{"id":506637,"date":"2026-10-24T14:54:11","date_gmt":"2026-10-24T14:54:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/506637\/"},"modified":"2026-10-24T14:54:11","modified_gmt":"2026-10-24T14:54:11","slug":"retail-market-tightens-l-a-multifamily-sales-jump-and-more","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/506637\/","title":{"rendered":"Retail market tightens, L.A. multifamily sales jump, and more"},"content":{"rendered":"<p>Here&#8217;s what we&#8217;re reading this week:<\/p>\n<p class=\"image-and-caption\">\n<a class=\"fancybox\" href=\"https:\/\/la.urbanize.city\/sites\/default\/files\/styles\/1140w\/public\/2025-10\/Endeavor%20by%20Hunter%20Kerhart%2002_0.jpg?itok=zQ8O5igj\" rel=\"article-image-set nofollow noopener\" title=\"Hunter Kerhart Architectural Photography\" target=\"_blank\"><img decoding=\"async\" alt=\"\" class=\"image-950w article-inline-image\" src=\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/10\/Endeavor by Hunter Kerhart 02_0.jpg\" width=\"950\"\/><\/a><br \/>\nAerial view looking northwestHunter Kerhart Architectural Photography<\/p>\n<p><a href=\"https:\/\/laist.com\/news\/arts-and-entertainment\/california-science-center-announces-early-reservations-to-see-space-shuttle-endeavour?fbclid=IwY2xjawVITMBleHRuA2FlbQIxMQBwZG9mAXNydGMGYXBwX2lkEDIyMjAzOTE3ODgyMDA4OTIAAR57WKizhIbpIkYAr0qnQ7P0expf8C0C38-0UkrN2RLU9pJEM2HzJSrr9JfsQw_aem_wuFs_EnpCTwdy5Jik4JZEQ\" rel=\"nofollow noopener\" target=\"_blank\">California Science Center opens public reservations to see space shuttle Endeavour<\/a> (LAist)<\/p>\n<p><a href=\"https:\/\/commercialobserver.com\/2026\/10\/california-retail-q3\/?fbclid=IwY2xjawVITMxleHRuA2FlbQIxMQBwZG9mAXNydGMGYXBwX2lkEDIyMjAzOTE3ODgyMDA4OTIAAR4CZjmk6J_Va6f8eCFR3zkceoKSpVpty6XcppXEI_aTIur8ui_UVolPt_tSeg_aem_8qtYsUXgFv9l6NW9M28hyw\" rel=\"nofollow noopener\" target=\"_blank\">Southern California Retail Markets Tighten as Tenant Demand Picks Up <\/a>&#8220;Orange County vacancy reached a five-year low in the third quarter, per Colliers&#8221; (Commercial Observer)<\/p>\n<p><a href=\"https:\/\/www.futureis.la\/p\/we-cant-save-hollywood-without-saving?fbclid=IwY2xjawVITNJleHRuA2FlbQIxMQBwZG9mAXNydGMGYXBwX2lkEDIyMjAzOTE3ODgyMDA4OTIAAR7TGyH21sRx2dTAZXXcRnAWzmA3MwEJWfVS7uFa4IXPndXxkFK5uNqr9ZnQnw_aem_upyXXwAaEBm4-ndLqKyesQ\" rel=\"nofollow noopener\" target=\"_blank\">We can\u2019t save Hollywood without saving the broke waitresses<\/a> &#8220;How LA\u2019s housing crisis is making our filming crisis worse&#8221; (The Future is LA)<\/p>\n<p class=\"image-and-caption\">\n<a class=\"fancybox\" href=\"https:\/\/la.urbanize.city\/sites\/default\/files\/styles\/1140w\/public\/2024-05\/lax%20apm%2001%20Guideway-Century-Night.jpg?itok=GM-yXUlX\" rel=\"article-image-set nofollow noopener\" title=\"LAWA\" target=\"_blank\"><img decoding=\"async\" alt=\"\" class=\"image-950w article-inline-image\" src=\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/10\/lax apm 01 Guideway-Century-Night.jpg\" width=\"950\"\/><\/a><br \/>\n&#8220;A rendering of the Automated People Mover train as it passes over Century Boulevard.&#8221;LAWA<\/p>\n<p><a href=\"https:\/\/www.latimes.com\/california\/story\/2026-10-19\/l-a-s-next-mayor-will-face-transit-challenges-troubled-lax-people-mover-is-exhibit?fbclid=IwY2xjawVITNhleHRuA2FlbQIxMABwZG9mAWJyaWQRMWNFUmtmakZBcjZqTjI4VUJzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEeOkQOGRD7hdRG_qNJCIOUcNt4WlEEuli8vh3mA_YczuCkyh3FRnDegqDa7yE_aem_pip4U3qGx7NWJYPcdnA9DA\" rel=\"nofollow noopener\" target=\"_blank\">L.A.\u2019s next mayor will face transit challenges. Troubled LAX people mover is Exhibit A<\/a> &#8220;The Skylink people mover train is just one of many transit challenges Los Angeles\u2019 next leader will face, as voter-approved street improvements and road safety initiatives lag. It has become one of the more contentious battlegrounds between the two candidates.&#8221; (LA Times)<\/p>\n<p><a href=\"https:\/\/commercialobserver.com\/2026\/10\/la-multifamily-investment-rent-q3\/\" rel=\"nofollow noopener\" target=\"_blank\">L.A. Multifamily Sales Jump 44%<\/a> &#8220;Investment volume for larger properties hit $3.3 billion on the year, but average rent won\u2019t budge&#8221; (Commercial Observer)<\/p>\n<p><a href=\"https:\/\/la.streetsblog.org\/2026\/10\/20\/metro-average-weekday-ridership-exceeded-one-million-in-september\" rel=\"nofollow noopener\" target=\"_blank\">Metro Average Weekday Ridership Exceeded One Million In September<\/a> &#8220;Metro D Line ridership nearly doubled from September 2025 to September 2026. Overall Metro system ridership is up 4%, with rail up 12% and bus up 1.4%.