California
X Will Shut Down San Francisco Headquarters Within Weeks
X, the social media platform formerly known as Twitter, will close its San Francisco offices, according to published reports. CEO… Read more
Kidder Mathews Re-Ups Downtown Seattle Lease
Kidder Mathews has relocated its offices at Two Union in downtown Seattle, where the company has been headquartered for nearly… Read more
Newly Developed EoS Fitness Trades at Record Low Cap Rate
SRS Real Estate Partners completed the $13.3-million sale of a newly developed EoS Fitness property located at 35914 Winchester Rd. in… Read more
F&F Properties Snags Value-Add San Diego Apartments
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the sale of Mar at Mesa Apartment Homes, a 62-unit… Read more
JPMorgan Expected to Further Downsize First Republic’s Office Footprint
JPMorgan Chase is expected to further reduce its footprint at One Front Street in San Francisco more than a year after… Read more
Cityview, Wafra Acquire Newly Built Apartments in Silver Lake
A partnership of Cityview and Wafra has acquired Silva, a newly constructed 221-unit, Class A multifamily community in the Silver… Read more
DTLA’s 801 Tower Trades Below Replacement Cost
Asia Pacific Capital Company arranged the sale of the 801 S Figueroa office building, also known as the 801 Tower,… Read more
Meta Housing Breaks Ground on Its Sixth Long Beach Affordable
Los Angeles-based Meta Housing Corporation and the Foundation for Affordable Housing recently broke ground on the development of 1400 Long Beach,… Read more
Aerospace Manufacturer Divests Cameron Park Headquarters
Marcus & Millichap finalized the sale of Snowline Engineering’s headquarters, a 33,183-square-foot industrial property located at 4261 Business Dr. in… Read more
Inland Empire Retains Top Ranking for Largest Industrial Leases
California’s Inland Empire once again accounted for the largest share of the top 100 industrial leases in the first half of 2024, CBRE… Read more
Chevron Moving HQ from CA to Houston
In what is becoming a common theme, Chevron Corporation announced the relocation of its headquarters from California to Houston, Texas. Exxon… Read more
Tolles Obtains $114M Refi for Reno Commerce Center
CBRE arranged $114 million in financing for the Airway Commerce Center in Reno on behalf of Tolles Development Company. CBRE’s Mike… Read more
CBRE Closes Single-Tenant Sales in Manhattan Beach, Oxnard
CBRE has arranged the sales of two single-tenant retail properties in Manhattan Beach and Oxnard, leased to El Pollo Loco and… Read more
San Diego Multifamily Trades After 40-Year Hold
Marcus & Millichap closed the sale of a nine-unit apartment property located in San Diego. The asset sold for $2,550,000.… Read more
Goldman Sachs Snaps Up Boston East Apartments
A CBRE team led by Simon Butler, Biria St. John, John McLaughlin and Brian Bowler arranged the sale of Boston… Read more
Cosm Raises $250M to Drive Growth of “Shared Reality” Venues
Cosm, an immersive technology, media and entertainment company headquartered in Los Angeles, has raised more than $250 million in funding to drive… Read more
Banks See More Office Loans at Risk of Default
Bank data from the first quarter of 2024 show the percentage of criticized loans — meaning those at greater risk… Read more
