California
Lights, Camera, Action! Understanding Studio Office Investments
Mention “studio offices,” and what might come to mind are bungalows near huge sound stages on television and movie lots… Read more
KB Home Unveils New Community in Homeland
KB Home has announced the grand opening of its Lilac community in the company’s Countryview master plan in Homeland, CA.… Read more
CA Fitness Company Moving HQ to Houston Suburb
It’s now becoming an almost daily occurrence, a California business relocating to Texas. Primo Fitness is leaving its Santa Ana,… Read more
CTO Realty Structures $94M Reverse Like-Kind Exchange for Retail Center
Winter Park, FL-based CTO Realty Growth, Inc., has completed its $93.9-million acquisition of West Broad Village, a 392,000-square-foot grocery-anchored lifestyle… Read more
Atlas Capital Group Closes Value-Add Real Estate Fund at $405M
Midtown Manhattan-based Atlas Capital Group has reached the final close of Atlas Capital Investors VI, LP (“Fund VI”). The $405-million… Read more
Report: California #1 in U.S. with Most Coworking Spaces
CoworkingCafe, a nationwide coworking space search website, reports that California leads the nation with 1,188 coworking spaces, nearly double that… Read moreFullerton Warehouse Fetches $156M in Record OC Sale
GLP Capital Partners has purchased 458 E. Lambert Road, a 406,000-square-foot industrial property in Fullerton, CA. The $156 million deal… Read more
Colliers Arranges $42M Sale of San Diego Power Retail Center
Colliers National Retail Capital Markets Team has brokered the combination sale of The Shops at Palm Promenade, the largest power… Read more
Link Logistics Acquires Montebello Industrial Building for $29M
JLL has represented Link Logistics in the $29 million purchase of 1719 Chapin Road, an 82,000-square-foot industrial building on 3.1… Read more
Meta Pulls Out of Mountain View Lease
Facebook parent company Meta has terminated its 457,000-square-foot lease deal at The Village at San Antonio Center in Mountain View,… Read more
Realterm Grabs 8-Acre Pomona Industrial Site
Maryland-based transportation real estate specialist Realterm has acquired an 8.2-acre secured storage facility in Pomona, CA. The fully lit, secured… Read more
EV Truck-Maker Rivian Opens Austin Service Center
A new service center from electric truck company Rivian, has come to North Austin. The center comes not long after it… Read more
Study: Migration Patterns Have “Ripple Effect” on CRE Sectors
The pandemic didn’t so much result in new migratory patterns as reinforce those that were already underway, Placer.ai reported earlier… Read more
Final Phase Construction Begins at Santa Clarita Industrial Center
A JV between developer Trammell Crow Company (TCC) and investment firm Clarion Partners has announced that vertical construction of the… Read more
San Bernardino’s Carousel Mall Redeveloper Withdraws
Lincoln Property Company (LPC West), the Dallas-based developer slated to redevelop the Carousel Mall in San Bernardino, CA has withdrawn… Read more
Walker & Dunlop Tabs Casey Merrill as Apprise Managing Director
Walker & Dunlop has expanded its Apprise platform, naming Casey Merrill as Managing Director, West Coast Region Lead. Based in… Read more
Concord Companies Buys its Beverly Hills HQ Building
Real estate investment firm Concord Companies has acquired a 21,500-square-foot office building in a $17.5 million transaction. The property, located… Read more
Kidder Hires Bay Area Veteran as President of Brokerage
Kidder Mathews continues to expand in Northern California, adding Bay Area real estate veteran David Nelson as Regional President of… Read more
ARG Brokers $11M Sale of Oceanside Multifamily Portfolio
Apartment Realty Group (ARG) has brokered the sale of a 5 parcel, 24-unit multifamily portfolio in coastal Oceanside, CA. Oceanside… Read more