California
NAIOP SoCal Hosts Annual OC Golf Tournament
NAIOP SoCal members and their guests enjoyed a memorable day at the association’s annual OC Golf Tournament, held July 1 at… Read more
San Jose Affordable Fetches $71M in First Time on the Market
Marcus & Millichap closed the sale of Moreland Apartments, a 160-unit affordable housing asset at 4375 Payne Ave. in San… Read more
Trophy Apartments in Sought-After San Diego Submarket Go for $167M
Walker & Dunlop, Inc. arranged the $167,000,000 sale of Millennium PQ, a trophy suburban core multifamily community comprising 331 units in Rancho… Read more
EQT Exeter Spends $50M on Mesa Warehouse
US Capital Development (“USCD”) sold Falcon Park 303, a 326,018-square-foot industrial building, to EQT Exeter for $50 million. The new… Read more
Elon Musk Moving X, SpaceX Headquarters to Texas from California
Billionaire entrepreneur Elon Musk said Tuesday he is moving the headquarters of two of his companies, X Corp. and SpaceX,… Read more
Cushman & Wakefield Arranges Deal for Chicago’s First Padel Location
Cushman & Wakefield has secured a 30,000-square-foot building at 219 N. Paulina St. for Padel Chicago LLC, which will house… Read more
Echo Park Multifamily Sells Midway Through Construction
Marcus & Millichap arranged the sale of 319 N, Westlake Ave., a fourteen-unit apartment property located in the Echo Park… Read more
Brennan Completes Sale-Leaseback to Beverage Manufacturer
Brennan Investment Group, a Chicago-based private real estate investment firm specializing in industrial facilities across the U.S., completed the purchase, and… Read more
Bridge, Ethos Partner to Preserve Affordability in Walnut Creek
Bridge Investment Group and Ethos Real Estate have acquired the 418-unit Walnut Creek Manor in Walnut Creek, in a deal… Read more
UC San Diego Proposes $2B Campus Housing Village
US San Diego Chancellor Pradeep Khosla will ask University of California regents Wednesday for preliminary permission to create a $2-billion… Read more
Pickleball and Social Club Chooses El Segundo for First Location
JLL arranged a lease on behalf of California SMASH – Pickleball and Social Club for a 25,300-square-foot building located at… Read more
Cash-Flowing San Diego Apartments Trade as Turnkey Opportunity
Marcus & Millichap has closed the sale of a six-unit apartment property located in San Diego. The asset sold for $1,900,000. Aaron Bove,… Read more
Kidder Mathews Expands Lift Partners Assignment in NorCal to 1.2M SF
Kidder Mathews has been awarded an additional 530,384 square feet of property in Northern California to manage for Lift Partners. The… Read more
Warner Bros. Trades Burbank Studios in Sale-Leaseback Deal
Worthe Real Estate Group, QuadReal Property Group and Stockbridge Capital Group have purchased The Burbank Studios, a 27-acre film studio… Read more
Northmarq Arranges Refi on Antelope Valley Apartments
Zalmi Klyne, SVP and managing director of Northmarq’s Los Angeles Debt + Equity team, secured the internal refinance of Park Place Apartments,… Read more
JV Divests Three-Building Business Park for $9M
CBRE recently arranged the sale of Arrow Pines Business Park, a 44,125-square-foot-industrial business park in San Dimas. The buyer was a private… Read more
Small Warehouse Commands Big Price Per Square Foot in Sale
Stefan Rogers, SVP and partner of Voit Real Estate Services’ Irvine office, directed the $3,200,000 sale of a 3,034-square-foot industrial… Read more
BioMed Signs BlossomHill to Office and Lab Space in Torrey Pines
BioMed Realty, a Blackstone portfolio company and leading provider of real estate solutions to the life science and technology industries, has… Read more
Strong Employment Fundamentals Drive San Jose Multifamily Sale
Marcus & Millichap finalized the sale of a 10-unit apartment property located in San Jose. The asset sold for $4,300,000. Eymon Binesh, Adam… Read more