California
Cypress Had Many Options but Finds Sunroad Centrum the Best Fit
Sunroad Enterprises and Cypress Insurance Company recently entered into a new multi-floor lease totaling 34,000 square feet at Sunroad Centrum,… Read more
Shops at Dos Lagos in Corona Goes for $47M
A 351,200-square-foot lifestyle shopping center in Corona recently sold for $47.37 million or $135 per square foot. The Shops at… Read more
loanDepot Will Donate $250,000 to Nonprofits Serving Those in Need
With the holidays in full swing, loanDepot will donate $250,000 across five partner nonprofit organizations serving individuals and families in… Read more
Burbank is Exhibit A for Those Who Doubt Entertainment Industry’s Resiliency
Granite Properties recently sold 2600 Olive, a class-A LEED silver-certified 152,834-square foot office building in the Burbank Media District. Pacshore… Read more
Pleasanton-based DiaCarta Develops Test to Detect Omicron Variant
Last week, the World Health Organization classified a new SARS-CoV-2 variant, the B.1.1.529 as a variant of concern and classified it the Omicron variant.… Read more
Town & Country Village Occupies Irreplaceable Infill Location
Town & Country Village, a 216,320-square-foot dual grocery-anchored community center in Sacramento, recently sold to Phillips Edison & Company Inc.… Read more
Walgreens Generates Eight Qualified Offers in First Two Weeks of Marketing
A single-tenant net-leased investment occupied by Walgreens in Lake Elsinore recently sold for $10.5 million. The buyer was a private… Read more
ViacomCBS Inches Closer to Sale of CBS Studio Center for $1.85B
ViacomCBS Inc. has entered into a definitive agreement to sell CBS Studio Center and its associated operating business to a… Read more
Newsom Directs CHP to Step Up Presence Near Retail Centers
In response to a recent increase in organized retail thefts across the state, Gov. Gavin Newsom directed the California Highway… Read more
Blackstone Adds $2.8B of Industrial in Cabot Properties Deal
Two vehicles affiliated with Blackstone Real Estate have acquired $2.8 billion of institutional-quality logistics assets from Cabot Properties, Inc. in… Read more
Construction Gets Underway on a 1M-SF Warehouse in Visalia Industrial Park
Construction is underway on a new warehouse and distribution center for a major hardware retailer, as part of the Visalia… Read more
AMP&RSAND Stays in Demand as Firms Bring Employees Back
San Diego’s creative office redevelopment AMP&RSAND recently completed leases totaling approximately 23,000 square feet with two new tenants: Hoyle Cohen,… Read more
Caravanserai Project Announces Fourth Cohort of Mission-Driven Startups
Caravanserai Project announced the fourth cohort of startups slated to participate in its Social Entrepreneurship, Engagement and Development Lab Pre-accelerator… Read more
Landlords Likely to Stay with Concessions to Remain Competitive
Orange County’s office market is in recovery mode, as businesses warily return to the office after more than a year… Read more
UCLA Team Takes Home Coveted Silver Shovel for The Boulevard
The UCLA graduate student team took home the coveted Silver Shovel for its winning proposal at the 24th NAIOP SoCal… Read more
Pecho Files Certification Application for Energy Storage Facility in SLO Co
Pecho LD Energy Storage LLC, an affiliate of Hydrostor, recently filed its Application for Certification with the California Energy Commission… Read more
2233 Dunlap’s Purchase Price is a Fraction of Replication Cost
A 94,000-square-foot multi-tenant class-A office property in North Phoenix recently sold for $6.275 million. Located at 2233 West Dunlap Ave.… Read more
Elite North Scottsdale Locks in $86M Acquisition Financing
Financing was recently secured for Elite North Scottsdale, a 360-unit garden-style multifamily property in Scottsdale. The 10-year Freddie Mac loan… Read more
Jacksonville Three-Property, 842-Unit Multifamily Portfolio Sells for $96M
New York-based Cyclone Investment Group, in a joint venture with Skywood Properties, has purchased a three-property multifamily portfolio totaling 842… Read more