California
Worldwide Material’s IE Buy Aims to Help E-Commerce Solution
Worldwide Material Handling (WWMH) recently acquired a newly built 135,287-square-foot class-A industrial facility in San Bernardino. Located at 549 E.… Read more
Rare Infill Site Sells for $96 PSF, a Record in North Orange County
A rare infill 5.80 acre site in Fullerton recently sold to Rexford Industrial Realty Inc. for $24 million, which equated… Read more
Adjacent Multifamily Assets in Hermosa Beach Sell for $275M
Two adjacent Hermosa Beach multifamily assets located two blocks from the beach recently sold to Prime Residential. The assets are… Read more
California Begins to Step Up Re-Masking Edicts
In California, everyone 2 years of age and older must wear a mask in all indoor public settings, regardless of… Read more
BKM and TC US Acquire Fully Occupied Fry Distribution Center
Newport Beach-based BKM Capital Partners recently acquired Fry Distribution Center in Beaverton, OR. BKM acquired the property from a private… Read more
Madison Marquette to Develop 135-Bed Senior Living Facility in Punta Gorda Isles
Real estate services provider, investment manager, developer and operator Madison Marquette has announced the closing of a construction loan and… Read more
VIDEO: NMHC Framework on Racial Equity is “An Imperative to Act”
“The industry framework for racial equity and inclusion really represents an imperative to act.” That’s Betsy Feigin Befus, SVP, general counsel and strategic initiatives… Read more
We’re Looking for More of Real Estate’s Most Influential Women
Nominations for Connect CRE’s 2021 Women in Real Estate Awards have been open since the beginning of this month, and while industry response to date has been heartening,… Read more
Affordable Housing Breaks Ground in San Jose’s SoFA District
Arya, an affordable housing development that will add 87 rental units in SoFA district, recently broke ground. Arya is the… Read more
Buyer Takes a Chance on Cox Communications Lease Renewal
A 28,564-square-foot flex industrial building located at 1985 Gillespie Way in El Cajon recently sold for $5.7 million. This facility… Read more
Via Del Lago Finds Market Niche in Growing Riverside County
Demand remains strong for multifamily in Riverside County and Via Del Lago is a prime example of that. The planned… Read more
Tina West Brings 30+ Years of Multifamily Experience to New Role
Cushman & Wakefield has announced the appointment of Tina West as senior managing director to lead the firm’s multifamily operations… Read more
Brodkin and Cannon Come Aboard at Cushman & Wakefield
Cushman & Wakefield recently appointed two veteran commercial real estate professionals to co-lead the Greater Los Angeles market. The firm… Read more
Shoes That Fit Partners with Nordstrom to Outfit Kids for School
Nordstrom kicked off its annual campaign with the nonprofit Shoes That Fit and exclusive shoe partner, Nike. For the past… Read more
Placer.ai Webinar Spotlights Malls’ “Impressive” Recovery from Lockdown
The passage of a year has made a considerable difference in the levels of traffic and sales being enjoyed by U.S. malls. In… Read more
KKR Reaches $2.2B Deal for Sale of Infill and Light Industrial Portfolio
KKR said Tuesday it had agreed to sell a 14.5-million-square-foot infill and light industrial portfolio to Oxford Properties Group for approximately $2.2… Read more
Multifamily Price of $110M is Highest on Record in Oceanside
Capella at Rancho del Oro, a 284-unit multifamily asset in Oceanside, recently traded for $110 million, which equates to $387,324… Read more
Recently Built 2221 Park Place Nets $70M in Off-Market Sale
The off-market sale of 2221 Park Place, a 90,000-square-foot two-story creative office asset in El Segundo, recently netted $70 million… Read more
I-5 Frontage Creates Commercial-Oriented Uses
Shopoff Realty Investments recently acquired the ground lease on 7.25 acres in La Mirada, directly adjacent to Interstate 5. The… Read more