California
Supervisors Extend Cap on Rent Increases in Unincorporated LA County
Los Angeles County supervisors voted Tuesday to extend a soon-to-expire cap on rent increases for rent-controlled units in unincorporated LA County. The… Read more
SoCal Locations Among Rite Aid Leases Up for Sale
A second tranche of Rite Aid store leases, including several in Los Angeles and Orange Counties, has been listed for… Read more
Leasing Veteran Drew Netherton Joins Cresa in OC
Drew Netherton has joined Cresa as a principal with its Orange County office. An industry veteran and native of Southern California,… Read more
CBRE Pre-Leases Rialto Shopping Center
CBRE has fully pre-leased the newly opened Rialto Village retail center in Rialto. The firm’s Brian McDonald, Walter Pagel and Hannah Curran represented the landlord,… Read more
Home School Provider Acquires New Sacramento HQ
Cushman & Wakefield advised the sale of a 63,387-square-foot Class A office building in Gold River, within the Sacramento metro… Read more
Sites Reservoir Project Fast-Tracked Through New Streamlining Law
The $4-billion Sites Reservoir project in the Sacramento Valley will be California’s first infrastructure project to be accelerated under the… Read more
Faris Lee Lists High-Yield Student Housing Portfolio in WI
Faris Lee Investments, an Irvine-based retail advisory and investment sales firm, has listed for sale a high-yield, low-risk portfolio comprising… Read more
Law Firm Acquires Single-Story Irvine Offices
CBRE recently arranged the $4.5 million sale of 17631 Fitch, a 9,073-square-foot office building in Irvine, to a local law firm.… Read more
Hanley Arranges Retail Pad Sale in Palm Desert
Hanley Investment Group Real Estate Advisors arranged the sale of a new construction, multi-tenant retail pad at Monterey Crossing, a newly… Read more
Hot Pot Chain to Open First WA Location at Cypress Apartments
Malubianbian, a Sichuan skewer hot pot restaurant, is coming to Vulcan Real Estate’s Cypress apartment building, marking the company’s first… Read more
Greystone Lines Up Loan for Luxury Vista Townhomes
Greystone has provided a $15-million Fannie Mae Performance Differentiation loan for a 45-unit multifamily property in Vista. The financing was originated by Tim Thompson, managing director… Read more
Burlingame’s 220 Park to House Bacchus Restaurant Concept
Joint venture partners Dostart Development Company (DDC) and Sares Regis Group of Northern California signed Bacchus Management Group to transform the restored… Read more
Belveron Pays $60M for SoCal Affordable Properties
Belveron Partners, one of the country’s largest owners of affordable housing, acquired Presidio Park in Santa Barbara and Pacific Terrace Apartments… Read more
Decron Adds Two Tenants to 6222 Wilshire Roster
Decron Properties signed lease agreements with two new tenants at 6222 Wilshire Blvd., its Class A office building in Los Angeles.… Read more
Integra Expands SoCal Footprint with LA, OC Offices
Integra Realty Resources (IRR), one of North America’s largest independent commercial real estate valuation and consulting firms, is expanding in… Read more
Birtcher JV Sells Nine-Building Industrial Incubator
CBRE facilitated the sale of the San Bernardino Industrial Center, a nine-building industrial incubator project located at 360-458 E. Rialto Ave. in… Read more
Partnership Bags Carlsbad Industrial in Off-Market Deal
Harbor Associates, LLC has acquired 5801 and 5807 Van Allen in a joint venture with F&F Capital Group in an… Read more
Lendlease and Google Part Ways on Silicon Valley Projects
Lendlease has ended its agreement with Google to build four neighborhoods in Silicon Valley, including Downtown West, an 80-acre mixed-use… Read more
$200M Atlanta Film Studio Builder Inks Major Player
Some film studio builders go after their dream without any guarantees from a studio to feed them business. An Atlanta-based… Read more