California
California Sends Specialized Personnel to Assist with Hurricane Ida
At the request of the Federal Emergency Management Agency (FEMA), Gov. Gavin Newsom approved the deployment of urban search and… Read more
CBRE Sees Leading Office Markets in Recovery Mode
Activity in the 12 largest U.S. office markets indicates that many have started their recovery from the pandemic-induced downturn, according… Read more
Veteran CRE Attorney Relocates Offices and Art Collection
Taking larger space, a veteran of 40 years in commercial real estate law has moved to 110 W. 57th St. Joshua Stein… Read more
In the Path of Growth, Orchard-Trimble Bolsters Grosvenor’s Portfolio
Grosvenor Americas recently acquired the Orchard-Trimble office and R&D campus in North San Jose. The 218,645-square-foot property is fully leased… Read more
Hometown America is Right at Home with Two Manufactured Sites
Two California manufactured home communities totaling 410 home sites, Diamond K Estates in Roseville and Carman Ranch MHC in San… Read more
Rare Palm Desert MOB Sells in 1031-Exchange
A medical office building located at 72415 Park View Dr. in Palm Desert was constructed in 2004, designed as a… Read more
Landsea Breaks Ground on Nolin in Anaheim
Landsea Homes Corporation has officially broken ground on its newest community, Nolin in Anaheim. Nolin is a community of 65… Read more
Mixed-Use 4242 Crenshaw is in New Path of Growth
4242 Crenshaw in the Leimert Park neighborhood of south Los Angeles is in a new path of growth as developers… Read more
U-Haul Offers 30 Days of Free Self Storage to Fire Evacuees
As the single largest wildfire in state history, the Dixie Fire has destroyed more than 600 homes. This is one… Read more
Village on Main is One of Few Multifamily Opportunities on Waterfront
San Diego-based Properties Group recently acquired Village on Main Apartments for $85.5 million. The 200-unit community is one of the… Read more
NYC Unseats San Francisco as Nation’s Most Expensive Rental Market
The nation’s two most expensive markets for apartment renters have traded places. Zumper reported that after 18 months of disruption caused by… Read more
CEDARst, Quartz Lake Target Multifamily with JV Investment Fund
CEDARst Companies and Quartz Lake Capital, both headquartered in Chicago, have formed a strategic joint venture investment fund to target infill multifamily development opportunities. … Read more
Shorenstein Goes Big for America Center Phase I
The sale and financing are complete on Phase I of America Center, which includes two six-story class-A office buildings totaling… Read more
BioArkive Adds 40K SF to its Facilities Footprint
The level of investment in biotech medical research has soared in recent years and is contributing to increased demand. In… Read more
Ontario Industrial Building Nets Above-Asking Price
A 236,700-square-foot freestanding industrial building in Ontario recently sold to Newport Beach-based Nuveen Real Estate at an above-asking price. The… Read more
Anaheim Multifamily Goes for $279K Per Unit
A 56-unit multifamily property built in 1973 sits on 2.35 acres located at 1251 N. Placentia Ave. in Anaheim. The… Read more
Marina Del Rey Mixed-Use Property Locks in $63M Loan
INclave, a mixed-use creative office and apartment property located at 4065 Glencoe Ave. in Marina Del Rey, was completed in… Read more
California is Producing More Output with Fewer Workers
As with the national economy, many aspects of California’s economy have recovered to pre-pandemic levels and in some cases have… Read more
Ken Kamstra Comes Aboard at Avanta Residential
Ken Kamstra recently joined Avanta Residential as a development manager. In this role, Kamstra will source and develop institutional-quality rental… Read more