California
CA Home Sales Reach Highest Level in Six Months
California existing home sales rebounded in January to the highest level in six months as mortgage rates pulled back sharply… Read more
Multi-Tenant Retail Property in Missouri Sells
Marcus & Millichap closed the sale of a two-tenant center featuring a SmileShack dental office and Domino’s Pizza store in… Read more
Historic Westwood Movie Palace Changes Hands
Newmark completed the sale of the historic Fox Village Theatre, located at 945 Broxton Ave. and 10959 Weyburn Ave. in… Read more
Landsea Launches New Development in Patterson
Landsea Homes Corporation has begun construction on its newest community, Blossom at the Baldwin Ranch in Patterson. The new community continues Landsea Homes’… Read more
Paris Baguette Eyes Q4 Opening for Rancho Bernardo Café
Paris Baguette, a neighborhood bakery café concept with 4,000 cafés worldwide, will soon expand to San Diego. Jimmy Wu, who… Read more
AI Startup Quadruples Space in San Francisco Relocation
Unlearn, an AI company creating digital twins to optimize clinical research, has leased a 17,220-square-foot space in San Francisco. The… Read more
Workplace Index: Return-to-Work Increased. So Did Remote Work
Even though the pandemic lockdown is four years in the past, the work-from-home trend is still with us. However, the… Read more
Investor Surveys Generate a Mixed Bag for 2024
There’s little doubt that the past year has been volatile for commercial real estate investors. Much of what was forecast… Read more
Greystar Trades Core Multifamily in Undersupplied West LA-Culver City
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of Cobalt Apartments, a 135-unit multifamily property with 14,754 square… Read more
Housing on Merit Names New CEO
Housing on Merit (HoM), a nonprofit affordable housing provider, said Jaymie Beckett has joined the organization as CEO, based in… Read more
BWE Arranges $66M for Infill Costa Mesa Retail
BWE, a national commercial and multifamily mortgage banking company, secured $66,000,000 in acquisition financing for The South Coast Collection (SOCO) an urban-infill… Read more
Alterra IOS Completes Sale-Leaseback in Folsom
Alterra IOS, a Philadelphia-based industrial real estate owner, has acquired a 7.03-acre property at 1130 Sibley St. in Folsom for… Read more
Wilshire Quinn Lends on Newly Built San Diego Multifamily
Wilshire Quinn Capital said Wednesday that its private lending fund, the Wilshire Quinn Income Fund, has provided a $16,500,000 refinance loan in San Diego.… Read more
Federal Realty Enjoys Leasing Success at One Santana West
Federal Realty Investment Trust’s One Santana West, a new office building located across the street from the Santana Row mixed-use… Read more
Port of Los Angeles Sees Second-Busiest January on Record
The Port of Los Angeles handled 855,652 Twenty-Foot Equivalent Units (TEUs) in January, the second-best start to the year on… Read more
Pasadena Apartments Sell at 4.38% Cap Rate
Marcus & Millichap closed the sale of 1471 Fair Oaks Ave., an 18-unit apartment property in Pasadena. The asset changed… Read more
Landside Construction Launches on Dana Point Harbor Revitalization
Construction has begun on the landside portion of the $600-million revitalization project known as the Commercial Core at Dana Point… Read more