California
Santa Fe Springs Industrial Goes for Peak Pricing
KW Commercial regional managing director Jason DuFault arranged the $10.515-million sale of a vacant 31,373-square-foot industrial property in Santa Fe… Read more
Brixton Capital Snaps Up Stockton Shopping Center
Hanley Investment Group Real Estate Advisors recently completed the sale of Pacific Town Center, a 143,217-square-foot shopping center anchored by a… Read more
Luxury Apartments in Talmadge Fetch Highest Per-Door Price
Marcus & Millichap closed the sale of Tavarua Luxury Apartments, a 12-unit apartment property located in the Talmadge neighborhood of San Diego.… Read more
CBRE Arranges Construction Loan for Future Trader Joe’s
CBRE arranged $8 million in acquisition and construction financing on behalf of Fulton Retail DE1, LLC. Fulton Retail has acquired… Read more
California Leads U.S. for Housing Shortfall
Housing underproduction in California reached a shortage of 881,354 homes in 2021 for a first-place ranking among U.S. states for… Read more
Oak Street Health Property in Chicago Bought by California Investor
Marcus & Millichap closed the sale of Oak Street Health, a 7,466-square-foot net-leased medical property. The property is located at… Read more
Citizens Private Bank Launches in New York
Citizens Financial Group, Inc. has rolled out Citizens Private Bank nationally in New York City, marking a significant step in… Read more
DC Coworking Spaces Drops 4% in Q3
In the third quarter of 2023, the number of coworking spaces in the U.S. remained relatively stable, with only a… Read more
It’s Time to Nominate Standout Commercial Real Estate Attorneys
End-of-day on Friday, Oct. 27 is the deadline for submitting nominations for Connect CRE’s fourth annual Lawyers in Real Estate Awards. We believe there are… Read more
$65M Cold Storage Facility Could Be Headed for Lockhart
One of the nation’s most prominent developers is behind an effort to build a $65 million cold storage facility in… Read more
Rivian Locks in Start Date for $5B Atlanta Factory
Rivian Automotive has confirmed that it will move ahead with construction on a factory in Georgia early next year. It plans… Read more
AHF Closes on Carson Warehouse Buy
The AIDS Healthcare Foundation (AHF) purchased a 53,978-square-foot warehouse/distribution facility at 18421 S. Main St, in Carson for $20,000,000. The seller, Shultz Properties, was… Read more
Regency Acquires Ground Lease on Orange Retail
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of the leasehold interest in a long-term ground… Read more
NexPoint Launches DST Offering for Temecula Semiconductor Plant
Dallas-based NexPoint, an alternative investment firm with $14.4 billion in assets under management, has launched NexPoint Semiconductor Manufacturing DST, a Delaware Statutory Trust… Read more
Herndon Capital Makes First San Diego Acquisition
Walker & Dunlop has completed another multifamily sale in the San Diego area, closing an $18.25-million deal for Pacific Cove, an 81-unit apartment community. For buyer… Read more
Bayer Opens $250M Cell Therapy Facility in Berkeley
Fluor Corporation said Thursday it had completed construction of Bayer AG’s $250-million global Cell Therapy Launch Facility, part of the life… Read more
Return to Lender: Week of Oct. 19, 2023
Hear from the leaders in loan advisory and special servicing during a panel on distressed assets at Connect Investment & Finance… Read more
Historic Covina Bowl Listed for Sale
Stream Realty Partners has been named sales agent for Covina Bowl, a historic property that recently underwent a major restoration. Owned by The… Read more