1049-1057 Foothill Boulevard, La Canada Flintridge, CA 91011. Mike Maniscalchi, SIOR and Tony Maniscalchi, SIOR represented the seller in the sale of this 4,800 SF commercial/retail building on 12,922 SF of land. For more information, contact Mike, x135 or Tony, x126 at (818) 956-7001.
The Glendale City Clerk’s office rejected the petition circulated by a tenants union. Full story
The Fed voted unanimously to keep the rate at a target between 1.75% and 2%.
According to the Beacon Employment Report, the latest numbers from the California Employment Development Department show the state adding 52,700 jobs in December.
Nearly two-thirds of metros will end the year with vacancy rates below their historical averages. In these areas, demand continues to outpace supply, which allows rents to keep rising. Full Story
The Federal Reserve left interest rates unchanged and conveyed a tad more concern about recent inflation trends, clouding the prospects for when the next rate hike might come. Full Story