 69K SF office property at 2300 E. Katella Ave. in Anaheim. The property was acquired...]]></content:encoded>
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<title>Los Angeles To Track Corporate Ownership Of Rental Housing</title>
<link>https://www.bisnow.com/los-angeles/news/multifamily/corporate-rental-ownership-los-angeles-housing-department-133723</link>
<guid>https://www.bisnow.com/los-angeles/news/multifamily/corporate-rental-ownership-los-angeles-housing-department-133723</guid>
<description>The city of Los Angeles will begin tracking how large corporate buyers impact the housing market by studying ownership of rental properties. 
The Los Angeles Housing Department will determine how to categorize the city's landlords and review the effects...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Wed, 18 Mar 2026 17:38:18 -0400</pubDate>
<content:encoded><![CDATA[The city of Los Angeles will begin tracking how large corporate buyers impact the housing market by studying ownership of rental properties. 
The Los Angeles Housing Department will determine how to categorize the city's landlords and review the effects of institutional owners on tenants, homeowners and small landlords.]]></content:encoded>
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<title>Bank Of Hope Moves HQ To Aon Center In 50K SF LA Lease</title>
<link>https://www.bisnow.com/los-angeles/news/office/aon-center-bank-of-hope-downtown-los-angeles-133717</link>
<guid>https://www.bisnow.com/los-angeles/news/office/aon-center-bank-of-hope-downtown-los-angeles-133717</guid>
<description>Bank of Hope has signed an approximately 50K SF office lease in Downtown Los Angeles, relocating its headquarters to the Aon Center at 707 Wilshire Blvd. The news was announced by the building's owner, Carolwood LP, and by Colliers. 
The office will...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Wed, 18 Mar 2026 15:48:42 -0400</pubDate>
<content:encoded><![CDATA[Bank of Hope has signed an approximately 50K SF office lease in Downtown Los Angeles, relocating its headquarters to the Aon Center at 707 Wilshire Blvd. The news was announced by the building's owner, Carolwood LP, and by Colliers. 
The office will serve as Bank of Hope's new headquarters, which was previously located at 3200 Wilshire Blvd. on the outskirts of LA.
The property’s ownership group includes principals Daniel Abrams, Andrew Shanfeld and Adam Rubin. Colliers Senior Vice President Adam Tischer assembled the ownership group and is also part of it. 
Colliers Vice Chair Matthew Heyn and Executive Vice President Ian M. Gilbert brokered the lease on behalf...]]></content:encoded>
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<title>Faraday Future Moving Headquarters To El Segundo</title>
<link>https://www.bisnow.com/los-angeles/news/office/faraday-future-moving-headquarters-to-el-segundo-133692</link>
<guid>https://www.bisnow.com/los-angeles/news/office/faraday-future-moving-headquarters-to-el-segundo-133692</guid>
<description>Faraday Future announced Sunday it would relocate to a new headquarters in El Segundo from its current location in Gardena. 
The move comes after more than a year of looking for a new space, according to the release. The property at 1990 E. Grand Ave....</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Tue, 17 Mar 2026 13:26:10 -0400</pubDate>
<content:encoded><![CDATA[Faraday Future announced Sunday it would relocate to a new headquarters in El Segundo from its current location in Gardena. 
The move comes after more than a year of looking for a new space, according to the release. The property at 1990 E. Grand Ave. in El Segundo is the former Stamps.com office. The new office's square footage is approximately 99K SF, according to a CBRE brochure for the space. 
The electric mobility company's new home is owned by an entity connected to New York investment management firm Fortress Investment Management, according to property records. Fortress bought the property from the parent company of Stamps.com...]]></content:encoded>
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<title>Entertainment Venue Underway In Anaheim: The Los Angeles Deal Sheet</title>
<link>https://www.bisnow.com/los-angeles/news/deal-sheet/ocvibe-anaheim-development-los-angeles-real-estate-133655</link>
<guid>https://www.bisnow.com/los-angeles/news/deal-sheet/ocvibe-anaheim-development-los-angeles-real-estate-133655</guid>
<description>A new live entertainment venue is expected to open in Anaheim in March 2027. Designed by Populous, the venue can hold 5,000 people and is part of the larger OCVibe development, a $5B, 100-acre mixed-use district near the Honda Center and the Anaheim Regional...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Fri, 13 Mar 2026 13:16:47 -0400</pubDate>
<content:encoded><![CDATA[A new live entertainment venue is expected to open in Anaheim in March 2027. Designed by Populous, the venue can hold 5,000 people and is part of the larger OCVibe development, a $5B, 100-acre mixed-use district near the Honda Center and the Anaheim Regional Transportation Intermodal Center transit hub. 
