California
Shift of Cargo to East Coast Ports Expected to Have Sticking Power
The Port of New York/New Jersey handled over 9.5 million twenty-foot equivalent units (TEUs) of cargo in 2022, a record-breaking… Read more
Related California Secures $385M Financing for Santa Monica Project
Privately-owned real estate firm Related California has secured $385 million in construction financing for 710 Broadway, a mixed-use residential community… Read more
Sony Pictures Leases 225K-SF at Miracle Mile Campus
Onni Group has signed a long-term, multi-floor, 225,000-square-foot lease with Sony Pictures Entertainment at the firm’s Wilshire Courtyard office campus… Read more
Majestic & Sunroad Sign R.L. Jones to Huge Lease in Otay Mesa
Majestic Realty Co. and Sunroad Enterprises, developers of Landmark at Otay, the largest industrial project in San Diego County, have… Read more
Palisades Tahoe Recreation Project Moves Forward
A 90,000-square-foot indoor recreation center planned for Palisades Tahoe, CA has taken a step forward, as Placer County officials have… Read more
Report: Q4 Office Data Reflects Ongoing Market Struggles in OC
The current commercial real estate office market in Orange County, CA is the most challenging economic environment in 40 years,… Read more
SAC Health Expands to 12 Locations with San Bernardino Acquisition
SAC Health, a community-based health center, completed the $35,250,000 purchase of the former Wells Fargo regional headquarters building located at… Read more
Goldman Sachs is Predicting a RE Crash in Austin—Not so Fast
Investment banking firm, Goldman Sachs, says Austin is one of four cities that will suffer a 2008-like crash in home… Read more
Downtown Las Vegas to See New 33-Story Mixed-Use Project
A new high-rise condo building is planned to come to Las Vegas as part of a mixed-use development plan that… Read more
Remote Working Will Continue Steering Office Leasing Decisions in 2023, Says Cox Castle’s Ouvrier
Office users’ leasing decisions will continue to be driven by remote working, Los Angeles-based law firm Cox Castle & Nicholson… Read more
Colliers Facilitates $12.3M Sale of Longview Industrial Parcels
An undisclosed west coast-based pipe manufacturer has acquired 3500 Hoehne Avenue, a 38-acre industrial property in Longview, WA for $12.3… Read more
Red Mountain Group Acquires Big Lots Portfolio for $47.5M
Orange County-based retail redevelopment firm Red Mountain Group has purchased 20 empty, fee-simple, retail Big Box stores from Big Lots… Read more
Carmel Grabs Daly City Apartment Portfolio for Over $1B
Multifamily real estate in the Bay Area remains popular with investors, as San Francisco-based Carmel Partners has acquired a portfolio… Read more
Matthews Closes $16M Sale of Family Dollar Tree Portfolio
El Segundo, CA-based Matthews Real Estate Investment Services has completed the $16 million sale of an eight-property Family Dollar Tree… Read more
NFI Industries Renews 864K-SF Lease at Perris Warehouse
Newmark has negotiated an 864,000-square-foot industrial lease renewal with supply chain solutions provider NFI industries at the Perris Distribution Center… Read more
Nautilus BioTech Leases 7K-SF at SD Life Science Building
Phase 3 Real Estate Partners has signed Nautilus Biotechnology to a new 7,000-square-foot lease at GENESIS – HQ, a Class… Read more
CREW Orange County Inaugural Event Attracts Large Turnout
Commercial Real Estate Women (CREW), a non-profit organization advancing the success of women in commercial real estate, recently held its… Read more
Hyatt Completes Acquisition of Dream Hotel Group
Hyatt Hotels Corporation completed its acquisition of the Dream Hotel Group lifestyle hotel brand and management platform, bringing a portfolio of… Read more
Private Capital Gravitates to Emerging Life Sciences Markets
Private capital funding has accelerated growth in the life sciences sector over the past decade, Cushman & Wakefield’s Sandy Romero… Read more