California
Garden-Style Multi Trades in San Diego’s North Park Submarket
Northmarq completed the sale of a nine-unit garden-style multifamily property in North San Diego for $3.15 million. Erik Anderson and… Read more
Bay Area Life Science Vacancies Rise as VC Funding Ebbs
A decline in venture capital funding for Bay Area life sciences mirrors a rising vacancy level in the sector, Avison… Read more
Bain, Cherry Tree Capital Partner on SoCal Rental Developments
Bain Capital Real Estate and Cherry Tree Capital Partners have formed BCT Development, a strategic joint venture focused on the… Read more
Avanath’s Daryl Carter to Receive Lifetime Achievement Award from AAREP LA
African American Real Estate Professionals Los Angeles Chapter (AAREP LA) will present the inaugural Lifetime Achievement Award to Avanath Capital… Read more
Four-Building Intersect Office Campus Set for Clean Energy Upgrades
MetLife Investment Management (MIM) has signed an agreement with DSD Renewables to install a 2.2-megawatt solar project and 510 kWh… Read more
Orange County Leases 70K SF with Drawbridge Realty
The County of Orange has signed a long-term lease with Drawbridge Realty to occupy approximately 70,000 square feet at 1700… Read more
San Diego Design Center Opens Collaborative Space
Local design leaders are joining forces to reinvigorate the San Diego Design Center, a 15,344-square-foot office campus located at 3605… Read more
Clorox-Leased Pleasanton Offices Trade at Steep Discount
A Pleasanton office complex mainly occupied by Clorox, the consumer and household products titan, has sold for $73.5 million in… Read more
Natixis CIB Expands Leadership Team
Natixis Corporate & Investment Banking has announced appointments to its Real Estate & Hospitality (REH) Americas team. Christopher LaBianca joins… Read more
Global Gaming Leader Makes “Trendsetting” Move from El Segundo to Hollywood
In a “market-leading, trendsetting move,” video game Com2uShas signed a long-term lease that will relocate its North American corporate headquarters… Read more
Owner-User Acquires Senior Housing for $24M
Avison Young closed the $23.5-million sale of a 201-bed senior housing facility located at 6700 Sepulveda Blvd. in Van Nuys. Situated… Read more
DJM Recapitalizes Newport Beach Mixed-Use
JLL Capital Markets closed the recapitalization of Lido Marina Village, a 3.06-acre, coastal mixed-use shopping center located in Newport Beach. JLL… Read more
Progressive’s Roxy Klein Named 2024 President of ACRE SoCal
Roxanne “Roxy” Klein of Rancho Cucamonga-based Progressive Real Estate Partners has been named the new 2024 president of ACRE (Association of… Read more
Sudberry Properties Completes Scripps Ranch MXU
Sudberry Properties has completed The Hub at Scripps Ranch, a mixed-use redevelopment project featuring 260 luxury apartments and 10,700 square feet… Read more
URW Puts San Jose’s Oakridge Mall Under Contract
(Ipdated with additional information on square footage) Unibail-Rodamco-Westfield, the owner of 16 retail centers across the U.S., told investors that… Read more
Bill to Expand California Rent Control is a Nonstarter
The California Apartment Association (CAA) announced that a legislative proposal to broaden the scope of rent control in California has… Read more
$25M Permanent Loan Retires West LA Construction Debt
Gantry secured a $25.4-million permanent loan to retire construction financing for the recently completed SW by CLG in Los Angeles.… Read more
Northmarq Secures $82M Refi of Irvine Multifamily
Northmarq’s West Palm Beach debt + equity team of David Gahagan, Chris Hammel and Chandler Kaye secured the $82-million refinance of The Cartwright apartments in… Read more
