California
Chipotle-Anchored Pad Site Sells to 1031 Investor
Hanley Investment Group Real Estate Advisors arranged the sale of a recently constructed, three-tenant net-leased investment anchored by a Chipotle Mexican… Read more
Dwight Capital Provides HUD 223(f) Loan on West Sacramento Apartments
Dwight Capital provided a $21.6-million HUD 223(f) loan for Meadowbrook Apartments, a newly renovated 92-unit garden-style complex in West Sacramento. Proceeds from the… Read more
HP Investors Spins Off NorCal Affiliate to Focus on LA, San Diego Markets
Solana Beach-based real estate investment firm HP Investors (HPI) completed a corporate restructuring which includes the separation from its Northern California affiliate, HP Investors North, to… Read more
KKR Snaps Up National Industrial Portfolio for $377M
KKR said Monday afternoon it had acquired a portfolio of six well-located, Class A industrial logistics properties in major U.S.… Read more
LBA Pays $41M for Englewood Warehouse
Irvine, CA-based LBA Realty purchased a 304,620-square-foot distribution center south of Denver for $41 million. BPG Dove Valley 2 LLC sold… Read more
Colliers Closes Fontana Industrial Sale for Transwestern Development
Colliers completed the $76.8-million sale of a newly constructed Inland Empire West Industrial asset, Almeria Logistics Center. Cabot Properties acquired… Read more
Perry’s Café Site in San Diego’s Old Town Will Give Way to Residential
Viewpoint Development has acquired a 4,000-square-foot restaurant building located on 1.74 acres at 4620 Pacific Hwy. in San Diego’s Old Town… Read more
Canada-Based Asian Grocery Chain T&T to Make California Debut in San Jose
Canada’s Asian grocery chain T&T Supermarket Inc. will open its first California store and its third in the U.S. next year… Read more
Portland Green Lights Live Nation Venue Proposal
The development team behind a proposal to build a concert venue fit for 3,500 fans on the Central Eastside of… Read more
Tech Firm WalkMe Subleases from Salesforce in San Francisco
Israeli tech firm WalkMe Inc. is moving its U.S. headquarters to Kilroy Realty’s 350 Mission St. as it prepares to… Read more
Multiple Bids Submitted for DTLA’S Unfinished Oceanwide Plaza MXU
Multiple groups bid Thursday for the unfinished Oceanwide Plaza mixed-use development in Downtown Los Angeles, which was forced into bankruptcy… Read more
California People and Company News, Week of August 16, 2024
Enhancement to Weekly People & Company News – We’re adding executive-level openings to our Friday California Weekly People & Company News.… Read more
Atria Senior Living Secures $52M Refi for Newport Beach Facility
JLL Capital Markets arranged a $52-million refinancing for Atria Newport Beach, a 168-unit senior living community located in Newport Beach. Senior managing director Aaron Rosenzweig… Read more
Merck-Leased San Jose Property Goes for $81M
Newmark arranged the sale of Silicon Valley Innovation Hub, a 146,159-square-foot building located at 3011 N. 1st St. in San… Read more
Port of Long Beach Sees Busiest July to Date
A year-over-year surge in cargo volume lifted the Port of Long Beach to its most active July on record, and… Read more
130K-SF Mesa Retail Center Trades for $26M
SimonCRE has sold the Mesa Ranch Plaza, a 130,000-square-foot shopping center in Mesa, Arizona. Private investor, Mesa Ranch 24 paid… Read more
Battery Maker Chooses Rocky Mount for $1.4B Plant
A new battery manufacturing plant is set to open at the Kingsboro megasite in Edgecombe County. Natron Energy, headquartered in… Read more
DAUM Closes $14M 1031 Deal for LA Industrial
DAUM Commercial Real Estate Services completed the sale of a 60,457-square-foot industrial building in Los Angeles. The property sold for $14.1… Read more