California
Stos Partners, Cardinal Acquire Off-Market Indianapolis Portfolio
Southern California-based Stos Partners and Cardinal Industrial have entered the Midwest market with the acquisition of an approximately 1.1-million square-foot… Read more
Berkadia Webinar Charts What’s Ahead Following “Incredible Year for Multifamily”
“Without overstating the obvious, 2021 was an incredible year for the multifamily industry,” Berkadia CEO Justin Wheeler said at the… Read more
Morguard Acquires Remaining Stake in Hollywood Mixed-Use
Morguard Corporation acquired the remaining 40.9% ownership of Lumina, a premium mixed-use property in Hollywood. Although the company didn’t disclose… Read more
Class B Sale is Aliso Viejo’s Largest Office Transaction in Two Years
Stream Realty Partners arranged the $10.5-million sale of VIEW at 101 Columbia adjacent to the San Joaquin Hills Corridor on… Read more
Hanley Completes Retail Pad Deals in Palm Desert
Hanley Investment Group Real Estate Advisors completed the sales of three new construction retail pad properties at the newly developed… Read more
Encinitas Multifamily Deal Hits 14-Year High on Pricing
Marcus & Millichap closed the sale of Eucalyptus Apartments, a 26-unit apartment property located in Encinitas. According to Damon Wyler,… Read more
R&D Campus Fetches $78M in Pleasanton
JLL Capital Markets has closed the $78-million sale of Britannia Business Center, an R&D / office campus totaling 292,000 square feet… Read more
Oaktree Closes Real Estate Debt Fund at $3B
Oaktree Capital Management, L.P. reached final close on its third global real estate debt fund, Real Estate Debt Fund III.… Read more
UC Berkeley Sale Surpasses Previous Price Per Unit
A 0.3-acre site at 2590 Bancroft Way in Berkeley across the street from the University of California, Berkeley recently sold… Read more
Fallbrook Mercantile Center Gets Low Interest Rate Financing
Financing to the tune of $10 million was recently arranged for the purchase of Fallbrook Mercantile Center, an outdoor retail… Read more
Cushman Bolsters Industrial Tenant Rep with Luke Rivera Promotion
Cushman & Wakefield recently strengthened its industrial tenant representation team in Southern California’s Inland Empire market with the addition of… Read more
Holt Integrated Circuits Nabs VIEW at 101 Columbia
The largest office building sale in Aliso Viejo in the past 24 months recently hit the record books. Holt Integrated… Read more
Raise CRE Taps Josh Rand as SVP in LA Office
Raise Commercial Real Estate recently hired 13-year veteran broker Josh Rand as senior vice president in the firm’s Los Angeles… Read more
State’s $10B Package to Accelerate Zero Emission Transition
Gov. Gavin Newsom recently outlined his historic $10 billion zero-emission vehicle (ZEV) package to accelerate the transition to zero-emission vehicles… Read more
Tribune Tower Office Portfolio Locks in $111M Refi
Refinancing of $111 million was recently obtained for an approximately 300,000-square-foot three-building creative office portfolio including Tribune Tower, 1500 Broadway… Read more
Via Frontera Goes from Hill’s Radar to Buy Column
San Diego-based Hill Properties recently acquired the Via Frontera Business Park, an 80,900-square-foot property comprising two industrial/R&D flex buildings in… Read more
E-commerce Demand Prompts Warehouse and Distribution Near Freeways
Supply chain interruptions and extraordinary demand for goods through e-commerce have triggered the need for warehouse and distribution space near… Read more
NAIOP SoCal Announces Executive Committee and Board
The Southern California chapter of NAIOP announced the appointment of its 2022 executive committee and board of directors. The NAIOP… Read more
LA Board of Supes Vote to Extend Eviction Protections
The Los Angeles County Board of Supervisors recently voted 4 to 1 to extend eviction protections for many pandemic-impacted tenants… Read more