California
Prologis Expands in Atlanta as Part of $3.1B Industrial Buy
Prologis is set to acquire nearly 14 million square feet of industrial properties from Blackstone for $3.1 billion, funded by… Read more
Retail Site in Torrance Trades for Residential Redevelopment
CBRE closed the $21-million sale of 22501 Hawthorne Blvd., a 3.82-acre redevelopment site in Torrance, to Intracorp Homes. The team of John… Read more
EB-5 Expert Jonathan Bloch Joins Ervin Cohen & Jessup
Jonathan Bloch has joined the real estate practice at the Beverly Hills-based business law firm Ervin Cohen & Jessup LLP. He is… Read more
Hanley Closes Sale of Ross-Anchored Shopping Center in Fresno
Hanley Investment Group Real Estate Advisors recently completed the sale of Ash Tree Square, an 80,877-square-foot shopping center at 1029-1077 E.… Read more
Private Investor Snags North Park Multifamily
Marcus & Millichap closed the sale of 4167-71 Kansas St., a four-unit apartment property located in San Diego’s North Park neighborhood. The… Read more
Nonprofit SupplyBank.org Plans Office, Warehouse Facility in Oakland
Oakland nonprofit SupplyBank.org, which distributes essential supplies to under-resourced populations, is moving forward with plans to build a mixed-use complex… Read more
$947M Loan Goes to West Coast’s Largest Apartment Complex
Newmark Group secured a $947-million loan for Los Angeles’ historic Park La Brea, the largest apartment community on the West… Read more
Prologis Acquires $3.1B of Blackstone Industrial
Prologis has agreed to acquire nearly 14 million square feet of industrial properties from opportunistic real estate funds affiliated with… Read more
Holey-Moley: A New Mini-Golf Concept to Open in Austin
An iconic Austin combo hostel, bar and event venue, Native, will be replaced by a Holey Moley mini-golf course. The… Read more
Brazil’s Consulate General Inks 10.5-Year Office Lease
The Federative Republic of Brazil has signed a 10.5-year lease for 16,477 square feet at Decron Partners’ 6222 Wilshire Blvd. in Los… Read more
Infill Industrial Site Trades to Prologis for Land Value
CBRE arranged the sale of a 1.43-acre infill industrial site in Lynwood to Prologis. The sale price was undisclosed. Mark… Read more
“Eatertainment” Chain Pinstripes to Go Public Via SPAC
The transaction values the combined company at a pro forma enterprise value of about $520 million at $10 per share.… Read more
Luxury Assisted Living Community Breaks Ground in San Clemente
Developer Harbert South Bay Partners united with project partners and local dignitaries Thursday to celebrate the groundbreaking on The Seville… Read more
126-Unit Delano Complex Sells for $54M to MJW Investments
Los Angeles-based firm MJW Investments acquired Delano Apartments, an off-market 126-unit multi-family community near downtown Redmond, Washington. MJW acquired the… Read more
Realty Income Promotes Corporate Finance Head to CFO
Net lease REIT Realty Income Corporation said Friday it would transition its CFO and treasurer roles from Christie Kelly to Jonathan Pong, currently… Read more
Alterra Acquires East Bay Industrial Outdoor Storage Properties
(Updated with additional information) Alterra Property Group has acquired a pair of East Bay industrial outdoor storage (IOS) properties for… Read more
Tishman Speyer, San Francisco Giants Open First Tower at Mission Rock MXU
The Mission Rock Partners development team, a collaboration of the San Francisco Giants, Tishman Speyer and the Port of San… Read more
Covina Offices Snapped Up by International Investor
Lee & Associates-Pasadena closed a deal for Royale Oaks Offices Building, located at 1272-1274 Center Court Dr. in Covina, in an… Read more
DAUM Marks First Anniversary of Launching Capital Markets Group
DAUM Commercial Real Estate Services recently celebrated its Capital Markets Group’s one-year anniversary. The Capital Markets Group opened its Costa Mesaoffice… Read more