California
CBRE Sells 300-Unit Pasco MF to San Francisco Investor
CBRE facilitated the sale of The Crossings at Chapel Hill, a 300-unit multifamily community in the Tri-Cities, to San Francisco-based… Read more
BKM Teams with StepStone Real Estate for Light Industrial Portfolio
Newport Beach-based BKM Capital Partners formed a partnership with StepStone Real Estate, the real estate arm of global private markets… Read more
StarPoint Building Phoenix Multifamily/Industrial Projects
Beverly Hills, California-based StarPoint Properties bought two Phoenix-area properties during the Covid epidemic and bided its time until market conditions… Read more
CGI+ Delivers Its First Standalone Retail Development to Los Feliz
CGI+ Real Estate Investment Strategies has delivered its first standalone retail development, a 31,000-square-foot grocery in Los Angeles’ Los Feliz… Read more
Modesto Retail Pad Sells in All-Cash, Non-1031 Transaction
Hanley Investment Group Real Estate Advisors closed the sale of a 6,402-square-foot multi-tenant retail pad building shadow-anchored by a Save Mart… Read more
JLL Arranges Forward Sale of Otay Mesa Distribution Center
JLL Capital Markets recently arranged the forward sale of Runway Distribution Center, a newly built distribution facility totaling 199,997 square feet in Otay Mesa.… Read more
King Street Launches First Bay Area Life Science Project
King Street Properties broke ground on The Landing in Burlingame, marking the life science development firm’s first development in the San Francisco… Read more
Farallon Capital Exceeds Target with $650M Fundraise
San Francisco-based Farallon Capital Management, L.L.C. reached the final closing of its fourth US-focused opportunistic real estate fund structure, Farallon Real Estate Partners… Read more
White Paper Details Who’s Returning to the Office
Although return-to-office mandates seem to be everywhere, few workplaces are demanding that people show up in person five days a week, says Placer.ai… Read more
Chicago Sees Year-Over-Year Surge in Construction Starts
The value of commercial and multifamily construction starts in Chicago grew 64% through the first half of 2023, the Chicago… Read more
CapRock Acquires Multi-Tenant Industrial in San Gabriel Valley
CapRock Partners has acquired Valley Center Business Park, a 6.47-acre multi-tenant industrial complex in City of Industry, from a private owner… Read more
Shaffer/Bohbot Team Joins Slatt Capital in LA
Veteran capital markets professionals Bryan Shaffer and Ruben Bohbot have joined Slatt Capital’s Los Angeles office. Shaffer will join as… Read more
CREW OC Launches Ticket Sales for Summer Soiree Fundraiser
CREW Orange County, a chapter of the national Commercial Real Estate Women Network, has launched ticket sales for its annual Summer Soiree… Read more
AI Tenants Lease 133K SF in San Francisco
AI’s hot streak in the Bay Area tech sector is continuing with four San Francisco office leases signed in the… Read more
WMC Poised to Terminate Merger Agreement with Terra Property Trust
Western Asset Mortgage Capital Corporation (WMC) said late Thursday that its board had determined that the unsolicited stock-and-cash proposal from… Read more
Bandon Arranges Refis on MOB, Industrial Across from SoFi Stadium
Bandon Capital Advisors, a commercial mortgage banking and capital advisory firm based in Los Angeles, recently arranged two financing transactions… Read more
Neighborhood Shopping Center Secures $17M Permanent Loan
Gantry secured a $17-million permanent loan to retire bridge financing for the Village Center neighborhood retail center located at 17900 Magnolia… Read more
Weekly People and Company News for July 28
San Diego-based Douglas Wilson Companies (DWC), a national leader in specialized business, receivership and real estate services, has hired Stephen… Read more
Fashion Brand MORGANE LE FAY Relocates to 630 Ninth Ave
Luxury women’s fashion brand MORGANE LE FAY has signed a new lease for 4,422 square feet on the 14th floor… Read more