"Roughly $968 million was spent on 2025's top 10 biggest trades by dollar volume through September, driven in part by three nine-figure deals, according to reporting from The Real Deal and TRD analysis of quarterly reports from Kidder Mathews and CBRE. The year's priciest sale clocked in at $332.1 million. In 2024, the 10 biggest deals in the same nine months totaled $595 million. That year there was only one nine-figure deal, and at $103 million, it was 31 percent less than 2025's No. 1 deal."
"This year's deals trounced 2024 in terms of square footage. In 2025, the top 10 deals came to 3.7 million square feet, of which 2.1 million square feet was in one project. The year prior, transactions tallied roughly 1 million square feet. On a per-square-foot basis, 2024 fared better. The average price of the top 10 retail sales this year was $607, with only one deal over $1,000 per foot."
"The list excludes Blackstone's bulk $4 billion acquisition of 93 West Coast shopping centers, including eight in Southern California, via its acquisition of Retail Opportunity Investment, as well as InvenTrust Properties' $306 million portfolio sale of five Southern California shopping centers including River Oaks in Santa Clarita, to Nuveen. 2025 kicked off with the Blackstone and Retail Opportunity Investments Corp. portfolio exchange, demonstrating heavy confidence in California retail from one of the world's prominent investment banks, said CBRE's Jimmy Slusher."
Through September 2025, roughly $968 million was invested in Los Angeles County's top 10 retail deals, anchored by three nine-figure transactions and a $332.1 million top sale. The 2025 top 10 represented about 3.7 million square feet, including one project of 2.1 million square feet, compared with roughly 1 million square feet in the same period of 2024. Average price per square foot fell to $607 in 2025 versus $1,050 in 2024, with fewer high-per-foot outliers in 2025. Notable portfolio-level transactions and improved lending and leasing dynamics supported the market.
#los-angeles-retail-investment #2025-retail-transactions #commercial-real-estate-sales #transaction-volume
Read at therealdeal.com
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