California
Rexford Divests South Bay Asset for $10M
NAI Capital Commercial EVP Dave Maron completed the sale of a 38,584-square-foot industrial warehouse in Gardena. Maron represented seller Rexford Industrial… Read more
Graystone Promotes Julius Swolsky to Managing Director
Graystone Capital Advisors, an investment sales brokerage based in Newport Beach, has promoted Julius Swolsky to managing director. Swolsky joined… Read more
Nuveen JV Acquires Industrial Park in Central San Diego
Colliers arranged the sale of 7949 Stromesa Ct., a 107,564-square-foot multi-tenant industrial building located in the Miramar submarket of San… Read more
Balfour Beatty Reaches Milestone on Caltrain Electrification
Balfour Beatty has achieved substantial completion on the Caltrain Electrification project, reportedly the first undertaking in North America to transition diesel… Read more
Stockbridge Pays $142M for Ontario Warehouse Portfolio
Stockbridge has acquired a core industrial portfolio totaling 540,478 square feet in Ontario, within the Inland Empire West industrial submarket.… Read more
The RO Set to Break Ground in Houston
It’s been seven years in the making, but Transwestern will begin construction next month on The RO (pronounced row), a… Read more
Experts: Housing, Taxes Among Challenges for LA and California (VIDEO)
Identifying the biggest challenge facing Los Angeles in particular and California in general drew a variety of responses from commercial… Read more
Anita Paryani-Rice Returns to IPA Capital Markets in LA
IPA Capital Markets, a division of Marcus & Millichap, said industry veteran Anita Paryani-Rice has rejoined the firm as senior managing director in… Read more
Laguna Beach Multifamily Trades for More Than $840K/Unit
CBRE closed the sale of a seven-unit multifamily property in downtown Laguna Beach to a private investor for $5.89 million. At $1,275… Read more
Grocery-Anchored Retail Center Secures $17M Refi
Gantry secured a $17-million permanent loan to refinance Magnolia Towne Center, a 133,000-square-foot grocery-anchored retail center located at 6033-6189 Magnolia… Read more
JLL Arranges Loan for Berkeley R&D/Advanced Manufacturing Facility
JLL Capital Markets arranged $15.645 million in financing for 2630 8th St. in Berkeley. A team led by senior director Erik Hanson… Read more
Hines Pauses Construction on $4B Riverwalk MXU in San Diego
Hines has paused construction on its $4-billion Riverwalk mixed-use development in San Diego after completing $90 million worth of infrastructure… Read more
Retailing Veteran Greg Sullivan Joins BH Properties as Managing Director
Los Angeles-based BH Properties has named retail expert Greg Sullivan managing director of the company’s Retail Properties Division. Sullivan comes to BH Properties from Brookfield Properties, where he… Read more
City of Irvine Breaks Ground on Orange County Music & Dance Center
Nonprofit school Orange County Music & Dance (OCMD) and the City of Irvine recently held the groundbreaking and “Great Park Development Open House” at… Read more
GOCAL, Airport Showcase Inland Empire’s Tourism Growth
For Ontario International Airport (ONT) and GOCAL (Greater Ontario California), National Transportation Week (May 12-18) and National Travel & Tourism Week… Read more
Multi-Tenant Dixon Retail Sells to Private Investor
Marcus & Millichap closed the sale of a 13,132-square-foot retail property located in Dixon, within the Sacramento Valley. The property sold for $3,650,000. Investment associate… Read more
Yes SF Coalition, Red Bay Coffee to Share Space at Swig’s 220 Montgomery
The Swig Company finalized a new lease with the San Francisco Chamber of Commerce as part of a space-sharing arrangement… Read more
Back Bay Mixed-Use Building Trades for $39M
The Ferrado Group, a Spanish real estate investment firm with offices in Newport Beach, California, has acquired a Back Bay… Read more
Texas CRE Foreclosures On Rise
According to the latest findings from Attom Data Solutions, commercial foreclosures across the state jumped by 129 percent year… Read more