California
255 Big Lots Leases Come to Market
A&G Real Estate Partners is now accepting bids on 255 Big Lots store leases nationwide as part of the retailer’s… Read more
VIDEO: Experts Map Out the Current Investment and Finance Landscape
At the Connect Distressed Investment & Finance conference earlier this month in Los Angeles, commercial real estate capital markets experts… Read more
Playa Vista Offices Trade to Strategic Value Partners, Lincoln Property
Strategic Value Partners, LLC (SVP) and Lincoln Property Company have acquired The Bluffs office campus in Playa Vista. The two-building creative office… Read more
JLL IPT Sells Bay Area Industrial Park for More Than 50% Gain
JLL Income Property Trust has sold Pinole Point, a three-property industrial park in Richmond. Although the REIT did not disclose the… Read more
Sony Shutting Down Seattle-Area Game Studio
Sony announced that it is shutting down Seattle-area game developer Firewalk Studios. Sony acquired the Washington-based game developer 18 months… Read more
First Retailers Announced for Buzzard Point Mixed-Use
Akridge and National Real Estate Development announced the first fitness and office additions joining The Stacks in Washington, D.C.: Launch… Read more
CareTrust JV to Acquire $500M Skilled Nursing Portfolio
San Clemente-based CareTrust REIT, Inc. and a joint venture partner have entered into a binding agreement to acquire a portfolio… Read more
Denver Multifamily Sector on Upswing
CBRE has released the Denver Multifamily Figures Q3 2024. Nearly all statistical categories indicate Denver is on the rise. Q3… Read more
City of Industry Distribution Property Sells to Tenant for $60M
(Updated with additional information) JLL Capital Markets closed the $59.9-million sale of a 282,377-square-foot industrial property located at 918 S. Stimson… Read more
Former Union Bank Building Trades to San Diego-Based Developer
CBRE arranged the sale of 530 B St., a 24-story, 250,000-square-foot office tower located in the B Street corridor of downtown San Diego, for $27.5… Read more
Airbnb Extends San Francisco HQ Lease Through 2037
Airbnb will extend the lease for its global headquarters at 888 Brannan St. in San Francisco through 2037. The 10-year… Read more
Boston Financial Closes LIHTC Fund at $170M
Boston Financial, reportedly the largest syndicator of U.S. Low-Income Housing Tax Credits, has closed Boston Financial Institutional Tax Credits 60… Read more
Howard Levine, ARCS Commercial Mortgage Founder and Industry Leader, Passes Away
Howard Levine, founder, president and CEO of ARCS Commercial Mortgage Co. LP, passed away on Oct. 11. He was known… Read more
Vista Trailer Park, RV Resort Change Hands for the First Time
Marcus & Millichap closed the sale of Melrose Trailer Park and Olive Avenue RV Resort in Vista. The total purchase… Read more
Newsom Proposes More Than Doubling Film & TV Tax Credit Program
California Gov. Gavin Newsom on Sunday announced a proposal to expand California’s Film & Television Tax Credit Program to $750 million… Read more
Music Company Concord Relocates LA Offices to Beverly Hills
JLL signed independent music company Concord to a new 32,241-square-foot office lease at Wilshire & Palm, a 110,000-square-foot creative office… Read more
Partner Valuation Advisors Adds Jeff Colton in Irvine Office
Partner Valuation Advisors continues expanding its leadership team with the addition of Jeff Colton, MAI, who joins the firm in California as… Read more
Experts: CRE Distress is Just Getting Started
Notwithstanding some recent high-profile return-to-office edicts by major occupiers, the office sector continues to be the biggest contributor to monthly… Read more