California
Ethan Penner, Chad Carpenter Launch Office Finance REIT
Commercial real estate leaders Ethan Penner and Chad Carpenter have launched Reven Office REIT, a U.S. office-focused real estate finance… Read more
Demand for Industrial – Multi-Story Industrial, That Is
Mention the words “large industrial property,” and the image that comes to mind is of a sprawling facility that takes… Read more
Phoenix Industrial Sector Leads Nation
Phoenix continues to lead the nation in industrial deliveries through Q4 2023. In Q4, the Valley delivered over 8.8 million… Read more
Bridge Logistics Expands SoCal Holdings with Compton Buy
Bridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group Holdings Inc., expanded its Southern California portfolio by acquiring an… Read more
NAI Capital Arranges 75-Year Ground Lease in Tustin Legacy Area
(Updated with additional information) NAI Capital Commercial EVP David Knowlton and SVPs Kirby Greenlee and Mariko Beaver completed a 75-year… Read more
Newly Build Panera Bread Sells in All-Cash Deal
Beta Agency arranged the sale of a newly built Panera Bread, located at 18663 Bear Valley Rd. in Hesperia,. Founding… Read more
Rancho Bernardo Offices Trade to Overseas 1031 Buyer
CBRE arranged the sale of 17075 Camino San Bernardo, a 25,475-square-foot-office building in Rancho Bernardo’s Tech Park, for $8 million,… Read more
Climate Tech Tenant Signs Full-Floor Lease at 350 California
The Swig Company and SKS Partners have signed a second new tenant for 350 California in San Francisco. 9Zero, a digital… Read more
LA Tops Manhattan for Coworking Spaces
With 268 coworking spaces as of the fourth quarter of 2023, Los Angeles now leads the national ranking, surpassing Manhattan by… Read more
LA Office Redevelopment Snags Construction-to-Perm Loan
Gantry secured a $28.5-million construction-to-permanent loan for the re-development of an existing office building 100% pre-leased by the GSA as… Read more
Tishman Speyer, Mitsui Fudosan Set Sights on Irvine for Industrial Build
Tishman Speyer and Mitsui Fudosan America, Inc. have acquired a 31.9-acre, fully-entitled development site at the Great Park Neighborhoods mixed-use community in… Read more
Macy’s Leases Central Valley Logistics Facility
Cushman & Wakefield represented Macy’s in the lease of a brand new approximately 272,000-square-foot logistics/distribution facility in Lathrop. The retailer signed a… Read more
Marcus & Millichap Closes El Cajon Multifamily Sale
Marcus & Millichap finalized the sale of Palm Terrace, a 37-unit apartment property located in El Cajon. Built in 1994 and… Read more
Sares Regis Launches Sales at Belmont Townhome Development
Regis Homes Bay Area, LLC, a division of Sares Regis Group of Northern California, launched sales for Village Walk, a collection of 15 new… Read more
GE Development Lands Takeout Loan for San Gabriel Apartments
Calmwater Capital provided Alhambra-based GE Development, Inc. with a $32.25-million construction loan for completion of The One, an 81-unit multifamily… Read more
Digitally Native Brands Thrive in Brick-and-Mortar Settings
Although Digitally Native Brands (DNBs) such as Warby Parker begin as a pure e-commerce play, many DNBs eventually move offline… Read more
Bascom Group Lists Restaurant Space in Downtown Long Beach
The Bascom Group has presented for lease a 4,100-square-foot ground-floor, second-generation restaurant space to the downtown Long Beach market. Located at 200… Read more
Anaheim Industrial Trades at 4.9% Cap Rate
CBRE Investment Properties’ Anthony DeLorenzo, Gary Stache, Bryan Johnson and Nick Williams, along with Keith Greer, negotiated the $18.5-million sale of 3000 – 3010 E. La… Read more