California
Colliers Lists One Remaining Office Space at Solana Beach MXU
One office space remains available at Sandbox Solana Beach following a successful leasing campaign by Colliers. The team of vice… Read more
Swift Acquires Mixed-Use Building at Millbrae BART/Caltrain Station
Swift Real Estate Partners acquired Gateway at Millbrae Station, a 180,161-square-foot mixed-use office and retail property at 166 N. Rollins… Read more
Lincoln Joins Team Rethinking Plans for Hollywood Office Project
Lincoln Property Company said Tuesday it had joined the development team for 6767 W Sunset, a project led by Thomas… Read more
Office and Retail Drive Overall CMBS Default Rate Higher
Office and retail CMBS loan defaults drove the overall default rate higher in 2023, Fitch Ratings said Tuesday. The total… Read more
Green Street Acquires Benelux Retail Data Provider
Green Street said Tuesday it had acquired Locatus, a Netherlands-based provider of data and analytics for the retail sector in the… Read more
Puma Opens 1.2M-SF Waddell Distribution Center
The warehouse, which will process orders from wholesale partners and PUMA’s golf subsidiary Cobra, will complement PUMA’s existing distribution centers… Read more
Real Estate Transactional Team Joins Allen Matkins from Goodwin
Allen Matkins has added a leading real estate transactional team is joining the firm across California. The group includes partners Dean Pappas,… Read more
Value-Add Hollywood Offices Trade in All-Cash Transaction
Newmark completed the sale of 7083 Hollywood Blvd., a Class A value-add office investment property strategically at the intersection of… Read more
Landsea Closes on Sites for Anaheim Townhome Development
Landsea Homes Corporation said Monday it had closed on 44 homesites for a new community called Mason in Anaheim. Sales are… Read more
San Diego Apartments Go for $500K/Unit
Marcus & Millichap closed the sale of 5018-22 Saratoga Ave., a six-unit apartment property located in San Diego. The asset sold for $3,000,000,… Read more
140 New Montgomery Adds Three New Tenants
CBRE and Pembroke have secured 55,913 square feet in new leases at 140 New Montgomery St. in San Francisco. New… Read more
Koreatown Apartments in ED 1 Program Score Construction Debt
The Los Angeles-based Colliers Mortgage Structured Finance Group arranged $24.4 million in construction financing for Kingsley Apartments, a planned 136-unit, 100% affordable property… Read more
NYC-Based 3PL Provider Opens First West Coast Facility
Ship Essential, a Brooklyn-based third-party fulfillment company, has opened its first Southern California location in Downtown Los Angeles. The new… Read more
Mill Creek Launches Preleasing at Pomona Rentals
Mill Creek Residential, a Florida-based developer, owner-operator and investment manager specializing in rental housing across the U.S., launched preleasing at Modera Pomona,… Read more
Medical Device Maker Acquires Aliso Viejo Offices Adjacent to HQ
MicroVention, a neuroendovascular medical device company, acquired 45 Enterprise, a 242,706-square-foot high-rise office building in Aliso Viejo, for $42.25 million, or… Read more
JLL Arranges Refi on East County Apartments
JLL Capital Markets arranged a $2.53-million refinancing for The Madison Apartments, a 12-unit, newly renovated apartment community located at 5074-5084… Read more
Longfellow Unveils Upgrades at San Mateo Life Science Campus
Longfellow Real Estate Partners, among the largest privately owned investors and developers of life science real estate, has delivered its renovated… Read more
Trader Joe’s Plans to Add Eight SoCal Locations
Trader Joe’s plans to add eight grocery stores to its Southern California roster, representing one-third of the Monrovia-based retailer’s planned expansion… Read more
Fast-Casual Concept Kalaveras Leases 25th SoCal Location
Fast-casual concept Kalaveras has committed to downtown Burbank for the restaurant’s 25th Southern California location. The chain signed an 11-year, 6,750-square-foot… Read more