California
Berkadia Helps Finance, Sell Denver-Area Apartment Community
Berkadia has arranged the sale and financing of Trailpoint on Highline, a 198-unit apartment community located in Aurora, Colorado. Berkadia’s… Read more
Nominations Are Now Open for Connect CRE’s 2023 Women in Real Estate Awards
For the seventh consecutive year, Connect Commercial Real Estate will honor women whose talent, drive, leadership and fresh ideas have… Read more
Silverstein Signs Brown & Riding at DTLA’s U.S. Bank Tower
Brown & Riding Insurance Services Inc., one of the largest wholesale insurance brokerage firms in the United States, signed a 10-year, 13,043-square-foot… Read more
Westminster Apartments Trade to Local Buyers
CBRE finalized the sale of a 17-unit multifamily property located at 13931-13951 Illinois St. in Westminster. The sale price was $6 million,… Read more
Hanley Closes Pair of Single-Tenant Sales in Imperial Valley
Hanley Investment Group Real Estate Advisors arranged the sale of two new construction single-tenant net-leased retail investments to two different buyers… Read more
Meriwether Acquires “Diamond in the Rough” Golf Resort
Meriwether Companies, a private real estate investment and development firm based in Santa Monica, has acquired Morgan Run Club &… Read more
Graceada Offloads Multi-Tenant Sacramento Industrial
Modesto-based investment firm Graceada Partners has sold 915 N. B St., a 108,690-square-foot multi-tenant industrial development, in Sacramento. Terms of the… Read more
LA City Council Exempts Affordable Projects from Site Plan Review
The Los Angeles City Council has voted to exempt affordable housing projects from the Site Plan Review process, which is… Read more
Northmarq Facilitates Sale of Mission-Critical $8.65M Industrial Property
Senior Vice President and Managing Director BJ Feller and Senior Investment Analyst Josh Dicker, in Northmarq’s Chicago investment sales office,… Read more
El Rancho Supermercado’s Bought by CA Grocer
California grocer Heritage Grocer’s Group has absorbed all 27 El Rancho Supermercado stores in Texas and one in Kansas. El… Read more
CIM Group Launches Development at West Angeles Church Campus
CIM Group was joined by Pastor Charles Blake II, pastor of West Angeles Church of God in Christ, and Los… Read more
Goodman North America Scores 29-Acre Farmer John Site in Vernon
Colliers closed the sale of the Farmer John site, a large-scale 29-acre industrial infill site in Vernon primed for redevelopment.… Read more
Faris Lee Adds Eric Ramirez as Managing Director
Faris Lee Investments has added Eric Ramirez as managing director. With more than 20 years of experience in commercial real… Read more
Inland Empire Industrial Vacancies Tick Upward in Q2
Direct vacancy in the Inland Empire industrial market ticked upward 20 basis points to 2.9% in the second quarter of… Read more
Levin Johnston Team Completes Six Bay Area Deals
Levin Johnston of Marcus and Millichap has closed six multifamily transactions in the Bay Area totaling more than $19 million.… Read more
Apple Picks Up Vacant Cupertino Offices at Deep Discount
Apple has snapped up a big Cupertino office building in a purchase that points to the tech titan’s expansion mode,… Read more
Phase One of Koreatown Mixed-Use Reaches Completion
Cal-Coast Development Corp. and Rescore Property Corporation have completed phase one of The Rise Koreatown, a 688,000 square-foot, seven-story mixed-use residential and… Read more
Multifamily Redevelopment Opportunity Sells to Watermarke
Newmark closed the $36.3-million sale of 200 and 201 E. Sandpointe, a multifamily redevelopment opportunity in Santa Ana. Part of… Read more
Weekly People & Company News
Beginning this week, Connect CRE California will provide a roundup of hiring, promotion and company news from across the state… Read more