California
Wood Investments Scores San Clemente 99 Store in Off-Market Deal
Wood Investments Companies, Inc., a fully-integrated commercial real estate investment company specializing in retail, acquired a 25,500-square-foot, freeway-visible property occupied… Read more
Pacific Urban Furnishes Preferred Equity Toward $150M Purchase
Pacific Urban Investors’ Structured Finance Group provided preferred equity to Archway Equities to facilitate the $150-million acquisition of The Paseos… Read more
CoStar Commits to Two Floors with Irvine Company in La Jolla UTC
CoStar Group has signed a lease for 45,700 square feet at Irvine Company’s One La Jolla Center office high-rise in… Read more
Healthcare RE Developer Meridian Names Business Development Lead
Healthcare and life science real estate developer Meridian has hired Julissa Tellez Buchwald as VP of business development. She will… Read more
Rexford Forks Over $210M for LA Mid-Counties Industrial
Rexford Industrial Realty, Inc. acquired 9400 Santa Fe Springs Rd. in Santa Fe Springs, located in the LA – Mid-Counties… Read more
Prime Chatsworth Industrial Fetches Nearly $11M
Lee & Associates – LA North/Ventura principals Scott Caswell and Erica Balin have closed on the sale of a $10.7-million, 37,000-square-foot industrial building located at… Read more
Newmark Lines Up $55M Acquisition Loan for Costa Mesa Offices
Newmark arranged $55 million in acquisition financing for Canvas Costa Mesa, a 553,000-square-foot, five-building office complex in the SOBECA District… Read more
U. of La Verne Receives State Funding to Build New Learning Facility
The University of La Verne in Ontario is set to receive $8.5 million in state funding to help build a… Read more
CBRE Negotiates Sales of Three Carlsbad Restaurants
CBRE negotiated the sale of King’s Fish House, P.F. Chang’s and BJ’s Restaurant in Carlsbad for $23.525 million. Each property, located… Read more
Adaptive Reuse of Aronson Building Draws Largest PACE Financing to Date
CounterpointeSRE, a subsidiary of Counterpointe Sustainable Advisors, closed $255.9 million in PACE financing for the adaptive reuse of the historic… Read more
URW Sells San Diego’s Mission Valley Retail to Lowe, Real Capital Solutions
Unibail-Rodamco-Westfield (URW) has sold both parcels comprising the 1.1-million-square-foot Mission Valley shopping center in San Diego. The transaction amounts to… Read more
Merchants Capital Closes $196.5M Tax Credit Fund
Merchants Capital closed the Merchants Capital Tax Credit Equity Fund 15, L.P. (Merchants Fund 15). Merchants Fund 15 represents the… Read more
We’re Looking for More of CRE’s Most Influential Women
Nominations are open for Connect CRE’s 2023 Women in Real Estate Awards, and although response to our seventh annual program has been… Read more
AIR CRE Takes Members on Boat Tour of Long Beach Port
AIR CRE, an 1,800 member, Los Angeles-based commercial real estate trade association, conducted its sold-out Port of Long Beach Boat… Read more
1031 Investor Snaps Up Multi-Tenant Business Park for $14M
CBRE arranged the sale of Alcalde Business Center, a three-building, multi-tenant industrial business park in Laguna Hills, to a private investor. The… Read more
San Diego Apartments Find Buyer Quickly
Marcus & Millichap closed the sale of 1320 Felspar Street, a seven-unit apartment property located in the Pacific Beach neighborhood of San Diego.… Read more
ABS Acquires Shovel-Ready Rocklin Development Site
Cushman & Wakefield arranged the sale of a fully entitled 397-unit garden-style multifamily development site on 18.2 acres in Rocklin.… Read more
EV Maker Rivian to Open Chicago Showroom
California-based Rivian plans to open its first Chicago showroom location at a leased 5,160-square-foot space at 871 N. Rush Street… Read more