California
Link and Western Realco Scoop Up Corona Industrial
A 16.45-acre industrial redevelopment site in Corona recently sold to a partnership between Link Logistics and Western Realco. The seller… Read more
MOB is Central to Quickly Forming Orange County Medical Hub
Meridian recently completed the conversion of a 114,200-square-foot four-story class-A office building into a 100 percent class-A medical office building.… Read more
New Federal Funding Helps Wildfire Recovery/Mitigation Efforts
Gov. Gavin Newsom recently joined Vice President Kamala Harris and U.S. Agriculture Secretary Tom Vilsack on a visit to the… Read more
Portillo’s Sells for Record-Low Cap Rate
A new construction single-tenant net-leased retail property occupied by a Portillo’s drive-thru restaurant recently sold in the Phoenix metro. The… Read more
Pandemic Will Have “More Subdued” Impact on Office in 2022, Says Cox Castle’s Ouvrier
“The hope that the disruptions to our daily lives caused by COVID-19 would be behind us by the end of… Read more
We’re Looking for More of the Year’s Top Leasing and Sales Brokers
Although early response has been positive for Connect CRE’s fifth annual call for Top Broker Award nominations, we’re looking for as wide a cross-section of… Read more
TCC and CBRE Get Underway on Spec Cross-Dock Facility
Trammell Crow Company and joint venture partner CBRE Investment Management on behalf of one of its investment funds, recently broke… Read more
New Lease with Primary Tenant Adds Immediate Value at Closing
A $16.1 million bridge loan was recently secured for the acquisition and renovation of a multi-building flex property located at… Read more
Smart & Final Extra! Sells at Record Cap Rate for Single-Tenant Asset
Hanley Investment Group Real Estate Advisors recently completed the sale of a single-tenant net-leased retail property occupied by Smart &… Read more
Brixmor Buys Prominently Located Brea Gateway for $86M
Brea Gateway Center, a 181,891-square-foot grocery- and drug-anchored retail center in the Orange County community of Brea, recently sold for… Read more
NMS Northridge and NMS Superior Prove Compelling Investments
The Bascom Group LLC recently acquired a two-property 140-unit multifamily portfolio located in the Northridge neighborhood of Los Angeles. Bascom… Read more
SoCalGas Takes Delivery of HFCEVs, its First Hydrogen Vehicles
Southern California Gas Company (SoCalGas) took delivery of 23 Toyota Mirai hydrogen fuel cell electric vehicles (HFCEV), marking the company’s… Read more
MIG Dives into BluWater Apartments in North Seattle
Newport Beach-based MIG Real Estate LLC recently acquired BluWater, a 152-apartment community in Everett, WA. Located at 11311 19th Ave.… Read more
Newly Launched White Oak Real Estate Capital Lends $146M in Q4
White Oak Real Estate Capital (WOREC), an affiliate of Midtown Manhattan-based White Oak Global Advisors, said Thursday that it originated… Read more
Oak Hills Village Assumes New Name in Acquisition
Lightstone Capital recently provided an $11.8 million loan to the Brennan Pohle Group and Next Space Development for the acquisition… Read more
Northmarq Continues to Grow Investment Sales Platform
Northmarq continues to grow its investment sales platform, adding a new manufactured housing team in Southern California and three new… Read more
HappyCo Expands Platform with $52M in Funding
HappyCo, the residential operations platform, recently closed $52 million in funding to expand its platform and add new services. Led… Read more
Valley Senior Village to Provide 50 Affordable Senior Apartments
While the nation’s housing crisis is affecting Americans of all ages, experts have begun sounding an alarm about the shortage… Read more
Another Day, Another Mega-Industrial Facility in Inland Empire
Development is progressing on Beaumont Crossroads II, an 816,000-square foot build-to-suit industrial distribution facility within the Beaumont/Hemet submarket in the… Read more