California
PCCP Provides $42M Refi on Lathrop Industrial
PCCP, LLC has provided a $42-million senior loan to a joint venture of Phelan Development and LaSalle Investment Management for… Read more
Bill Would Preserve Affordability in 22K San Diego Apartments
The Land Use and Housing Committee of the San Diego City Council endorsed a proposed law that would require the… Read more
Urban Land Development Unveils Office Lounge at 150 Post
San Francisco-based Urban Land Development (ULD) has opened an office lounge known as MELA, Sanskrit for “gathering place,” for tenants of 150 Post, its office buildings in San Francisco’s Union Square. Located… Read more
Tejon Ranch Secures $160M Credit Facility
Tejon Ranch Co. said Monday it had closed on a new $160-million unsecured revolving credit facility with AgWest Farm Credit.… Read more
Ashley Building $100M Phoenix-Area Hub, Hiring 200
Ashley Furniture plans to develop a new 1.05 million-square-foot industrial facility on 75 acres in the West Valley city of… Read more
Vestar Names Property Management VP for West Coast
Shopping center owner/manager Vestar has appointed Eddie Ollmann as VP of property management for its West Coast region, comprising more… Read more
Stream Realty Taps Newmark to Lease Oxnard Industrial
Newmark has been appointed by Stream Realty Partners to lease the fully entitled 101 Logistics Center, a 750,000-square-foot, four-building, Class… Read more
SCAG Releases Draft of 2024 Transportation/Sustainability Plan
The Southern California Association of Governments (SCAG) recently released its draft Connect SoCal 2024 Regional Transportation Plan/Sustainable Communities Strategy, outlining direction… Read more
’70s-Themed Restaurant/Bar Coming to San Diego’s Gaslamp Quarter
Urban Property Group (UPG) has secured the lease of 12,000 square feet for ’70s-themed restaurant/bar Good Night John Boy at… Read more
Triple-Net El Pollo Loco Fetches $3M
JLL Capital Markets has closed the $3.3-million sale of 910 Andersen Dr. in San Rafael, a 2,626-square-foot, single-tenant retail building that is triple-net-leased… Read more
Google to Open SoCal’s First Code Next Lab at Hollywood Park MXU
Google will design, build and open a Code Next Lab at Hollywood Park in Inglewood, a nearly 300-acre sports and… Read more
Digging into Office Debt Maturities
This is the fourth in a series of articles that examine the truth behind the negative headlines. The previous articles… Read more
Candice Barter Receives BAC Architecture Award
Candice Barter, principal at E4H Environments for Health Architecture, was honored with the 2023 Distinguished Alumni in Architecture Award from… Read more
Austin Leads U.S. for STEM Job Growth; Denver and DC in Top Five
Austin, Denver, Seattle, Raleigh and Washington, DC are the top markets for momentum in STEM jobs growth, according to RCLCO Real Estate Consulting,… Read more
Gantry Secures CMBS Deal on DaVita Regional HQ
Gantry secured $15.3 million of permanent financing for a 51,000-square-foot, one-story, single-tenant flex-office building located at 601 Hawaii St. in… Read more
Construction Launches on Student Housing at Cal State Northridge
C.W. Driver Companies has begun construction on a 198-bed student housing complex at California State University, Northridge (CSUN). Once completed… Read more
MIG Real Estate Nabs Mission Viejo Industrial Park
MIG Real Estate LLC recently acquired Mission Viejo Business Center in Mission Viejo, California, a 100,295-square-foot, six-building industrial site, from… Read more
McCarthy Building Cos. Leases 15K SF at BPG’s One Sansome
Barker Pacific Group (BPG) recently secured two leases totaling more than 21,000 square feet at One Sansome, its 42-story office tower in San… Read more