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FAQ: What You Need to Know About California's Costa-Hawkins Law Limiting Rent Control
By: Karen Jordan and Jacquelyn Ryan"The rent is too damn high." The sentiment may have been made famous by New York mayoral candidate Jimmy McMillan, but it’s been adopted far and wide by renter activists and those worried about affordable housing...

Temecula Oaks Bldg Sold for $5.8M
KPN Industrial LLC sold the Temecula Oaks office building at 28765 Single Oak Dr. in Temecula, CA to Temecula Oaks Business LLC for $5.8 million, or about $174 per square foot. The two-story, 33,306-square-foot property was built in 1971 on 2.6 acres...

The Inland Empire Remains an Office Development Desert
Pictured: The Rincon, located in Chino Hills, CA. Credit: CBRE It is difficult to forget the dire conditions Inland Empire (IE) office owners faced during the Great Recession. More than 18 million square feet of office product delivered from the first...

Rexford Industrial Realty Sells Two Properties for $9.1M
Rexford Industrial Realty, Inc. recently sold two industrial facilities at 1910 and 1920 S. Archibald Ave. in Ontario, CA to Triple J Ontario Archibald LLC for $9.05 million, or about $116 per square foot. The two properties, totaling 78,243 square...

Newcastle Partners Sells Fully Occupied Industrial Building
TA Realty has purchased the Harley Knox Logistics Center building at17618 Harvill Ave. in Perris, CA for $16.35 million, or about $111 per square foot, from Newcastle Partners, Inc. The 147,354-square-foot warehouse was completed in 2017 on 8.2 acres...

New Football League Adds to Intrigue Over San Diego Stadium Development
The new Alliance of American Football will play its San Diego games at SDCCU Stadium, formerly Qualcomm Stadium, on a site where multiple development issues remain to be decided.Photo Credit: Twenty20 /mark619. San Diego still has much to sort out when...

Investors Sell Fontana Industrial for $9.6M
Drinker Biddle & Reath LLP acquired the industrial building at 11850 Industry Ave. in Fontana, CA for $9.6 million, or about $784 per square foot, from a private trust. The single-story, 12,240-square-foot truck terminal building delivered in 1988...

Oxygen Hospitality Group to Redevelop The Ivy Palm Resort & Spa in Palm Springs
The Ivy Palm Resort & Spa will be remodeled into the first of many Oxygen Hospitality Hotels. A private investor acquired the 100-room hospitality building and adjacent restaurant at 1960-2000 N. Palm Canyon Dr. in Palm Springs, CA from a local owner...

For Industrial, There's Only One Way Left to Build: Up
Infographic by Jones Lang LaSalle Inc. Industrial buildings are getting taller. A lot taller. Over the last 60 years, industrial buildings in California's Orange County have grown nearly 50 percent taller, to an average clear height of 31.4 feet...

Orange County Grows its Row of Restaurant HQs
Among several major restaurant companies based in Orange County is Taco Bell Corp., headquartered in this Irvine building. Los Angeles has its Hollywood movie and TV mecca, and San Diego has its concentrations of craft brewpubs and biotech companies...

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