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Month: January 2025

Virco Manufacturing re-ups lease for 560K sf headquarters in Torrance

Virco Manufacturing has re-upped the lease for a 559,000-square-foot headquarters and industrial building in Torrance. The maker of school furniture and equipment renewed its lease for the one-story building at 2027 Harpers Way, the ...

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  • 02 Jan
  • The Real Deal
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Forecast: Mortgage rates to hover between 6.15% and 7.55% in 2025

Drum roll: mortgage rates could either dip or tick up slightly next year. Home loan pricing will likely run between 6.15 percent and 7.55 percent, according to a forecast by the Orange County Register, based on 52 years worth of ...

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  • 02 Jan
  • The Real Deal
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Lee & Associates opens property management unit in Pasadena

Lee & Associates has opened a property management division at its Pasadena office. The broker-owned firm based in Westlake Village launched the management subsidiary to help buyers and alleviate landlord stress in Los Angeles, ...

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  • 02 Jan
  • The Real Deal
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Third Street Promenade sale leads pack in LA’s biggest retail deals

Los Angeles retail followed two parallel stories in 2024: one of distress and another of success. A look at L.A. County’s largest investment deals underscores that storyline as markets with strength, such as Beverly Hills, commanded ...

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  • 02 Jan
  • The Real Deal
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Why these retail players are betting on malls for LA millennials with money

The Runyon Group retail mix is very if you know, you know. They do deals with brands like Go Get Em Tiger, a coffee place that sells $7 almond macadamia lattes, accessories maker Janessa Leone for $337 wool fedoras and Brooklyn-based ...

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  • 02 Jan
  • The Real Deal
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Related California’s Bill Witte has built more housing in California than almost anyone else. How?

Bill Witte is patient, not one to celebrate early. He brushes aside the suggestion that his company’s $3 billion mixed-use development project — Related Bristol, recently approved by the city of Santa Ana in Orange Country — will be ...

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  • 02 Jan
  • The Real Deal
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The Reuben Brothers’ self-described“black sheep” steps up

In the airy bar of the Fairmont Century Plaza hotel, David Reuben Jr. seemed uncomfortable.  By all accounts, he should not have been. A snapshot of the scene would have fit nicely in his Instagram grid: the 44-year-old scion of the ...

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  • 02 Jan
  • The Real Deal
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  • Recent Posts

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    • Train track-equipped LA mansion hits market at $20M June 13, 2025
    • Frito-Lay ends manufacturing at famed Rancho Cucamonga plant after 55 years June 13, 2025
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