California
Burbank Flex-Industrial Trades Off-Market for Use as Studio Space
CBRE arranged the off-market sale of a 47,000-square-foot flex-industrial property in Burbank for $17.8 million. Derek Newton of CBRE represented the… Read more
Foreclosed DTLA Offices Will Serve as New Owner’s Headquarters
Lee & Associates finalized the $18-million sale of a four-story, 86,459-square-foot building at 777 E. 10th Street in Los Angeles.… Read more
OC Industrial: Highest Rents, Lowest Vacancies in SoCal
Orange County achieved the lowest industrial vacancy and the highest rents in Southern California by the end of 2023, JLL… Read more
True Life Companies Sells Chino Hills Site to Trumark
The True Life Companies (TTLC) said it had sold its Chino Hills parcel, Paradise Ranch, to Trumark Properties, LLC. Terms of… Read more
Autonomous Aircraft Maker Establishes Alameda Point HQ
Pyka, a manufacturer of autonomous electric aircraft for crop protection and cargo delivery, has secured a 110,000-square-foot corporate headquarters and… Read more
Greenlane JV Plans EV Charging Corridor Between LA and Vegas
Greenlane, a joint venture between Daimler Truck North America LLC, NextEra Energy Resources, LLC, and BlackRock, said Wednesday it would develop its first… Read more
AFIRE Survey Ranks LA, DC as Top U.S. Markets for CRE Investment
Los Angeles, Washington, DC, Seattle, Dallas and New York City are the top U.S. cities for investment in 2024, according to… Read more
Developer Duo Building Luxury Montrose Condos
Tannos Development Group, along with Wolfgramm Capital, plan to break ground later this year on The Madison, a seven-story, 35-unit… Read more
EVgo Completes Four Sale-Leasebacks for Electric Vehicle Charging Hubs
SLB Capital Advisors, a real estate advisory firm focused on executing sale-leasebacks for corporations and sponsors, arranged four leasing transactions… Read more
TGS Plans Office-to-Industrial Conversion in Hometown of Irvine
Quantitative hedge fund TGS Management LLC plans to convert a pair of offices in Irvine, which were formerly the South… Read more
Walmart Breaks Ground on Supercenter in Eastvale
Walmart and Eastvale city officials broke ground recently on a new 170,995-square-foot Walmart Supercenter. The Supercenter, which will include a… Read more
Ryan, Strata Equity JV to Develop Chula Vista Luxury MF
Ryan Companies US, Inc. and Strata Equity Group, Inc. have formed a joint venture to develop Millenia Lot 19, a… Read more
Intermolecular Renews Full-Building R&D Lease in San Jose
Cushman & Wakefield represented the joint venture ownership of Cannae Partners and equity partner Blue Vista Capital Management in arranging… Read more
SRS Completes Sale of Toledo Airport Square Shopping Center
SRS Real Estate Partners has completed the approximately $11.91 million sale of Airport Square, a 187,252-square-foot shopping center located at… Read more
Long Beach Multifamily Development Lands $200M Financing
CBRE secured $200 million in financing for developing Alexan West End, a 600-unit multifamily community in Long Beach, on behalf of… Read more
Lowe Taps Martin Caverly to Lead Greater LA Activities
Real estate investment, development and management firm Lowe has tapped Martin Caverly to lead the company’s commercial and multifamily real estate… Read more
BNBuilders Breaks Ground on Additions to Fullerton College
Partnering with Roesling Nakamura Terada Architects, BNBuilders has broken ground on two new buildings at Fullerton College. The Chapman Newell Instructional… Read more
Inland Empire Industrial Vacancies Tick Upward Amid Wave of Completions
The Inland Empire’s industrial market remains competitive despite the steady rise in vacancies and decline in lease rates, Kidder Mathews… Read more
King Street Enters San Diego Market with Spec Lab Suites
King Street Properties unveiled plans for its entry into the San Diego market via a 60,000-square-foot speculative lab and life sciences redevelopment,… Read more