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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Clockwise from top left: Denise Katz, Chris Brown, Nhan Nguyen, and Cara Leonard-Munn.
Industry
Los Angeles

SoCal Industry Roundup: Cityview to Bellwether Make New Hires

By Greg Cornfield
Moviegoers buy pop-corn and drinks at the AMC Burbank theatre concession stand on March 15.
Coronavirus
Los Angeles

California Unemployment Rate Falls to 8.3 Percent; LA Job Growth Stagnates

By Greg Cornfield
Michael Hackman, founder of Hackman Capital Partners based in Culver City.
Development
Los Angeles

Michael Hackman Sets the Stage

By Greg Cornfield
Pedestrians cross a street against a backdrop of luxury highrise apartments under construction in Los Angeles
Leases
Los Angeles

Los Angeles Apartment Rents Dropped 5.5 Percent Since Pandemic Hit

By Greg Cornfield
An aerial view shows high-rise office buildings that have been absent of workers more often than not since March 2020.
Leases  ·  Office
Los Angeles

Back to Work Check-In With CBRE LA’s Todd Doney

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

UPDATED: ArcLight Cinemas, Pacific Theatres Permanently Closing In Wake of COVID

By Greg Cornfield
Regus had sent a termination notice in September 2019 for a lease at the 78,000-square-foot office building at 345 Montgomery Street in San Francisco.
Leases  ·  Office
San Francisco

Judge Backs Vornado In Lawsuit Over Regus’ Attempt to Terminate Lease

By Greg Cornfield
The property is located at 1316 South Meadow Lane.
Sales
Inland Empire

Inland Empire Multifamily Property Trades for $88M

By Greg Cornfield
Gen. Jay Raymond (left), U.S. Space Force Chief of Space Operations and commander of U.S. Space Command, are welcomed by Brig. Gen. D. Jason Cothern (center), Space and Missile Systems Center vice commander, and Joy White (right), SMC executive director at Los Angeles Air Force Base.
Leases
Los Angeles

Space Force To Launch Command HQ in LA

By Greg Cornfield
Developer Rick Caruso, Los Angeles Mayor Eric Garcetti, comedian Billy Crystal and producer Janice Crystal attend the Palisades Village grand opening ribbon-cutting ceremony at Palisades Village in 2018.
Finance
National

Rick Caruso Says He’ll Accept Rent in Bitcoins

By Greg Cornfield
From left to right, Fox Sports host Charissa Thompson, and BIG3 league co-founder Ice Cube and commissioner Clyde Drexler at Fox Sports Studio.
Sales
Los Angeles

Fox Corp. Pursuing Sale, Partial Leaseback of Los Angeles Media Campus

By Greg Cornfield
An esports studio during round 3 of the 2020 F1 Esports Pro Series in 2020.
Sales
Los Angeles

Nuveen to Acquire New Comcast Esports Studio in LA for $54M

By Greg Cornfield
An aerial view shows high-rise buildings, many of which have seen increasing vacancies since Gov. Gavin Newsom ordered Californians to stay home to fight the spread of the coronavirus last year.
Leases  ·  Office
Los Angeles

Nearly One-Fourth of LA’s Office Space Is Empty

By Greg Cornfield
Workers sweep inside the newly added 3rd floor of the vacant Sears store in Santa Monica that has recently undergone a $50 million makeover to turn the Art Deco-style building into an office, restaurant and retail complex.
Development
Los Angeles

Los Angeles Tops Office Development Nationwide With 6.9M SF on Deck

By Greg Cornfield
Oceanaire at 150 West Ocean Boulevard was built and sold by Lennar Multifamily Communities.
Sales
Los Angeles

Waterford Property Will Convert Luxury Units to Workforce Housing After $120M Deal

By Greg Cornfield
Amazon fulfillment center. The global pandemic forced consumers away from brick and mortar retail and toward online shopping, propelling the warehousing and logistics market in California.
Sales
Los Angeles

Intercontinental Real Estate Acquires Amazon Distribution Center in LA for $74M

By Greg Cornfield
3100 and 3420 Ocean Park Boulevard within the massive Santa Monica Business Park
Leases  ·  Office
Los Angeles

Video Game Developer Activision Blizzard Vacates 215K SF HQ in Santa Monica

By Greg Cornfield