California
Perris Warehouse Trades at Record-Setting Pricing
(Updated with additional information) CH Realty Partners and Blumenfeld Development Group sold a 333,572-square-foot industrial building fully leased to Cypress Medical… Read more
Carlsbad Parcel Will Support Development of Luxury Rentals
Marcus & Millichap closed the sale of a 0.72-acre parcel of land located in Carlsbad. The asset sold for $2,500,000. Aaron Bove,… Read more
FirstService Residential Acquires Willis Management, Grows NorCal Footprint
FirstService Residential has expanded its residential property management business in California with the acquisition of Willis Management Group, Inc., a… Read more
Greystone, Affinius Arrange $172M Refi on Koreatown Mixed-Use
Greystone and Affinius Capital LLC closed on a $172-million structured financing in connection with the refinance of Rise Koreatown, a newly… Read more
MDH Partners Expands Inland Empire Industrial Portfolio
Atlanta-based MDH Partners has made its second industrial purchase in California this month, acquiring Knox Logistics Center in Perris. The… Read more
Multifamily Sales Producers Rogers, Caniglia Rejoin JLL in SoCal
Blake Rogers and Alex Caniglia have rejoined JLL as multifamily investment sales producers. Rogers will serve as a senior managing director in the Los… Read more
Cintas Uniform Leases Outdoor Storage in Pico Rivera
BLT Enterprises leased its recently acquired 37,026-square-foot industrial outdoor storage property at 7748 Industry Ave. in Pico Rivera, which includes a 10,200-square-foot… Read more
Ontario Airport Sets Passenger Count Records for Second Consecutive Month
The Inland Empire’s Ontario International Airport (ONT) set a record in June for passenger volume, welcoming more than 559,000 travelers and breaking… Read more
San Diego Hotel’s New Owners Plan Significant Improvements
Marcus & Millichap closed the sale of Four Points Sheraton, a 224-key hospitality property located in San Diego. The asset sold for $13,000,000.… Read more
Tenant Rep Leader Christina Clark Joins Newmark
Newmark added Christina Clark as a vice chairman within its San Francisco Bay Area office. As a key leader in expanding Newmark’s Tenant Representation services,… Read more
Passco Travels Back in Time to Celebrate 25th Anniversary
Passco Companies recently celebrated its 25th anniversary. To commemorate the occasion, the Passco team traveled from their Irvine headquarters to… Read more
Berkadia Completes Sale, Financing of Two Multifamily Communities
Berkadia has completed the sale and financing of Tampa, FL garden-style communities The Palms at Ashley Oaks (130 units) and… Read more
LA Planning Commission Okays New Hollywood Offices
Plans for a new nine-story office building in Hollywood geared toward the entertainment and creative industries have been approved by… Read more
Klabin Negotiates Deal for Truck and Container Yard Near Port of LA
The Klabin Company/CORFAC International negotiated the sale of a 38,038-square-foot truck and container yard at 336 E. D St. in Wilmington near the… Read more
Video Game Developer Opening Second Seattle-Area Studio
Video game developer Electronic Arts (EA) is opening its second Seattle-area studio in less than a year. The studio will… Read more
Landmark San Diego Offices Undergo Renovation
Alaska Permanent Fund Corporation (APFC) has begun construction on its $13.4-million renovation of Five50West, a 20-story, 362,822-square-foot office building located at 550… Read more
Equinox Hospitality Makes Marin County Acquisition
Equinox Hospitality has acquired the Four Points by Sheraton San Rafael Marin County for $38 million. The acquisition marks Equinox’s fifth addition to… Read more
BRIDGE Housing Acquires Daly City Complex from AvalonBay
BRIDGE Housing said Thursday it purchased the 195-unit Eaves Daly City complex from AvalonBay Communities and will preserve at least half… Read more