The Honda Center is also undergoing a $1B renovation as part of the development around it. The first phase of OCVibe is scheduled to open in March 2027. 
PEOPLE
SRS Real Estate Partners opened a new office in Santa Barbara and hired veteran retail real estate adviser Mike Hieshima as senior vice president and principal....]]></content:encoded>
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<title>Redwood West, Panattoni JV Spends $530M On Victoria Gardens Mall</title>
<link>https://www.bisnow.com/los-angeles/news/retail/redwood-west-panattoni-venture-spend-530m-to-buy-ie-mall-victoria-gardens-133638</link>
<guid>https://www.bisnow.com/los-angeles/news/retail/redwood-west-panattoni-venture-spend-530m-to-buy-ie-mall-victoria-gardens-133638</guid>
<description>The Inland Empire open-air mall Victoria Gardens sold to a joint venture of Redwood West, Panattoni and Prime Finance for $530M.
The more than 1M SF Rancho Cucamonga lifestyle center generates over $1.1K per SF, according to a release from the new owners....</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Thu, 12 Mar 2026 14:32:00 -0400</pubDate>
<content:encoded><![CDATA[The Inland Empire open-air mall Victoria Gardens sold to a joint venture of Redwood West, Panattoni and Prime Finance for $530M.
The more than 1M SF Rancho Cucamonga lifestyle center generates over $1.1K per SF, according to a release from the new owners. The mall is 98% leased. The sale of the mall works out to about $441 per SF. 
“We see tremendous opportunity with Victoria Gardens,” Redwood West co-founder and Managing Partner John Pomer said in a statement. “It is a one-of-a-kind, highly productive asset with deep roots in the region." 
The mixed-use Lido Marina Village in Newport Beach and the Peninsula Village...]]></content:encoded>
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<title>LA City Council OKs Redevelopment Of WWII-Era San Pedro Housing</title>
<link>https://www.bisnow.com/los-angeles/news/construction-development/rancho-san-pedro-redevelopment-wwii-era-la-housing-133609</link>
<guid>https://www.bisnow.com/los-angeles/news/construction-development/rancho-san-pedro-redevelopment-wwii-era-la-housing-133609</guid>
<description>Development team One San Pedro Collaborative has locked in entitlements for a long-term plan to redevelop the roughly 20-acre midcentury public housing development Rancho San Pedro near the Port of Los Angeles. 
The collaborative, a joint venture between Richman...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Wed, 11 Mar 2026 13:49:48 -0400</pubDate>
<content:encoded><![CDATA[Development team One San Pedro Collaborative has locked in entitlements for a long-term plan to redevelop the roughly 20-acre midcentury public housing development Rancho San Pedro near the Port of Los Angeles. 
The collaborative, a joint venture between Richman Group, National Core, Century Housing and the Housing Authority of the City of Los Angeles, on Tuesday officially got the green light from the LA City Council to overhaul the property, Urbanize LA reported.
The transformation would reboot the 478-unit residential development as a mixed-use project with 1,553 housing units, 1,090 of them income-restricted, and 130K SF of commercial space in buildings across nine city blocks. The new Rancho...]]></content:encoded>
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<title>Westwood Office Sells For $38.2M: The Los Angeles Deal Sheet</title>
<link>https://www.bisnow.com/los-angeles/news/deal-sheet/westwood-land-sale-varda-space-industries-bathhouse-amoeba-records-133551</link>
<guid>https://www.bisnow.com/los-angeles/news/deal-sheet/westwood-land-sale-varda-space-industries-bathhouse-amoeba-records-133551</guid>
<description>Le Conte Westwood Development, an affiliate of Beitler Commercial Realty Services, sold a 1.16-acre site at Le Conte Avenue and Westwood Boulevard in Westwood for $38.2M. 
The 10K SF office property at 10918-10926 Le Conte Ave. sold in an off-market...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Sun, 08 Mar 2026 14:47:15 -0400</pubDate>
<content:encoded><![CDATA[Le Conte Westwood Development, an affiliate of Beitler Commercial Realty Services, sold a 1.16-acre site at Le Conte Avenue and Westwood Boulevard in Westwood for $38.2M. 
