California
New Projects Could More Than Double LA Sound Stage Inventory
Los Angeles County already has the largest inventory of indoor filmable sound stages in the U.S. at 389 stages totaling 5.4… Read more
EV-Maker Rivian Puts Brakes on $5B Georgia Plant
The electric vehicle start-up Rivian announced that it will delay construction on its Georgia plant and instead begin production on… Read more
Huntington Beach Redevelopment Site Slated for Residential
Newmark facilitated the sale of 1810 Pacific Coast Hwy., a one-acre redevelopment site in Huntington Beach. The property sold for… Read more
Santa Clara MXU Project Gears Up for Approvals Process
After several years of soliciting community input, Kylli’s 48.6-acre Mission Point mixed-use development in Santa Clara is approaching a major… Read more
Explaining the “Condominium Comeback”
There’s no doubt that the COVID-19 pandemic was a catastrophe, generating a high incidence of heartbreaking illnesses and death. The… Read more
Newsom Fast-Tracks $2B DTLA Mixed-Use Project
California Gov. Gavin Newsom said Thursday that he took action to accelerate Continuum Partners’ Fourth and Central, a $2-billion mixed-use… Read more
Return to Lender: Week of March 7, 2024
Waterfront at Port Chester ($133.5 million | MSBAM 2015-C22 & MSC 2015-MS1): The Port Chester, NY retail property was specially… Read more
87-Room Boutique Hotel Opens in Nashville
The fourth Drift Hotel has opened, the latest, in Nashville. TMC Hospitality opened the first Drift hotel in San Jose del… Read more
JLL Arranges Acquisition Loan for Culver City Multifamily
JLL Capital Markets secured acquisition financing for Cobalt Apartments, a 135-unit rental apartment property with 14,754 square feet of ground-floor retail… Read more
NAIOP SoCal OC Real Estate Challenge Set for April 17
The 3rd Annual NAIOP SoCal Orange County Real Estate Challenge between graduate student teams from the Chapman University Argyros College of Business & Economics… Read more
Office Sale Monetizes Headquarters for Sacramento Nonprofit
Marcus & Millichap closed the sale of Highlands/80 Commerce Center, a 24,964-square-foot office property located at 4700 Roseville Rd. in North Highlands, near Sacramento.… Read more
Port of San Diego Master Plan Reaches Approvals Milestone
The Port of San Diego’s planning for the “future of the Port,” formally known as the Port Master Plan Update… Read more
345 California Adds Fitwel and LEED Platinum to Certifications
345 California Street, a newly renovated Class A mixed-use office property in San Francisco, has achieved Fitwel 2 star and… Read more
TCC Lines Up $142M Commitment from Alaska Fund for R&D Campus
Trammell Crow Company quietly lined up a $141.5-million equity commitment for a planned research and development campus in South San… Read more
CRE Pricing Remains Unchanged in February Following Modest Increase
The Green Street Commercial Property Price Index was unchanged in February, Newport Beach, CA-based Green Street announced Wednesday. The all-property… Read more
ColRich Acquires 19th Denver-Area Property
ColRich Multifamily has acquired Belmar Villas, a 318-unit multifamily community just south of Belmar Shopping District in Lakewood. ColRich paid… Read more
Arctaris Makes Lead Equity Investment in LA Opportunity Zone
Arctaris Impact Investors, LLC, a Boston-based impact investment firm that supports revitalization projects in underserved communities, made a lead equity… Read more
Mixed-Income Rentals Open in Irvine
KTGY and Alliance Residential have completed Broadstone Edition, a community with 264 for-rent apartments in Irvine. The property offers a mix of market-rate… Read more