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LA’s trophy office market softens despite flight to quality

The top-tier office market in Los Angeles is showing signs of strain, as rising vacancies and continued downsizing among major tenants paint a challenging picture for landlords. The Class A office vacancy rate in L.A. hit 23.6 percent in the first qu...

Rexford sells 102K sf industrial building in Lake Forest for $51M

Rexford Industrial Realty sold a 102,300-square-foot industrial building in Lake Forest for $50.9 million. The Sawtelle-based real estate investment trust traded the two-story building at 20 Icon, in Foothill Ranch, the Los Angeles Times reported, ci...

How Kingsbarn revived $105M Skims Hollywood HQ deal

All’s well that ends well in Hollywood. Kim Kardashian’s voguish shapewear startup Skims is mending the seams with its new Hollywood landlord, Kingsbarn Realty Capital, after the private equity firm brought a zombie deal back to life. Kingsbarn f...

SoCal home sales stall during economic uncertainty over tariffs, stock market

Home sales have flattened and bidding wars have become scarce across Southern California in the wake of national trade tariffs and a rocky stock market. Sales tallies show that 11,966 homes changed hands across the six-county region in February, 13 f...

Tariff uncertainty clouds LA wildfire rebuild efforts

Builders across Los Angeles County are grappling with rising costs and economic uncertainty as they work to rebuild tens of thousands of homes destroyed by wildfires. Trade policies instituted by President Donald Trump, especially new tariffs o...

Washington Prime to sell its share of 1.2M sf Westminster Mall

Washington Prime Group has put the remainder of its troubled Westminster Mall up for sale as it offloads its entire mall portfolio. The Ohio-based investor has listed its share of the 1.2-million-square-foot indoor mall at 1025 Westminster Mall, the ...