California
President Biden Declares Major Disaster in California
President Joe Biden has declared that a major disaster exists in the State of California due to recent storms, flooding… Read more
Morgan Stanley Pays $68M for Menlo Park Medical Building
Newmark has completed the $68 million sale of a 45,000-square-foot Medical Office Building in Menlo Park, CA. Morgan Stanley purchased… Read more
YoungLewin Arranges $32M LA County Apartment Portfolio Sale
Commercial real estate investment services firm YoungLewin Advisors, Inc. has arranged the sale of a 106-unit multifamily portfolio located on… Read more
Dwight Capital Provides $45M Financing for Fresno Apartments
New York-based commercial real estate finance company Dwight Capital has provided a $45 million, HUD 223(f), 35-year fixed-rate loan for… Read more
Report: San Diego Industrial Leasing Cools in 4th Quarter
Despite record rental rates and sale prices, a new report from Kidder Mathews indicates the hot San Diego industrial market… Read more
MK Capital Buys Garden Grove Retail Building for $5M
El Segundo, CA-based commercial real estate brokerage firm Beta Agency has completed the sale of a former Rite Aid in… Read more
Hersha Hospitality Trust Lets Go of Courtyard Boston South Boston Hotel
Hersha Hospitality Trust has sold the Courtyard Boston South Boston, a 164-key select-service hotel in Boston, MA. Alan Suzuki and… Read more
Spear Street Enters Atlanta Market with $248M Office Complex Buy
San Francisco-based Spear Street Capital has broken into the Atlanta Market with the acquisition of 1001, 2002 and 4004 Summit… Read more
George Smith’s Gary Mozer & Team Jump to IPA
Gary Mozer’s 38-year-run at George Smith Partners has come to an end as the commercial real estate veteran is headed… Read more
New SDSU Student Housing Project Starts Pre-Leasing
Pierce Education Properties (PEP) has announced that its Topaz student housing and retail development adjacent to San Diego State University… Read more
Cushman & Wakefield Bolsters NorCal Team with Key Additions
Cushman & Wakefield has announced the addition of investment sales professionals Scott J. Prosser, Vice Chairman and Jack DePuy, Executive… Read more
City of Anaheim Razes Motel as Part of Beach Blvd Revitalization
The city of Anaheim has demolished the Covered Wagon Motel, once a popular destination for family vacations on Beach Boulevard,… Read more
ONT Posts Pre-Pandemic-Like Numbers in 2022
Ontario International Airport (ONT) welcomed over 5.7 million travelers in 2002, outpacing pre-pandemic 2019 by 2.8% and recording its highest… Read more
Spear Street Capital Acquires $248M, Class A Office Portfolio in Atlanta
San Francisco, CA-based Spear Street Capital – an owner operator of distinctive commercial office properties has completed its $247.5-million purchase… Read more
Anti Tax Group Challenges New Los Angeles Measure
The Howard Jarvis Taxpayers Association and the Apartment Association of Greater Los Angeles have filed a joint lawsuit, challenging the… Read more
Rexford Acquires Irvine Creative Office Building for $40M
Newmark has arranged the sale of an 83,645-square-foot creative office building on a 6.5-acre, industrial zoned property in Irvine, CA.… Read more
Woodside Hotel Group Secures $27M Financing for Two Properties
Sonnenblick-Eichner Company has arranged $26.75 million of non-cross centralized, fixed-rate, first mortgage financing for a pair of Woodside Hospitality Group… Read more
San Diego’s Bitchin’ Sauce Debuts at Veggie Grill
Two Southern California companies are joining forces as Culver City-based plant-based food restaurant Veggie Grill is launching a limited-time collaboration… Read more
BLT Enterprises Names Robert Solomon as President
Real estate investment firm BLT Enterprises has announced the appointment of Robert Solomon as President, replacing the firm’s Co-Founder and… Read more