California
Storm Properties Acquires Escondido Self-Storage and Retail
Storm Properties Inc., a developer, owner, and manager of residential, industrial, and commercial properties, acquired a self-storage and retail asset in Escondido. The property,… Read more
Levin Johnston Team Adds Second Owned Office in Bay Area
Levin Johnston of Marcus and Millichap, among the top multifamily brokerage teams in the U.S., recently acquired a second Bay Area office in… Read more
Assembly Bill Proposes One-Year Rent Freeze Across LA County
Legislation introduced this month at the state Capitol would freeze rent increases across Los Angeles County for a year following… Read more
Chicago/Midwest People & Company News, week of January 31, 2025
Ryan Companies US, Inc. announced several recent leadership changes as the company continues to strengthen its presence in key markets.… Read more
Mill Creek Breaks Ground on 323-Unit Multifamily in San Diego’s North County
Mill Creek Residential has broken ground on Modera Melrose, a mixed-use, garden-style apartment community located on the border of Oceanside and Vista… Read more
Rancho Cordova Retail Pad Sells to SoCal Investor
Hanley Investment Group Real Estate Advisors arranged the sale of a new construction, 9,000-square-foot multi-tenant retail pad, Shops II, at the… Read more
Master-Planned Inland Empire Logistics Park Secures First Tenant
Affinius Capital and McDonald Property Group have pre-leased a 254,677-square-foot industrial building located at 3551 E. Jurupa St. in Ontario to… Read more
Austin W Hotel Redo Complete
W Hotels, part of Marriott Bonvoy‘s portfolio of over 30 hotel brands, and Ryman Hospitality Properties subsidiary Opry Entertainment Group, completed the… Read more
Vacant West LA R&D/Flex Property Has New Owner
Colliers arranged the sale of a 57,868-square-foot R&D/flex building in Culver City. Senior EVP Steve Solomon and VP Kristen Bowman… Read more
Mobil Station in Colton Sells to Private Investor
Progressive Real Estate Partners closed the $5,200,000 sale of a Mobil Gas Station, convenience store and Express Car Wash at 130 West Valley Blvd in Colton. The purchase included… Read more
Phase I Wraps Construction at Tulare Business Park
Outrigger Industrial has completed a 544,077-square-foot Class A industrial building in Tulare. The building, located at 199 E. Paige Ave.,… Read more
Northmarq Secures $26M Refi of Apartment Complex in Portland
Northmarq has secured the $26.4 million refinancing of the 212-unit 735 St. Clair apartment community in Portland, Oregon. The firm’s… Read more
LA Rises Initiative Aims to Spearhead Private-Sector Support of Wildfire Recovery
LA Rises, a recovery initiative to raise private-sector funding to help rebuild after this month’s firestorms, has been launched. Gov.… Read more
NYC Leads U.S. in Ongoing Office Demand Recovery
New York City has emerged as the leader in the ongoing office demand recovery, surpassing its pre-pandemic benchmark in the… Read more
Bridge Logistics Acquires Commerce Site for Lease and Development
Bridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group Holdings Inc., acquired a 5.6-acre site at 4542 Dunham in Commerce.… Read more
Passco Promotes Alan Clifton to COO
Passco Companies, a leading national real estate investment firm specializing in Class A multifamily properties, promoted Alan Clifton to COO. With more… Read more
Hybridge Converts Oakland Student Housing to Affordable Rentals
Hybridge Capital Management is converting an underperforming student housing property in Oakland into an affordable housing community intended to help alleviate… Read more