California
Marcus & Millichap Closes Development Site Sale in San Diego
Marcus & Millichap finalized the sale of University & Herbert, a 0.43-acre development site located in San Diego. The sale price… Read more
BLP Enters NorCal Industrial Market with Newark Deal
Bridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group Holdings Inc., has expanded into Northern California with the acquisition… Read more
PSG Moves Down 5th Ave with Expanded Store
Paris Saint-Germain (PSG) is expanding its New York City presence by relocating to a larger space on Fifth Avenue. … Read more
Jonathan Rose Makes $102M Acquisition in San Jose
New York City-based Jonathan Rose Companies, among the leading owners of affordable and mixed income housing, completed the acquisition of The Grove,… Read more
Raymond James Renews, Expands Pasadena Offices
Barker Pacific Group (BPG) has signed diversified financial firm Raymond James & Associates Inc. to a lease totaling 19,721 square feet at 301… Read more
Faris Lee Closes Anaheim Restaurant Sale to 1031 Buyer
Faris Lee Investments completed the sale of Solita Restaurant, a new single-tenant net-leased restaurant located in the Platinum Triangle of… Read more
PRCP Plans Mixed-Use Revamp for The Shops at Palm Desert
Pacific Retail Capital Partners (PRCP) has acquired The Shops at Palm Desert, a nearly one-million square foot traditional, enclosed shopping mall in Palm Desert.… Read more
Value-Added Apartments Trade in San Diego’s Ocean Beach Neighborhood
Marcus & Millichap closed the sale of Sheila Lynn, an eight-unit apartment property located at 4840 Del Monte Ave. in the… Read more
Business Groups Ask Feds to Build Semiconductor Research Hub in CA
A coalition of California business-advocacy organizations has asked the Biden administration to build a semiconductor research facility in the state,… Read more
UCLA Team Takes Top Honors in NAIOP SoCal Real Estate Challenge
A five-member graduate student team from UCLA took home the silver shovel as the winner of the annual NAIOP SoCal USC vs.… Read more
Lathrop Apartments Score $51M Takeout Financing
JLL Capital Markets arranged a $51-million construction takeout financing for Mossdale Landing Apartments, a recently completed, Class A, 204-unit, garden-style… Read more
Red Mountain Offloads NNN Dollar Tree in Rancho Cucamonga
Red Mountain Group Inc., an Orange County-based retail redeveloper and operator, sold a 16,560-square-foot, triple-net-leased Dollar Tree located in Rancho… Read more
San Diego Office Tower Secures Two Full-Floor Tenants
ESET and Northwestern Mutual both committed to 10-year leases totaling 45,000 square feet at MetLife Investment Management’s 655 West Broadway… Read more
Safehold Closes on Ground Lease for Santa Clara LIHTC
New York City-based ground lease REIT Safehold, Inc. has closed on a ground lease to facilitate the ground-up development of… Read more
Stages of Grief Fade, Retail Sector Adjusting to New Normal
A mixed bag of expectations and projections highlighted the discussion among investment and finance professionals, mortgage brokers, and lenders at… Read more
BWE Secures $10M to Acquire UIUC Student Housing Portfolio
BWE, a national commercial and multifamily mortgage banking company, has secured a $10 million preferred equity investment to finance the… Read more
Newmark Promotes Jon Mackey to Lead Northwest Region
Newmark has promoted Jon Mackey to Northwest Region Market Leader. In his new role, Mackey will oversee the strategic operations… Read more