California
Birtcher Anderson, Belay Add Jurupa Valley Industrial Park
Birtcher Anderson & Davis Associates, Inc. and Belay Investment Group have acquired the rebranded Birtcher Business Park @ Bellegrave, a… Read more
Newly Built Oceanside Apartments Fetch $14M
CBRE facilitated the $14.425-million sale of The Flats, an 18-unit multifamily community with two ground-floor retail spaces located at 1931… Read more
TMG Partners, Bridges Capital Acquire Downtown San Francisco’s Metreon Mall
Locally based TMG Partners, in an equity partnership with Bridges Capital LLC, has acquired Metreon, a 320,000-square-foot shopping and entertainment destination at 135 4th… Read more
OpenAI Expanding Footprint in Downtown Bellevue
Artificial intelligence research organization OpenAI is expanding its footprint in downtown Bellevue, Washington. The tech company has added 223,000 square feet… Read more
Sunbelt Pays $62.5M for Buckeye Land, Adds to Extensive Holdings
Sunbelt Investment Holdings (SIHI) was the winning bidder of 272 acres of Arizona State Land in Buckeye. Bidding started at… Read more
Wellpointe Plans Affordable Development within Warner Center
A property-holding affiliate of Wellpointe Inc. has acquired 6400 Canoga Ave., a 4.71-acre site in Woodland Hills. The acquisition represents a milestone… Read more
Square Design Leases Nearly 24K SF at Industry City
Industry City, the 35-acre mixed-use campus in Sunset Park, Brooklyn, announced that Square Design, a full-service design and fabrication company… Read more
PREMIER Design + Build Completes Two-Building Industrial for IDI
PREMIER Design + Build Group has completed construction of the Orange Logistics Center, a two-building, Class A industrial development totaling… Read more
County of Riverside Acquires Two MOBs for $53M
Cushman & Wakefield arranged the sale of two fully leased, institutional-quality medical office buildings totaling 85,204 square feet in Riverside… Read more
Shuttered San Francisco Centre May Sell at Deep Discount
The 1.5-million-square-foot San Francisco Centre mall, which closed late last month, may be on the verge of new ownership, likely… Read more
Igneo Acquires 7 U.S. Data Centers, Plans to Expand Platform
Global infrastructure investment manager Igneo Infrastructure Partners has acquired the Vault Digital Infrastructure portfolio from a joint venture of CVC… Read more
Don’t Count on “Inherited Homes” to Boost Housing Supply
The Great Financial Crisis led to a plethora of vacant single-family homes. It also meant a cut-off in new home… Read more
Northrop Grumman Inks Long-Term Renewal with Drawbridge Realty
Drawbridge Realty said Thursday it has renewed defense contractor Northrop Grumman Systems’ long-term lease at 16710 and 16750 Via Del… Read more
Waterton Adds San Jose Apartments to Bay Area Portfolio
(Updated with additional information) Waterton, a national real estate investor and operator, has acquired Misora, a 212-unit mid-rise apartment community… Read more
JLL Tapped to Market $350M Loan on San Francisco’s 225 Bush
JLL Capital Markets has been engaged to market the loan secured by the fee simple interest in 225 Bush, a 22-story… Read more
1031 Investor Acquires Two-Building Office/Flex Portfolio
CBRE facilitated the $12.38-million sale of a 44,953-square-foot office portfolio located at 24 and 26 Centerpointe Dr. in La Palma. A local… Read more
Asana Snaps Up Grocery-Anchored Huntington Beach Center for $151M
JLL Capital Markets closed the $151-million sale and $83.79-million acquisition loan for Seacliff Village, a core grocery-anchored shopping center in Huntington… Read more
MMCC Arranges Financing for Spring Valley Industrial
Marcus & Millichap Capital Corporation (MMCC) recently arranged $7.3 million in financing for a 70,380-square-foot industrial property located at 2780 Via… Read more