California
Rubicon Point Acquires PayPal-Leased Townsend Building in SF
Rubicon Point Partners has acquired The Townsend Building, a six-story, transit-oriented, brick and timber building located at 123 Townsend St. in San… Read more
Catellus Nearly Set for Kickoff of $257M Colony Park Development
Catellus Development has been at it for over a decade, but things are finally starting to look like this development… Read more
Realty Income to Acquire Spirit in $9.3B Deal
Realty Income Corporation and Spirit Realty Capital, Inc. have entered a definitive merger agreement by which Realty Income will acquire… Read more
Rexford Closes $245M of Deals in Irwindale
Rexford Industrial Realty, Inc. completed investment activity of $245 million for two Irwindale properties within the LA – San Gabriel Valley industrial… Read more
Buchanan Street Extends into NorCal with Self-Storage Buy
Buchanan Street Partners, LP, a Newport Beach-based real estate investment management firm, has entered the Northern California market, acquiring a… Read more
1031 Buyer Pays $35M for Pomona Apartments
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the sale of Terramonte at Foothill, a 138-unit apartment property… Read more
Berkadia Hires Veteran Bay Area Multifamily Sales Team
Berkadia added senior managing director Jason Parr and managing director Scott MacDonald to its investment sales platform. They will be… Read more
Five Tips to Ensure TODs Spark Economic Development
By Matt Marquez The dramatic rise in hybrid and work-from-home employment driven by new communications technologies, low unemployment rates, and… Read more
NewMark Merrill Picks Up Two More Chicago Retail Properties
NewMark Merrill Companies, Inc., a Calabasas, California-based retail shopping center owner and development company, has facilitated the acquisition of Pulaski… Read more
Coworking Space Q3: Continued Demand, Consistent Supply
The nationwide coworking space inventory stabilized in Q3 2023, following an impressive 10% growth between this year’s first and second… Read more
JLL Closes $115M Financing for Playa Vista Apartments
JLL arranged the $115-million financing for The Ventana Luxury Apartments, a 405-unit, low-rise multi-housing community located in the master-planned community of… Read more
NewMark Merrill Opens Fully Leased Rialto Center
NewMark Merrill Companies has opened Rialto Village, a newly developed and 100% leased 96,011-square-foot grocery-anchored center in South Rialto. The company hosted… Read more
Family Trust Divests La Mesa Mixed-Use
Marcus & Millichap closed the sale of Maple & University, a 5,950-square-foot mixed-use property located in La Mesa. The assets sold for $1,925,000. The… Read more
SRS Real Estate Adds SVP in San Francisco
SRS Real Estate Partners has named Jeff Gates as SVP for the firm’s Capital Markets practice in San Francisco. He specializes in… Read more
Judge Dismisses Suit Against Measure ULA
A Los Angeles County judge dismissed a lawsuit challenging Measure ULA, the so-called “mansion tax,” the Los Angeles Times reported.… Read more
Gantry Secures $8M for Chicago South Loop Self Storage
Gantry has secured an $8 million permanent loan to refinance existing debt on a South Loop self-storage facility converted from… Read more
Jonathan Lee, Shahin Yazdi Join Colliers Mortgage
Colliers Mortgage, the debt financing arm of Colliers | U.S., has appointed industry veterans Jonathan Lee and Shahin Yazdi as… Read more