California
Avenue5 Tabs Moore as SoCal VP of Operations
Seattle-based multifamily property management firm Avenue5 Residential has welcomed Tazia Moore as its new senior vice president of Southern California… Read more
Comstock to Build 850-Unit, Mixed-Use Community in Commerce
The Commerce, CA City Council has approved Modelo, a mixed-use project consisting of 850 residences, recreational and entertainment retail spaces,… Read more
Newmark Completes $40M Sale of Palo Alto Office Building
Newmark has announced the completion of a $40 million sale of 250 Cambridge, a three-story, transit-oriented office building in Palo… Read more
Waterton Acquires 736-Unit MultiFam in Ontario
National real estate investor and operator Waterton has announced the purchase of Terracina, a 41-acre, 736-unit apartment community in Ontario,… Read more
Kidder Promotes Anthony to DTLA Managing Director
Kidder Mathews has announced that Executive Vice President John Anthony, SIOR has been promoted to Managing Director of the firm’s… Read more
Two Pacific Beach Apartments Change Hands
Apartment Realty Group (ARG) represented the buyer and seller in a transaction involving a pair of Pacific Beach multifamily complexes… Read more
Expiration of “Go-Shop” Period Clears Path for Blackstone’s PS Business Parks Deal
PS Business Parks (PSB) said late Friday that the “go-shop” period specified in the merger agreement with affiliates of Blackstone… Read more
Construction Planned for Creative Office Building in LA’s Arts District
A brand new, 350,000-square-foot speculative creative office project is planned for construction in Los Angeles’s Arts District starting in mid… Read more
TCC Breaks Ground on Fairfield Industrial Facility
CRE Developer Trammell Crow Company (TCC) along with Clarion Partners, LLC. announce they have started construction on a 205,000-square-foot industrial… Read more
JRW Realty Facilitates $84M Sale of Six Southern Walmarts
Net-Lease Specialist and Pasadena-based JRW Realty has arranged the acquisition of six Walmart Neighborhood Markets in Louisiana for $84 million.… Read more
Faris Lee Arranges $7M Sale of Fresno Shopping Center
Irvine-based Faris Lee Investments has arranged the $7 million sale of Country Squire Shopping Center, a Walgreens-anchored retail center in… Read more
Moreno Valley Mall May Get Much-Needed Makeover
The 30-year-old Moreno Valley Mall, once a thriving retail and entertainment center, has struggled during the pandemic, like so many… Read more
AI & Machine Learning Reshape Mass Transit and Traffic Flow
By Timothy Menard, Founder and CEO of LYT Of the many ways artificial intelligence (AI) and machine learning are poised… Read more
Red Oak Capital Brings in Tom McGovern as CFO
Michigan-based Red Oak Capital Holdings named Thomas A. McGovern as CFO. He brings two decades as an investment banker and… Read more
CushWake Looks to Secure $1.5B Financing for Net Zero Project in San Jose
Cushman & Wakefield is out to market looking to secure up to $1.5 billion in financing for a largescale net… Read more
Full Service EV Charging Hubs Could Become The Newest CRE Trend
Los Angeles-based The Stack Charge, a unique EV fast-charging station, has just announced its first acquisition, a 1.3-acre land parcel… Read more
250-Unit Apartment Complex Trades in Costa Mesa
Legacy Partners has announced the sale of 580 Anton, a five-story, 250-unit luxury multifamily community in Costa Mesa, CA to… Read more
Newmark Arranges Sale of Martinez Shopping Center
Newmark has announced the sale of Village Oaks, an 800,000-square-foot grocery and drug anchored shopping center in Martinez, CA. Newmark’s… Read more
San Diego Rents Continue to Skyrocket
While no longer in the nation’s top-five, San Diego’s rental prices continued to climb in May and now stands at… Read more