California
Moreno Corp Center Sale Reflects East Riverside Strength
Moreno Corporate Center, a five-building 139,015-square-foot industrial/flex business park, recently sold for $20.3 million. The center is located at 14300,… Read more
Med Plaza Provides Anchor and Carlyle a Third-Party Investment Opp
Vista Medical Plaza recently sold for $26.75 million to a partnership between Anchor Health Properties and Carlyle. The multi-tenant medical… Read more
Bay Area Remains at the Top of the Tech Heap
Demand for tech-enabled services from Bay Area-based firms has grown during the COVID-19 pandemic as staying and working from home… Read more
NoMa MXU Project to Get 203-Room Hilton-Branded Hotel
Trammell Crow Co., High Street Residential and JV partner Metlife Investment Management have announced a partnership with Hilton to open… Read more
Apple Deploys More Than $1B for Affordable Housing Since COVID Onset
Apple is accelerating its support for affordable housing initiatives and in the past 18 months has deployed more than $1… Read more
Rural Homes in Western U.S. at Risk for Fire Damage
Some 34,823 homes in rural counties across Washington, Oregon, California and Idaho are at risk of destruction as wildfires continue… Read more
Los Angeles Office Market Continues to Recover
There have been incremental signs of an economic recovery as Los Angeles undergoes reopening efforts. This news bodes well for… Read more
Signs of Resiliency Remain for OC Office Market
Despite the 1.1 million square feet of net occupancy loss in the office market through the first half of 2021,… Read more
Loring Building Sells to Buyer Embedded in Riverside
Riverside is ranked as one of the premier office investment markets in Southern California in the next two years, according… Read more
Seller Executes 20-Year Leaseback Amid Continued Operations
Wash N’ Go, a 3,400-square-foot net-leased property located in San Diego, recently sold for $5.8 million. The buyer was private… Read more
Partnership Invests $23M for Affordable Homes in Alameda Co.
In partnership with UrbanCore Preservation LLC and Pacific Housing, Enterprise Community Partners will invest $23 million provided through Housing for… Read more
Archway Launches $150M Distressed Lending Platform
Archway Capital has launched a distressed lending platform, with plans to deploy approximately $150 million over the next 36 months.… Read more
Burloak Establishes Second Manufacturing Center in North America
Burloak Technologies Inc., a division of Samuel, Son & Co. Limited, is establishing its second additive manufacturing center in Camarillo.… Read more
Westport Properties Takes Over PM Duties for Storage Facility
Westport Properties was recently named the property manager for a 240-unit self-storage facility located at 42034 3rd St. East in… Read more
Lack of Available Inventory in North Orange County Leads to Multiple Offers
A highly coveted showroom on Anaheim’s “Tile Mile” recently sold to a bathroom vanity distributor under T&T Brother Investment LLC.… Read more
Ontario Debuts Tech Tools for City Residents
Brookfield Residential and the city of Ontario have unveiled sweeping technology innovations and services for the residents of Ontario and… Read more
Pendulum Adds to West Coast Presence
Pendulum Property Partners is celebrating its fifth year anniversary this month by establishing operations in Los Angeles and San Francisco… Read more
Mt. View Buy Accommodates Evolving Workforce
TMG Partners and the real estate business within Goldman Sachs Asset Management recently acquired a 445,967-square-foot class-A office campus at… Read more
The Top 3 Stories in Real Estate for the Week of July 16
Connect CRE’s Sofia Nadji recounts the three best-read commercial real estate stories of the past week, as reported by Connect.… Read more