California
Report: DTLA Office Market Stabilizes in Third Quarter
A recent report from Avison Young offers some encouraging news for the Downtown Los Angeles office market. Unemployment has dropped… Read more
San Francisco Penthouse Garners Record Sale Price
One Steuart Lane, a condominium community developed and owned by Paramount Group in San Francisco, has commanded the highest price-per-square-foot… Read more
Report: Share of Renters Soaring in LA and SF
A new study from online rental listing website Rentcafe indicates that in 2021, more U.S. households rented that at any… Read more
Juul Looks to Sell its Vacant SF Tower…Again
Controversial vaping company Juul Labs has relisted its office tower at 123 Mission St. in San Francisco’s financial district, and… Read more
Meta Housing Breaks Ground on LA Affordable Housing Project
Developer Meta Housing Corporation, in partnership with the Foundation for Affordable Housing, has broken ground on Lucena on Court, a… Read more
Russian Hill Multifamily Property Trades for $33M
Coldwell Banker Commercial Realty has facilitated the $33 million sale of 2222 Polk St., a 42-unit multifamily property in the… Read more
MedWest Realty Welcomes Kellie Hill as SVP in San Diego
Healthcare real estate specialist MedWest Realty, Inc. has expanded its healthcare real estate advisory team with the addition of 25-year… Read more
LA Micro Suites Project Receives Major Construction Loan
Real estate capital markets advisor WAY Capital has secured a $40 million senior construction loan on behalf of Six Peak… Read more
FPA Buys Silicon Valley Apartment Trio for $135M
San Francisco-based FPA Multifamily has purchased three San Jose, CA apartment complexes for a combined $135 million, or $245,000 per… Read more
Cuningham Appoints Sandi Najera as COO in San Francisco
National design firm Cuningham has announced the appointment of Sandi Najera as the firm’s Chief Operating Officer. Based in San… Read more
Report: San Diego Retail Market Posts Strong Third Quarter
The San Diego retail sector continues its post-pandemic rebound, as overall vacancy was a healthy 5.0% in Q3, down from… Read more
Report: California #1 in U.S. with Most Coworking Spaces
CoworkingCafe, a nationwide coworking space search website, reports that California leads the nation with 1,188 coworking spaces, nearly double that… Read more
Colliers Arranges $42M Sale of San Diego Power Retail Center
Colliers National Retail Capital Markets Team has brokered the combination sale of The Shops at Palm Promenade, the largest power… Read more
Kidder Hires Bay Area Veteran as President of Brokerage
Kidder Mathews continues to expand in Northern California, adding Bay Area real estate veteran David Nelson as Regional President of… Read more
ARG Brokers $11M Sale of Oceanside Multifamily Portfolio
Apartment Realty Group (ARG) has brokered the sale of a 5 parcel, 24-unit multifamily portfolio in coastal Oceanside, CA. Oceanside… Read more
HCP Raises $1.6B for Global Media Investments
Los Angeles-based real estate investment company Hackman Capital Partners (HCP), has closed the HCP Studio Fund, raising $1.4 billion in… Read more
Marcus & Millichap Arranges Mission Hills Apartment Sale
Commercial real estate brokerage firm Marcus & Millichap has announced the $2 million sale of 3555 Keating St., a seven-unit… Read more
Kearny Mesa Industrial Building Trades for $12.6M
CEG Capital Partners has announced the $12.6 million disposition of a 29,000-square-foot industrial property in the Kearny Mesa submarket of… Read more
New DTLA 42-Story Residential Tower Tops Out
Mitsui Fudosan America (MFA) and Lendlease have announced the topping-out of 8th & Figueroa, a 42-story apartment tower under construction… Read more