California
Industrious Expands with Watt Companies in Century City
Watt Companies’ Watt Plaza in Century City has entered into a 10-year lease agreement with flexible workspace provider Industrious for… Read more
IEC Brings in Clarion to Recapitalize Marina Apartments
Interstate Equities Corporation (IEC) finalized the recapitalization of The Gates at Marina, a 136-unit multifamily garden-style community located at 299 Carmel Ave. in… Read more
La Mesa’s Former Lamps Plus Location Causes Bidding War
CBRE’s Michael Peterson, Camille Doan, Reg Kobzi, Joel Wilson, Hunter Rowe and Matt Carlson arranged the $6.3-million sale of 8375 Hercules St, in La Mesa. The team represented the seller,… Read more
Climate Innovation Hub 9Zero Opens in San Francisco
9Zero, a climate innovation hub that combines coworking and a digital membership network, has opened its first coworking space, located… Read more
Burbank Brings More Residential, Lodging to Downtown Core
The “Media Capital of the World” intends to improve its jobs-to-housing ratio, currently at 3.5 jobs for every housing unit.… Read more
Glendale Rental Property Trades for $266K/Unit
Decron Properties has acquired Hangar at Thunderbird (Hangar), a 266-unit gated multifamily community located in Glendale, AZ for $69 million.… Read more
Rockefeller Center Adds Three New Leases
Rockefeller Center has added three leases at properties across the campus. Shikhara has signed 2,000 square feet at 45 Rockefeller… Read more
Two-Lot Mixed-Use Changes Hands Along Newport Beach’s Marine Avenue
Faris Lee completed the sale of 325-331 Marine Ave. on Balboa Island, located in Newport Beach. Situated on two separate… Read more
AlbaneseCormier Nabs Open-Air Center in Rancho Mirage
AlbaneseCormier closed the acquisition of Rancho Las Palmas, a 162,380-square-foot, grocery and drug-anchored shopping center located at located at the intersection… Read more
SoMa Offices Trade to NY Life Partnership at Steep Discount
CBRE’s Capital Markets team in San Francisco arranged the sale of 410 Townsend St., a four-story, 78,000-square-foot office building in San Francisco’s South… Read more
California Economy Ranks Fifth Globally for Seventh Year
California ranked as the fifth largest economy in the world for the seventh consecutive year in 2023, according to the… Read more
Factors Shaping the Future of Data Centers
A report by Colliers discusses a sector impacted by hyperscale players and more capital Data centers have been a focal… Read more
CIM Opens Apartments in LA’s West Adams Neighborhood
CIM Group has opened The Jayne, a 69-unit, six-story apartment building with six units designated as affordable and approximately 5,453… Read more
Upscale Korean BBQ Comes to Marina del Rey
JLL arranged a new 4,882-square-foot lease by Namoo Korean BBQ at Marina Marketplace, a 205,000-square-foot retail center located at 13450… Read more
ICON National Completes Six Projects in CA’s Homekey Initiative
ICON National, a general contractor specializing in renovation of affordable multifamily and senior housing communities, has completed 450 units of… Read more
Avison Young Closes Deal for Two-Building Sacramento Office Complex
Avison Young completed the $44.5-million sale of Natomas Corporate Center in Sacramento. The two-building, Class A, LEED-certified office property is located at… Read more
Anaheim City Council Okays Disneyland Expansion Plan
The Anaheim City Council unanimously approved Disneyland’s multibillion-dollar expansion plan early Wednesday, the Los Angeles Times reported. The 7-0 vote… Read more