California
Restrictive Industrial Development Bill Fails to Advance in Sacramento
California’s Senate Governance & Finance Committee has failed to advance AB 2840, which would have essentially shut down warehouse developments… Read more
Monrovia Technology Campus Welcomes Terray Therapeutics
Avison Young has negotiated a 49,000 square foot lab/office lease on behalf of Terray Therapeutics within the Monrovia Technology Campus… Read more
Cushman & Wakefield Expands Life Science Presence in Silicon Valley
Cushman & Wakefield has announced that several brokers specializing in Tenant Representation have joined the firm in its San Jose… Read more
North Palisade Buys Irvine Property, Plans $24M Industrial Project
Industrial investment and development firm, North Palisade Partners, has acquired a 2.45-acre industrial property in Irvine, CA for $11 million.… Read more
JLL Secures $69M in Financing for OC Retail Portfolio
JLL Capital Markets has arranged $69 million in financing for a three-property retail portfolio in Costa Mesa, CA and Fullerton,… Read more
Irvine Office Campus Sells for $235M
JLL Capital Markets has closed the $235 million sale of Intersect, a four-building, creative office campus in Irvine, CA. JLL… Read more
DAUM Completes $34M Sale of Industrial Development Site
DAUM Commercial Real Estate Services has completed the $34M sale of a 5-acre land parcel in Santa Fe Springs, CA.… Read more
Fremont Industrial Building Trades for $29M
Fortress Investment Group has acquired a 93,000-square-foot warehouse in Fremont, CA, the company’s second industrial purchase in the East Bay… Read more
Perris Land Sale Primed for Industrial Facility
Avison Young has brokered a two-parcel, 4-acre land sale in Perris, CA for the development of an industrial complex. The… Read more
Hotel Occidental Procures New Owner in $6.5M Deal
Marcus & Millichap has arranged the sale of Hotel Occidental, a 55-unit, single-room occupancy (SRO) Hotel property in San Diego,… Read more
Q&A with MetroGroup’s J.D. Blashaw: The Rise of MOBs & the Future of Lending Within This Asset Class
As medical office buildings (MOBs) garner more hype and media attention as “the darling” of current investment portfolios, Connect spoke… Read more
Tishman Speyer Completes $206M Sale of Creative Office Campus
Tishman Speyer has finalized the $206 million sale of 555 Aviation Boulevard, a 260,000-square-foot creative office campus in El Segundo,… Read more
Bishop Ranch Unveils Return-To-Work Upgrades
At 10 million square feet, San Ramon’s Bishop Ranch is one of the country’s largest office campuses, and developer Sunset… Read more
Woodland Hills Retail Center Acquires New Owner in $25M Deal
Keller Williams (KW) Commercial has brokered the $25 million sale of the Mayhew Plaza Shopping Center, a Smart & Final… Read more
Hanley Investment Group Arranges $6M Sale of Net-Leased Asset
Real estate brokerage and advisory firm Hanley Investment Group has arranged the sale of a single tenant, net-leased investment occupied… Read more
Iconic and Leste Partner in $12M IE Land Acquisition
Iconic Equities and Leste Real Estate U.S. have acquired a 5.6-acre land parcel in the western portion of the Inland… Read more
Local Docs Snag Neighboring Medical Suites in Encinitas
Cushman & Wakefield has brokered the sale of two medical office condo suites for a combined price of $2.86 million… Read more
SoCal CRE Power Players Discuss Goals at Connect LA
The Connect LA event at the Indigo Hotel produced some thought-provoking discussion, not the least of which was a panel… Read more
Great America Sells Land for $310M; Will Close Within 11 Years
Cedar Fair, L.P., the owner of California’s Great America amusement park, has sold its Santa Clara site to logistics real… Read more