Greg Cornfield

Gregory Cornfield is Commercial Observer’s Los Angeles correspondent. He grew up in Chicagoland and graduated from the University of Missouri School of Journalism. Greg covered L.A. real estate news for The Real Deal, and was a breaking news reporter for City News Service Southern California.

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An empty Cinerama Dome of the ArcLight Cinemas on Sunset Boulevard in Hollywood on March 20, 2020.
Coronavirus
Los Angeles

Iconic Hollywood Movie Theater to Reopen With New Name

By Greg Cornfield
The development, named 1111 Sunset for its address, will include the first skyscrapers in the area between Downtown L.A. and Dodger Stadium.
Design + Construction  ·  Development
Los Angeles

LA Greenlights Trio of Towers Near Downtown

By Greg Cornfield
The four buildings are at 17875-17877 Von Karman Avenue and 17838 and 17872 Gillette Avenue in the Orange County Airport Area submarket.
Finance  ·  Sales
California

Hines Sells Trophy SoCal Office Campus for $235M

By Greg Cornfield
3101 South Western Avenue.
Design + Construction  ·  Development
Los Angeles

CIM Group Plans More Housing Projects in LA

By Greg Cornfield
Located at 606 Fayetteville Street and 401 East Lakewood Avenue, it’s the largest development site in downtown Durham.
Sales
North Carolina

Sterling Bay Buys Major Development in Durham

By Greg Cornfield
555 Aviation Boulevard.
Finance  ·  Sales
Los Angeles

Tishman Speyer Sells LA Office for $206M

By Greg Cornfield
a five-year plan to restore its properties around Wilshire Boulevard near Rodeo Drive and add office and multifamily space, as well as new retail and restaurant space, a membership club and more.
Development
Los Angeles

Saks Fifth Beverly Hills Set for Major Redevelopment

By Greg Cornfield
The Netflix logo is seen on the company's building on Sunset Boulevard in Los Angeles.
Industry  ·  Players
Los Angeles

Netflix Lays Off Another 300 Employees

By Greg Cornfield
THE NEW CLASS A OFFICE IS SET FOR DINE BRANDS AT 10 WEST WALNUT IN OLD PASADENA.
Leases  ·  Office
Los Angeles

Dine Brands Signs 92K-SF Lease at LPC West’s New Pasadena Development

By Greg Cornfield
“In the last 12 months, rents have increased by 13.3 percent in Upland, and average occupancy has been 97 percent,” IPA’s Martin Zorbas said.
Sales
Inland Empire

SoCal Apartment Complex Sells for $82M

By Greg Cornfield
The co-CEOs of Rexford said Southern California is “the nation's most desirable industrial market with occupancy levels at essentially full capacity and an incurable supply-demand imbalance."
Sales
Los Angeles

LA’s Rexford Nears $1B in 2022 Acquisitions

By Greg Cornfield
The Home Depot is committed to occupy a 1.1 million-square-foot building in the business park.
Finance  ·  Construction
Inland Empire

Big Inland Empire Project Secures $210M Construction Loan

By Greg Cornfield
Tiffany and Shops is fully leased on a half-acre parcel at 64-68 West Colorado Boulevard.
Sales
Los Angeles

Retail Shops Sell at Record Price in Pasadena

By Greg Cornfield
The top listing for the Los Angeles Market is 100 Wilshire in Santa Monica at $108 per square foot.
Sales
National

US Office Sales Cross $35B for the Year

By Greg Cornfield
A woman waits in line for food at a Chipotle Mexican Grill.
Analysis
National

Pandemic Migrations Bolster Smaller Markets: Report

By Greg Cornfield
Job growth in life sciences professions expanded by 79 percent since 2001 to roughly 500,000.
life sciences
National

Life Sciences Talent Soars in Growing US Markets: Report

By Greg Cornfield and Keith Loria
Lab coats hang in a new biotech center. About 4.5 percent of all biological and biomedical sciences PhDs in the nation’s largest markets are issued from L.A.-Orange County thanks to institutions like UCLA, UC-Irvine and the University of Southern California.
life sciences
Los Angeles

Los Angeles Is Going to Need More Lab Space

By Greg Cornfield