The 10K SF office property at 10918-10926 Le Conte Ave. sold in an off-market transaction to an undisclosed buyer. 
Newmark's Ryan Plummer and Westmac's Willa McNamarra Fields and Jim Burnap represented the seller. Newmark's David Kluth and JLL's Aliya Coher represented the buyer.
PEOPLE
G4 Capital Partners hired industry veteran Larry Grantham as senior managing director. Grantham will lead capital formation and a West Coast expansion beginning in Los Angeles. 
Grantham comes to G4 from Calmwater Capital, which he co-founded. In his 15-year tenure...]]></content:encoded>
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<title>Brookfield, Queensland Selling 1M SF Southern California Mall</title>
<link>https://www.bisnow.com/los-angeles/news/retail/brookfield-qic-selling-inland-empire-open-air-mall-victoria-gardens-133505</link>
<guid>https://www.bisnow.com/los-angeles/news/retail/brookfield-qic-selling-inland-empire-open-air-mall-victoria-gardens-133505</guid>
<description>Brookfield Properties and Queensland Investment Corp. are selling the Inland Empire mall Victoria Gardens, Bisnow has learned. 
A representative for GGP, Brookfield Properties' retail division, declined to comment.
The open-air mall at 12505 N. Mainstreet...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Wed, 04 Mar 2026 14:16:20 -0500</pubDate>
<content:encoded><![CDATA[Brookfield Properties and Queensland Investment Corp. are selling the Inland Empire mall Victoria Gardens, Bisnow has learned. 
A representative for GGP, Brookfield Properties' retail division, declined to comment.
The open-air mall at 12505 N. Mainstreet in Rancho Cucamonga spans more than 1M SF and is a strong performer in a relatively affluent corner of the Inland Empire. Cash flow at the mall in 2024 was $33.6M, roughly on par with the underwritten level, according to Morningstar Credit data. While the final 2025 numbers haven’t yet been reported, the cash flow is pacing roughly the same.
The property’s net operating income was $32M at the end of 2023, up...]]></content:encoded>
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<title>Yamaha Lists 25-Acre Cypress Headquarters</title>
<link>https://www.bisnow.com/los-angeles/news/construction-development/yamaha-leaving-california-cypress-headquarters-for-sale-133504</link>
<guid>https://www.bisnow.com/los-angeles/news/construction-development/yamaha-leaving-california-cypress-headquarters-for-sale-133504</guid>
<description>Yamaha Motor Corporation USA, the American arm of Tokyo-based Yamaha Motor Co., is selling its 25-acre Cypress headquarters.
The sale is part of the relocation of Yamaha's U.S. group to Kennesaw, Georgia. The relocation will take place from the end...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Wed, 04 Mar 2026 13:04:23 -0500</pubDate>
<content:encoded><![CDATA[Yamaha Motor Corporation USA, the American arm of Tokyo-based Yamaha Motor Co., is selling its 25-acre Cypress headquarters.
The sale is part of the relocation of Yamaha's U.S. group to Kennesaw, Georgia. The relocation will take place from the end of 2026 until the end of 2028, the manufacturer announced at the end of February. 
This is the last phase of a move that has taken place in phases since 1999, when the company's marine business relocated to Kennesaw. Its motorsports business followed in 2019. 
The only workers left at the Cypress facility were corporate and financial services employees. 
The property at 6555 Katella Ave. has been the U.S. headquarters of the company...]]></content:encoded>
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<title>Los Angeles Aerospace And Defense Tenants Are Expanding Wherever They Can</title>
<link>https://www.bisnow.com/los-angeles/news/industrial/los-angeles-aerospace-defense-leasing-real-estate-long-beach-south-bay-133483</link>
<guid>https://www.bisnow.com/los-angeles/news/industrial/los-angeles-aerospace-defense-leasing-real-estate-long-beach-south-bay-133483</guid>
<description>When FlightWave Aerospace Systems was looking to expand from 14K SF in Carson to more than 50K SF, it had a checklist of wants. The company, which manufactures lightweight drones for intelligence and reconnaissance operations, needed more power than a...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Tue, 03 Mar 2026 12:41:59 -0500</pubDate>
<content:encoded><![CDATA[When FlightWave Aerospace Systems was looking to expand from 14K SF in Carson to more than 50K SF, it had a checklist of wants. The company, which manufactures lightweight drones for intelligence and reconnaissance operations, needed more power than a traditional industrial building could provide, and it also needed high clear heights to accommodate equipment or additional storage. 
