California
DAUM Completes $9M Sale of Garden Grove Industrial Property
DAUM Commercial Real Estate Services has completed the $8.83 million sale of 13831 Seaboard Circle, a 22,000-square-foot industrial building in… Read more
San Diego Bar Association Buys Downtown Office for $7M
CBRE has arranged the $6.83 million sale of a 9,000-square-foot, single-story office building in downtown San Diego to the San… Read more
Tech Park Taking Shape on the Shores of Lake Woodlands
Alexandria Real Estate Equities is redeveloping more than 12 acres in The Woodlands, at a cost of $200 million. Alexandria… Read more
Dallas, Houston Lead Nation in Apartment Sales
Two Texas metro areas led the nation in apartment deals in the third quarter of 2022. Dallas posted the most… Read more
Workplace Property Trust Completes $1.3B Deal with $170M Closing on Six Office Buildings
A consortium led by Boca Raton, FL-based Workspace Property Trust has purchased six Class A suburban office buildings in five… Read more
Burrell Selects Cushman & Wakefield for Portfolio Marketing
Cushman & Wakefield’s Aviation Practices Group has been retained by Burrell Aviation, LLC to market a portfolio of developable airport… Read more
Gemini Rosemont Buys Burlingame Life Science Building for $59M
Gemini Rosemont Commercial Real Estate, a Los Angeles-based real estate investment management firm, has acquired Peninsula Life Science Center, a… Read more
HRL Labs Purchases Thousand Oaks Industrial Facility for $40M
Engineering research firm HRL Laboratories has purchased 3500 Willow Lane, a two-story, 104,000-square-foot industrial property in Thousand Oaks, CA. Lee… Read more
MetroGroup Secures $23M Acquisition Financing for IE Offices
Newport Beach, CA-based commercial banking firm MetroGroup Realty has secured acquisition financing to close a 1031 exchange transaction for a… Read more
KTGY Names Bryan Sevy as Principal in Irvine
Architecture firm KTGY has announced that former Associate Principal Bryan Sevy has been named as Principal and will be based… Read more
Multifamily Managers Use Access Control Tech to Handle Steep Increases in Package Deliveries
Package delivery volume at multifamily properties is estimated to grow almost 15% per year through 2025, with Amazon alone shipping… Read more
GLP Capital Acquires Perris Industrial Facility for $90M
Inland Empire industrial assets remain a hot commodity, as Colliers has brokered the $90 million sale of 251 East Rider… Read more
Buchanan Street Grabs Laguna Hills Office Building for $28M
Newport Beach, CA-based real estate firm Buchanan Street Partners has acquired Oakbrook Plaza, a four-story, 120,000-square-foot office property in Laguna… Read more
Student Housing Q&A with Fred Pierce: Demand Remains Strong
Student Housing has seen the same volatility as any other real estate sector in 2022, but according to Fred Pierce,… Read more
Pembrook Provides $24M Loan for Koreatown Development
Multifamily lender Pembrook Capital Management, LLC is providing a $23.7 million construction loan for the development of Gramercy Apartments, a… Read more
Gensler Signs Lease at Historic San Francisco Building
Architecture and design firm Gensler has signed a new long-term lease with The Swig Company at the historic Mills Building… Read more
Star of Frisco Site for Another HQ of Fleeing CA Company
Boingo Wireless will plant its headquarters flag in Frisco, ditching Los Angeles for the friendlier business confines of Texas. The… Read more
Shorenstein Properties Sells 430K-SF Office Campus in Charlotte’s University Research Park
San Francisco, CA-based Shorenstein Properties, LLC — an owner and operator of office, residential and mixed-use properties — has sold… Read more
Capital One Closes $60M Loan for SoCal Industrial Portfolio
Capital One has provided a $60 million loan to Rexford Industrial Realty, a publicly traded REIT, to refinance a portfolio… Read more