California Commercial Real Estate News

Sephora Takes Down Largest Lease Since COVID Began

California + Bay Area + Office | January 19, 2022

Brig Black Launches Elevation Land After Nine Years at LPC

California + San Diego + Finance | January 19, 2022

Newsom Encourages Californians to Engage in Volunteer Opportunities

California + Bay Area + Healthcare | January 19, 2022

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Newsom Encourages Californians to Engage in Volunteer Opportunities

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Latest Bay Area Stories

Sephora Takes Down Largest Lease Since COVID Began

California + Bay Area + Office | January 19, 2022

Sephora recently inked a mega-lease for new headquarters space in San Francisco – the city’s largest since the pandemic began. The office space at 350 Mission St. spans 286,000 square feet across 16 floors, according to the San Francisco Chronicle. The beauty retailer will move next year. In a statement to the Chronicle, Jeff Gaul, …

Newsom Encourages Californians to Engage in Volunteer Opportunities

California + Bay Area + Healthcare | January 19, 2022

With Martin Luther King Jr. Day this week, Gov. Gavin Newsom encouraged all Californians to honor the civil rights leader by taking part in volunteer opportunities. In addition, as part of the California Blueprint, Newsom proposed additional investments in California’s service and volunteer programs. “Dr. Martin Luther King Jr. believed that everyone has a part …

Latest Inland Empire Stories

Marriott Desert Springs Uses $128M Loan to Repay Existing Loan

California + Inland Empire + Hospitality | January 19, 2022

The JW Marriott Desert Springs Resort & Spa, an 884-key resort in Palm Desert, recently obtained a $128 million loan. The five-year fixed-rate interest-only loan was originated by Goldman Sachs Bank USA. Loan proceeds were used by the owner to repay the existing loan, which was scheduled to mature next month. The JW Marriott Desert …

High-Volume Center Sets Record for a Gas Station Property Sold to a Private Party

California + Inland Empire + Retail | January 18, 2022

A Shell gas station, and Circle K Convenience Store and Car Wash recently sold for $9.34 million. The purchase included both the business and the real estate located at 3873 Pyrite St. in Jurupa Valley. This sale reflects a record-setting price for a gas station property sold to a private party in the Inland Empire …

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