California
NewMark Merrill Tapped to Manage Laguna Niguel Retail
NewMark Merrill Companies, Inc. has been awarded property management of Plaza de la Paz, a 294,566-square-foot retail destination located at… Read more
San Diego Workforce Partnership Relocates within Chula Vista
JLL guided San Diego Workforce Partnership to a new lease for 12,963 square feet at 333 H St. in Chula Vista. Commencing in… Read more
Avison Young Opens Silicon Valley Office in Palo Alto
Avison Young has opened its new Silicon Valley office located at 229 Forest Ave. in Palo Alto. The new office,… Read more
California Forever Plan Qualifies for November Ballot in Solano County
The California Forever plan to construct a new city in eastern Solano County, northeast of the San Francisco Bay Area,… Read more
Gantry Secures $16M Loan for Portland FedEx Facility Acquisition
Gantry has secured a $16.25 million permanent loan for the acquisition of a Class-A warehouse facility 100% occupied by FedEx… Read more
Multi-Tenant Retail Sale Completes Santa Monica Parcel Assemblage
Kennedy Wilson Brokerage finalized the $7-million sale of 2031-2037 Wilshire Blvd., a 3,149 square-foot retail center on a 6,970-square-foot parcel… Read more
Huntington Beach Apartments Trade for First Time in 50 Years
CBRE closed the sale of Beachwood Apartments, an 18-unit multifamily community in Huntington Beach, to a private investor. The sale price of $8.65… Read more
Shopoff Plans 1M-SF Industrial in Desert Hot Springs
Shopoff Realty Investments said Tuesday it acquired a 55-acre property in Desert Hot Springs, within the Inland Empire East region. Plans call… Read more
Silicon Foundry Subleases 18K SF from Salesforce
Silicon Foundry, a Kearney Company, has leased 17,894 square feet of former Salesforce space at 350 Mission St. in San Francisco. The… Read more
Hines Acquires Newly Built Walnut Creek Multifamily
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the sale of The Rise Walnut Creek, a 97-unit multifamily property with an… Read more
Berkadia Webinar Focuses on Affordability and the Threat of Rent Control
The potential repeal in November of California’s Costa-Hawkins Rental Housing Act, which has barred local governments from instituting radical rent… Read more
Tishman Speyer Lands $100M S. Florida Business Park
Tishman Speyer acquired the Rock Lake Business Center, a 35-acre industrial property in Pompano Beach, FL, from IDI Logistics for… Read more
Santa Clarita Business Park Launches Construction
Construction has commenced on the Santa Clarita Commerce Center, an industrial business park within the City of Santa Clarita. CBRE’s Craig Peters is representing the… Read more
Supply Chain Group Leases Full Building in Ontario
Newmark facilitated the signing of a 146,816-square-foot, full-building lease at 5700 E. Airport Drive in Ontario. The property is part… Read more
Takeout Loan Secured for Newly Built La Jolla Apartments
Gantry secured a $14.4-million loan to retire construction financing for the 801 Pearl Class A apartments located at 801 Pearl… Read more
Primestor Makes First NorCal Acquisition in Richmond
Los Angeles-based Primestor Development has completed its first deal in Northern California with the $36.5-million acquisition of Hilltop Plaza, a… Read more
Apartment Rents Drop in Seven of 11 Major California Cities
Even as apartments nationally continue to rise, with the national rent index for one and two-bedroom units increasing by 1.2%… Read more
Safehold Closes on Ground Lease of Senior Affordable Project in Orange
Ground lease REIT Safehold, Inc. has closed on a ground lease to facilitate the ground-up development of The Orion, a… Read more
Industrial Portfolio in San Marcos, Temecula Trades to Two Separate Buyers
Cushman & Wakefield arranged the sale of two industrial projects spanning six buildings and 387,454 square feet in San Marcos… Read more