Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.
LOS ANGELES—According to the latest Beacon Economics report, California will experience steady growth through 2019 with job growth settling at 2.5%, but rising housing costs are the state's biggest problem.
LOS ANGELES—Douglas Lawson joins the firm as technical director of industrial hygiene, where he will help the growing department identify health and safety risks in commercial buildings.
CHINO HILLS, CA—The investor and developer focuses on multifamily investments in infill suburban submarkets to tap young families rather than the millennial generation, GlobeSt.com reports in this <b>UPDATE</b> to a previous story.
SANTA MONICA, CA—The Regents of the University of California buys the 37,500-square-foot property from PCM for $20.2 million, earning PCM a potential book gain of $15 million.
LOS ANGELES—With massive success since relocating its headquarters to Gardena, the asphalt repair company is expanding with global franchises that cost $80,000 to $150,000.
CHINO HILLS, CA—The real estate investor purchases the 440-unit, 22-acre apartment complex from Invesco Real Estate with plans to invest an additional $9.2 million on upgrades and renovations.
TEJON RANCH, CA—Rockefeller Group partners with Tejon Ranch Co. to develop its first retail project, the Outlets at Tejon, which held its grand opening yesterday, GlobeSt.com reports in this <b>UPDATE</b> to a previous story.
BURBANK, CA—Legacy Partners Realty Fund I attracts nearly 10 institutional buyers with the sale of its 10-story, 150,000-square-foot building, eventually selling the asset to Granite Properties.