Lightning Lease

Lightning Lease Helping business owners find their ideal space, lightning fast!

11/02/2023

The Chula Vista Public Library has just been granted nearly $19.5 million for upgrades at our Civic Center and South Branch libraries.

Let's hope it doesn't look like the downtown library after all of this.

11/01/2023

Venture capital funding for San Diego life sciences firms has surged to $1 billion in Q3.

It's a good time to be a biotech landlord.

10/31/2023

The Los Angeles County Superior Court upheld the "mansion tax" measure, the numbers behind it are truly moronic.

A 4% charge on all residential and commercial real estate sales in the city above $5 million and a 5.5% charge on sales above $10 million - in what world does a higher charge for larger transactions make sense?

These San Diego Rite Aids will be closed following their bankruptcy filing:🔹 3813 Plaza Drive, Oceanside🔹 1670 Main St.,...
10/23/2023

These San Diego Rite Aids will be closed following their bankruptcy filing:

🔹 3813 Plaza Drive, Oceanside
🔹 1670 Main St., Ramona
🔹 6505 Mission Gorge Road, San Diego
🔹 8985 Mira Mesa Blvd., San Diego

10/20/2023

Just in time for Hallowwen, Silicon Valley Bank is back from the dead!

They have disbursed over $1 billion in new loans to technology and healthcare companies during the second quarter

Hotel Del Coronado, a 135-year-old icon, is undergoing its most massive renovation since its 1888 opening.🔹 $160M invest...
10/19/2023

Hotel Del Coronado, a 135-year-old icon, is undergoing its most massive renovation since its 1888 opening.

🔹 $160M investment in the Victorian Building's 367 guest rooms - preserving 1800s charm with a modern twist.

🔹 Blackstone's substantial $400M investment underscores the hotel's enduring appeal and National Historic Landmark status.

California Attorney General Rob Bonta raises concerns about Kroger's $24.5 billion acquisition of rival Albertsons and c...
10/18/2023

California Attorney General Rob Bonta raises concerns about Kroger's $24.5 billion acquisition of rival Albertsons and contemplates legal action.

🔹 California AG Rob Bonta is seriously worried about Kroger's proposed acquisition of Albertsons for $24.5 billion, hinting at possible legal action.

🔹 Concerns include higher consumer prices, reduced payments to California farmers, food deserts, and potential harm to workers.

🔹 The deal, unveiled in October 2022, seeks to create a 5,000-store grocery chain.

Netflix is introducing permanent brick-and-mortar stores starting in 2025.Have they ever heard of Blockbuster?
10/18/2023

Netflix is introducing permanent brick-and-mortar stores starting in 2025.

Have they ever heard of Blockbuster?

San Francisco's real estate market is undergoing a transformation, reminiscent of a almost a decade ago.🔹 Prices in San ...
10/17/2023

San Francisco's real estate market is undergoing a transformation, reminiscent of a almost a decade ago.

🔹 Prices in San Francisco apartment buildings have rolled back to 2014 levels, according to recent data from a Compass report. Cap rates are on the rise, reaching levels last seen in 2011.

🔹 Newcomers and mom-and-pop investors are seizing the chance to invest, enticed by more attractive cap rates.

🔹 Big institutional investors are notably absent from the scene, dealing with the impact of rising debt costs.

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