California
Orange County’s Steele Tabbed New CIO for Logistics Property
Chicago-based Logistics Property Company, LLC has appointed Brent Steele as Executive Vice President and Chief Investment Officer, CIO, Logistics Property… Read more
CBRE Arranges $7M Purchase of Pasadena Office Building
The CBRE team of Kyle Barratt, Kevin Duffy, Natalie Bazarevitsch and Jackie Benavidez helped secure a $7 million sale of… Read more
MDH Partners Secures $85M Loan for 12-Property Industrial Portfolio
JLL has arranged $85 million in acquisition financing on behalf of Atlanta, GA-based MDH Partners, LLC, for a 12-building industrial… Read more
Home Sellers Starting to Drop Asking Prices in the U.S.
Seattle-based Redfin reports that home sellers across the country who dropped their asking prices in April shot up to a… Read more
California Experiences Spiking Export Values, but Inflation a Major Concern
The Golden State’s trade numbers saw a second consecutive double-digit March increase in the value of overseas shipments, according to… Read more
Offshore Wind Development Blows Closer to Reality in California
Although construction and operation remain several years away, the Bureau of Ocean Energy Management (BOEM) has taken several steps toward… Read more
Dalfen Stays Busy, Purchases Second Industrial Property in San Diego
For the second time in two months, Dalfen Industrial has acquired an industrial asset in the Otay Mesa submarket of… Read more
Marcus & Millichap Arranges Self Storage Sale in Adelanto
The LeClaire-Schlosser Group of Marcus & Millichap has announced the sale of Ballpark Self Storage, a 55,000-square-foot facility in Adelanto,… Read more
Dunleer Snags Four-Building Industrial Park in Santa Ana
Los Angeles-based Dunleer has acquired a 20-unit, 24,000-square-foot industrial property for $4.7 million in Santa Ana, CA. The complex, located… Read more
JLL Arranges $52M in Financing for Van Nuys Industrial Park
JLL Capital Markets has arranged a $52 million, three-year, floating-rate, non-recourse loan for a fully leased business park in the… Read more
Redgate, North River Join Forces for 108K SF of Industrial in Worcester
Boston-based Redgate and partner North River Company have acquired 108,000 square feet of industrial space in Worcester, MA. The building… Read more
Sila Purchases Battery Facility in Moses Lake
Battery materials company Sila has purchased its first standalone factory, a 600,000-square-foot facility in Moses Lake, WA. The building will… Read more
BWE Closes $77M Construction Loan for Flex Office Complex in LA
Bellwether Enterprise Real Estate Capital LLC (BWE) has closed a $77 million construction loan for a state-of-the-art, flex office campus… Read more
CBRE Arranges $71M Office Building Sale in San Francisco’s SOMA District
The CBRE Capital Markets team has announced the $71 million all-cash sale for a South of Market (SOMA) creative office… Read more
Passco Promotes Adriana Olsen to National Sales Manager
Orange County-based Passco Companies has appointed Adriana Olsen as National Sales Manager as part of the firm’s ongoing growth. Olsen’s… Read more
Stan Johnson Brokers $11M Sale of Long Beach Cannabis Dispensary
Stan Johnson Company has completed the sale of The Bakerie, an 8,300-square-foot cannabis dispensary on Harbor Avenue in Long Beach,… Read more
Newly-Built Multifamily Complex Sells for $25M in Escondido
City Plaza, a four-year-old, 56-unit apartment building has been sold by Escondido Apartments Investment LLC for $25 million or $446,000… Read more
Marcus & Millichap Arranges $1.1M Sale of San Bernardino Retail Property
The Golden Sands Plaza, a 10,000-square-foot retail property in San Bernardino, CA has been sold for $1.1 million by a… Read more
Walker Webcast: A Panel Discussion About Inflation, Housing, Fed Rates . . . and Cryptocurrency
When Walker & Dunlop in-house panelists previously appeared on the Walker Webcast, they were asked by CEO Willy Walker where… Read more