California
Palm Desert Net-Leased Retail Property Sells for $5M
Retail specialist Hanley Investment Group has arranged the $5 million sale of a recently constructed, two-tenant net-leased retail property in… Read more
San Marcos TRACE Development to Get 399-Unit Multifamily Community
HighPointe Communities is moving forward with Sendero at Trace, a 399-unit project within its TRACE mixed-use development. The project will… Read more
MG Properties Buys Milpitas Luxury Apartments for $193M
Institutional Property Advisors (IPA), a division of Marcus & Millichap has arranged the sale of Eleanor, a newly constructed, 333-unit… Read more
Newmark Arranges $18M Sale of LA Net-Leased Medical Office
LaSalle Investment Management has purchased a single-tenant, net-leased medical office building in the Eagle Rock neighborhood of Los Angeles for… Read more
Irvine’s Lakeshore Snags Two New Restaurant Tenants
Bosscat Kitchen & Libations and TEN Sushi + Cocktail Bar have signed leases and are opening locations in brand new… Read more
Report: San Francisco Retail Picture Slowly Improving
A new quarterly report from Cushman & Wakefield shows that while many economic indicators in San Francisco are positive, including… Read more
Palmdale Retail Portfolio Trades for $10M
SRS Real Estate Partners’ National Net Lease Group (NNLG) has completed the sales of three retail properties totaling $10 million… Read more
San Diego Medical Building Changes Hands for $4M
Marcus & Millichap has arranged the $4 million sale of 4th and Palm, a 3,700-square-foot medical office property in San… Read more
Historic Tucson Hotel to Convert to Apartments
The Hacienda Motel at 1742 North Oracle in Tucson sold for $2.85 million ($157 PSF). The 51-room motel sold to… Read more
DivcoWest Secures $103 Million Financing for Austin Office Asset
Bouldin Creek came online in 2021 at 2043 S. Lamar Blvd. in Austin. TIAA provided the variable interest loan for… Read more
Banc of California’s Michael Nguyen Discusses Economic Turmoil
The sudden upheaval in the U.S. economy has presented a formidable challenge for the commercial real estate industry, thanks primarily… Read more
Orange County Firm Acquires Colorado Hotel
Newport Beach-based MIG Real Estate has purchased the DoubleTree by Hilton Hotel Breckenridge from Vail Resorts, Inc. in Breckenridge, CO,… Read more
Lewis Unveils Mixed-Use Development in Chino
Lewis Retail Centers, a shopping center developer in California and Nevada, has unveiled Town Center at the Preserve, a retail… Read more
RiverRock Expands NorCal Management Team
RiverRock Real Estate Group (RREG) has welcomed Anne Hill, RPA, CPM and Nancy Babb, RPA, as Northern California Directors. Hill… Read more
Champion Buys Former San Diego State Fraternity for $13M
Champion Real Estate Company has purchased the firm’s first student housing property in San Diego, acquiring a former fraternity house… Read more
Pasadena’s JRW Realty Arranges $25M Purchase of NY ShopRite
Net-Lease specialist JRW Realty has facilitated the $25 million purchase of a net-leased ShopRite in Uniondale, NY. The firm’s Aaron… Read more
BWE Closes $100M Loan for OC Housing Development
Mortgage banking company Bellwether Enterprise Real Estate Capital LLC has closed a $100 million construction/perm loan to finance Cloud House,… Read more
Northmarq Structures $46M Refi for Pleasanton MultiFam Portfolio
Northmarq’s San Francisco office has secured the $46 million refinance of a three-property multifamily portfolio in Pleasanton, CA. The firm… Read more
AMP&RSAND Lands HED as New Tenant in Mission Valley
Cushman & Wakefield, representing the Casey Brown Company, has secured a new tenant at a creative office redevelopment in the… Read more