|
Learn more about transit-oriented development from the experts at our Bisnow Multifamily Annual Conference SoCal on July 18 in Los Angeles. |
|
An industrial building in Costa Mesa's designated marijuana business district has sold for $2.5M. An undisclosed buyer purchased the 7,718 SF industrial building at 3505 Cadillac Ave. Unit F-5 in the Cambridge Business Park from a private seller, according to Coldwell Banker Commercial Advisors' Michael Dorsey and Stephen Madigan. Dorsey and Madigan represented both seller and buyer. 
Upon completion of the sale, the new owner secured a seven-year lease with a medical cannabis company, Dorsey said in a news release. “As an unlisted property, initially the challenge was finding an investor who understood the cannabis leasing market…
|
|
|
 |
|
LA's Transit Oriented Communities Program Will Benefit Developers And Community, Experts SayBefore Captiva Ventures Managing Partner Brian Abers moved to Los Angeles eight years ago from Florida, he had already bought a car. Knowing how car-centric Los Angeles was, Abers' first priority — before even finding housing — was a car to get around the vast area. If he were to move here now, he would do things differently. “If I were moving here today for the first time, that would not be the case,” Abers said. “I would first look at where I'm going to live then where I'm going to work before making a determination on buying a car.” 
Abers' reversal in opinion signifies the growing change in attitude among Los Angeles residents seeking to get out from behind the wheels of their cars as well as investors and developers who are catering to a new generation of residents.…
|
|
|
|
|
|
|
|||||||||||||||||
|
California Super-Commuters Are Transforming Sleepy Suburbs Into Busy Metros
When Michele Nissen first moved from Los Angeles to Eastvale, a city in Riverside County that borders Orange and Los Angeles counties, she remembers her car running out of gas twice because there wasn't a gas station in what was then an unincorporated part of the county. 
In the morning, she would wake up to the clanking of cows at the feed gate. “There were cows everywhere,” said Nissen, who moved to the area from Palos Verdes in the early 2000s. “There were thousands of cows. They…
|
|
|
|||||||||||||
|
Office Tenants Are Snatching Up Lab Space In Tight U.S. MarketsDevelopers in the largest U.S. life sciences markets are increasingly leasing pricey speculative lab and lap-capable projects to office users in pursuit of the same brain power as would-be lab tenants. |
 |
|
 |
Eurovision Song Contest: The Sweet Sound Of Real EstateThe Eurovision Song Contest isn't just about cheesy songs and glitter-ball campery. As serious commentators have long recognized, it is about international politics and the projection of soft power. Yet the annual 40-nation event also tells an intriguing story about today's European real estate. Following the grand finale in Lisbon, Portugal — available on YouTube and via local broadcasters — here is Bisnow's sing-a-long guide to the property stories behind the melodies. They include booming investment markets, sanctions causing capital flows to plummet and the center of the property blockchain universe. |
|
