California
Sudberry Completes Second Phase of Chula Vista Business Park
Sudberry Properties has completed Phase Two at the 50-acre Otay River Business Park in Chula Vista. Phase Two consists of… Read more
IRA Capital, Oaktree Acquire Outpatient Building Portfolio
Irvine-based IRA Capital has acquired 12 Class-A medical outpatient buildings through a newly established partnership with funds managed by Oaktree… Read more
Allen Matkins/UCLA Survey Predicts Rising CRE Distress
A majority of California’s commercial real estate industry participants (71%) anticipate distress levels to rise in the coming months, with… Read more
Creation Jettisons Chandler Warehouses for $57M
Midway Commerce Center located in Chandler traded hands this week as Creation sold the three-building, 301,994-square-foot master-planned industrial center to Boston-headquartered Longpoint… Read more
Koreatown Apartments Trade for $30M Amid Market Challenges
Colliers arranged the sale of the 72-unit Maya Apartments in Los Angeles’ Koreatown neighborhood. Senior EVP Kitty Wallace, senior associate… Read more
Master-Planned Logistics Park Breaks Ground Across from Ontario Airport
Affinius Capital, McDonald Property Group and PREMIER Design + Build Group have begun work on a master-planned logistics park in… Read more
Avatar Provides Financing to Overhaul Sonoma Coast Hotel
Avatar Financial Group LLC, a Seattle-based national bridge lender for commercial real estate, provided $6.4 million in financing for the… Read more
Trammell Crow JV’s 1.7M-SF Santa Clarita Industrial Reaches Completion, 100% Leased
A joint venture of Trammell Crow Company (TCC) and Clarion Partners said that construction is complete at its 1.7-million-square-foot industrial… Read more
JPI Building 397-Unit FW Rental Community
JPI started work on Jefferson Ridglea Village just west of Fort Worth last year, and the company hopes to complete… Read more
Overton Moore Raises Equity for $300M of CA Logistics Acquisitions
Logistics real estate developer and operator Overton Moore Properties (OMP), headquartered in Torrance, said Monday it had raised $150 million of equity… Read more
Staley Point, Bain Capital Offload Buena Park Industrial Duo
Staley Point Capital and Bain Capital Real Estate closed the $53.3-million sale of two assets totaling 183,000 square feet and located at… Read more
Equity Union Acquires La Quinta Offices for 12th Location
Equity Union Real Estate has acquired the La Quinta Professional Plaza located at 47040, 47050 and 47060 Washington St. in La Quinta… Read more
San Jose Ground Lease Trades to Tenant for $10M
Marcus & Millichap closed the sale of a 1.1-acre ground lease located at 3155 Stevens Creek in San Jose. The… Read more
Industrial Realty Group Expands Hampton Roads Presence
Industrial Realty Group, LLC (IRG), headquartered in Los Angeles, acquired a 298,126-square-foot warehouse facility at 3321 Princess Anne Rd. in Norfolk,… Read more
CIM Group Partners on Creation of Round Hill Capital Ventures
Los Angeles-based CIM Group has provided financing for the creation of Round Hill Capital Ventures, a newly formed investment platform… Read more
Neutraderm Expands West Coast HQ with Third Chatsworth Facility
Neutraderm, a medical-grade skincare manufacturer, has expanded its footprint in the San Fernando Valley with the purchase of a third… Read more
Goodman Adds Flex Space at Commerce Center Eastvale
Goodman, a global industrial property and digital infrastructure specialist, is constructing additional Flex Space at Goodman Commerce Center Eastvale, one… Read more
Axiom Arranges Backfill Leases for Former Big Lots in Escondido
Axiom Retail Advisors, an Irvine, CA-based retail consulting firm and member of the X Team Retail Advisors platform of affiliates,… Read more
PsiQuantum to Anchor Quantum and Microelectronics Park in Chicago
The former U.S. Steel South Works site, which has sat vacant for decades on Chicago’s Southeast Side, is slated to become the… Read more