California
A Back-to-Office Boost? Kind Of
Back-to-work mandates are becoming more commonplace, especially with COVID (more or less) receding in the rear-view mirror. But do these… Read more
Report: Post-Pandemic Behavior Will Continue to Impact Cities’ CRE
A McKinsey report suggests that demand for urban core office and retail space will continue to decrease in the coming… Read more
Capital Markets Veteran Bill Fishel Comes to Newmark
Capital markets debt and structured finance veteran Bill Fishel has joined Newmark as executive vice chairman. Fishel specializes in raising… Read more
Shea Properties Brings Seven Tenants to Cypress Center
Shea Properties has lined up seven tenants for The Square Cypress, a new mixed-use retail center with more than 31,000… Read more
Transportation Firm Establishes West Coast Base Near Ontario Airport
CRST The Transportation Solution Inc. will occupy a 125,480-square-foot warehouse at 1090 E. Belmont in Ontario, within the Inland Empire’s… Read more
MOB Adjacent to Scripps Encinitas Sells to LLC
Cushman & Wakefield arranged the sale of a two-story, multi-tenant medical office building in Encinitas, adjacent to the recently remodeled… Read more
Colliers Adds Leasing Team in Oakland
A new team of EVPs Charlie Allen and Anthony Shell, SVP Amber Merrigan and associate VP David Goldberg has joined… Read more
Newsom Signs Bills to Streamline CEQA Review for Infrastructure Projects
Gov. Gavin Newsom signed into law a slate of bills to accelerate approval and construction of infrastructure projects across California.… Read more
iBorrow Closes on Refi for Mixed Portfolio of LA Properties
iBorrow, a nationwide private direct lender for commercial real estate, closed on a $9.2-million loan to refinance a portfolio of three properties in… Read more
Trader Joe’s Acquires Palmdale Site for 1M-SF Distribution Center
GFI Realty Services closed on the $15.750-million sale of a 117.38-acre development site located in Palmdale. Trader Joe’s is constructing a 1.03-million-square-foot distribution facility on the… Read more
CBRE Arranges Sales of Three Fourplexes in OC
CBRE arranged the sales of three four-unit multifamily properties in Orange County for a total of $5.48 million to three separate… Read more
McCarthy Building Signs for 30K SF at Newly Developed One Paseo
McCarthy Building Companies, Inc. is expanding its presence in the San Diego market with the signing of a 30,000-square-foot lease for… Read more
ACORE Capital Adds Managing Director to Focus on Insurance Industry
Andrew Terry, former head of insurance at Schroders, has joined commercial real estate debt manager ACORE Capital, LP as a… Read more
Shopoff, Urban Pacific Forge JV on Build-for-Rent Concept
Shopoff Realty Investments and the Urban Pacific Group of Companies have created a joint venture partnership to further advance Urban Pacific’s… Read more
Lincoln Property Co. Acquires RiverRock, Adds 50M SF to Management Portfolio
Lincoln Property Company said Monday it had acquired RiverRock Real Estate Group, an Irvine, CA-based property and asset management firm.… Read more
Gelt Venture Partners Promotes Josh Satin to Partner
Gelt Venture Partners has promoted Josh Satin to partner. Satin, who transitioned from a successful career in professional baseball as… Read more
JPMC Names Vanessa Maren Head of CRE Digital Business
Vanessa Maren has joined JPMorgan Chase as head of commercial real estate digital business in commercial banking. Maren will oversee… Read more
Bandon Capital Arranges Refi on IOS Site
Bandon Capital Advisors recently arranged an $11.5-million loan to refinance a 3.11-acre covered-land industrial site with space for industrial outdoor storage… Read more
BKM Nabs Carlsbad Industrial, Plans Upgrades
BKM Capital Partners, a vertically integrated institutional fund manager, has acquired Commerce Carlsbad, an eight-building multi-tenant industrial park in Carlsbad. The… Read more