California
Dutch Bros Ground Lease Sells to Sacramento Investor
SRS Real Estate Partners recently closed the $2.7-million ground lease acquisition of a Dutch Bros property located at 4085 Cameron Park… Read more
Park 12 Sale Marks San Diego’s Largest Apartment Deal Since Pandemic
Locally based MG Properties completed the acquisition of Park 12 Apartments, a 35-story high-rise in downtown San Diego with 43,000 square feet… Read more
Hilco Markets 121 Net-Leased JCPenney Properties in 35 States
Hilco JCP, LLC, an affiliate of Hilco Real Estate, LLC and manager of Copper Property CTL Pass Through Trust, said… Read more
Colliers’ Wallace Team Arranges Sale of Mar Vista Apartments
Colliers arranged the $9-million sale of Mar Vista Lofts, a well-maintained 21-unit multifamily building constructed in 2012 and located in… Read more
Lincoln Property Nabs Sorrento Mesa Life Science Facility
Lincoln Property Company and joint venture partner Brasa Capital Management acquired a specialized life science facility at 10165 McKellar Ct.… Read more
Medical Device Developer Signs Headquarters Lease with Drawbridge Realty
Drawbridge Realty has signed a long-term lease to medical device developer EBR Systems, Inc. for the entire 51,136-square-foot building at 4600… Read more
UCLA Anderson Projects Losses Up to $164B from LA Wildfires
Total property and capital losses from January’s catastrophic wildfires across Los Angeles County could range between $95 billion and $164… Read more
MetLife Building Poised for $1.5B Securitized Refi
Continuing a recent flurry of 10-figure Manhattan office securitizations, Bank of America and Wells Fargo once again will lead the… Read more
Daycare Franchise to Open Eight New Locations in Washington Metro
National daycare franchise The Learning Experience is expanding in the Washington metro area with eight new locations opening over the… Read more
U.S. Affordable Housing Completions Likely to Peak in 2025
U.S. affordable housing completions are likely to peak at a multi-year high of 78,377 units in 2025, 12.6% higher than… Read more
Gantry Arranges Refi of Warner Center Offices
Gantry arranged a $12.7-million permanent loan to refinance the 93,619-square-foot Warner Center Business Park located in the Warner Center submarket… Read more
RPG Completes $60M Escondido Logistics Center
RAF Pacifica Group (RPG) completed the construction of Escondido Logistics Center. The $60-million, two-building industrial complex spans 147,054 square feet in Escondido Technology… Read more
Tom McDonnell to Lead Cushman & Wakefield’s Northwest Region
Cushman & Wakefield appointed Tom McDonnell as executive regional director to lead the firm’s Northwest Region, including Northern California, Oregon and Washington.… Read more
Former Lockheed Martin HQ in Calabasas Trades to Joint Venture
Newmark arranged the sale of 4500 Park Granada, a three-story, 222,667-square-foot Class A office building in Calabasas. Although Newmark did… Read more
Rick Caruso, Community Leaders Launch Steadfast LA to Expedite Rebuilding
In response to last month’s devastating wildfires, Rick Caruso is bringing together some of Los Angeles’ most impactful business and… Read more
Developer Sells Chipotle and Starbucks Drive-Thru in Rancho Cucamonga
Hanley Investment Group Real Estate Advisors arranged the sale of two standalone buildings occupied by a Chipotle Mexican Grill and an adjacent… Read more
Santa Clara VTA, Charities Housing Partner on Low-Income Townhomes
The Santa Clara Valley Transportation Authority (VTA) has signed a long-term ground lease agreement with Charities Housing, which will build 45… Read more
Breakthrough Properties Acquires Torrey Pines Life Science Campus for $159M
Breakthrough Properties, a life science-focused joint venture of Tishman Speyer and Bellco Capital, has acquired MUSE, a life science campus… Read more