California Commercial Real Estate News

HPP and Blackstone Unveil $180M Studio Plans

California + Los Angeles + Office | August 3, 2021

SperryCGA’s North America Network Grows to Nearly 60 Offices

California + Orange County + Office | August 3, 2021

Newsom and Sisolak Survey Tamarack Fire Damage

California + Bay Area + Apartments | August 3, 2021

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Latest Bay Area Stories

Newsom and Sisolak Survey Tamarack Fire Damage

California + Bay Area + Apartments | August 3, 2021

Gov. Gavin Newsom and Nevada Gov. Steve Sisolak recently surveyed the Tamarack Fire damage area. The two governors met with fire and emergency management personnel responding to the fire, which has burned some 70,000 acres on both sides of the California-Nevada border. “We’re here in the spirit of partnership that unites all of us on …

HQ @First Provides Hefty Profit in Recent Sale

California + Bay Area + Office | August 3, 2021

HQ @First was recently acquired by an affiliate of New York City-based KKR for $535 million. KKR obtained a $408 million loan from JPMorgan Chase at the time of the purchase. The three-tower 561,500-square-foot office complex is adjacent to State Route 237 near North First Street in San Jose. Its addresses are 110, 120 and …

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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