California
Staley Point and Bain Take Down 55K SF Industrial Asset
A 55,000-square-foot infill industrial asset in the Los Angeles County submarket of Santa Fe Springs was recently acquired by a… Read more
Sentre Triples Down on SoCal Industrial
Marking its third Southern California property in six months, Sentre recently acquired Temecula Heights located at 42301 Zevo Dr. in… Read more
Rare Fully Entitled Site Sells in North County
A rare fully entitled site, Green Oak Villas, a 103-unit townhouse project in Vista, CA, recently sold for $13.55 million.… Read more
Cantor Fitzgerald Snaps Up Apple Space, DeAnza Plaza
De Anza Plaza, a single-tenant office campus in Cupertino, recently sold for $63.75 million to Cantor Fitzgerald Income Trust. Apple… Read more
Crexi Reports “Healthy Dose of Optimism” in Buyers and Sellers
The second quarter saw both buyers and sellers of commercial properties growing more optimistic, according to Crexi’s latest national report.… Read more
Infrastructure Spending Will Generate $200B Each Year
A first-of-its-kind report finds that upcoming spending on federal, state and local infrastructure will generate nearly $200 billion in economic… Read more
Hueston Hennigan Signs Long-Term Lease at PacMutual
In one of the larger lease transactions in downtown Los Angeles this year, law firm Hueston Hennigan LLP recently inked… Read more
City Tower is Purportedly the Largest OC Sale YTD
City Tower, a LEED Gold-certified office tower totaling 435,177 square feet in Orange, recently sold for an undisclosed purchase price.… Read more
Nome Lands Noteworthy Ziggurat for $90M
Nome Ventures recently purchased the Ziggurat office building in Sacramento from Zurich Alternative Asset Management. The purchase price for the… Read more
BXP Expands Life Sciences Presence into Montgomery County
Boston Properties (BXP) has agreed to purchase the Shady Grove Bio+Tech Campus in Rockville, MD for $116.5 million. The property… Read more
UCSF Moves Forward on New Research and Academic Building
The University of California San Francisco (UCSF) has selected HGA and Snøhetta to design the new research and academic building… Read more
Blue Ribbon Task Force Wraps Work on Transit Issues
The Blue Ribbon Transit Recovery Task Force convened by the Metropolitan Transportation Commission (MTC) recently wrapped up its work by… Read more
All-Cash Buyer Nabs PetSmart-Occupied Asset
A single-tenant net-leased investment occupied by PetSmart in Yakima County recently sold in an off-market transaction. The sale price was… Read more
Californians Have a Palpable Urge to Get Back to Normal
The Summer 2021 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey polled a panel of California real estate professionals… Read more
El Verano Affordable Multifamily Property Opens in Anaheim
El Verano, a fully occupied 54-unit affordable apartment community for formerly homeless and low-income seniors, is now open. The apartment… Read more
Black Creek Group Fund Sees Value in Center Ave. Distribution Facility
A 102,516-square-foot distribution building located at 9180 Center Ave. within the Inland Empire West submarket recently sold for $24.47 million.… Read more
GLP Capital Partners Closes $2.3B Fund for Logistics Real Estate
Investment manager GLP Capital Partners (GCP) has reached final closing of its North American logistics real estate fund, GLP Capital… Read more
U.S. Housing Prices Set Another Record for Annual Growth
Housing prices once again posted record-high year-over-year increases, according to the latest S&P CoreLogic Case-Shiller indices, released Tuesday. The National… Read more
California Takes Decisive Action on Unvaccinated State Workers
Despite California leading the nation in vaccinations with more than 44 million doses administered, the state is reporting an increase… Read more