California
Riverside Apartments Generate Multiple Bids for First Sale in Two Decades
CBRE’s Eric Chen, Kevin Sin and Blake Torgerson represented both the buyer and seller in the $7.75- million sale of the Potomac Apartments, a 34-unit… Read more
Affirmed Housing Completes TOD at SD’s Granville Transit Center
Developer Affirmed Housing and San Diego’s Metropolitan Transit System (MTS) announced the completion of ShoreLINE, a 100% affordable, transit-oriented housing… Read more
Belmont Parcel to be Redeveloped with 125 Affordable Units
Marcus & Millichap closed the sale of a 1.24-acre parcel of land located in Belmont for an undisclosed sum. The site… Read more
California Population Grew in 2023, Ending Three Years of Losses
California’s population increased by 67,000 people last year to 39,128,162, according to data from the California Department of Finance (DOF).… Read more
LightBox CRE Activity Index Records Modest Uptick for Q1
LightBox said its first-quarter CRE Activity Index showed an increase of 13.4 points from the three-year low seen in Q4… Read more
LV Retail Center Owner Procures $22.65M Refi
Agora Realty & Management has obtained a $22.65 million loan to refinance Fiesta Plaza, a 187,346 square foot grocery-anchored retail… Read more
West Hollywood’s Abbey Nightspots Trade for $27M
Marcus & Millichap closed today the $27-million sale of The Abbey Food & Bar and The Chapel at The Abbey in West Hollywood. The… Read more
Crew Campus Private REIT Unveils Incentives for Investors
Crew Campus Private REIT, a pure-play student housing REIT headquartered in Aliso Viejo, announced a performance fee waiver incentive program to… Read more
Rock Group Launches Riverside Warehouses for Lease or Sale
Rockefeller Group has begun construction of Sycamore Hills Distribution Center along Alessandro Boulevard and Barton Street just west of the I-215… Read more
Trammell Crow Nears Completion of Sorrento Valley Lab/Office Building
Trammell Crow Company (TCC) is on target to finish construction of a $100-million-plus lab and office building in Sorrento Valley… Read more
Mission Rock Development Team Opens Five-Acre Waterfront Park
The Mission Rock Partners development team, a collaboration of the San Francisco Giants, Tishman Speyer and the Port of San Francisco, were joined by… Read more
Goodman Expands Industrial Footprint in Long Beach’s “Space Beach” Area
Goodman, a global industrial property and digital infrastructure specialist has commenced construction on Building One of Goodman Commerce Center Long Beach, adjacent… Read more
Woodland Hills Affordable Breaks Ground via ED1
R.D. Olson Construction and Meta Housing Corp. broke ground on a new seven-story affordable housing apartment complex in Woodland Hills. The project’s… Read more
Shovel-Ready Santa Ana Development Site Sells to Local Buyer
CBRE closed the sale of a 0.29-acre development site, fully entitled for 15 apartment homes near Downtown Santa Ana, to a private… Read more
Small-Box Industrial Demand Remains Strong Amid Overall Decline in IE
Leasing activity in the Inland Empire’s industrial market has experienced a decline, signaling a correction phase, according to Avison Young. However, demand… Read more
Longtime Pizzeria in SD’s East Village Sees Changing of the Guard
Marcus & Millichap’s Totah Group finalized a lease for the space currently occupied by Basic Pizza. Located at 410 Tenth… Read more
Figma Stays Put with 98K-SF Renewal in San Francisco
Product design and development platform Figma has signed a 97,606-square-foot lease renewal at 760 Market St. in San Francisco. Lease… Read more
Placer.ai: Office/Home Hybrid Still a Work in Progress
Although the remote work war is far from over, a growing consensus seems to posit that though in-person work carries… Read more
Report: Measure ULA “Significantly” Reduces Multifamily Sales
Measure ULA, the so-called “mansion tax” on property sales of greater than $5 million that took effect last April, has… Read more