California
CRE Industry Groups Applaud Bipartisan Bill to Incentivize Residential Conversion
Industry associations applauded the introduction of the bipartisan Revitalizing Downtowns and Main Streets Act (H.R. 9002), which would create a tax… Read more
Trammell Crow Residential Opens Latest Alexan Project in Monrovia
Trammell Crow Residential (TCR), the multifamily development platform of Crow Holdings, announced that its latest Alexan community, a 436-unit, luxury multifamily… Read more
Faris Lee Arranges Out-of-State Restaurant Deals for Long Beach Investor
Faris Lee Investments arranged the acquisitions of a Longhorn Steakhouse in Marietta, GA, and a Hardee’s in Bloomington, IN. Director… Read more
Overton Moore Snaps Up Fully Leased San Bernardino Industrial
JLL Capital Markets arranged the sale of 19949 Kendall Dr., a fully leased, Class A industrial building totaling 104,500 square feet… Read more
15-Year Office Veteran Joins Colliers Team in Walnut Creek
Colliers has added Travis Wilson (pictured) to its Walnut Creek office. As SVP, Wilson will focus on office leasing and… Read more
183-Acre Innovation Park to Rise on Former Sacramento Kings Arena Site
Argent Development has acquired the former Sacramento Kings basketball arena complex in northwest Sacramento with plans to transform the 183-acre… Read more
Supply Chain Issues and Industrial Impacts
The United States wasn’t so long ago in the grip of a huge supply chain disruption. Following the global shutdown… Read more
U.S. Multifamily Permits Down Nearly 30% from Pandemic Levels
Builders obtained permits to construct 13 multifamily housing units for every 10,000 people in the U.S. year to date, down… Read more
Rose Equities Snags Torrance Redevelopment Site
Newmark arranged the off-market sale of a 5.5-acre multifamily redevelopment project located at 2325 Crenshaw Blvd. in Torrance. The property… Read more
Multitenant Placentia Industrial Fetches Asking Price
NAI Capital Commercial EVP Marie Taylor of the firm’s Investment Service Group completed the sale of a 20,150-square-foot multitenant manufacturing… Read more
Capriotti’s Sandwich Shop Adds Two Inland Empire Locations
Roxanne “Roxy” Klein, VP of retail leasing & sales at Progressive Real Estate Partners, represented two Capriotti’s Sandwich Shop franchisees in securing leases… Read more
HGA, Crinetics Partner on Lab and Office Spaces
Design firm HGA partnered with Crinetics Pharmaceuticals, Inc., a clinical stage pharmaceutical company,, to design and construct new lab and office spaces… Read more
Marcus & Millichap Closes Los Gatos Apartment Deal
Marcus & Millichap closed the sale of Fairview Plaza, a four-unit apartment property located in Los Gatos. The asset sold for $2,100,000, totaling $525,000… Read more
Google Continues Downsizing in San Francisco
Google has renewed its office lease at 215 Fremont St. in San Francisco, but will occupy less space as the… Read more
Boston Leads Return-to-Office Growth in June
Boston leads the U.S. in year-over-year growth for workers returning to the office, with a 10.3 percentage point increase, according… Read more
High Street Residential Signs Signature Retail Tenant for San Pedro Project
High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, has signed a retail tenant at its latest residential… Read more
Carson Raising Cane’s Achieves High Pricing for QSR Restaurant
(Updated with additional information) Beta Agency SVP Adam Friedlander represented the seller of a Raising Cane’s Restaurant located in Carson.… Read more