Forest City and QIC scale back South Bay Galleria project amid neighborhood backlash
Forest City and QIC are trimming their expansion plan for the struggling 30-acre South Bay Galleria shopping mall in...
South Bay
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PM Realty and Platform Ventures shop 573K sf Torrance campus
A joint venture between PM Realty Group and Platform Ventures is looking to sell its 573,167-square-foot office campus in...
Logistics boom drives 12M sf of industrial leasing in Q1
For the Greater Los Angeles industrial market, it’s all a matter of logistics. The shift toward last-mile facilities by...
Best Buy signs lease at Clarion Partners’ Compton Brickyard project
Thanks to Best Buy, Clarion Partners has now fully leased its 58-acre project The Brickyard in Compton. The electronics...
Jodie Poirier on her CBRE promotion, “Baywatch” and the industrial market
Jodie Poirier is now the managing director of CBRE’s South Bay operations. She stepped into the role in February after...
CityView sells South Bay apartment for $75M
Investment and development firm CityView announced Tuesday that it sold its development Solimar, a luxury apartment complex in Wilmington, for $75 million, or $367,647 a unit. The buyer was a private investor, according to...
Did Carson jump the gun on asking rents?
The demand for Class B space — particularly creative offices — has been driving net occupancy rates in the South Bay market. The net absorption of Class B space has eclipsed Class A space...
Montana Avenue Capital Partners snags another South Bay office building for $17M
Santa Monica-based investment firm Montana Avenue Capital Partners has acquired a 122,734-square-foot office building in Torrance as part of...
Industrial rents keep rising in the South Bay: report
The South Bay is still the hottest industrial submarket in Los Angeles. This southwest region of L.A. County is...
Submarket Snapshot: Torrance
Some in the industry speculate that as the creative office wave spreads further into the South Bay, Torrance will be hit next. It could happen, but in the meantime, the 1.9 million-square-foot offie submarket...