California
IE Industrial Market is Now Tightest in SoCal
Amid the explosion of e-commerce, the 3PL sector, and demand for faster delivery, the Inland Empire industrial market hit several… Read more
Greystar Launches Pre-leasing at Luxury Multifamily Near Balboa Park
Pre-leasing is underway at Greystar’s 525 Olive, a nearly 300,000-square-foot luxury apartment community in San Diego’s Bankers Hill being developed… Read more
Graphite Bio Relocates, Expands in South San Francisco
Savills recently completed an 85,165-square-foot lease relocation and expansion on behalf of Graphite Bio, Inc. at Healthpeak Properties’ Nexus on… Read more
Northern Trust Renews at Jersey City Offices
Cushman & Wakefield arranged a long-term, 16,545-square-foot lease renewal for Northern Trust at 3 Second Street at Harborside in Jersey… Read more
MWest Trades Paramount Apartments to BLDG for $129M
BLDG Partners and the California Municipal Finance Authority, a joint powers authority, acquired the 306-unit Enclave Apartments in Paramount for… Read more
SB Real Estate Establishes New Target Market with $75M Buy
SB Real Estate Partners (SBREP) acquired Bridge Creek Apartments, a 270-unit garden style multifamily community in the Portland, OR submarket… Read more
Suburban Sprawl Puts Financial Strain on Both Cities and Suburbs
America’s suburbs are sprawling again, driven in part by migratory patterns brought on by the pandemic. Last year, single family… Read more
Faris Lee Handles Sale of Iconic Pasadena Retail Property
By Ted Jackson Retail property specialists Faris Lee Investments has completed the $28.5-million sale of a freestanding, two-story Pasadena property the principal tenant… Read more
OC Industrial Finishes 2021 with One of Nation’s Tightest Vacancy Rates
The Orange County industrial market had a strong 2021, Cushman & Wakefield reported, with leasing. activity totaling 10.8 million square… Read more
Parkview Financial Opens NYC Office
Parkview Financial, a direct private lender specializing in construction and short-term bridge loans, has opened a New York City office.… Read more
Ontario Airport Traffic Stages Strong Recovery
Nearly 4.5 million airline passengers traveled through Ontario International Airport (ONT) in 2021, an impressive feat compared with medium and… Read more
Value-Add Apartments Trade in San Diego’s Pacific Beach Neighborhood
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of Bay Inn Apartment Homes, a five-building,… Read more
IRA Capital Enters Seniors Sector with $107M Buy
Private equity firm IRA Capital acquired two newly constructed assisted living and memory care facilities totaling 160 units in the… Read more
Stream Realty Partners Expands SoCal Industrial Market Share
By Scott Sowanick, Senior Director, Stream Industrial Development Services Division Stream Realty Partners (Stream) entered the Southern California (SoCal) industrial… Read more
Multifamily Finance Specialist BWE Closes $90M SoCal Deal
By Ted Jackson Bellwether Enterprise Real Estate Capital LLC (BWE) has closed a $90-million permanent placement loan on a big Southern… Read more
Lionstone Acquires Two-Building Newport Beach MOB
JLL Capital Markets facilitated the sale of Newport Lido Medical Center, a 146,510-square-foot, two-building medical office complex in Newport Beach.… Read more
Second Affordable Development Coming to Beaumont
Nonprofit developer Linc Housing and Riverside Community Housing Corp. have launched construction on The Blossom, a 48-unit apartment community in… Read more
Luminous Capital Identifies Need for State-of-the-Art Lab Space North of San Diego
By Ted Jackson Having identified a shortage of top quality lab space in the San Diego marketplace, Luminous Capital Management,… Read more
Quantum Brokers Sale of REI in Orland Park
Quantum Real Estate Advisors has brokered the sale of a single-tenant REI at 15515 S. 95th St., Orland Park, IL.… Read more