California
Rancho Cucamonga Retail Trades in 1031 Exchange
Progressive Real Estate Partners arranged the $7,450,000 sale of a 21,918-square-foot 100% occupied shop building at 10582 Foothill Blvd. in Rancho Cucamonga. Part of the 645,000-square-foot Terra… Read more
CBRE Pre-Leases Prologis Warehouse in San Leandro
CBRE arranged the pre-lease of a new Prologis warehouse development at 1919 Williams St. in San Leandro to Torani, a… Read more
UCSD Breaks Ground on $428M Triton Center
The University of California San Diego (UCSD) has broken ground on Triton Center, a $428-million project at the gateway to… Read more
Finding Proof of Sustainable Headquarters
In the current built environment, many companies fly their “sustainability” flags, broadcasting their efforts toward carbon reduction. But ProptechOS sought… Read more
Cress, Brasa Partner on Baldwin Park Industrial Deal
Cress Capital and Brasa Capital Management acquired a three-building, multi-tenant industrial property in Baldwin Park, within the San Gabriel Valley. Built… Read more
Garden Grove Multifamily Changes Owners After 60-Year Hold
CBRE arranged the sale of a 10-unit multifamily property in Garden Grove to a private buyer for $2.875 million, representing $287,500 per unit… Read more
San Diego Parcel Sells in Opportunity Zone
Marcus & Millichap finalized the sale of a 0.16-acre parcel of land located in San Diego. The asset sold for $1,600,000. Aaron Bove, senior… Read more
Union City Apartments Trade at Sub-4% Cap Rate
Transwestern Real Estate Services (TRS) brokered the sale of Summerhill Place Apartments, a 60-unit apartment building in Union City for $15 million. Shivu… Read more
Continental Realty Enters SoCal Market with OC Retail Buy
Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company active in 11 states, has entered the Southern… Read more
Pender Capital Launches Fund for Private CRE Debt
Los Angeles-based Pender Capital, a provider of short-term, senior secured commercial bridge loans, launched the Pender Real Estate Credit Fund,… Read more
CREW OC SPIRE Awards Draw Nearly 300
CREW Orange County announced the winners of the 11th Annual SPIRE (Superior Performance In Real Estate) Awards. The event drew… Read more
Ocean West Acquires Five Industrial Properties
Ocean West Capital Partners acquired five logistics-focused properties totaling nearly $100 million and comprising 1.83 million square feet in California’s… Read more
Cerberus Acquires Undeveloped Santa Clara Site
Cerberus Real Estate Capital Management LLC, acting through an affiliate, acquired an undeveloped 13.3-acre site in Santa Clara from Greystar… Read more
IPA Closes $107M Sale of Chatsworth Apartments
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of Summerset Village, a 280-unit multifamily property located… Read more
Triple-Net Valencia Car Wash Trades in Pre-Sale
Hanley Investment Group Real Estate Advisors arranged the pre-sale of a new BLISS Car Wash in Valencia. The sale price was… Read more
Shea Homes’ Peter Shea Passes Away, Age 88
Peter Owens Shea passed away at his Newport beach home on Oct. 23 after a long battle with Parkinson’s disease.… Read more
MMCC Arranges Take-Out Refi on San Diego Mixed-Use
Marcus & Millichap Capital Corporation (MMCC) arranged $2,750,000 for the refinancing of North of Market, a mixed-use retail and multifamily… Read more