California
Hollister Looks to Income Gains, Value Appreciation Under New Ownership
Hollister Apartments, a 156-unit multifamily garden-style community in the Dickinson suburb of Southeast Houston, recently sold for an undisclosed purchase… Read more
Sequoia Station Redevelopment is Critical to Unlocking Vital Transportation Improvements
Lowe recently closed an off-market transaction with Regency Centers Corporation to acquire its portion of the Sequoia Station Shopping Center… Read more
Lecangs Takes Down Full 1.2M SF Spec Facility
Duke Realty Corporation recently secured a full building tenant for its new 1.2 million-square-foot speculative distribution facility in Perris, CA,… Read more
Koll Company Sheds Sky Park with its Diversified Rent Roll
Sky Park, an 81,551-square-foot three building office campus in Irvine, CA, recently sold to a private family office. The price… Read more
Brookfield REIT Shells Out $327M for DreamWorks’ Iconic HQ Campus
Insatiable demand for original content due to the pandemic and increased greenlit productions has created a scarcity of studio space… Read more
CA Mortgage Relief Program to Help Roughly 30,000 Homeowners
California’s plan to provide $1 billion in mortgage relief grants to homeowners who have fallen behind on housing payments or… Read more
Magnolia Heights Attracts Investors Seeking Trophy Asset in Coveted Alamo Heights
Magnolia Heights, a 149-unit mid-rise trophy multifamily property in Alamo Heights, a suburb of San Antonio, recently sold to a… Read more
CBRE Investment Acquires Majority Stake in Two Life Sciences Portfolios
A fund sponsored by CBRE Investment Management – formerly known as CBRE Global Investors – recently acquired a majority stake… Read more
Sabre Springs and I-15 Corridor Are Positioned as Next Path of Progress
Sabre Springs Corporate Center, a 102,375-square-foot two building class-A office campus in San Diego, recently sold to Menlo Equities, according… Read more
Bay Cities Completes 150K SF Lease Expansion Amid Warehouse Shortage
Pico Rivera-based Bay Cities recently completed a 150,000-square-foot lease relocation and expansion at 9206 Santa Fe Springs Rd., a second-generation… Read more
Mosser Can Generate Revenue with High-End Reno Program
Wilshire Royale, a 193-unit multifamily asset with 8,933 square feet of ground-floor retail in Los Angeles’ Westlake District, recently sold… Read more
Public Safety Plan to Bolster Local Law Enforcement Response
Working with local law enforcement to bolster public safety, Gov. Gavin Newsom recently unveiled a multipronged plan to fight and… Read more
BMO Financial to Acquire Bank of the West for $16.3B
BNP Paribas will sell its Bank of the West unit to BMO Financial Group for US$16.3 billion in cash, the two… Read more
Blake at Berkeley Sale Hits Record-Setting Bay Area Price
Gemdale USA recently sold Blake at Berkeley, a newly developed 84-unit multifamily community at 2033 Blake St. in Berkeley. The… Read more
EastGroup Takes Down Viva Logistics Center in Mega-Buy
As the flurry of industrial activity continues throughout Southern California, another mega-deal recently hit the sold column. Viva Logistics Center… Read more
Quilvest Partners with UrgentMED’s Co-Founders
Quilvest Capital Partners has made a substantial growth investment in UrgentMED, the independent network of urgent care clinics in Southern… Read more
Abandoned Driving Range Will Give Way to New Distribution Center
CenterPoint Properties recently purchased 9 acres in Los Angeles from Signal Hill Petroleum, a privately owned California-based energy company. The… Read more
With Emerging Energy Sources Come Emerging Energy Hubs
As renewables and alternative sources grow their share in the mix of total energy production, new real estate hub markets… Read more
Webster McDonald’s Sets State Record for Lowest Cap Rate
A ground lease sale was recently completed for 534 El Dorado Blvd. in Webster, a southeast suburb of Houston. The… Read more