California
CBRE Promotes Laura Barr to Americas Retail Leader
CBRE appointed industry veteran Laura Barr as Americas retail leader for its Advisory & Transaction Services line of business, based… Read more
Simon Ready to Begin Mixed-Use Brea Mall Revamp
Simon will launch a long-planned, multimillion dollar redevelopment at Brea Mall, What Now Orange County reported. The multi-year project, which… Read more
Walker Webcast: Willy Walker on Commercial Real Estate, Economic Trends and Politics
The past year has been volatile for commercial real estate, between ever-escalating interest rates, pending debt maturities, questions of an… Read more
Chicago’s Oxford Capital Debuting Four San Francisco Hotels
Chicago-based Oxford Capital Group is debuting four rebranded hotels: Hotel Julian San Francisco (formerly Hotel Vertigo), SoMa House (formerly Americania Hotel), Hotel Garrett (formerly Good Hotel), and Hotel… Read more
Transwestern Development Launches First Palmdale Project
Transwestern Development Company (TDC) broke ground on a 98,850-square-foot industrial facility, Legacy at Palmdale, located in the Fairway Business Park on… Read more
NewPoint Adds Two Loan Originators in Irvine
NewPoint Real Estate Capital has added Laurie Morfin as Senior Managing Director and David Bleiweiss as Managing Director to its originations team,… Read more
New-Construction Starbucks Drive-Thru Sells to 1031 Buyer
Hanley Investment Group Real Estate Advisors arranged the sale of a new construction, single-tenant Starbucks Drive-Thru in Fresno for $3.18 million. The property… Read more
Scripps Ranch Industrial Fetches $34M
Colliers has closed the $33,998,888 sale of an 85,824-square-foot industrial property located at 10054 Old Grove Rd. in San Diego. Originally built in 1982 for… Read more
Oxford Capital Rolling Out Four Rebranded Hotels in San Francisco
Oxford Capital Group, LLC will unveil four rebranded hotels in San Francisco this fall. They include Hotel Julian San Francisco (formerly Hotel Vertigo,… Read more
Prologis Boosts Strategic Capital Funds by $500M
Prologis, Inc. said Tuesday it had cleared all redemption requests as of June 30 for its two major strategic capital funds,… Read more
BGO Rolls Out Network of Prebuilt Offices Across U.S. Portfolio
Global real estate investment management advisor BGO said Tuesday it had launched MIRO (Move-in Ready Offices) to provide small- and… Read more
Sale of Wingate by Wyndham Near LAX Overcomes Market Hurdles
Lee & Associates arranged the sale of a Wingate by Wyndham Hotel located at 10300 La Cienega Boulevard in Inglewood. The property, near… Read more
Rexford Signs EV Manufacturer to Garden Grove Lease
Colliers arranged a 165,171-square-foot lease by electric vehicle manufacturer Harbinger Motors Inc. in Garden Grove. Colliers’ industrial team of Clyde… Read more
San Diego Apartments Trade with Creative Seller Financing
Marcus & Millichap recently finalized the sale of 1534 Diamond St., an eight-unit apartment property located in the Pacific Beach neighborhood… Read more
Westcore Acquires 3.5M-SF Industrial Portfolio in Bay Area, SoCal
Westcore, a leading industrial real estate acquisition, development and asset management firm, acquired the 3.5 million-square-foot Odyssey Portfolio, comprised of… Read more
City of Concord Selects Brookfield to Redevelop Naval Weapons Station
The Concord City Council has selected Brookfield Properties to redevelop the former Concord Naval Weapons Station, the San Jose Mercury… Read more
Lovett and PCCP Combine on 1.4M SF Industrial Building Buy
Houston’s Lovett Industrial and Los Angeles-based PCCP LCC have acquired The Claymoore Portfolio, a collection of 10 buildings totaling roughly… Read more
Lynwood Parcel Sells to Industrial User at a Premium
The Klabin Company/CORFAC International finalized the sale of a 66,450-square-foot parcel of land at 2903 Lynwood Rd. in Lynwood. Matt Stringfellow,… Read more
JPI Goes Vertical on 482-Unit Riverside Rental Project
Multifamily developer JPI has begun vertical construction on The Exchange at Riverside, which will bring 482 rental units to Riverside. The milestone was… Read more