California
George Smith Partners Arranges $86M Construction Debt on Sacramento MXU
George Smith Partners (GSP) has finalized the securitization of $85.8 million in construction financing on behalf of 29th Street Capital… Read more
Worthe, Stockbridge Complete 800K-SF Burbank Offices for Warner Bros.
Worthe Real Estate Group, in collaboration with Stockbridge Real Estate Fund, completed Second Century, an 800,000-square-foot project leased to Warner… Read more
Mission-Critical R&D/Flex Building Trades in San Dimas
CBRE facilitated the sale of 960 Overland Court, a 79,036-square-foot R&D/flex building in San Dimas, to San Dimas CA LLC.… Read more
CREW Orange County Slates Pickleball Tournament for Charity
CREW Orange County has opened registration and sponsorship opportunities for the 2023 Pickleball Tournament to be held on Tuesday, June… Read more
Corona Car Wash Trades for Sector’s Lowest Cap Rate Year-to-Date
SRS Real Estate Partners’ National Net Lease Group (NNLG) completed the $4.46-million ground lease sale of a 3,595-square-foot property occupied… Read more
Net-Leased CVS in San Diego Sells in All-Cash Deal
Beta Agency, a leading commercial real estate brokerage and advisory firm, completed the sale of a 16,972-square-foot freestanding net-leased CVS… Read more
JLL Names First-Ever Chief Technology Officer
JLL has named San Francisco-based Yao Morin as the company’s first-ever chief technology officer. Morin, who joined JLL Technologies (JLLT)… Read more
CAA Warns of Impending Senate Vote on Bill Jeopardizing Costa-Hawkins
California’s cornerstone rental housing protection law, the Costa-Hawkins Rental Housing Act, is in jeopardy as a bill proposing to broaden… Read more
Grosvenor Donates DC Retail Space for Pop-up Bookstore
Grosvenor, a property owner and developer, has donated a retail unit in Washington, D.C., to be used as a pop-up… Read more
Michael Zimmerman Joins Northmarq as VP in Net Lease Investment Sales
Northmarq’s investment sales team has brought on Michael Zimmerman as vice president – commercial investment sales. Zimmerman specializes in the… Read more
Bastrop Movie Studio Plans Moving Forward
The owners of the Bastrop 552 Project, touted as a 546-acre film studio, are hoping to start work by the… Read more
Connect Media Adds Content Directors to Lead East Coast, Southeast CRE Coverage
Connect Media, a multi-platform news, events, creative services and educational company, expanded its Connect CRE News editorial team with the… Read more
Newmark Arranges Sale of Torrance Development Site
Newmark completed the $18.3-million sale of Del Amo Village, a multifamily development site located in Torrance, within Los Angeles County’s… Read more
Will Tipton Joins Shea Properties as Development Lead
Will Tipton is joining the Shea Properties team as SVP of retail and multi-use development. In his new role, he… Read more
High-Vacancy San Bernardino Multifamily Finds Buyer
CBRE’s Eric Chen represented both the buyer and seller in the sale of a three-property multifamily portfolio in San Bernardino.… Read more
Wonderful Real Estate Starts Work on Fifth Spec Industrial
Logistics and mega-distribution center developer Wonderful Real Estate (WRE) has commenced construction on its latest one-million-square-foot speculative development located at… Read more
Pacific Workplaces Signs 10-Year Renewal in Pleasant Hill
Pacific Workplaces, the San Francisco-based flexible office space provider with 18 locations, has renewed its 14,090-square-foot lease for 10 years… Read more
Study: Entitlement “Bottlenecks” Hamper LA’s Housing Goals
Bottlenecks in the entitlement process are hampering Los Angeles’ ability to achieve its housing goals, according to a new study… Read more
Less Use and Increased Vacancies Mean “Zombie” Office Buildings
It’s no secret that the office sector continues to experience its share of challenges. The combination of higher vacancy rates/lower… Read more