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Why this matters: Vacancy rates are on a year-over-year upward incline, while net absorption returns were positive this quarter. New projects were opened to the market but are not yet occupied. A few major tenants are boosting occupancy of dist...
A Southern California industrial portfolio just fetched a record sale price. Irvine-based Praelium Commercial Real Estate acquired a 17-building office, industrial and research and development portfolio in Goleta for $235 million, Commercial P...
Investors have become major buyers of housing lots in the neighborhoods hardest hit by the January 2025 California wildfires, accounting for roughly 40 percent of all lots sold in the most affected ZIP codes. An analysis of county records show...
Brookfield Properties has offloaded part of another shopping mall in California. The Toronto-based investment management firm sold The Shoppes at Carlsbad in a $71.5 million transaction, Commercial Observer reported. A joint venture between Lo...