California
Intracorp Breaks Ground on 2055 Main, its Fourth in IBC
Intracorp recently broke ground on a 178-unit class-A apartment development at 2055 Main St. in the Irvine Business Complex (IBC).… Read more
Hub on Campus II to Kick Off at the Entrance to USC’s Greek Row
Square Mile Capital Management LLC recently provided construction financing for the Hub on Campus II, a to-be-built 577-bed student housing… Read more
Will Oil Spill Further Restrict Offshore Drilling?
Calls for an end to offshore drilling are getting louder after 126,000 gallons or 3,000 barrels morphed into an oil… Read more
Ridgedale Marks Seattle’s Largest Garden-Style Apartment Deal This Year
The Ridgedale Apartment Homes, a 334-unit multifamily community in Bellevue, WA, recently sold to an affiliate of New York-based Abacus… Read more
SRS Completes Sale of Conviva Care Center in Greenacres, FL
SRS Real Estate Partners’ National Net Lease Group has completed the sale of a freestanding Conviva Care Center located in… Read more
Pacific and Hanover Merge to Form Pacific Urban Investors
Multifamily owner-operator and investment manager Pacific Urban Residential (PUR) and multifamily private equity investor Hanover Real Estate Investors announced a… Read more
Honolulu Properties Generate Multiple Offers
A property containing a Ross, CVS Pharmacy and PetSmart center as well as the adjacent industrial property recently sold for… Read more
Saddle Ranch is a Strategic Acquisition for Alere Property Group
Alere Property Group recently acquired Saddle Ranch Business Park, a 422,000-square-foot class-A industrial warehouse complex in Norco, CA. The asset… Read more
Technology to Play a Larger Post-COVID Role in Higher Education Construction
Post pandemic, the future of education will likely be a hybrid of online/offline instruction. However, students will still rely on… Read more
More Questions Than Answers in Massive Oil Spill
As questions swirl around the 126,000-gallon oil spill in Huntington Beach, answers are less than forthcoming. While an anchor reportedly… Read more
Pacific Program Management Broadens Life Sciences Reach
Pacific Program Management (PPM) recently launched a dedicated life sciences practice. With headquarters in Seattle and operations across North America,… Read more
Beth Moore Joins Raise Commercial Real Estate to Lead Strategic Growth
San Francisco-based Raise Commercial Real Estate has hired Beth Moore as head of strategic growth, based in the company’s Chicago office. She’ll be responsible for accelerating growth and innovation… Read more
Swig Co’s 633 Folsom Gets Refi of $190M
Refinancing to the tune of $190 million was recently obtained for 633 Folsom St., a fully leased 271,000-square-foot class-A office… Read more
SRM Hillcrest Buys Prime Site Ready For Residential Redevelopment
SRM Hillcrest LLC plans to develop a class-A multifamily community on a 1.08-acre residential development site in San Diego. The… Read more
JH Real Estate Continues Buying Spree with Ontario Gateway
Ontario Gateway, a 225,749-square-foot fully occupied grocery-anchored shopping center in Ontario, CA, recently sold for $40.5 million. The buyer, JH… Read more
State Funding of Higher Education Construction Makes an Impact
Despite facing a year of budget cuts, community colleges have pushed construction forward through previously secured bond funding. As a… Read more
Southern California Officials Fear Irreversible Damage From Oil Spill
The Huntington Beach oil spill, discovered on October 2, occurred from an offshore oil production facility owned by Houston-based Amplify… Read more
MCA’s Five-Property Acquisition Meets Equity Commitment
MCA Realty recently acquired five assets: two in Washington, two in Las Vegas and one in Orange, CA, for a… Read more
With Natomas’ Industrial Vacancy Nil, Logistics Build is Timely
Class-A distribution and light industrial space within Sacramento’s Natomas/Northgate submarket has a scant .5 percent vacancy rate. This low rate… Read more