To get these things, it was willing to pay a little bit more, FlightWave President Shawn Webb said. The company ultimately signed a 51K SF, five-year lease for $5.4M in the South Bay city of Torrance. ]]></content:encoded>
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<title>NewMark Merrill Building Retail Center: The Los Angeles Deal Sheet</title>
<link>https://www.bisnow.com/los-angeles/news/deal-sheet/newmark-merrill-building-300k-sf-retail-center-in-high-desert-the-los-angeles-deal-sheet-133447</link>
<guid>https://www.bisnow.com/los-angeles/news/deal-sheet/newmark-merrill-building-300k-sf-retail-center-in-high-desert-the-los-angeles-deal-sheet-133447</guid>
<description>NewMark Merrill Cos., World Premier Investments and R.Y. Properties Inc. received entitlements to develop Desert Sky Plaza II, a 30-acre, 297K SF shopping center at the southeast corner of Roy Rogers Drive and Amargosa Road in Victorville. 
Desert Sky...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Fri, 27 Feb 2026 12:15:43 -0500</pubDate>
<content:encoded><![CDATA[NewMark Merrill Cos., World Premier Investments and R.Y. Properties Inc. received entitlements to develop Desert Sky Plaza II, a 30-acre, 297K SF shopping center at the southeast corner of Roy Rogers Drive and Amargosa Road in Victorville. 
Desert Sky Plaza II will be the second phase of the Home Depot-anchored Desert Sky Plaza.]]></content:encoded>
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<title>Sprouts Coming To Vacant Highland Park 99 Cents Only Store </title>
<link>https://www.bisnow.com/los-angeles/news/retail/sprouts-coming-to-vacant-highland-park-99-cents-only-store-133451</link>
<guid>https://www.bisnow.com/los-angeles/news/retail/sprouts-coming-to-vacant-highland-park-99-cents-only-store-133451</guid>
<description>A former 99 Cents Only Store in Los Angeles is set to give way to a new Sprouts grocery location. 
A representative for Phoenix-based Sprouts Farmers Market confirmed the company signed a lease for a new store at 6235 York Blvd. in Highland Park and...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Fri, 27 Feb 2026 15:46:44 -0500</pubDate>
<content:encoded><![CDATA[A former 99 Cents Only Store in Los Angeles is set to give way to a new Sprouts grocery location. 
A representative for Phoenix-based Sprouts Farmers Market confirmed the company signed a lease for a new store at 6235 York Blvd. in Highland Park and that the new store is scheduled to open in 2027. The representative didn't offer further details. 
A demolition notice has been posted in the window of the store. This 99 Cents Only location, along with all of the retailer's roughly 370 others, closed in 2024 following the chain's Chapter 11 bankruptcy.  
Permits filed with the Los Angeles Department of Building and...]]></content:encoded>
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<title>Rexford Industrial Realty Names New COO, Completes $41M In Sales</title>
<link>https://www.bisnow.com/los-angeles/news/industrial/rexford-industrial-realty-property-sales-133442</link>
<guid>https://www.bisnow.com/los-angeles/news/industrial/rexford-industrial-realty-property-sales-133442</guid>
<description>Rexford Industrial Realty is moving to sell off a handful of properties and has announced a new executive in a busy start to 2026. 
Rexford promoted John Nahas, its managing director of operations, to chief operating officer. Nahas came to Rexford...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Fri, 27 Feb 2026 13:23:59 -0500</pubDate>
<content:encoded><![CDATA[Rexford Industrial Realty is moving to sell off a handful of properties and has announced a new executive in a busy start to 2026. 
Rexford promoted John Nahas, its managing director of operations, to chief operating officer. Nahas came to Rexford in January 2023 from CenterCal Properties, where he was president. 
In his new role, Nahas will continue to oversee Rexford's operations and investment functions, including asset management, leasing and development, and construction, according to a release from Rexford.
The promotion is effective April 1, 2026, aligning with the previously announced promotion of current Chief Operating Officer Laura Clark to CEO of Rexford.
The company also announced Thursday that it...]]></content:encoded>
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