California
Hybrid Solution of Timber and Steel was a Good Call for Rec Center
The Millbrae Recreation Center project is one of the first cross-laminated timber (CLT) projects in the Bay Area. And the… Read more
Buyer Nabs Three-Property Uptown Portfolio in One Transaction
A three-property multifamily portfolio totaling 31 units in the Uptown area of San Diego, recently sold for $10.675 million. The… Read more
Rexford Goes Big for SoCal Industrial
Rexford Industrial Realty Inc. recently acquired five industrial properties in Southern California for an aggregate purchase price of $125.9 million.… Read more
Hudson in Placentia is in the Works in North Orange County
Landsea Homes Corporation plans to build 139 new homes for a new community, Hudson in Placentia in North Orange County.… Read more
Pomona Biz Park Buyer to Implement Value-Add Reno Program
Pomona Business Park, a 66,032-square-foot business park on 3.9 acres in the Los Angeles County submarket of Pomona, recently sold… Read more
California’s Unemployment Rate Remains Stubbornly High
California’s labor market expanded at a solid pace in October, with total nonfarm employment growing by 96,800 positions, according to… Read more
PRH XXXV LLC Bets on Class-A Office Building in Vegas for $67M
Premier Realty Holdings LP (PRH XXXV LLC) recently purchased a freestanding 204,123-square-foot class-A office building in Las Vegas. The San… Read more
Shoppers Have Held Back but May Go For It on Black Friday
A new Oracle retail survey shows that consumers have barely made a dent in holiday shopping. While a September survey… Read more
Finca Serena Will Offer Permanent Housing for Homeless
A loan totaling $40.6 million was recently provided for the development of Finca Serena in Porterville, CA. The blended occupancy… Read more
Hotel Investment Group Acquires San Marcos Property for Home2 Suites
San Diego-based Hotel Investment Group (HIG) recently acquired property in San Marcos where it intends to develop a 110-room Home2… Read more
Colliers Pegs Amanda Spangler to Head OC and IE
Amanda Spangler has joined Colliers as managing director of brokerage for Orange County and the Inland Empire. In her new… Read more
Bandai Namco Joins Regional Companies Under One Roof in Irvine
Bandai Namco Holdings USA Inc. has officially begun the process of bringing a number of regional group companies together under… Read more
Long Beach Multifamily with Section 8 Tenants Attracts Buyer
An apartment property portfolio in Long Beach received multiple offers and recently sold for $41.85 million to an institutional investment… Read more
FDA, CDC Recommend Boosters for Everyone 18 Years and Older
The Western States Scientific Safety Review Workgroup recently recommended expanding Pfizer-BioNTech and Moderna booster dose eligibility to all individuals 18… Read more
RCA: Property Pricing Posts Fastest Annual Growth on Record
The headline rate of U.S. property price growth climbed to the fastest annual rate in the history of the RCA… Read more
Treasury Wine Acquires Frank Family Vineyards for $315M
Treasury Wine Estates Limited (TWE) recently reached an agreement to acquire Frank Family Vineyards (FFV) in the Napa Valley at… Read more
BD Selects Torrey View for San Diego Reagent Innovation Center
Medical technology company Becton, Dickinson and Company (BD) recently selected Torrey View by Breakthrough as home for an expanded San… Read more
DNA Motors, DCG Fulfillment Take Down 600K SF in IE
Two industrial leasing transactions totaling more than 600,000 square feet were recently inked in the Inland Empire. The first transaction… Read more
Bluestone Lane Location to be First in Orange County
A 3,692-square-foot lease agreement was recently signed on behalf of Bluestone Lane, an Australian-inspired premium coffee roaster/cafe, at 114 North… Read more