California
Digging into the Kroger/Albertson’s Merger: Q&A with Placer.ai’s R.J. Hottovy
On Oct. 14, 2022, Kroger and Albertson’s Cos. announced a merger valued at more than $20 billion. The news, perhaps… Read more
Tech Sector’s Share of U.S Office Leasing Slips in H1
The tech industry’s U.S. office-leasing activity slipped in the first half of 2022 to its lowest market share in five years,… Read more
Tides Equities Acquires Three Dallas-Area Apartment Communities, Again
Los Angeles-based investment firm Tides Equities has acquired three apartment communities totaling 966 units in the Dallas area. Just six… Read more
Union Investment Acquires New Sunnyvale Office for $222M
Union Investment’s open-end Unilmmo: Europa fund has purchased a newly constructed office building in Sunnyvale, CA for a reported $222… Read more
Evite Will Relocate Headquarters to Glendale in 2022
Online invitation company Evite will be moving to new headquarters in Glendale, CA in the fourth quarter of 2022. The… Read more
Landsea Homes Opens Townhome Community in Placentia
Homebuilder Landsea Homes has announced the grand opening of its new 139-townhome community called Hudson, located in Placentia, CA. The… Read more
Verkada Launches A&E Partnership Program
Verkada, a San Mateo, CA-based building security equipment and software company, has launched an architecture and engineering (A&E) partnership program… Read more
Marcus & Millichap Arranges $3.2M Imperial Beach Apartment Sale
Commercial real estate brokerage firm Marcus & Millichap has arranged the sale of 856 Calla Avenue, a 10-unit multifamily property… Read more
Trion Properties Promotes David Moghavem to Director of East Coast Operations
Trion Properties, which has headquarters in both Miami, FL and Los Angeles, CA, has elevated David Moghavem to director of… Read more
Oxford Buys Carlsbad Campus in $258M Sale-Leaseback Deal
Oxford Properties Group has purchased and arranged a long-term leaseback of Ionis Pharmaceutical’s 18.4-acre life science campus and corporate headquarters… Read more
New Workforce Housing Project Debuts in the Tenderloin
Forge Development Partners and Bridge Investment Group have unveiled TL Residences, a new studio apartment community in San Francisco’s Tenderloin… Read more
Optimus Snags Los Angeles Multifamily Asset for $16M
Optimus Properties, LLC has purchased 1806 N. Berendo St., a 34-unit apartment property in the Los Feliz neighborhood of Los… Read more
ShipLab Signs Vista Industrial Sublease from Peloton
E-commerce fulfillment company ShipLab has signed a sublease for an 86,000-square-foot industrial building in Vista, CA. JLL’s Scott Schindler represented… Read more
Fontana’s Foothill Plaza Reaches 100% Leased Milestone
Progressive Real Estate Partners has signed a lease with WSS at the former Rite Aid space at Foothill Plaza, and… Read more
PCCP to Head Up a BTR Community Outside Houston
Los Angeles-based PCCP will develop Meadows at Telge, a 195-unit build-to-rent (BTR) residential community that will be located on the… Read more
William Hartman Joins CBRE Life Science Team in NYC
William Hartman has joined CBRE’s Advisory & Transaction team in New York City as vice chair. Hartman specializes in life… Read more
San Diego Life Science Q&A With KBS’s Tim Helgeson
San Diego has become a hotbed for commercial real estate’s life science sector, ranked among 12 of the nation’s leading… Read more
Ares Acquires 8-Acre Fullerton Industrial Site for $61M
CBRE has negotiated the sale of an 8.38-acre industrial land parcel, including three buildings totaling 155,000 square feet in Fullerton,… Read more
San Francisco Supportive Housing Project Receives $35M Loan
The Chicago office of Merchants Capital has secured a $35 million construction loan on behalf of HomeRise for the renovation… Read more