California
Wildfire Emergency Rent Caps Extended Through March 29
Rental housing providers in Los Angeles County remain subject to limits on rent increases and restrictions on certain evictions following… Read more
Third-Generation Hotelier Acquires Santa Barbara Boutique Property
Colliers arranged the sale of the Franciscan Inn & Suites, a 53-room boutique hotel located in Santa Barbara’s West Beach… Read more
GSA, CBRE Put Laguna Niguel’s Ziggurat Building on the Sale Block
The U.S. General Services Administration (GSA) on Friday announced it would sell the former Chet Holifield Federal Building, commonly known… Read more
Greenstone Partners Closes Sale of 225K-SF Lake Forest Office Complex
Greenstone Partners announced the sale of Conway Park, a 225,000-square-foot office complex located at 100 & 150 N. Field Drive… Read more
NewMark Merrill Plans Q2 Groundbreaking for Victorville Shopping Center
NewMark Merrill Companies, Inc., in partnership with World Premier Investments and R.Y. Properties, Inc. has received entitlements to develop Desert Sky Plaza… Read more
MDH Expands SoCal Footprint with Chino Warehouse
MDH Partners has acquired Chino Distribution Center, a 409,930-square-foot industrial asset located at 13880 Monte Vista Ave. in Chino located… Read more
Wells Fargo to Open Branch Locations as Part of Chicago Expansion
Wells Fargo plans to open ten branches locally this year, including its first in Orland Park, as part of its… Read more
Public Storage Packing Up and Leaving SoCal for Frisco
Public Storage, a $4.8 billion company, is abandoning its Glendale, California headquarters in favor of new digs in Frisco. The… Read more
MBK Rental Living Divests Class A Multifamily in Duarte
MBK Rental Living has completed the sale of its Esperanza at Duarte Station, a 344-unit new transit-oriented Class A apartment community… Read more
Talonvest Structures Permanent Loans for Self-Storage Trio
Newport Beach-based Talonvest Capital, a premier real estate mortgage brokerage firm, has arranged $42.6 million in permanent financing across three self-storage… Read more
OpenAI Commits to Silicon Valley Presence with 439K-SF Lease
OpenAI has signed a lease for a vacant campus in Mountain View, according to published reports. The 439,000-square-foot lease at… Read more
Student Teams at Chapman, UCI Vying for Honors in 5th Annual NAIOP SoCal OC Challenge
Student teams from the Chapman University Argyros College of Business & Economics and the University of California, Irvine, Paul Merage… Read more
County of San Bernardino Acquires Workforce Housing
CBRE arranged the sale of Golden Sands Apartments, a 120‑unit multifamily community at 15930 Nisqualli Rd. in Victorville, to Aspen… Read more
Otay Mesa Industrial Park Refinanced for $39M
PCCP provided a $39.2-million senior loan to a joint venture involving Sudberry Properties for the cash-neutral refinance of California Crossing, a… Read more
Tech Tenant Lease Will Complete Buildout of Bay Meadows Mixed-Use
Bay Meadows developers Stockbridge and Wilson Meany have leased the last two commercial parcels at the 83-acre San Mateo site, identifying… Read more
Pharma Giant Selects Denton for $280M Factory
Novartis plans to establish a new 46,000-square-foot radioligand therapy (RLT) manufacturing site in Denton, Texas. This purpose-built RLT site will be the company’s fifth in… Read more
Santa Monica Gateway Secures New Leases Totaling 65K SF
Lincoln Property Company recently completed two new leases totaling 65,378 square feet on behalf of the ownership of Santa Monica Gateway,… Read more
Hanley Investment Group Arranges Sale of Indianapolis McDonald’s Ground Lease
Hanley Investment Group Real Estate Advisors has arranged the sale of a brand new, single-tenant McDonald’s ground lease at Southern… Read more