California
Bay Area Economies Among Most Vulnerable to Climate Change
San Francisco is the most vulnerable city to economic disaster from climate change in the United States and Oakland ranks… Read more
Report: California Ranks #5 in U.S. for CRE Development
The impact of commercial real estate in the U.S. continues to grow, as the industry contributed $2.3 trillion to the… Read more
Realty Income & Plenty Team-Up for $1B of Indoor Farm Projects
Realty Income Corporation, a San Diego-based REIT, has formed a strategic alliance with indoor vertical farm developer Plenty Unlimited to… Read more
Lew Horne to be Inducted into NAIOP SoCal Hall of Fame
CBRE’s Southern California President of Advisory Services Lewis “Lew” C. Horne will be inducted into the NAIOP SoCal Hall of… Read more
San Diego Loosens Zoning Rules for High-Rise Apartments
San Diego has taken a big step towards increasing affordable housing, as the City Council has approved loosening zoning rules… Read more
Champion Refinances USC Student Housing Asset
Los Angeles-based Champion Real Estate Company has secured the $16.1 million refinancing of Victory on Portland, a 55-unit, 139-bed student… Read more
Tuesday Morning Closing 31 Stores in California
The pandemic has taken another victim, as discount home goods retailer Tuesday Morning has filed for Chapter 11 bankruptcy, and… Read more
The California Exodus Continues
California’s population has continued to decline, as the negative impacts of traffic, the cost of housing and the ability to… Read more
USC Ross Program Celebrates 30 Years with 18 New Grads
The USC Lusk Center for Real Estate’s Ross Program has announced 18 new graduates for their 2023 winter session, which… Read more
Bankers Hill Office Portfolio Trades for $4M
Marcus & Millichap has negotiated the sale of 4th & Redwood, a two-property office portfolio in the Bankers Hill neighborhood… Read more
Sobrato Buys Gap’s Athleta Building in SF for $80M
Gap Inc.’s Athleta headquarters at 1 Harrison Street in San Francisco has been acquired by Sobrato Organization for a reported… Read more
LA Homes Reveals Film’s Most Googled Houses
Real estate company LA Homes has analyzed the monthly worldwide search volume for each of the highest-ranking movies on IMDb… Read more
Broadcom Signs 91K-SF Lease Extension in Rancho Bernardo
Drawbridge Realty has reached 100% occupancy at Discovery Corporate Center after signing semiconductor company Broadcom to a 91,000-square-foot lease extension… Read more
Google’s Downtown West Project May Be Delayed
The current financial turmoil for tech companies may finally be affecting a major project in San Jose as Google has… Read more
Q&A: PRCP’s Thomas Pasquesi and the State of SoCal Retail
The pandemic and economic volatility has challenged the commercial real estate industry over the last few years, and the retail… Read more
San Diego Remains a Top Market for Life Sciences Funding
The recent economic turmoil has impacted venture capital (VC) funding for the Life Sciences sector, as money raised plummeted towards… Read more
CBRE Brokers $5M Sale of San Diego Redevelopment Site
Liberty National Corporation has purchased an urban infill redevelopment property in the Bankers Hill submarket of San Diego. The parcel,… Read more
Brookfield DTLA Office REIT Defaults on $784M in Loans
The downtown office market in major cities continues to struggle after changes brought on by the pandemic, as another major… Read more
TECO Pays $53M for New Office Building in San Francisco
Taipei Economic and Cultural Office (TECO) has acquired a brand new, Class A office building in the SoMa neighborhood of… Read more