News

Hello Everyone, Retail market rents in San Clemente are seeing positive trends in 2024. Average  market asking rents for retail space in the region is around $3.41 per square foot/$435 market sale price per square foot, depending on location and property type, which has increased 3.8% from the prior year. Vacancy rates are currently at 13.9%, …

As we close out 2023, I am reflecting on the year’s challenges and opportunities and looking forward to what lies ahead in 2024. Unless you were living under a rock, 2023 was most likely one of the most challenging years in commercial real estate within the last two decades. The cost of capital skyrocketed faster …

Hello Everyone, As we transition into Fall 2022, headlines are overwhelmingly becoming negative.  Rising interest rates, rapid inflation, and geopolitical turmoil are dominating news coverage.  While those headlines are real and should merit legitimate caution, it is NOT all bad news out there.  At Coastal Commercial our favorite economic forecast for commercial real estate, comes …

Photo Caption: Forest Avenue in Laguna Beach converted to pedestrian promenade with outdoor seating areas. “So here we are months into a global pandemic, and although things feel more normal than they did in March/April, many businesses are feeling the impact of the Covid-19 virus.  Restaurants in particular have been especially hit hard, with a …

From left: Nathan Holthouser, James Lehigh, Tram Church and Rebecca Canalez have left CBRE to form Coastal Commercial in Newport Beach, California. (Courtesy of Coastal Commercial)  A Daily Look at the Movers and Shakers in Commercial Real Estate  A native of California’s San Gabriel Valley, Nathan Holthouser has been committed to working the state’s southern …

CBRE has brokered the off-market sale of a retail center in Seal Beach for $12 million in cash to a local 1031-exchange investor. Nathan Holthouser and James Lehigh of CBRE represented the buyer, Gary Sauter, in the transaction. The sellers, Rodi Properties and Zoeter Place, were represented by Sheri McCanless of NAI Capital. The property, …

The East Village building that is home to Half Door Brewing Co. has been sold for $3.8 million. The property was sold by Douglas Hamm to an undisclosed buyer. Built in 1906, the 5,000 square-foot building had been a residential duplex. Hamm and his company, Creative House, bought it in 2010 and converted it into …

4G Ventures, a local real estate investor, acquired a five-property retail portfolio in Laguna Beach, CA from an undisclosed private seller for $32.9-million. The portfolio includes an eight-unit oceanfront luxury vacation rental property called Sunset Cove Villas, located at 683 Sleepy Hollow Lane, a mixed-use housing property at 775-793 Laguna Canyon, the Seven-Degrees event center …

One shoe doesn’t fit all, and this type of purchase simply requires more knowledge and homework to have it add up, CBRE’s Nathan Holthouser tells GlobeSt.com following a recent diverse portfolio transaction. LAGUNA BEACH, CA—One shoe doesn’t fit all, and purchasing a diverse portfolio simply requires more knowledge and homework to have it add up, CBRE first VP Nathan Holthouser tells …

Throughout the southern California coast there are iconic high-street retail locations. Everybody knows about Rodeo Drive in Beverly Hills, but what about the rest of the beach city storefront retail? Areas like the Gaslamp Quarter in San Diego, Highway 101 in Encinitas, Avenida Del Mar in San Clemente, Forest Avenue in Laguna Beach, Balboa Island in Newport …

The highly anticipated 2ND & PCH retail center celebrated its grand opening with city officials, developers and hundreds of residents in attendance on October 24. As of November 1, 19 stores have opened their doors, and dozens more are to follow. The more than 215,000-square-foot project in Southeast Long Beach comes after two decades of …

First and foremost, I hope everyone and their families are safe and healthy. Everyone has been affected by the recent impact of COVID-19, landlords especially. All product types are expected to see headwinds in the coming months. I have been in close contact with many of my clients, colleagues, and tenants to discuss how to best handle what …

Nathan Holthouser is one of the biggest and best commercial real estate agents in Orange County, CA and that’s why I was so stoked to get the opportunity to talk to him. We not only discussed how to break into the business of commercial real estate, but also how to start investing in commercial real …

The 3rd annual 7th St Party just keeps getting better and better!  This year the party (better known as the 3rd Annual Clam Jam) raised over $8,500 for the Susan G. Komen Foundation. Thrown on the Saturday of Memorial Day Weekend, the party saw hundreds of attendees as the entire block of 7th and Oceanfront …