California
$1B Office Tower Proposal Aimed at Entertainment Industry
The owner of the property at 6601 Sunset Blvd., Los Angeles investor and developer Maggie Miracle, has doubled down on… Read more
Del Ray Lines Up Construction Loan on LA Project in Mid-Process
Del Ray Realty secured a $3,000,000 construction loan for a two-unit single-family development project at 1943-1945 Pinehurst Rd. in Los Angeles,… Read more
Babe’s Smokehouse and Tavern Brings Indio Center to Full Occupancy
Babe’s Smokehouse and Tavern signed a new lease for 2,275 square feet with an additional 850-square-foot patio at Canopy at… Read more
Pfizer Oncology Commits to 230K SF at Torrey View Campus
Breakthrough Properties, a joint venture of global developer Tishman Speyer and biotechnology investment firm Bellco Capital, has signed Pfizer Oncology… Read more
Three NorCal X Team Affiliates Form Regional Alliance
A trio of X Team Retail Advisors affiliates in Northern California formed a regional alliance that covers a footprint encompassing San Francisco, San… Read more
Intel’s Semiconductor Projects in Line for $8.5B of CHIPS Act Funding
Intel and the U.S. Department of Commerce have signed a non-binding preliminary memorandum of terms (PMT) for up to $8.5… Read more
Spotlight a Rising Star in Connect CRE’s Eighth Annual Next Generation Awards
Connect Commercial Real Estate’s seventh annual Next Generation Awards in 2023 put the spotlight on 110 of commercial real estate’s… Read more
Newmark Names Nick DiPaolo Southwest Market Leader
Newmark has promoted Nick DiPaolo to EVP, regional managing director, Southwest market leader. Based in Los Angeles, DiPaolo will oversee… Read more
Industrial Outdoor Storage Site Sells to Car Dealer
DAUM Commercial Real Estate Services completed the sale of a 1.78-acre industrial outdoor site with five pre-existing storage buildings in Orange.… Read more
Ontario Airport Continues Streak of Y-O-Y Gains in Passenger Volume
The number of air travelers through Ontario International Airport (ONT) grew by 9% year-over-year in February, extending its run of Y-O-Y increases… Read more
Rancho Bernardo R&D/Lab Portfolio Fetches $31M
JLL Capital Markets arranged the $30.8-million sale of an R&D/Lab portfolio in Rancho Bernardo in San Diego. The firm worked on behalf of the… Read more
Ware Malcomb Wraps Headquarters Revamp for Unchained Labs
Construction is complete on Unchained Labs’ new headquarters in Pleasanton. Ware Malcomb provided civil engineering, interior architecture and design and building measurement services for the 120,000-square-foot… Read more
California Home Sales Reach 17-Month High
A recent uptick in mortgage rates notwithstanding, California’s housing market continued to demonstrate resilience in February, reaching sales levels not seen since… Read more
South Loop Apartment Tower Sells for $144M
San Francisco-based FPA Multifamily bought the 47-story Paragon apartment tower in the South Loop for $144 million earlier this month,… Read more
BakerHostetler Relocates LA Office to Century City
Law firm BakerHostetler has relocated its Los Angeles office to 1900 Ave. of the Stars in Century City. Spanning nearly 40,000… Read more
Restaurateur Tony Monaco to Open Second Location at Irvine’s Eighteen Main
Restaurateur Tony Monaco will open his second Eighteen Main eatery, Monaco Italian Kitchen + Bar, later this year. The new… Read more
Hanley Arranges Sales of 7-Eleven, Starbucks in Merced
Hanley Investment Group Real Estate Advisors arranged the sale of two brand-new construction, single-tenant properties occupied by a 7-Eleven convenience store… Read more
PGIM Real Estate Provides $51M Financing for BKM Acquisition
PGIM Real Estate has provided $51 million in floating rate acquisition financing on behalf of its core plus debt strategy to… Read more
Palmetto Superfoods Inks Lease in SF’s South Park SoMa Neighborhood
Urban Land Development, based in San Francisco, said Monday that Palmetto Superfoods, a fast-healthy concept bridging Brazilian açaí and California vegan-focused superfoods, has signed… Read more