California
CBRE Arranges $33M Financing for Seattle Office Building
In March of this year, CBRE advised the owner in the sale of 425 Pontius, a boutique office building in… Read more
Discovery Plans Global Expansion With Two High-Profile Additions
Luxury residential developer Discovery Land Company has hired Brett White and Michelle Ngo to usher in a new era of… Read more
BD Obtains Lease at Silicon Valley R&D Campus
Medical technology firm, Becton, Dickinson and Company (BD), has signed a long term lease at Park Point, a research and… Read more
MJW Sells Michigan State Student Housing Portfolio
Los Angeles-based MJW Investments has announced the disposition of three student housing properties at Michigan State University, generating a 2.4x… Read more
Inland Empire Has Lowest Industrial Vacancy Rate in U.S.
Bullish demand-supply fundamentals continue for the Nation’s industrial markets, despite the volatile economy according to a new report from Commercial… Read more
Colliers Brokers Two San Diego Land Parcels for Multifamily Development
Colliers has announced the sale of a pair of sites totaling 10-acres in the Otay Mesa submarket of San Diego.… Read more
Terreno Acquires Anaheim Industrial Property for $15M
San Francisco-based Terreno Realty Corporation has announced the acquisition of a vacant, industrial property in Anaheim, CA for $15 million.… Read more
659-Unit Multifamily Community Changes Hands in Houston
The massive development, Urban Palms, was sold by a Southern California fund management group. Northmarq represented both sides of the… Read more
Bluffs at Castle Rock To Get Upgrade Thanks to $56 Million Loan
The 24-year old 220-unit garden style multifamily is being renovated and recapitalized. PCCP LLC was the lender. The property ownership… Read more
San Marcos Site of New, Affordable 330-Unit Multifamily Community
The 416,204 square foot complex is expected to cost $44 million. National apartment developer NRP is leading the project. It’s… Read more
TruAmerica Adds 11th Texas Property
With the purchase of the Villas at West Road, TruAmerica added a third Houston property to their portfolio and 11th… Read more
Downtown LA Primed for Post-COVID Return-To-Work
A new report from the Downtown Center Business Improvement District (DCBID) indicates that the Downtown Los Angeles (DTLA) Office Market… Read more
BPG Debuts $2.5M Courtyard at City Square
Los Angeles-based Barker Pacific Group (BPG) has announced the completion of City Square Plaza, a new Gensler-designed gathering spot in… Read more
Baldwin Park Sees Record-Setting MultiFam Sale
CBRE has announced the $8.75 million sale of the Kimberly Apartments in LA’s San Gabriel Valley submarket of Baldwin Park,… Read more
Three Developers Compete for Midway Sports Arena Transformation
The San Diego City Council unanimously selected the three finalists on Monday for the redevelopment of the Midway District sports… Read more
OC Firm Spends $42M for Retail Property in Chino
Santa Ana-based Red Mountain Retail Group has acquired a 168,000-square-foot shopping center in the Inland Empire for $42 million or… Read more
Sun Valley Introduces Mission-Style High-Efficient Street Lighting
Palmdale-based Sun Valley Lighting has introduced its Mission Revival Bell luminaire, offering simple, solid and austere architectural elements for downtown… Read more
Avanath Snaps Up Brooklyn Apartment Portfolio for $315M
Irvine, CA-based Avanath Capital Management, LLC has acquired a mixed-use portfolio containing two multifamily properties with ground-floor retail in Brooklyn… Read more
California Workforce Expands, but Labor Supply Constraints Continue
The Beacon Employment Report has been released and it shows that even as the Golden State’s labor market continued to… Read more