California
Market-Rate Santa Ana MF Secures $128M Construction Loan
Gantry secured $128 million of construction-to-permanent financing in three tranches, from three separate lenders, for the development of the Legado… Read more
Owner-Occupier Acquires San Diego Retail
Marcus & Millichap arranged the sale of Plaza Kensington, a 3,388-square-foot retail property located in San Diego’s Kensington neighborhood. The sale price… Read more
PACE Loan Funds Improvements at Seaside Campground
PACE Loan Group (PLG) has arranged a $4.45-million PACE loan secured by a special assessment for Lawson’s Landing, which will… Read more
Report: Renters’ Interstate Migration Patterns Settle Down
During the pandemic and its aftermath, America’s residential renters fled crowded cities to more affordable and less densely populated areas.… Read more
Capital Markets: The Rearview Mirror and the Road Ahead
Last year’s capital markets volatility considerably slowed both development and investment. In this first article of a four-part series, Connect… Read more
Levi Strauss Seeks Naming Rights on Levi’s Stadium Through 2043
Levi Strauss & Co. (LS&Co.) and the San Francisco 49ers on Thursday announced a proposed 10-year extension to the naming… Read more
Two Melrose Property Sales Exceed $1K/SF
Kennedy Wilson Brokerage has sold two retail properties on the northwest and northeast corners of Melrose and Edinburgh avenues in… Read more
Disneyland Proposes $1.9B of Expansion Plans
Disneyland has committed to spend $1.9 billion over the next decade as part of a long-term planning proposal presented to… Read more
Build-to-Suit Launches at Tejon Ranch for Nestlé USA
Tejon Ranch Co. said construction is underway on a new distribution center for Nestlé USA, Inc., the world’s largest food and beverage… Read more
Realty Income Completes Merger with Spirit Realty Capital
San Diego-based net lease REIT Realty Income Corporation has closed on the previously announced merger with Spirit Realty Capital, Inc.… Read more
The Conservation Fund Acquires 3,654-Acre Richmond Ranch at Discount
Richmond Ranch, a 3,654-acre property near San Jose, has been sold to The Conservation Fund (TCF), a nonprofit organization committed… Read more
World Market Coming to Bergen Town Center
Urban Edge Properties (UE) has announced that World Market signed a long-term lease at Bergen Town Center in Paramus, NJ.… Read more
San Jose’s Eastridge Center Trades for $135M
Eastridge Center in San Jose, one of the Bay Area’s best-known shopping and restaurant centers, has sold to a Texas-based… Read moreStockbridge Picks $72M S. Florida Industrial Portfolio
A Deerfield Beach, 14-warehouse industrial project has been unloaded for $72.3 million. The Powerline Business Park was sold by the… Read more
Arts District Redevelopment Comes to Market in Foreclosure Sale
Cushman & Wakefield has been retained to market the foreclosure sale of AtTraction, a historic 58,118-square-foot historic, adaptive reuse asset… Read more
Anchor Point Closes Sale of Office and Retail in Diamond Bar
Anchor Point Capital, a commercial real estate advisory firm specializing in net lease properties nationwide, arranged the $12.2-million sale of… Read more
Gym-Anchored San Bernardino Center Fetches $24M
JLL Capital Markets closed the $24.325-million sale of Tri-City Center, a 151,709-square-foot shopping center in San Bernardino. JLL represented the seller, Unilev Capital.… Read more