California
Seritage Secures Lease with Amazon at The Collection in La Jolla
As reported yesterday, Amazon is expanding its California footprint, and has signed a lease for 123,000 square feet of space… Read more
Ripple Leases 125,000 Square Feet in San Francisco’s Jackson Square
TMG Partners and Invesco Real Estate have closed the lease transaction with cryptocurrency solutions company Ripple Labs, Inc. at 600… Read more
Duke Realty Leases Pair of Industrial Facilities in Inland Empire
The Southern California office of Duke Realty Corporation has preleased a soon-to-be-completed 148,000-square-foot spec building on Perry Street in Perris,… Read more
Chapman University Defeats UC Irvine in Real Estate Challenge Competition
Students from Chapman’s George L. Argyros School of Business & Economics successfully competed against a team from the University of… Read more
Colliers Secures 27,000-Square-Foot Lease in El Segundo
The duo of Kristen Bowman and Steve Solomon of Colliers has arranged the lease of 27,000 square feet of office… Read more
Rockpoint, Abu Dhabi Investment Authority Form JV to Plunk $2B into Industrial
Boston, MA-based Rockpoint has formed a platform with a wholly owned subsidiary of the Abu Dhabi Investment Authority. The platform… Read more
“The Landing” Acquired by Los Angeles Buyer
A 267-unit apartment complex has been acquired by ShainRealty. The buyer immediately announced they will be spending $3 million on… Read more
Amazon Expanding in California; Signs Leases in Santa Monica, San Diego and Irvine
Tech giant Amazon has announced plans to create over 2,500 jobs in the Golden State, expanding hubs in Santa Monica,… Read more
Trumark Launches 55+ Adult Community in Manteca
California and Colorado-based Trumark Homes has announced new home sales at Dawn at the Collective, an age-qualified community in Manteca,… Read more
Northmarq Secures $22M Refinancing for La Mesa Townhome Communities
Aaron Beck, the managing director of Northmarq’s San Diego office, has arranged $21.8 million in financing for Trio, three townhome-style… Read more
CBRE Arranges $13M Sale of Multifamily Buildings in San Bernardino
Mountain and Mountain View Apartments, an 80-unit, 2 building complex has been sold to a Los Angeles-based private investor for… Read more
SRS Brokers Ground Lease Sale of Two Fast Food Outlets in SLO
A record-breaking $3.7 million land ownership sale of a two-tenant, two-building property has been completed by SRS Real Estate Partners’… Read more
Los Angeles Industrial Lease Rates Skyrocket 45% in First Quarter
Intense demand for industrial space and a dearth of supply in Q1 of 2022 has led to record low vacancy… Read more
Northwest Acquires Kirkland Industrial Park for $40M
Northwest Building LLC has purchased the Totem Valley Business Center, a 6-acre, multi-building facility in Kirkland, WA for $40 million.… Read more
Entire 450,000 Square Foot Goodyear Industrial Site Leased to NPSG Global
Goodyear, about 30 miles west of Phoenix, has seen explosive growth of late in all real estate sectors, industrial included.… Read more
JLL Closes $76M Sale of Northridge Summit Office Complex
JLL Capital Markets has brokered the sale of the 130,000-square-foot Northridge Summit building in San Diego, CA. The Class A,… Read more
Cushman and Wakefield Arranges Cryptocurrency Lease in Downtown San Jose
In an agreement that bolsters a vacancy-plagued office market, cryptocurrency company Okcoin has leased 35,000 square feet of office space… Read more
Industrial Vacancies in San Diego County Remain at Historic Low
Significant demand for low-finish industrial space has kept vacancy levels at a paltry 1.8% in San Diego, CA in the… Read more
Marcus and Millichap Arranges $39M Shopping Center Construction Loan
The team of Brandon Wilhite, Sunny Sajnani and Todd McNeill of Marcus and Millichap Capital Corporation (MMCC) has arranged $39.4… Read more