California
New Demand for Office Dips, But at Lower Rate Than Pre-Pandemic
After six consecutive months of growth, new demand for office space eased in July as concerns took hold over a surge in delta variant… Read more
100 Stockton Rooftop Lease is Linchpin for Union Square Redevelopment
A recent lease at 100 Stockton comes as Blatteis & Schnur Inc. is finalizing construction on the redevelopment of a… Read more
Trumark Homes Unveiled Melrose Heights in Oceanside
Trumark Homes recently unveiled Melrose Heights, a planned community of four new home neighborhoods in Oceanside. The new community will… Read more
IE’s Q2 Industrial Vacancy is a Record Low
The Inland Empire industrial market had a 3 percent vacancy rate at the end of second quarter 2021, according to… Read more
Long-Term Lease Reflects Strength of Irvine Industrial Market
BLT Enterprises recently secured the long-term 10-year lease of its 40,645-square-foot industrial building in Irvine after acquiring the property in… Read more
HPP’s Acquisition of Star Waggons and Zio Aligns with its Global Studios Strategy
Hudson Pacific Properties Inc. recently acquired Star Waggons and Zio Studio Services for a combined $222 million in separate transactions.… Read more
Heroic Fire Crews and Wind Shift Give Reason for Hope
“Heading in the right direction, officials cautiously optimistic as Caldor Fire’s growth slows, there’s growing hope the Caldor fire won’t… Read more
Tower 16 Actively Expanding, Remains Bullish on Phoenix
San Diego-based Tower 16 Capital Partners recently acquired two properties across two separate transactions totaling 508 units in Phoenix. The… Read more
Hiawatha Aligns with Pathfinder’s Investment Strategy
San Diego-based Pathfinder Partners recently acquired the Hiawatha Apartments in Seattle for $28.775 million. Pathfinder made the investment through Pathfinder… Read more
Infrastructure Bill Could Ratchet Up Data Center Demand Even Higher
“The world has become increasingly digital, a trend that has only accelerated during the pandemic, and consequently data centers are… Read more
Savills Bolsters Workplace Practice Group with Three Key Hires
Savills has boosted its Workplace Practice Group with industry experts Marty Festenstein and Surabhi Raman as senior managing directors and Tonya Williams as managing director. Festenstein is based… Read more
Dalfen Adds Three Northern California Buildings in Two Months
Dalfen Industrial recently acquired two Northern California Industrial properties, Las Positas Logistics Center and Stockton Supply Chain Center II. With… Read more
Industrial Building Loan Leverages 10-Year Lease
A $25.2 million permanent fixed-rate loan was recently secured for a 360,022-square-foot industrial building in Murrieta, CA. The building is… Read more
Raising Cane’s 4.3% Cap Rate is Lowest for a Barstow QSR
A ground lease of a 3,288-square-foot retail property recently sold at 2620 Fisher Blvd. in Barstow. The property is occupied… Read more
Cambro Manufacturing Will Occupy Building 2 at Huntington Gateway
Updated industrial space in Orange County is scarce and desirable, which often leads to bidding wars among prospective tenants. In… Read more
Once a Bruin, Always a Bruin: UCLA Football Honors Nelson Rising
Commercial real estate icon Nelson Rising recently celebrated his 80th birthday at UCLA’s Wasserman Football Center. Rising, a scholarship football… Read more
Finally, a Bit of Good News Out of South Lake Tahoe
Firefighters reported progress yesterday in the battle to save communities on the south end of Lake Tahoe from the Caldor… Read more
Decron Ramps Up Phoenix Acquisition Process
Decron Properties continued its rapid expansion into the Phoenix MSA with its recent acquisition of Broadstone Grand, a 300-unit multifamily… Read more
BKM Capital Partners Executes $261M Recapitalization of Fund I
Multi-tenant parks attract a growing entrepreneurial tenant base, cater to numerous users and allow for growth within the park, typically… Read more