California
Building Construction Active for Close to Half a Century, But What’s Being Built Differs
A report from StorageCafe, “Top Cities for Real Estate Development: Sunbelt Cities Dominate Growth Olympics for Nearly Half a Century,”… Read more
Bloomberg: CRE Sales Market Coming Back to Life
With pricing down 19% from its 2022 peak, the U.S. commercial real estate sales market is starting to come back… Read more
Return to Lender: Week of Sept. 26, 2024
Join industry leaders at Connect Distressed Investment & Finance 2024 on October 22 in Los Angeles at the Luxe on Sunset. This event… Read more
West Harbor Completes First Phase Along San Pedro Waterfront
West Harbor in San Pedro, a joint development of Jerico Development and The Ratkovich Company, has completed its first phase,… Read more
American Healthcare REIT Completes Trilogy Holdings Acquisition
American Healthcare REIT, Inc., headquartered in Irvine, has now exercised its purchase option to acquire the remaining 24% minority membership… Read more
Pic N Save Bargains Backfills Former 99 Cents Only Location in Victorville
Progressive Real Estate Partners recently arranged a new 10-year lease with Pic N Save Bargains for a 29,680 square-foot anchor space, formerly a 99… Read more
Storied Phoenix Hotel in San Francisco Sells to Michel Suas
Newmark arranged the sale of the Phoenix Hotel, located at 601 Eddy St. in San Francisco and renowned as a… Read more
Austin Retail Center Picked Up by Westwood Financial
Westwood Financial purchased Trails at 620 from Partners Capital. Partners originally purchased the Austin site in 2020 as part of… Read more
NAIOP SoCal Night at the Fights Will Feature Four Industry Bouts
This year’s NAIOP SoCal Night at the Fights black-tie gala is slated for Oct. 10 at the OC Fair &… Read more
Techbilt Breaks Ground on Carlsbad Flex Space
Ground has broken on Evolve, a 67,714-square-foot, three-building campus in Carlsbad. Owned and developed by The Techbilt Companies, the new Class… Read more
Newly Built Starbucks in Sacramento Trades in 1031 Deal
Marcus & Millichap arranged the sale of Starbucks, a 3,500-square-foot net-leased property located at 9660 Kiefer Blvd. in Sacramento. The asset… Read more
Satellite Maker Leases Torrance Space for First U.S. Factory
JLL represented satellite manufacturer Aerospacelab in a new lease for a 34,734 square-foot industrial building located at 20000 S. Vermont… Read more
Hanley Arranges Sale of Salem Shopping Center for $13M
Hanley Investment Group Real Estate Advisors arranged the sale of Keizer Village Shopping Center, a 76,785-square-foot, 99%-occupied neighborhood shopping center in… Read more
Northmarq Completes $14M Sale of PNW Housing Portfolio
Northmarq’s Los Angeles Manufactured Housing Investment Sales team of Jeff Benson, managing director, and Sam Neumark, senior vice president, brokered… Read more
GPI Acquires Apartments in North Hollywood Arts District
GPI Companies completed the acquisition of The Lofts at NoHo Commons, a 292-unit, Class A podium-style multifamily project in North Hollywood.… Read more
CBRE Closes Pair of All-Cash Sales in Santa Ana
CBRE closed the sale of two multifamily properties in Santa Ana in separate transactions, representing both the buyers and sellers, all based… Read more
SC Properties Acquires Value-Add San Mateo Office Campus
SC Properties, a San Mateo-based real estate investment, brokerage and property management company, acquired San Mateo Gateway Center, a 235,000-square-foot Class… Read more
TruAmerica Completes Fifth Boston Multifamily Acquisition
TruAmerica Multifamily, a national, institutionally focused multifamily investment firm, acquired the Villas at Old Concord, a 324-unit apartment community in the… Read more
Shopoff Huntington Beach Project Secures City Council Approval
Shopoff Realty Investments secured unanimous Huntington Beach City Council approval for its mixed-use master plan project, Magnolia Tank Farm, located on… Read more