California
Walmart.com Inks Massive Office Sublease in Sunnyvale
Walmart’s digital unit has agreed to sublease Moffett Green, a four-building office complex that totals 719,000 square feet in Sunnyvale,… Read more
3,000 Acre Business Park Advancing in N. Arizona
Atlas Global plans to develop a 3,000+ acre industrial site in Winslow, Ariz. supporting an investment in the city’s future… Read more
Amazon Investing in Grocery Business, Opening More Stores
Amazon is breathing new life into its grocery business after halting efforts earlier this year and pausing the rollout of… Read more
Mullen Automotive Leases 122K SF in Fullerton
CBRE facilitated a new lease for electric vehicle startup Mullen Automotive of a 121,615-square-foot industrial building at 1500 E. Walnut… Read more
Value-Add Apartments Trade in West Hollywood
Marcus & Millichap closed the sale of 8514 Sherwood Dr., a twelve-unit apartment property located in the Tri-West submarket of… Read more
Vista Sale Continues Owner-User Trend in San Diego County
2440 Grand, LLC has acquired a 14,973-square-foot freestanding industrial building located on 2.09 acres at 2440 Grand Ave. in Vista… Read more
Gantry Arranges Refi on Petaluma Shopping Center
Gantry secured a $9.5-million permanent loan to refinance the Plaza North Shopping Center located at 201-313 N, McDowell Blvd. in… Read more
Nordstrom Closing Tukwila Quality Center
Nordstrom will close a quality center that processes returned merchandise in Tukwila, reported the Puget Sound Business Journal. Additionally, the… Read more
California Housing Affordability Falls to 16-Year Low
With borrowing costs reaching all-time highs and home prices continuing to climb, California housing affordability declined for the second straight quarter and… Read more
Molto Launches 4th Inland Empire Spec Industrial
Chicago-based Molto Properties has closed on construction financing and broken ground for an 86,690-square-foot warehouse in Fontana. This project will… Read more
Lightstone Lends $29M on Oceanside Multifamily
Lightstone Capital, the real estate debt platform of Lightstone, provided a $29-million senior bridge loan to a partnership between Pelican Communities and Brooks… Read more
IEC Acquires Bay Area, Seattle Apartment Properties
Interstate Equities Corporation (IEC) has finalized three multifamily acquisitions totaling about $68 million. Totaling 253 rental apartments in Washington State and Northern… Read more
IEC Acquires Multifamily Communities in WA, CA for $70M
Interstate Equities Corporation (IEC) has finalized three acquisitions totaling about $68 million. The deals total 253 rental apartments in Washington… Read more
Actors’ Strike Ends; Economic Impact Likely to Linger
The actors’ strike against media companies has ended after nearly four months, with SAG-AFTRA approving a tentative deal with the… Read more
Multifamily Sale Illustrates Steady Returns in Suburbs
Northmarq completed the $40-million sale of Sunset Square, a 140-unit multifamily property located at 745 N. Sunset Ave. in West… Read more
American Healthcare REIT Enters Purchase Agreement for Seniors Operator
Irvine-based American Healthcare REIT, Inc. (AHR) has entered into a purchase agreement to acquire all of the minority membership interest… Read more
Moreno Valley Apartments Trade as Heavy Value-Add Opportunity
CBRE facilitated the $8.72-million sale ($181,667 per unit) of a 48-unit multifamily property, Bevia Apartments, at 13260 Heacock St. in Moreno Valley,… Read more