California
Navy, City of Concord Agree on Transfer of Former Naval Weapons Station
The City of Concord Local Reuse Authority (LRA) has reached a financial agreement with the U.S. Navy over the price… Read more
HSR, MetLife Plan Eight-Story MF Development in Bellevue
High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, has executed a cost-share agreement with MetLife Investment Management… Read more
Lendlease Opens Two-Building Habitat Apartment and Office Complex
Lendlease and joint venture partner Aware Super announced the opening of Habitat in Los Angeles along with welcoming the building’s first residents.… Read more
Newly Built Pollo Campero Sells at Four-Year-Low Cap Rate
Hanley Investment Group Real Estate Advisors recently arranged the sale of a newly constructed, single-tenant Pollo Campero ground lease in… Read more
Colliers Markets Historic Alameda Hotel Apartments
Colliers has listed the historic Alameda Hotel Apartments, located at 1415 Broadway in Alameda. Built in 1926, the property features… Read more
Cybersecurity Firm Illumio Inks 120K-SF Headquarters Lease
Cybersecurity company Illumio, Inc. has signed a 120,000-square-foot headquarters lease at the Campus at Scott, a three-building, 460,000-square-foot Class A… Read more
Producer Prices Jump 6% Annually, Reinforcing Inflation Concerns
The Producer Price Index for final demand increased 1.4% in April on a seasonally adjusted basis, following gains of 0.7%… Read more
TailoredSpace Adds Solano Beach Location to San Diego Footprint
TailoredSpace continues its expansion across Southern California suburbs with its latest location in Solano Beach. With this opening, TailoredSpace will… Read more
BH Unveils New Facade, New Name for Fisherman’s Wharf Mixed-Use
BH Properties, a vertically integrated real estate investment firm with a regional office in San Francisco, has completed a multimillion-dollar… Read more
Grosvenor Group Looks to Sell U.S. Property Holdings
Grosvenor Group, the centuries-old British property group owned by the billionaire Duke of Westminster, plans to sell its direct U.S.… Read more
Premier Storage Investors Acquires Self-Storage Property in Bellevue for $51M
Memphis, Tennessee-based Premier Storage Investors has acquired West Coast Self-Storage, a six-story self-storage facility located at 12399 Northup Way, for… Read more
Menlo Park Refi Illustrates Recovery of Bay Area Hotel Sector
Sonnenblick-Eichner Company has arranged $110 million in first mortgage debt for Independence Menlo Hotel Owner LLC to refinance Hotel NIA… Read more
Walker & Dunlop: HUD Steps Up as Financing Solution
After a period of volatility and constrained development, HUD financing is gaining momentum as borrowers prioritize long-term certainty and stability,… Read more
Inflation Reaccelerates in April as Energy, Shelter Costs Drive CPI Higher
The Consumer Price Index increased 0.6% on a seasonally adjusted basis in April, following a 0.9% rise in March, according… Read more
Colliers Finalizes Apartment Sale in Supply-Constrained 605 Corridor
Colliers closed the sale of Parc @ 5, a 104-unit garden-style apartment community located in the gateway city of North… Read more
MMCC Secures Financing for El Cajon Multifamily
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $3,960,000 in… Read more
New 7-Eleven Prototype Sets California Pricing Record
Hanley Investment Group Real Estate Advisors arranged the $12.18-million sale of a newly constructed, single‑tenant 7‑Eleven convenience store, gas station and… Read more
$103M Financing Supports Ontario Airport Hotel Repositioning
GreenRock Capital LLC has closed on a $103-million financing for the Ontario Airport Hotel and Conference Center in Ontario. National CORE owns… Read more