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Ross Stores Signs Distribution Center Lease to Support Expansion
Ross Stores Inc. is leasing this building at 4100 Express Ave. at Wonderful Industrial Park in Shafter, California. Fast-growing discount retailer Ross Stores Inc. has signed a lease for 1 million square feet of industrial space in Southern California...

Fast Food Chain Curry Up Now Outlines National Expansion Plans
Curry Up Now, which bills itself as the fastest-growing Indian fast-casual chain in the country, is revving up its U.S. expansion, making its first foray into the Northeast with its planned opening of restaurants in New Jersey. The San Francisco-based...

Hollywood Gets a Facelift
The Hollywood Center mixed-use project could further transform the city's skyline.Rendering courtesy of Handel Architects. Hollywood has been undergoing a metamorphosis. From a host of new hotels popping up on the Sunset Strip to multifamily developments...

Ivanhoe Cambridge Invests in Hot Inland Empire Logistics Market
Colony Commerce Center in Ontario, California, will include 11 industrial buildings ranging from 600,000 to 1 million square feet.Image courtesy of Ivanhoe Cambridge. Developer Ivanhoe Cambridge is pushing into one of the nation’s strongest warehouse...

Industrial Construction in Southern California’s Inland Empire Turns Speculative
The 344,249-square-foot Building 1 (pictured) within the Tri City Industrial Complex in San Bernardino, California. Building 1 is set to deliver by this September, according to CoStar data. Image credit: Cushman & Wakefield. Since the beginning of the...

Beebower Joins Stepp Commercial as EVP
BEEBOWERMultifamily brokerage firm Stepp Commercial has hired Darin Beebower as an executive vice president. Based in the firm's Santa Monica, CA office, Beebower will be responsible for expanding the firm’s market share in key Los Angeles submarkets...

San Diego, Orange Counties Join Statewide Drop in First-Half Hotel Deals
One of the big San Diego hotel deals of the first half involved the 169-room La Quinta property in Mission Valley, purchased for $19.5 million by Kamla Hotels. On the heels of a record year of hotel sales, Southern California’s San Diego and Orange counties...

A New Crop for the Central Valley
Historically a hotbed of agriculture, the central California city of Mendota calls itself the "Cantaloupe Center of the World." But Canna-Hub, a real estate development and property management firm for the cannabis industry, is aiming to introduce a...

Converted Aerospace Facilities in El Segundo Continue Attracting Investment
A former Raytheon research facility turned creative office campus in Los Angeles’ South Bay has sold for $39 million in another sign that the area is an attractive alternative to Westside neighborhoods that carry the Silicon Beach moniker. Downtown...

Net-Leased Investment Deal Brews in Rialto
JVC Investments LLC purchased the newly-constructed retail storefront at 1877 N. Riverside Ave. in Rialto, CA for almost $2.9 million, or about $1,693 per square foot, from Fountainhead Development. The 1,710-square-foot, freestanding asset is fully...

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