California
San Bernardino Developer John Magness Passes
John Magness, market leader for Hillwood’s West Coast office in Ontario and decorated Desert Storm veteran, died Saturday, Feb. 4… Read more
BWE Helps Secure $19M Loan for San Jose Senior Community
Commercial and multifamily mortgage banking company, Bellwether Enterprise Real Estate Capital LLC (BWE) has served as financial advisor on the… Read more
Whitepaper Details Strong-Potential Tertiary Markets
Pictured: Cheyenne, Wyoming Large metropolitan cities (think New York, Chicago and L.A.) are still magnets for investment in real estate.… Read more
Report: CRE Investment Volume Declines in Q4 2022
Commercial real estate investment volume hit record levels in 2021. The story was different by the end of 2022, however.… Read more
Tucson Urgent Care Center Fetches $9M
La Paloma Urgent Care at 4001 E Sunrise Dr in Tucson sold for $9 million ($420 PSF). Built in 2008,… Read more
Study: Seattle Sees Country’s Largest Jump in High-Income Renters
The American household is changing in the age of high real estate prices, especially among Millenials and Gen Z’s who… Read more
AASEG and Oakland Agree on $5B Coliseum Redevelopment Plan
African American Sports and Entertainment Group (AASEG), a black-led development team, has entered into an agreement with The City of… Read more
LA City Council Approves Marlton Square Redevelopment Plan
The City of Los Angeles will enter into an exclusive negotiating agreement with Hudson Pacific Properties for the redevelopment of… Read more
Google San Jose Village Remains a Go
Despite recent and future cuts in workforce and office space, Bay Area tech giant Google says development of the company’s… Read more
OC Firm Facilitates $21M Sale of Long Beach Shopping Center
Corona Del Mar, CA-based Hanley Investment Group Real Estate Advisors has completed the $21.25 million sale of El Dorado Shopping… Read more
CBRE Brokers $20.5M Sale of Azusa Industrial Property
JAR Commercial Investments, LLC has purchased the Azusa Center, a two-building, 75,000-square-foot industrial property in Azusa, CA. CBRE represented the… Read more
Colliers Arranges Sale of North San Diego Business Park
Birtcher, Anderson & Davis Associates has purchased La Costa Meadows Business Center, an eight-building multi-tenant industrial business park in the… Read more
ARC Multifamily Group Marches Forward on $88M Buy of Community in Pendergrass
Newport, CA-based ARC Multifamily Group is acquiring The Blakely, a four-phase, 420-unit multifamily complex in Pendergrass, GA in phases for… Read more
It’s Time to Nominate the Year’s Top Leasing and Sales Brokers
The deadline is almost upon us to nominate commercial real estate’s top leasing and sales brokers for Connect CRE’s sixth… Read more
NAIOP Mourns Passing of Former CBPA CEO Rex Hime
Rex S. Hime, California Business Properties Association (CBPA) President and CEO from 1985-2021 passed away last week after dealing with… Read more
Elevation & Crow Holdings Launch 1.8M-SF Project in Otay Mesa
A joint venture between San Diego-based Elevation Land Company and a real estate fund advised by Crow Holdings Capital will… Read more
Aldi-Anchored Ventura Shopping Center Trades for $66M
Newmark has completed the disposition of Poinsettia Plaza, a 157,000-square-foot shopping center in Ventura, CA. The firm’s Pete Bethea, Rob… Read more
SRS NNLG Closes 2022 With $2.9B in Net Lease Deal Volume
Newport Beach, CA-based SRS Real Estate Partners’ National Net Lease Group (NNLG) has finished an active year, closing $2.9 billion… Read more
Swig Company Signs SVCF to Lease at Mountain View High Rise
The Swig Company has inked non-profit community advocation organization Silicon Valley Community Foundation (SVCF) to a 27,000-square-foot lease at 444… Read more