Serving Los Angeles, Riverside, San Bernardino, & Ventura Counties
California
Over 75 years ago, CBRE took center stage in the greater Los Angeles region as the preeminent provider of end-to-end real estate services. Today, CBRE continues to lead the region with 1,100+ professionals collaborating without borders across our full-service offices. Our effective integration of all CBRE service lines empowers us to offer a one-stop solution for all your real estate needs.
Whether you are down the street or across the region, CBRE of Greater Los Angeles will deliver the market coverage you need and the full-platform vantage you deserve: a double-play commitment you won’t get anywhere else.
Discover the difference - make our industry expertise your competitive advantage.
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Press Releases
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CBRE announced the hire of John Prevas as a Vice President in the firm’s West Los Angeles office. Mr. Prevas is joining the Advisory practice and will be working alongside First Vice President, Marty Barkan, to provide comprehensive real estate solutions tailored to the unique needs of occupiers and property owners.
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Press Release
CBRE Announces Sale of 18-Unit Luxury Residential Building on Wilshire Boulevard’s “Golden Mile” for $28 Million
February 22, 2024
CBRE and Carolwood Estates brokered the sale of Utama Royale, a luxury, 18-unit multifamily building located at 10351Wilshire Blvd. between Beverly Hills and Westwood.
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Press Release
CBRE Arranges $2.85 Million Sale of Corwin Apartments in Riverside, California
February 1, 2024
CBRE has arranged the $2.85 million sale of the 19-unit Corwin Apartments
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Press Release
CBRE Arranges Sale of Nine Retail Locations Across California and in Florida
January 19, 2024
CBRE today announced the sale of nine individual Big Lots store locations to two buyers, Robhana Group and Reliable Properties. CBRE’s retail investment property sales team led by Alex Kozakov and Patrick Wade represented the seller, a large institutional investor in the transaction.
Research Reports
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Overview
Greater Los Angeles (GLA) vacancy decreased by 320 basis points, attributable to ongoing tenant consolidation and expansion; representing the third consecutive quarter of declining vacancy.
Average asking rates increased by $0.12 quarter-over-quarter.
Greater Los Angeles reported positive net absorption after six consecutive quarters of occupancy declines.
New leases in the South Bay drove absorption in Q4 2023.
The total availability rate slightly increased by only 3 basis points quarter-over-quarter, interrupting the decreasing trend observed over the previous three quarters.
Total sales volume increased by 92% quarter-over-quarter. There was over 1 million sq. ft. of MOB listed for sale on the market.
2000 Avenue of the Stars
Suite 800-N
Los Angeles
,
CA
90067
400 S Hope Street
25th Floor
Los Angeles
,
CA
90071
10350 Heritage Park Drive
Suite 100
Santa Fe Springs
,
CA
90670
2221 Rosecrans Avenue
Suite 100
El Segundo
,
CA
90245
5921 Owensmouth Avenue
Woodland Hills
,
CA
91367