California
Harrison St. and Sterling Bay Recognize Sorrento Mesa’s Growth Trajectory
Harrison Street and Sterling Bay West recently acquired five life sciences properties and a 13-acre development site located at 10390… Read more
Hallmark at Mission’s Pandemic Performance Points to Future Rent Growth
Hallmark at Mission, a 75-unit multifamily community in Ontario, CA, recently sold to a private foreign investor for $28 million.… Read more
Katella Gateway Sells to Katella Star Plaza for $33.5M or $374 PSF
Katella Gateway, an 89,559-square-foot neighborhood retail center shopping center in Garden Grove recently sold to Katella Star Plaza. The sale… Read more
Kennedy Wilson Targets $3B After Reaching $2B in RE-Secured Loans
Kennedy Wilson’s debt investment platform now exceeds $2 billion in real estate-secured loans, including $300 million in future funding commitments.… Read more
Clean California Will Remove Enough Trash to Fill Three Rose Bowl Stadiums
Revisiting the former dumping site in South Los Angeles where he unveiled his $1.1 billion Clean California initiative earlier this… Read more
Drawbridge Realty Expands Corporate Presence
Five new Drawbridge Realty professionals in multiple disciplines were recently added in San Francisco and Denver, according to Mark Whiting,… Read more
New Eighteen Ten State Street Owners to Benefit from Strong Cashflow
Eighteen Ten State Street, a class-A mid-rise multifamily property located in San Diego’s Little Italy neighborhood, recently sold for $64.4… Read more
San Bernardino Co. Receives $20M in Tax Credits
Nearly $20.2 million in California Competes Tax Credits were awarded to San Bernardino County firms that are committed to creating… Read more
Anchor Realizes Previously Untapped Potential in Brea MOB Asset
Anchor recently acquired a 38,242-square-foot class-A medical office building located at 380 West Central Ave. in the Brea submarket of… Read more
Rodeo Drive Buyer Demand Sets Record Sale Price
A recent record sale is evidence that Rodeo Drive in Beverly Hills maintains its position as the most desirable real… Read more
Despite Strides, Mask Mandate Returns as COVID Cases Spike
As California marks the one-year anniversary of the first COVID-19 vaccine administered in the state, Gov. Gavin Newsom highlighted California’s… Read more
Washington Square Goes from Paragon’s Radar to Buy Column
Washington Square, a 215,761-square-foot multi-tenant grocery-anchored retail shopping center in Petaluma, recently sold for an undisclosed price, according to Paragon… Read more
Coastal Grocery-Anchored Shopping Centers Continue to be in High Demand
Carlsbad Village Plaza, a 58,735-square-foot retail center anchored by Smart & Final Extra!, recently sold for $23.5 million. As one… Read more
Monterey Station Receives Keen Interest from Private Capital, Institutional Investors, Funds
The 349-unit Monterey Station, an apartment complex in Pomona, recently sold to Standard Communities and Faring, an investor and developer… Read more
Plans for SoCal Erewhon Markets Include Mix of New, Adaptive Reuse
Design firm RDC recently unveiled its plans for new Erewhon Markets in Southern California. The new locations include both adaptive… Read more
Exer Urgent Care Opens 25th Southern California Location in Irvine
Exer Urgent Care opened its 25th Southern California location and second in Orange County, expanding into Irvine. Located in the… Read more
Weather Service Issues Winter Storm Warning for State
In the state’s second significant storm during this rainy season, an atmospheric river hit the Bay Area while heavy snow… Read more
Decron’s Phoenix Acquisition Tally Grows with $101M Arrowhead Ranch Buy
Decron Properties continues to build a formidable portfolio of multifamily assets in the Phoenix MSA with its acquisition of Arrowhead… Read more
Construction JV Will Focus on Chicago’s Biotech Sector
Capitalizing on Chicago’s rapidly expanding biotech industry, San Francisco-based GCI General Contractors and Chicago-based BIG Construction have launched a joint venture, Helix… Read more