Amazon is shifting away from its Amazon Fresh grocery stores and Amazon Go convenience stores as part of a strategy to focus on Whole Foods Market and same-day grocery delivery. The company confirmed it will close all Fresh and Go stores nationwide. Neither the small-store format of Amazon Go stores nor the 20,000- to 50,000-square-foot Amazon Fresh stores panned out for the e-commerce giant.
Phillips Edison & Company purchased The Village at Indian Wells retail center from MIG Real Estate for $30.5 million, or about $291 per square foot. The 104,589-square-foot shopping center is at 74895-74995 US Highway 111 in Indian Wells, California.
California enacted a law this month requiring rental homes to have working stoves and refrigerators, a move that could make them more competitive with major apartment property owners in the search for tenants.
The way hotel loans are performing in California is in transition, shaped by uneven operating recovery, rising debt costs and a growing bifurcation between stabilized properties and those still navigating long-term, built-in challenges.
DCL Logistics has purchased a newly constructed 165,307-square-foot industrial building in Perris, California, from Seefried Industrial Properties for $32.2 million, or about $195 per square foot.
An industrial joint venture of Tishman Speyer and Mitsui Fudosan America has completed construction of two buildings with a combined 379,168 square feet of industrial space in Irvine, California, across a highway interchange from the popular Irvine Spectrum retail center.
California hotel transaction activity in 2025 reflected a highly uneven recovery, with sharp gains in select cities offset by pullbacks across several traditionally active regions. Sales data show that capital is increasingly concentrated in a narrower set of locations, while overall deal activity remains dominated by smaller transactions and private buyers.
California’s hotel development pipeline is ramping up, with new construction increasingly concentrated in a handful of growth corridors rather than spread evenly across the state.
California-based LMG Investments purchased the Victorville Pavilion Shops, an 11,618-square-foot retail center in Victorville, California, for $6.1 million from SVN | Rich Investment Real Estate Partners and Hijmans Trust.
Hotel performance across the western U.S. is increasingly shaped by the interplay between event-driven demand boosts and supply-driven performance headwinds.
Retail landlord Brixmor Property Group has bought two grocery-anchored shopping centers for $190.7 million, adding to its clusters of properties in California and Colorado.
California hotel performance is expected to diverge more sharply by region in 2026, with revenue per available room, or RevPAR, outcomes increasingly shaped by supply growth and pricing power rather than pure demand recovery.
The founder behind Japanese rice snack chain Onigilly is preparing a retail rollout that aims to turn the once-niche food ubiquitous in Japan into a fixture in Southern California's shopping centers as small food spaces become more common in U.S. malls.
Orange County’s industrial sector is navigating a challenging landscape as new supply is completed amid a period of contracting demand. Deliveries are projected to reach nearly 2 million square feet in 2025, approaching the 20-year high of 2.5 million square feet in 2023. With 80% of the space completed in 2025 or under construction available for lease, owners are offering concessions and cutting rents to attract tenants.
The Los Angeles industrial market appears to be reaching a more balanced state heading into the close of 2025. Several key performance indicators are no longer deteriorating. Availability may have reached a peak, and net absorption for the year landed near zero, a stark contrast to the more than 30 million square feet of givebacks recorded from 2023 to 2024.
This week's column examines a wave of CMBS hotel deals, a downgrade for bonds backed by California office buildings leased to Apple, and affordable housing driving a $173 million Freddie Mac transaction. Read the entire piece by clicking "read more" below.
Entertainment and fitness operators dominated the largest retail leases completed in the Inland Empire in 2025. For example, the city of Moreno Valley leased approximately 75,000 square feet of a former Sears building at Moreno Valley Mall Town Circle on a 10-year term and is partnering with Lighthouse Immersive Studios to develop a museum in the space. And SkyZone, an expanding trampoline park operator, took almost 50,000 square feet in the property.
A professional office building in the upscale retirement haven of Indian Wells, California, has traded hands. Commercial real estate investment and management firm Circle Vision, based in Tustin, California, bought the Indian Wells Medical & Professional Center in a 1031 exchange for $10.525 million, or $258 per square foot, from Kresher Capital.