California
Otay Mesa Industrial Project Lands $35M in Construction Financing
JLL Capital Markets has arranged $35 million in construction financing for the development of Phase II of Brown Field Technology… Read more
IPA Brokers $21M Sale of Sherman Oaks Apartment Complex
Institutional Property Advisors (IPA), a division of Marcus & Millichap, has completed the $21 million sale of the Addison Arms… Read more
San Diego Self-Storage Facility Secures $18M Refinance
Northmarq has arranged the $18 million refinance of a newly developed self-storage facility in San Diego, CA. The three-story property,… Read more
DTLA Hospitality Continues Its Pandemic Rebound
The Downtown Center Business Improvement District (DCBID) has just released its second quarter Downtown Los Angeles (DTLA) Market Report, and… Read more
Colliers Arranges Sale of San Diego Life Science Property
Colliers has announced the sale of Scripps Technology Plaza, a 62,000-square-foot office building in San Diego primed for life science.… Read more
CRE Developer Rick Caruso’s LA Mayoral Bid Heats Up
Rick Caruso, one of the most successful real estate developers in Los Angeles, finds himself in a two-person runoff for… Read more
Atlas Freight Commits to $7M Lease Extension in Otay Mesa
Colliers has arranged a 100,000-square-foot lease renewal at the Piper Ranch Logistics Center in the Otay Mesa submarket of San… Read more
99-Year-Old SF Boutique Hotel Sells for $71M
Pebblebrook Hotel Trust, the largest owner of hotel properties in San Francisco, has finalized the sale of Hotel Spero, a… Read more
High Bluff Del Mar Reaches 100% Occupancy
JLL has leased-up the 73,000-square-foot, Class-A High Bluff Del Mar office building after securing tenants for over 25,000 square feet… Read more
Downtown Works Expands Little Italy Presence
Downtown Works, a San Diego-based coworking space developer, has expanded its Downtown/Little Italy location by 40%, adding 24 private, one-… Read more
Report: California Job Recovery Nears Pre-Pandemic Level
A new joint study from Beacon Economics and the UCR School of Business Center for Economic Forecasting and Development indicates… Read more
Luminia Finances ESG Upgrades for Gables Residential
Sustainability solutions finance company Luminia has agreed to deliver its flexible financing platform for the installation of sustainability improvements at… Read more
Avanath Acquires Baldwin Village Apartments for $220M
At 669 units, representing the largest single asset transaction in Los Angeles County this year, Northmarq has completed the $220… Read more
Allen Matkins Appoints Partners to New Leadership Roles
Real estate and business law firm Allen Matkins has named new leadership roles in several of the departments and practice… Read more
San Diego Planet Fitness Sells for Record Cap Rate
SRS Real Estate Partners’ National Net Lease Group (NNLG) has completed the $8.15 million sale of a 17,000-square-foot retail property… Read more
X Team Expands SoCal Footprint, Adds Axiom Retail Advisors
Southern California brokerage group Axiom Retail Advisors has joined Phoenix-based X Team Retail Advisors as an affiliate of X Team’s… Read more
HappyCo Tabs Nowacky as Chief Product & Technology Officer
Multifamily real-time property operations company, HappyCo, welcomes Ben Nowacky as the company’s Chief Product and Technology Officer. Based in San… Read more
CBRE: Bay Area Life Science Lab Space Remains in High Demand
A new second quarter report from CBRE indicates that the San Francisco Bay Area has the highest demand in the… Read more
Newmark Arranges $18M Sale of LA Net-Leased Medical Office
LaSalle Investment Management has purchased a single-tenant, net-leased medical office building in the Eagle Rock neighborhood of Los Angeles for… Read more