California
Wheelock Acquires Two Premium San Diego Hotels
Wheelock Street Capital has announced the acquisition of two limited service assets in San Diego’s Gaslamp Quarter, the Courtyard by… Read more
Rancho Mission Viejo Hosts Healthy Living Event
Ranch Camp, Rancho Mission Viejo’s new state-of-the-art recreational amenity, was the setting for a healthy living event, hosted by the… Read more
Nitya Capital Sells Houston Multifamily Portfolio
The sale made up 1,500 units in total. The buyer was a California based investor. “We endured a pandemic, crude… Read more
Macerich Welcomes Cotton On Group to 17 Locations
Santa Monica-based Macerich has announced they will welcome Cotton On Group stores to 17 of the firm’s regional town centers… Read more
Ontario’s Charlmont Village Sells for $24M
A Beverly Hills-based private investment group has purchased the 55-unit, 3.5-acre Charlmont Village Townhomes in Ontario, CA. Built in 1984,… Read more
Investment Firm Nabs Portland-Area Multifamily Community
Los Angeles-based MJW Investments has acquired Avenue 66 apartments, an off-market 56-unit property situated in one of the fastest growing… Read more
Tenant-Leased NoVa Data Center Trades to San Francisco Buyer
San Francisco, CA-based GI Partners has acquired 22262 Cloud Plaza, a data center in Sterling, VA that is currently leased… Read more
MMCC Lines Up $64M Financing for Monrovia Apartment Project
Marcus & Millichap Capital Corporation (MMCC) arranged $64.39 million in financing for a 252,100- square-foot multifamily property at 127 W.… Read more
Developer Trades Brentwood Portfolio After 60-Year Hold
A four-building, 36-unit multifamily portfolio in Brentwood has been sold by original ownership for $17.165 million. The buyer is a… Read more
NAIOP SoCal Honors Best of the Best with First-Ever Awards Gala
NAIOP SoCal honored the best of the best in commercial real estate during its first-ever Awards Gala, held May 12… Read more
Palm Springs Hotel Sale Sets Per-Key Pricing Record
Palm Springs-based Foxden Hospitality completed the sale of its boutique Hotel, Dive Palm Springs, to Mariners Group for $5.15 million.… Read more
Affordable Developer Affirmed Housing Names New President
Affordable housing developer Affirmed Housing, based in San Diego, has appointed Jimmy Silverwood as president, effective June 1. Elevating from… Read more
Newmark Completes Sale of Grocery-Anchored Martinez Center
Newmark has completed the sale of the Village Oaks, a 79,875-square-foot grocery- and drug-anchored community shopping center in Martinez, for… Read more
Central Phoenix Apartment Sells to Cal-Based Investor
KB Investment Development was the buyer of the 280-unit project, known as the Green Leaf Arts District. The 2017-completed project… Read more
Marcus & Millichap Closes Two Texas Self-Storage Deals
Marcus & Millichap Specialist Brandon Karr was the listing representative on two sales. One in Mesquite and the other in… Read more
Four Corners Gears Up to Develop Bay Area Life Sciences Campus
CBRE arranged $75 million in financing for the acquisition and redevelopment of Shoreway Innovation Center along the 101 Corridor in… Read more
Baldwin Park LA Fitness Changes Owners in 1031 Exchange
The LA Fitness at 13822 Garvey Ave. in Baldwin Park has sold in a 1031 exchange for $18.08 million. Kidder… Read more
DIG Sells Two Laguna Beach Industrial Buildings for $22M
Dornin Investment Group (DIG) has sold a pair of light industrial buildings for $22 million in a rarely traded section… Read more
Stream Trades Bloomington Warehouse to BentallGreenOak
Stream Realty Partners has sold Alder Commerce Center, a 174,780-square-foot warehouse it developed and managed, to BentallGreenOak on behalf of an institutional investor for… Read more