California
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
Shopoff Acquires Remainder of Westminster Mall for Mixed-Use Redevelopment
Shopoff Realty Investments has acquired the 57.5-acre remainder of the Westminster Mall, ahead of its planned mixed-use redevelopment, Bolsa Pacific at Westminster. Washington Pacific Group… Read more
IPA Capital Markets Arranges $52M Refi on Glendale Luxury Multifamily
IPA Capital Markets, a division of Marcus & Millichap specializing in capital markets services for major private and institutional clients, arranged the… Read more
Newly Opened McDonald’s Sets Nationwide Cap Rate Benchmark
RealSource Group, a national commercial real estate brokerage company specializing in investment sales, sale-leasebacks and tenant representation, closed the sale of… Read more
San Francisco Office Tower 333 Bush Secures Two Headquarters Leases
Tishman Speyer has secured two headquarters agreements totaling 100,907 square feet at 333 Bush St., its office tower in San Francisco’s… Read more
Marcus & Millichap Arranges Maverik Gas Station Sale in Missouri
Marcus & Millichap has brokered the sale of a net-leased Maverik gas station property in Springfield, Missouri, for $4.4 million.… Read more
Cityview, Stockbridge Wrap Construction on Apartments in LA’s South Bay
Cityview and Stockbridge have completed Apollo, a 265-unit multifamily community located at 12888 Crenshaw Blvd. in Gardena, within Los Angeles’ South… Read more
Marana Warehouse Trades to BlackRock for $50M
Southern Arizona Logistics Center Building #2, a 435,023-square-foot concrete tilt-up warehouse at 10070 W. Clark Farm Blvd. in Marana, was… Read more
ThinKom Inks Early Renewal, Expansion at Hawthorne Industrial Park
Avison Young negotiated an expansion and early renewal flex/industrial lease on behalf of ThinKom Solutions totaling over 128,000 square feet… Read more
JLL Arranges Acquisition Financing for 34-Acre Brea Redevelopment Site
JLL Capital Markets secured $107 million in acquisition financing with a $5-million operating reserve for a redevelopment project located in Brea. Senior… Read more
Canyon Partners, MG Acquire Multifamily in San Diego’s East Village
Canyon Partners Real Estate LLC and MG Properties said Monday they had acquired the Shift Apartments, a multifamily building in… Read more
Anthropic Leases Entirety of 300 Howard in San Francisco’s “AI Alley”
DivcoWest, a DivCore Capital company, and Blackstone Real Estate said Monday that Anthropic has leased the entirety of 300 Howard… Read more