Blog

Representing the Seller on the sale of 15343 Illinois Ave in Paramount, California, Ron Mgrublian was able to successfully find the Upleg portion of the 1031 Exchange for his client.  The property at 2094 E. Foothill Blvd in Pasadena, CA was identified with the assistance of Patrick Reddy of the Lee & Associates LA North office.  For more information contact Ron Mgrublian.

Already low vacancy rates shrunk to 1.1% as lease rates and sales prices continue their ascent. An unprecedented 20% growth in rent rates was experienced in Q2 of 2021 and average sale prices increase by 37%!  Click the below link for the full report.

The Orange County Industrial Market continued its blistering pace with sale prices and lease rates continuing to climb.  One of the larger deals included a sale price point above $400 Per Square Foot (PSF), Click Download File below for more.

As you may already know, the 1031 exchange has recently come under attack.  The proposed elimination of like-kind exchanges could have drastic implications for commercial real estate.  Take action now by clicking below and expressing your concern to your local member of Congress and two Senators from your state.  Click here to compose and send your message.

The 1st Quarter of 2021 showed continued strength in the Industrial segment of Orange County Commercial Real Estate.  As the report shows, low inventory and strong demand led to another quarter of new highs in sale prices and lease rates.  Click here for full report.

The shortage of warehouse and industrial space available for lease and sale persisted in the 1st quarter of 2021.  The continued rise of e-commerce has led to demand for industrial space to outstrip supply. Additionally, low interest rates have led to the average sale price to increase by... CLICK BELOW FOR FULL REPORT

The San Gabriel Valley saw impressive gains in leasing and sales activity in the 1st quarter of 2021 in the Industrial Commercial Real Estate segment.  The top lease was a 572,240 SF transaction in El Monte and top sale a $33M deal in Pasadena.  Click below for full report.

Click the link here to learn more and to take action before May 7th to oppose these new proposed taxes and regulations on Southern California warehouses by the South Coast Air Quality Management District (SCAQMD).

Lee and Associates piece explaining how the pandemic increased the divergence in commercial real estate.  Industrial real estate continues to thrive while retail and office segments struggle. 

While the Office and Retail sectors struggled in Commercial Real Estate, Industrial thrived.  Inventory decreased and e-commerce continues to drive the hot Industrial and Warehouse segments.

Amazon executives say company's warehouse building expansion is not over:  Click here for story

An impressive comeback was led by the 3PLs, retailers, fast-food and automotive in the 4th Quarter of 2020 in the San Gabriel Valley Industrial Real Estate Market.  Click below for full report