California Commercial Real Estate News

Staley Point and Bain Take Down 55K SF Industrial Asset

California + Los Angeles + Industrial | August 2, 2021

Sentre Triples Down on SoCal Industrial

California + Inland Empire + Industrial | August 2, 2021

CBRE Fund Locks Down Four Self-Storage Assets

Seattle & Northwest + California + Phoenix & Southwest + Washington + Retail | August 2, 2021

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Latest Bay Area Stories

Cantor Fitzgerald Snaps Up Apple Space, DeAnza Plaza

California + Bay Area + Office | August 2, 2021

De Anza Plaza, a single-tenant office campus in Cupertino, recently sold for $63.75 million to Cantor Fitzgerald Income Trust. Apple is the building’s sole tenant and has been in occupancy since 2016. Colliers’ Andy Zighelboim, Robert Gilley, Brad Idelman, Kevin Moul and Andrew Gibson represented the seller, Madison Marquette, in negotiations with the buyer. “This …

Infrastructure Spending Will Generate $200B Each Year

California + Bay Area + Industrial | July 30, 2021

A first-of-its-kind report finds that upcoming spending on federal, state and local infrastructure will generate nearly $200 billion in economic activity in California annually in the next decade and support 700,000 jobs per year. The report is the first to examine the impacts of transportation infrastructure spending on all sectors of the California economy, not …

Latest Inland Empire Stories

Sentre Triples Down on SoCal Industrial

California + Inland Empire + Industrial | August 2, 2021

Marking its third Southern California property in six months, Sentre recently acquired Temecula Heights located at 42301 Zevo Dr. in Temecula. Sentre acquired the 229,000-square-foot industrial facility for $40.75 million at a cost of $178 per square foot. The building is fully leased, with 84 percent of the asset leased to a global leading Fortune …

How Low Can IE Industrial Vacancy Go?

California + Inland Empire + Industrial | July 30, 2021

Industrial vacancy remains low, under 5 percent in all submarkets, despite strong development activity and new buildings being delivered to the market, according to Lee & Associates’ second quarter 2021 Inland Empire industrial market report for the East Valley market. Vacancy rates decreased in second quarter 2021 to 1.24 percent. In 2021, the vacancy rate …

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