04Oct

The ±79,279 SF M1 zoned Fenced Yard at 5059 E State St is now on the market For Lease!

• Fenced Yard

• Paved yard possible for increased lease rate

• Services Available (Water & Power)

• Minutes Away From 10, 60, & 71 Freeways

03Oct

The 4,524 square foot property at 1249 E. Holt Ave in Pomona, CA is now on the market For Lease!

• Great Visibility

• Large Fenced and Paved Yard

• High Traffic Area

• City Gateway Segment

• Bonus Storage Downstairs (not included in SF)

29Sep

The 1.22 Acre Industrial Land Site on West Holt in Pomona is on the market For Lease.

AVAILABLE: 1.22 AC - (53,143 SF) Industrial Land

ZONING: Urban Neighborhood

• Truck Parking or Ourdoor Storage possible

• Cannabis Overlay Zone

• Excellent Access To The 71, 57 And 10 Freeways

28Sep

The former Bank of America building at 208 Main St, Seal Beach, CA is in escrow.

Prime Commercial Property For Sale

• High Traffic Location on Main Street, Seal Beach

• Prior Bank - Ideal for Retail & Various Uses


Property Highlights

• 208 Main Street, Seal Beach, CA

• Double Wide Lot

• Highly Visible Building

• Heavy Foot Traffic

• Spacious Interior Layout


Building Features

• Large, Open Space

• High Ceilings

• Storage Area


Amenities - Unlock the Potential of this Thriving Area!

• Main Street Retail District

• Close to the Beach

• Multiple Dining Options Nearby

• Public Transportation

14Sep

The ±4.37 industrial site is now on the market for sale or lease, multifamily and industrial warehouse possible.

±4.37 Acres of Land

Lease Rate $0.25 gross

Truck Parking & Outdoor Storage Possible

Mixture of Zoning by Parcel (Majority of M1)

MidTown Segment (2 Parcels) and SB 330 (1 Parcel)

70 Units Per Acre (306 Total) Low Income Housing Possible

23Aug

The property at 1739 West 9th Street in Upland, California was leased by Ron Mgrublian of Lee & Associates.

Leased: ±25,550 SF (±0.59 Acres) of Land

• Truck Parking Possible

• Fenced Yard with Aggregate

• Water/Power Possible

• Close to 10 and 210 Freeways

15Aug

The ±10,208 Industrial Building Recently sold in the Highly Sought-After Long Beach Business Park

Listed for Sale by Ron Mgrublian and Jeff Coburn, the ±10,208 SF Long Beach Warehouse property recently sold. 

The Long Beach Industrial Submarket vacancy rates remain 41% below those of the Los Angeles Industrial Market, CoStar has the average Long Beach Market Sale Price at $367 PSF.

Ron Mgrublian is a Commercial Real Estate Broker focusing on Industrial Real Estate and Warehouse Properties with the Lee & Associates Los Angeles – Long Beach, Southern California office.

14Aug

The ±111,078 SF Fenced and Paved site in the middle of the San Gabriel Valley & Inland Empire-West markets just leased!

The unique ±2.55-acre site in Unincorporated San Bernardino County between Pomona, Chino and Ontario, CA leased to a local truck body and van equipment company.

According to CoStar there is little industrial land available in the submarket, leading to less activity in this area than the larger markets to the East.

Ron Mgrublian is a Commercial Real Estate Broker focusing on Industrial Real Estate and Warehouse Properties with Lee & Associates in the Southern California area.

31Jul

The Commericial Real Estate Services Company Economic Report for the 2nd Quarter of 2023.

Slowing Inflation and a Growing Economy is a positive sign for Q2-2023.

20Jul

The 2023, 2nd Quarter Industrial Real Estate Market report for the San Gabriel Valley, submarket of the LA Industrial Market.

The San Gabriel Valley Industrial Market remains robust.

19Jul

The Orange County Industrial Real Esate Market Report for the 2nd Quarter of 2023.

Some easing of demand in the 2nd quarter of 2023, see below for more.

18Jul

The 2nd Quarter 2023 Los Angeles - Long Beach Industrial Real Esate Market Report

Every key metric typically used to measure the health of the economy is performing well right now. GDP grew by 2.0% in Q1, and it is estimated to grow by 2.3% in Q2 by the Atlanta Fed . In terms of employment, over the last year the U.S. added 3.8 million jobs and now has an unemployment rate of 3.6%. With regard to inflation, both headline and core inflation are
trending downward. The Consumer Price Index (CPI) rose by 3% year-over-year in June and 0.2% for the month, below consensus estimates of 3.1% and 0.3%. This was the lowest rate of inflation since March 2021. And core inflation, which excludes food and energy prices, rose by 4.8% year-over-year and 0.2% for the month. The annual core inflation level was
the lowest since October 2021, and its monthly gain was the smallest gain since August 2021.

Most economists, forecasters, and business leaders are anticipating that the Fed will continue to raise rates throughout the year until it reaches its target inflation rate. For this reason, most forecasters still believe a mild and shallow recession is likely within the next twelve months. However, a significant minority are anticipating that the US economy will avoid a recession altogether. For example, in its latest forecast, the National Association of Realtors has the economy growing slowly every quarter throughout 2023 and projects the economy to grow by 1.1% for the whole year. 

Regardless of one’s stance on this issue, it is indisputable that the industrial market is in a favorable position to weather most headwinds the economy might face. Total retail sales grew by 1.6% in May 2023 compared to the same period a year ago , and as a percentage of total sales, e-commerce retail sales (one of the key drivers of the industrial sector) now stand at 15.1% – 3.9 percentage points higher than where it stood at its peak prior to the pandemic in Q4 of 2019. With this said, available space continues to increase and there has been a growing sentiment regarding a shift in negotiating power from Landlords to Tenants