California
Harbor Associates JV Pays $55M for Gardena Industrial
Harbor Associates, LLC in joint venture with Evergen Equity acquired a 126,015-square-foot industrial real estate portfolio in the Los Angeles submarket… Read more
Kidder Mathews Hires Retail Investment Sales Duo from CBRE
Kirk Brummer and Eric Shain have joined Kidder Mathews’ office in Orange County. The team specializes in the disposition, acquisition, valuation and repositioning of retail… Read more
Mixed-Use Palm Springs Property Trades for $7M
CBRE arranged the sale of 803 N. Palm Canyon Dr., a 20,933-square-foot mixed-use property in Palm Springs, to New Dawn Enterprises LLC for $7.3… Read more
Brixton Capital Brings in Rob Taylor as CIO
San Diego-based Brixton Capital has hired Rob Taylor as executive managing director and chief investment officer. He will be responsible… Read more
Half Moon Bay Retail Completes 1031 Deal
Matthews Real Estate Investment Services recently completed the $34,000,000 sale of Strawflower Village Shopping Center located at 50 Cabrillo Hwy… Read more
Alexandria Brings Eli Lilly to San Diego Life Science Cluster
Alexandria Real Estate Equities formed an exclusive partnership with longstanding tenant Eli Lilly and Company to expand Lilly’s Gateway Labs… Read more
Huge C. Florida Ranch Sold for Solar Farm
Florida Power & Light has paid $212 million for a 40,000-acre ranch in Osceola. The Orlando Business Journal reports the… Read more
Sands Investment Group Launches Capital Markets Platform
Sands Investment Group (SIG) has launched a capital markets division led by new hire and managing director Miguel Jauregui. He will work out… Read more
CBRE Moves Goodwill of OC into Former Big Lots
CBRE’s Walter Pagel and Hannah Curran represented Goodwill Industries of Orange County in negotiating a new retail lease in Orange. The 13,156-square-foot building is located at… Read more
Wonderful Reaches Milestones on 1M-SF Spec Build
Walls are up and other major construction milestones have been reached at Wonderful Industrial Park’s latest one-million-square-foot speculative development in… Read more
MMCC Arranges $18M of Construction Loans in Escondido
Marcus & Millichap Capital Corporation (MMCC) arranged $9,200,000 and $9,115,068 construction loans for the development of a multifamily property located… Read more
Swenson Lands Approvals for Los Gatos Senior Housing
San Jose-based development and construction firm Swenson recently received entitlement approval for its senior housing project in Los Gatos. Located… Read more
Opportunities Materialize as Retail Sector Rises from Ashes
Commercial real estate brokers are often the industry bellwether for all that’s good and bad. It is no surprise that… Read more
Henderson Grocer HQ Changes Hands
SRS Real Estate Partners has completed the $13.065 million sale-leaseback of a single-tenant, 33,764-square-foot building at 160 N. Stephanie Street in… Read more
Traveler’s Insurance Lease Brings Diamond Bar Offices to Full Occupancy
CBRE’s Philip Woodford and Steven Saunders represented Buchanan Street Partners LP, the landlord of Gateway Corporate Center in Diamond Bar, in negotiating a 66-month… Read more
CBRE Adds Retail Leasing Team from JLL in West LA
A three-person retail leasing team has joined CBRE’s Advisory & Transaction Services practice in West Los Angeles to bolster the firm’s… Read more
San Jose Hotel’s Southern Tower Will Transition to Student Housing
Mill Valley-based Throckmorton Partners, acting through an affiliate, paid $73.1 million to buy the southern tower of the Signia by… Read more
Tucson Power Center Sells for $25.5M
A Home Depot anchored retail center at Oracle and Wetmore in Tucson was sold for $25.5 million, a $12.5 million… Read more
LA Car Wash Trades as Redevelopment Opportunity
Matthews Real Estate Investment Services completed the $8,000,000 sale of 7220 Maie Ave. in Los Angeles. The property, which housed… Read more