California
Birtcher Launches Construction on Rialto Logistics Facility
Birtcher Development has launched construction on Birtcher Logistics Center Rialto. Located in Rialto, the 492,410-square-foot high-cube logistics facility is expected to be… Read more
High-End Fitness Concept Coming to Macerich’s Santa Monica Place
High-end fitness concept Club Studio is coming to Macerich’s Santa Monica Place. The 48,000-square-foot Club Studio replaces the first level… Read more
CREW Orange County Opens Ticket Sales for SPIRE Awards
CREW Orange County is opening registration for the 11th Annual SPIRE (Superior Performance in Real Estate) Awards on July 20, with a… Read more
Clarion Snaps Up Colton Site Outside Inland Empire’s Development Moratorium
Los Angeles-based real estate investment firm Clarion Partners and Orange County-based investment firm EBS Realty Partners acquired a 19-acre industrial… Read more
Gantry Arranges $18M Refi on Two Self-Storage Properties
Gantry has secured $18 million to refinance two branded, Southern California self-storage facilities, including a recently constructed facility in Miramar… Read more
TCC, CBRE IM Break Ground on Life Sciences Project in Redwood City
Trammell Crow Company (TCC) and joint venture partner CBRE Investment Management, on behalf of a separate account client, broke ground… Read more
IDS Snags Fully Leased Azusa Industrial for $126M
Cushman & Wakefield advised on the sale of Azusa Industrial Center, a 432,500-square-foot, three-building industrial project located in Azusa. Built… Read more
Boston Ranks Seventh in U.S. for Tech Talent
Boston ranks #7 overall in CBRE’s 2023 Scoring Tech Talent report, with the metro area benefiting from a large number of… Read more
Aircraft Parts Giant Ditches LA for New Phoenix HQ
After looking at half a dozen locations, Unical Aviation settled on a 600,000 square foot site near Luke Air Force… Read more
Levain Bakery Establishes Flatiron Outpost at 122 Fifth Ave.
Levain Bakery has signed on to lease space at 122 Fifth Ave., the Bromley Companies’ 11-story, mixed-use project in the Flatiron District,… Read more
New England Sandwich Shop Chain Plans LA Expansion via Franchisees
The Boston-based inventor of the North Shore roast beef sandwich, Kelly’s Roast Beef, is targeting Los Angeles for growth as it continues… Read more
Anaheim Apartments Sell to Private Buyer in 1031 Deal
CBRE arranged the sale of a 12-unit multifamily property located at 921-927 S. Trident St. in Anaheim to a private investor… Read more
Inland Empire Multifamily Portfolio Goes for $53M
Marcus & Millichap closed the sale of a three-property multifamily portfolio in the Inland Empire. The properties, Rialto Breeze Apartments, a 98-unit asset… Read more
Software Maker Seismic Unveils New Global Headquarters
Software maker Seismic has opened its new, 21,000-square-foot global headquarters at 11455 El Camino Real in San Diego. The office, designed… Read more
Office Vacancies Rise in Silicon Valley, Yet Rents Hold Steady
Office vacancies in Silicon Valley rose during the second quarter, according to new reports from three major services firms. Cushman… Read more
California Adds Long Beach, Santa Rosa to Prohousing Community Roster
California’s Department of Housing and Community Development has designated Long Beach, Moreno Valley, Santa Rosa, Sonoma County and the Town… Read more
Swinerton Names New Director of Special Projects for Atlanta Office
Swinerton has added Katayoon (Kat) Alavian to the team in its Atlanta office as Director of Special Projects. Alavian shifts… Read more
Thorofare Capital Provides $52M Refi for Atlanta Multifamily Tower
Thorofare Capital, Inc. has provided a $52,150,000 loan to McKinley Homes for the refinancing and lease-up of 142 units within… Read more
JLL Secures $12M Loan for West Hollywood Community Housing
JLL Capital Markets secured $11.75 million in forward permanent financing for Third Thyme, a 104-unit, affordable multifamily community in Los Angeles’… Read more