California
Engine Parts Manufacturer Upsizes in Relocation to Carson
The Klabin Company/CORFAC International has finalized a 61-month lease at 1550 Charles Willard St. in Carson on behalf of Industrial Parts… Read more
Civitas Furnishes Construction Loan for Santa Monica Retail and Office
Civitas Capital Group, a Dallas-based alternative investment manager, has closed on a senior construction loan to Blatteis & Schnur for the… Read more
Fidelity Bancorp Names President for Private Lending Group
Fidelity Bancorp Funding Inc., which specializes in commercial real estate, multifamily and single-family residential bridge loans and permanent financing, appointed Charlie Woo… Read more
Cain, Security Benefit to Buy $1.2B PacWest NY Portfolio
Cain International, in partnership with Security Benefit Life Insurance Company, has agreed to acquire a portfolio of real estate construction… Read more
Montgomery Partners Acquires Santa Rosa Garden Apartments
Montgomery Partners has acquired Nueva Vista Apartments, a two building, three-story garden-style apartment complex in Santa Rosa, for $14.75 million… Read more
Kimco Signs Mexican Grocery Chain to Hayward Shopping Center
Kimco Realty said its Creekside Center, an 80,000-square-foot open-air shopping center in Hayward, soon will house Las Montañas Supermarket, a family owned and… Read more
Kennedy Wilson, Fairfax Close on First Tranche of $5.7B PacWest Portfolio
Kennedy Wilson and Fairfax Financial Holdings Ltd. have closed on the initial tranche of loans as part of a $5.7-billion… Read more
Medical Equipment Maker Relocates to Calabasas
Lee & Associates LA/North Ventura arranged a 15-year lease at a freestanding, 128,700-square-foot SF R&D industrial building located at 26801… Read more
Aries Capital Closes Bridge Loan for Pomona Industrial Acquisition
Aries Capital closed on a $50-million bridge loan for the $65.5-million acquisition of a 290,195-square-foot industrial property in Pomona. Closed… Read more
TailoredSpace Brings Amenitized Coworking to San Juan Capistrano
West Covina-based TailoredSpace launched construction for its latest coworking location in San Juan Capistrano, responding to growing demand for flexible… Read more
Development Parcel in Vista Will Hold Build-to-Rent Units
Marcus & Millichap arranged the sale of 600 E. Vista Way, a 1.20-acre parcel of land in Vista. The property sold… Read more
Biotech Firm Rubi Inks Lease at Alameda Innovation Campus
Rubi Laboratories, a California-based biotechnology company, leased 16,884 square feet at 1501 Harbor Bay Pkwy. within the Radius @ Harbor Bay… Read more
Report Cites Five Steps to Keep Businesses from Leaving California
Although California is the world’s fifth largest economy, “the Golden State’s luster appears tarnished in recent years,” according to a… Read more
JLL CEO Ulbrich Sees Brighter Days for Office Leasing
Notwithstanding a newly released global occupier survey which found that 50% of large multinationals plan to decrease their office space,… Read more
Report: Increasing Office Sublet Space Could Add Challenges to Upcoming Maturities
The office sector continues to take a beating, as indicated by higher vacancies and flight to quality. Then there is… Read more
JLL Secures $38M in Debt/Equity for Casa Grande Business Park
JLL Capital Markets arranged $15 million in joint venture equity and $23 million in financing for the development of KV Casa… Read more
JLL Arranges Wintrust Financing for Two Beverly Hills Trophies
JLL Capital Markets arranged financing for two trophy assets in Beverly Hills on behalf of Maxxam Enterprises. JLL secured the senior notes… Read more
REMM Group Adds Eight Properties to Apartment Management Portfolio
The REMM Group has added eight Southern California properties, totaling more than 1,000 units, to its multifamily management portfolio. Six of the… Read more
North Palisade Acquires Warehouse Development Site in Inland Empire East
North Palisade Partners, a development and investment firm focused on industrial, industrial outdoor storage (IOS) and self-storage properties, acquired a… Read more