California
Norges Buys Out Partners in Office Venture for $1B
Norges Bank Investment Management (NBIM) acquired an additional 50.1% interest to take full ownership of eight office properties in Boston,… Read more
Gilbane Launches 485-Bed Project Near UC Berkeley
Gilbane Development Company broke ground on Pique, a new purpose-built student housing development located at 2587 Telegraph Ave in Berkeley, four… Read more
Cityview Pays $35M for Hollywood Hills Apartments
Institutional Property Advisors (IPA), a division of Marcus & Millichap, finalized the sale of Candela, a 112-unit multifamily property in the Hollywood Hills… Read more
CBRE Arranges Corporate Sale in Sorrento Mesa Submarket
CBRE arranged the $12.05-million sale of 6060 Cornerstone Ct. West, a 67,099-square-foot office building in San Diego, to a local… Read more
IEC Recapitalizes Napa Apartments with PGIM Real Estate
Interstate Equities Corporation (IEC) completed a $45-million recapitalization of Napa Green Apartments, a 166-unit multifamily garden-style community located at 2052 Wilkins Ave.… Read more
Colliers Lands Leasing Assignment at Brookfield’s California Market Center
Colliers’ Integrated Advisory Services Team has secured the leasing assignment of Brookfield’s California Market Center (CMC), a 1.9-million-square-foot hub for… Read more
NTT Planning 225K-SF Lancaster Data Center
NTT Global Data Centers Americas Inc. is eyeing a 225,000-square-foot data center in Lancaster. The facility could be built on… Read more
JLL Arranges $112M Financing for Affordable Modular Development
JLL Capital Markets and Impact Housing have arranged $112.225 million in financing for Mission Gorge, a modular, affordable housing development in… Read more
Proof School Relocates to San Francisco’s South Financial District
Columbia Property Trust, Inc. signed four new leases, highlighted by a 34,528-square-foot relocation with Proof School, at 221 Main St., its 16-story… Read more
Vella Group Gains Planning Commission Approval for $1.4B MXU in DTLA
Vella Group has secured Los Angeles City Planning Commission approval for its 670 Mesquit project, a 1.8-million-square-foot, $1.4-billion mixed-use development.… Read more
Office Foot Traffic Stumbles in November
Despite an increasing number of employees returning to the office, metrics continue to be roller-coaster rides. Placer.ai’s November 2024 Office… Read more
Majestic Realty Secures Second Full-Building Lease with Win.IT America
Majestic Realty Co. secured a long-term lease agreement with Win.IT America, Inc. for the 606,480-square-foot Building #5 at its 290-acre Grand Crossing… Read more
Gantry Wraps Up Refi Loan on Tustin Self-Storage
Gantry secured a $14-million permanent loan to refinance the AAA Quality Self Storage facility located in the Central Orange County… Read more
Senior Care Group Inks Lease with Meridian for Sixth Bay Area Location
Center for Elders’ Independence (CEI) has signed a lease for approximately 23,000 square feet at Meridian’s recent medical office conversion, Broadway… Read more
Washington’s Largest Pickleball Facility Planned in Seattle
Side Out Pickleball Centers is planning a nearly 100,000-square-foot indoor pickleball club at the former Pepsi bottling plant in South… Read more
New National Industrial Platform Outrigger Industrial Launched
Four industrial real estate executives, in partnership with investment firms Davidson Kempner Capital Management and Monarch Alternative Capital, announced the… Read more
IPA Closes $203M Santa Clara Apartment Deal for DWS
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the sale and financing of Summerwood Apartments, a 468-unit multifamily property… Read more