&#8221; (Streetsblog LA)<\/p>\n<p class=\"image-and-caption\">\n<a class=\"fancybox\" href=\"https:\/\/la.urbanize.city\/sites\/default\/files\/styles\/1140w\/public\/2026-05\/072_20260508_W72_8831.jpg?itok=8XHJaoXa\" rel=\"article-image-set nofollow noopener\" title=\"Gary Leonard\" target=\"_blank\"><img decoding=\"async\" alt=\"\" class=\"image-950w article-inline-image\" src=\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/10\/072_20260508_W72_8831.jpg\" width=\"950\"\/><\/a><br \/>\nBusy platform at Wilshire\/Fairfax StationGary Leonard<\/p>\n<p><a href=\"https:\/\/beverlypress.com\/2026\/10\/beverly-hills-moves-to-rescind-sb-79-alternative-plan\/\" rel=\"nofollow noopener\" target=\"_blank\">Beverly Hills moves to rescind SB 79 alternative plan<\/a> &#8220;City staff said the California Department of Housing and Community Development reversed its interpretation of key provisions of the law, undermining the local-control benefits the alternative plan was intended to provide.&#8221; (Beverly Press)<\/p>\n<p><a href=\"https:\/\/www.dailybreeze.com\/2026\/10\/21\/proposed-bike-trail-would-connect-the-torrance-transit-center-to-downtown\/\" rel=\"nofollow noopener\" target=\"_blank\">Proposed bike trail would connect the Torrance Transit Center to downtown<\/a> &#8220;The proposed route would begin at the Torrance Transit Center, cross Crenshaw Boulevard and proceed eastward along Dominguez Street. It would continue south as Dominguez becomes Sartori Avenue until it reaches Torrance Boulevard in downtown Torrance.&#8221; (Daily Breeze)<\/p>\n<p><a href=\"https:\/\/laist.com\/news\/transportation\/west-hollywood-fountain-avenue-bike-lanes-vote\" rel=\"nofollow noopener\" target=\"_blank\">Fountain Avenue bike lanes will go forward after tense West Hollywood City Council vote<\/a> &#8220;The West Hollywood City Council has rejected an effort that could have delayed plans to add protected bike lanes to Fountain Avenue.&#8221; (LAist)<\/p>\n<p class=\"image-and-caption\">\n<a class=\"fancybox\" href=\"https:\/\/la.urbanize.city\/sites\/default\/files\/styles\/1140w\/public\/2025-08\/Fountain%20Avenue%20Streetscape%20Project.jpg?itok=gdCDToHP\" rel=\"article-image-set nofollow noopener\" title=\"City of West Hollywood\" target=\"_blank\"><img decoding=\"async\" alt=\"\" class=\"image-950w article-inline-image\" src=\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/10\/1792853651_379_Fountain Avenue Streetscape Project.jpg\" width=\"950\"\/><\/a><br \/>\nRendering of proposed improvements to Fountain AvenueCity of West Hollywood<\/p>\n<p>Follow us on social media:\u00a0<\/p>\n<p><a href=\"https:\/\/twitter.com\/UrbanizeLA\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>\u00a0\/\u00a0<a href=\"https:\/\/www.facebook.com\/urbanizela\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a> \/ <a href=\"https:\/\/www.linkedin.com\/showcase\/urbanize-la\" rel=\"nofollow noopener\" target=\"_blank\">LinkedIn<\/a> \/ <a href=\"https:\/\/www.threads.net\/@urbanizela\" rel=\"nofollow noopener\" target=\"_blank\">Threads<\/a> \/<a href=\"https:\/\/www.instagram.com\/urbanizela\/\" rel=\"nofollow noopener\" target=\"_blank\"> Instagram<\/a> \/<a href=\"https:\/\/bsky.app\/profile\/urbanizela.bsky.social\" rel=\"nofollow noopener\" target=\"_blank\"> Bluesky<\/a><\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"Here&#8217;s what we&#8217;re reading this week: Aerial view looking northwestHunter Kerhart Architectural Photography California Science Center opens public&hellip;\n","protected":false},"author":2,"featured_media":506638,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[48,52,51,47,50,49],"class_list":["post-506637","post","type-post","status-publish","format-standard","has-post-thumbnail","category-los-angeles","tag-la","tag-la-headlines","tag-la-news","tag-los-angeles","tag-los-angeles-headlines","tag-los-angeles-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/506637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=506637"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/506637\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/506638"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=506637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=506637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=506637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}