California
California People and Company News for Sept. 8, 2023
Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with… Read more
Macy’s Signs with Kimco for Small-Format Store in Santee
Macy’s signed a 30,000-square-foot lease for a small-format store at Santee Trolley Square, located at 9918 Mission Gorge Rd. in… Read more
Expanded Milpitas Residential Parcel Sells to Toll Brothers
The True Life Companies (TTLC) has sold South Main Street and Panchal Assemblage to Toll Brothers. South Main Street is a… Read more
Natural Disasters: Costlier Than You Might Think
August was a busy month for natural disasters. A series of wildfires broke out in Hawaii in the early part… Read more
Report: Global Cross-Regional Flows Fall 52% YoY
Cross-regional flows between North America, Europe and Asia-Pacific totaled $30.5 billion in the first half of 2023. The figure represents… Read more
JPMorgan Set to Acquire Activision Blizzard HQ from CalSTRS
JP Morgan Asset Management is poised to acquire the Activision Blizzard headquarters in Santa Monica from the California State Teachers’… Read more
N. Texas Multifamily Leader to Kick Off Third Grand Prairie Project
JPI is North Texas’ most prolific builder of multifamily projects, and the company shows no signs of slowing. The company… Read more
Westlake Village Life Science Campus Launches Construction
Westlake Labs, a 100,000-square-foot life science campus in Westlake Village, is currently under construction for 35,000 square feet of speculative lab and office.… Read more
Marcus & Millichap Closes Sale of Manufactured Home Park in Lakewood
Marcus & Millichap closed the sale of Los Amigos Mobile Home Park, a 72-site manufactured home community on 7.46 acres… Read more
Brennan, WDIP Team Up on Temecula Sale-Leaseback
Brennan Investment Group has partnered with Walker & Dunlop Investment Partners to acquire a freestanding manufacturing and distribution facility. It totals… Read more
CareTrust REIT Acquires Vista SNF Through Joint Venture
CareTrust REIT said Wednesday it had completed a joint venture investment to acquire La Fuente Post Acute, a 187-bed skilled… Read more
Landsea Opens Alameda Townhome Development
Landsea Homes Corporation said its newest Bay Area community, Alameda Marina, has officially grand opened. Homes are now selling and model homes are available… Read more
Port of LA Issues Draft Plan for San Pedro Waterfront Connection
The Port of Los Angeles released a draft Waterfront Connectivity Plan for San Pedro, a long-term planning and visioning document… Read more
CBRE Arranges the Sale of $13.4M Indiana Logistics Building
CBRE has arranged the sale of Building 4 within the Mount Comfort Logistics Center, a 318-acre, master-planned Class-A logistics park… Read more
Chevron Buys 77 Acres in Cypress for New Research Campus
The potential of the Bridgeland master-planned community in Cypress was the primary reason Chevron purchased land for a corporate campus.… Read more
ExchangeRight Subscribes DST Offering Across 11 States
ExchangeRight, one of the nation’s leading providers of diversified real estate DST and REIT investments, fully subscribed its Net-Leased Portfolio… Read more
TMG Closes Sale of Whittier Apartments with 99-Year Ground Lease
The Mogharebi Group (TMG) arranged the $31.25-million sale of Citrus Court, 138-unit apartment community in Whittier. The garden-style community located at… Read more
Left Coast Brewing Joins Tenant Roster at Ontario Neighborhood Center
Lewis Retail Centers has signed a 5,000-square-foot lease with San Clemente-based Left Coast Brewing Company at The Collection, a 96,000-square-foot neighborhood… Read more
Alloy Properties Completes Life Science Conversion in Sorrento Mesa
Alloy Properties has completed the office-to-life science construction of Elements, a three-building, 290,000-square-foot life science campus located on 7.9 acres at 10201-10241… Read more