The Los Angeles office leasing market is currently heavily skewed in favor of tenants, as the region grapples with record-high vacancy rates.  At the start of 2025, countywide office vacancy hit 24.2 percent, according to the Los Angeles Times citing data from brokerage CBRE. Factoring in “shadow space” — leased

Multiple malls in Orange County are getting new lives with their empty retail spaces being replaced with housing and entertainment.  MainPlace Mall in Santa Ana exemplifies this shift, evolving into a mixed-use destination where people can live, shop and dine, according to a report from TV station NBC 4 Los

Lionext, a third-party logistics provider, has signed a 10-year lease for a 106,000-square-foot distribution center at 11650 Burke Street in Santa Fe Springs. The lease, with a total value of more than $22 million, covers a Class A industrial building with 7,000 square feet of office space, 32-foot clear height,

The Four Seasons Private Residences in Beverly Grove offers residents an IMAX theater for private screenings, 24-hour concierge, security and, of course, life in a property bearing one of the most storied brands in hospitality. As The Agency pumps its fists in the air after having sold out the 59-unit

Singer-songwriter Patti Smith offered a view into New York City’s always-evolving world of real estate when celebrity agent Carl Gambino was growing up. “I would sit on her [townhome’s] stoop, and she would sometimes talk about real estate and how cheap it used to be in the Village or in

Onni Group is moving forward with a residential-focused mixed-use development in the Arts District on the edge of Downtown Los Angeles.  The Vancouver-based developer submitted a new application to the City of Los Angeles, according to Urbanize Los Angeles. The plans outline two high-rise buildings at 2143 East Violet Street

Community Preservation Partners has acquired the Witmer Manor workforce housing complex in Los Angeles for $48.4 million. The complex at 1501 Miramar Street in the Westlake neighborhood consists of 142 studios and 96 one-bedroom units, according to a press release from CPP. The company plans to invest about $64,000 per

Commercial Brokers International is spearheading a venture to put air taxis in Southern California in time for the 2028 Summer Olympics. The Los Angeles-based brokerage has partnered with U.K.-based Skyports to identify eight local sites for vertiports — specialized terminals for electric vertical takeoff and landing aircraft, according to CoStar

A retired federal judge who oversaw a $1 billion settlement for some of the state’s largest wildfires has joined a lawsuit against the nation’s largest public utility providing water and power after losing his home in the Pacific Palisades. Jay Gandhi, who served as a mediator between cities and Pacific

A specter is haunting California — the specter of CEQA. The 1970 statute known as the California Environmental Quality Act could get a major reform if lawmakers in Sacramento pass a bill exempting urban housing development from onerous impact studies weighing the risk of traffic, noise and pollution. The bill,