California
IPA Brokers Sale of 140-Unit MF Property in Fort Worth
Institutional Property Advisors (IPA) has brokered the sale of Presidio at River East, a 140-unit multifamily community near downtown Fort… Read more
IRG Adds Financing for $1B in Past 12 Months
Continuing its fund-raising winning streak, IRG Industrial, LLC (IRG) has added its second institutional private-placement bond offering of $275 million. … Read more
California Investor Snags 183-Unit Apartment Property in Plano
Los Angeles-based owner-investor Jacobson Co. has acquired Morada Plano Apartments, a 183-unit apartment community in Plano, TX. The sales price… Read more
$34M Inland Empire Deal Ups Shipping, Fulfillment Capacities
Both established e-commerce players, hopeful e-commerce startups and traditional merchants in the retail space require one thing: um … space.… Read more
Sold! Carlsbad Apt Complex Off the Market
The multifamily apartment-complex market is steady-as-it-goes, continuing momentum that built in 2021 and continues into 2022. In Carlsbad, an apartment… Read more
Newport Beach Hotel Getting Revamped, Rebranded
A (mostly) new hotel is launching in Newport Beach, just in time to serve tourists and locals in Spring 2022.… Read more
Historic Oakland Office Building Scores Non-Profit Buyer
Downtown Oakland has seen some CRE activity recently, but the Bay Area market demand isn’t quite up to the overall… Read more
LA-Area Lands Revamped Food/Beverage Facility
Continuing its fund-raising winning streak, IRG Industrial, LLC (IRG) has added its second institutional private-placement bond offering of $275 million. … Read more
TikTok Signs 125K-SF Office Lease in Austin
Cousins Properties has inked a lease with social media giant TikTok Inc. for a 125,000-square-foot space in the Austin CBD.… Read more
Capital Flows Continue Favoring Investment in Retail, Says Cox Castle’s Glick
Despite some continued headwinds in 2022, stemming primarily from supply chain issues, inflation and the continuation of the impacts of… Read more
MedCore Divests Central WA Senior Living Facility
MedCore Partners closed the sale of Cooks Hill Manor, a 72-unit assisted living community in Centralia, WA. Terms of the sale weren’t… Read more
Farmstead Launches Delivery in Chicago and Suburbs
Farmstead, an online grocer offering free delivery, said Monday that its service is now live in the city of Chicago… Read more
Amazon Adding Another New Facility in Richmond
Amazon is digging deeper into its “Sunny Side of the Bay” (a.k.a., the East Bay) with a reported expansion of… Read more
Lewis Group Sponsors New Sustainable Real Estate Research
Legacy investor in CRE – and longtime Inland Empire philanthropist – Randall Lewis is donating $10 million to a Washington,… Read more
Cannabis-centric Equity Fund Aims to Ease Financing, Tax Burdens
The cannabis industry in California – the nation’s largest such market – is under pressure from high taxes that not… Read more
Sason, JLL Move Quickly on SD-Area Office Complex
Sason real estate investors has picked up its first office building in San Diego, with quick plans to begin a… Read more
New Purchases: Rexford Rumbles into 2022 Where It Left 2021
Southern California specialist Rexford Industrial Realty, Inc., had an in-house record year for property purchases in 2021 – and its… Read more
Taylored Adds to Already Large Port of LA Footprint
As the international supply chain begins to loosen and more goods are making it to their intended destinations, the nation’s… Read more
Rick Caruso Announces Los Angeles Mayoral Bid
Rick Caruso, billionaire developer behind iconic Southern California properties such as The Grove, The Americana, and most recently Rosewood Miramar… Read more