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This Week's LA Deal Sheet
News

This Week's LA Deal Sheet

PEOPLE Fidelity Bancorp Funding has appointed Charlie Woo as president of its private lending group, Fidelity Bridge Loans. As president, Woo will be responsible for expanding the company’s bridge lending division. Woo most recently served as vice ...

Jun 11, 2023
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This Week's LA Deal Sheet
News

This Week's LA Deal Sheet

PEOPLE Nevada-based Dermody Properties has hired Jason Lu as an investment manager based in the company’s Irvine office. Prior to working for Dermody, Lu was a capital markets analyst for JLL, where he was responsible for underwriting more than $1B in ...

Apr 30, 2023
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With Occupancy High, Industrial REITs Prepare For New Supply And The Vacancy That Comes With It
News

With Occupancy High, Industrial REITs Prepare For New Supply And The Vacancy That Comes With It

... warned of increasing vacancy rates as new supply delivers.  Prologis, for example, anticipates a demand slowdown as occupiers ... REITs, reflecting sustained high occupancy and stable rental rates. Prologis’ revenue was up 45% compared to the previous quarter, ...

Apr 27, 2023
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LA Metro Sues Prologis Over Contaminated Site Near Chinatown
News

LA Metro Sues Prologis Over Contaminated Site Near Chinatown

... Angeles County Metropolitan Transportation Authority, or Metro, is suing Prologis over a site at 203 East College St., not far ... that leased the site are also named.  Representatives for Prologis and Metro didn't immediately respond to requests for comment ...

Mar 09, 2023
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Prologis Considering Developing Studio Space In LA's Arts District
News

Prologis Considering Developing Studio Space In LA's Arts District

... to Urbanize LA. Relativity Architects is designing the project. Prologis confirmed its plans to Bisnow, adding that its application ... -touch facility." In its third-quarter earnings call, Prologis also said it would be transitioning away from speculative ...

Nov 28, 2022
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This Week's LA Deal Sheet
News

This Week's LA Deal Sheet

... represented GCT here as well. The building is owned by Prologis, which was represented by Schulz and his partners David Prior ...

Nov 13, 2022
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Rexford Industrial Has Grown Into A Major Player In A Tight Market
News

Rexford Industrial Has Grown Into A Major Player In A Tight Market

... country.  Rexford Industrial Realty has spent more than Blackstone, Brookfield, Prologis and Duke Realty combined in the greater LA area, CoStar ...

Apr 20, 2022
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Amazon Inks Biggest U.S. Lease — 4.1M SF — In Inland Empire
News

Amazon Inks Biggest U.S. Lease — 4.1M SF — In Inland Empire

... the development or the owner of the project, but Prologis is the only developer working on a project of that ... own properties, especially for bigger properties, Bisnow has reported. The Prologis project where Amazon reportedly signed on will create as much ...

Apr 14, 2022
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As Modern Warehouses' Energy Needs Grow, Owners And Developers Look To Solar
News

As Modern Warehouses' Energy Needs Grow, Owners And Developers Look To Solar

... recognizing that continuous growth in electrical consumption and electrification,” Prologis U.S. West Region President Kim Snyder told Bisnow.  ... it works to address current and anticipated energy needs. Prologis ranked third in U.S. corporate on-site solar ...

Mar 28, 2022
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Prologis Snaps Up Orange County Office Campus For $96M
News

Prologis Snaps Up Orange County Office Campus For $96M

... office properties in Orange County selling to industrial developers.  Prologis has purchased the Pacific Vista campus at 25500-25550 ... Cole said. On an earnings call late last year, Prologis executives described a frenzied market for warehouse and last-mile ...

Feb 04, 2022
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