California
Acquisition Uses Structure for Middle-Income Housing Creation
Standard Communities led a public-private partnership that acquired The Link Apartments, a 143-unit community in Glendale, utilizing California’s public-private partnership… Read more
Yale Navigation Center Provides Homeless Services in Santa Ana
The Yale Navigation Center, a 64,000-square-foot two-story emergency homeless shelter, was recently completed in Santa Ana. Spearheaded by HomeAid Orange… Read more
After Focus on Underground Pursuits, Shopoff Parts with Mead Valley Quarry
Shopoff Realty Investments recently sold Mead Valley Quarry comprising 577 acres of vacant land located in unincorporated Riverside County. The… Read more
Barret Bradley Joins Newmark Merrill as VP of Acquisitions
Newmark Merrill Companies Inc. recently hired Barret Bradley as vice president of acquisitions and development for the company’s San Diego… Read more
Berkadia Brokers Sale of Three-Property Virginia Tech Student Housing Portfolio
Berkadia has arranged the sale and secured a $100 million acquisition loan for a three-property student housing portfolio serving Virginia… Read more
KeyBank Secures CMBS Financing for Self-Storage Facilities
KeyBank Real Estate Capital (KBREC) secured $25.3 million in fixed-rate CMBS financing for three entities controlled by Southern California’s SP… Read more
Rexford Industrial’s 660K-SF Buy Tops $188M
Rexford Industrial Realty Inc. recently acquired five industrial properties comprising 660,254 square feet of improvements on 28.8 acres for an… Read more
The Rise Capitalizes on Hollywood Location
The Rise, a 561,600-square-foot seven-story mixed-use residential and creative office project in Hollywood, was recently completed by Rescore Property Corporation.… Read more
Paularino Plaza Trades for the First Time in 50 Years
The sale of Paularino Plaza, a 9,582-square-foot retail center in Costa Mesa, marks the first new owner in its more… Read more
Blair Jones Returns to BNBuilders After Six-year Hiatus
BNBuilders recently welcomed Blair Jones to its team as a project executive serving the Los Angeles, Orange County and Inland… Read more
Best Fit Finds Build-to-Suit Industrial is the Best Fit
A 44,359-square-foot build-to-suit industrial warehouse in San Diego, was recently acquired by San Diego-based Best Fit Movers LLC for $9.1… Read more
Peninsula Land Scoops Up Seven-Building R&D Portfolio
A seven building R&D/flex portfolio totaling 585,478 square feet across San Jose, Fremont and Milpitas recently sold to Peninsula Land… Read more
What Occupiers Expect as They Return to the Office
As vaccine rollouts continue and city and state economies reopen, the office sector is poised for an increasingly widespread return-to-work… Read more
California Economic Activity Index Steadily Climbs
Comerica Bank’s California Economic Activity Index increased in April to a level of 110.9. April’s reading is 19.6 percent above… Read more
West Coast Logistics Startup Will Open Fulton Market Office
Encinitas, CA-based logistics startup Flock Freight will open a Chicago office in the Fulton Market District this fall. The company has hired… Read more
Box Yard Sells to Rexford Industrial for $94M
The Box Yard, a four-building creative industrial business park totaling 261,528 square feet in Los Angeles’ Arts District, was recently… Read more
Passenger Volume at Ontario Airport Climbs to Nearly Pre-Pandemic Level
Passenger volume at Ontario International Airport (ONT) last month was nearly 80 percent of its pre-pandemic level, another encouraging sign… Read more
Nuveen Global Cities’ Acquisitions Offer Increased Healthcare Exposure
Nuveen Global Cities REIT Inc. (GCREIT) recently acquired 10455 Pacific Center Ct., a healthcare-related R&D property, and Hillcroft Medical Center,… Read more
Anchor Health Capitalizes on Scarcity of Medical Space
Anchor Health Properties, through a joint venture with an existing institutional equity partner, recently acquired a three-story 106,018-square-foot class-A medical… Read more