Leasing

The company purchased the two land sites from Schuck Communities and plans to develop a one-million-square-foot, built-to-suit distribution facility for a national home improvement retailer.

The average rental price in February was $3,791, a 3% decrease from January numbers and a decline of 13.5% year-over-year.

While a now-improving economy might suggest that the worst is behind us for missed rent payments, there's still some downside risk.

The developer breaks ground on two industrial facilities at Brown Field Technology Park in Otay Mesa.

JAMCO Group signs a 500,000-square-foot lease in a former Mattel facility owned by Majestic Realty.

Newmark represented the seller, Par Pacific Holdings in the transaction.

CBRE continues to expand its advisory and transaction services business through the appointments of Mike Maloney and Tim Morris.

Still, rent payments are lagging what they were a year ago.