California
Export Trade Stages Strange But Healthy Rebound
Global trade in April 2020 hit rock bottom as the onset of the COVID-19 pandemic cratered activity. That said, any… Read more
Common Assumes Control of Starcity Management Portfolio
Midtown Manhattan-based Common has agreed to take over the management of the bulk of San Francisco-based Starcity’s portfolio of open… Read more
Functional Office Product Gets Razed for Industrial Redevelopment
Four office buildings totaling 221,921 square feet on approximately 13 acres in Lake Forest recently sold in two separate transactions… Read more
Cucamonga Ave. Spec Industrial Slates Q3 2021 for Completion
Development is underway at 1656 S. Cucamonga Ave., a class-A 211,000-square-foot speculative industrial warehouse in Ontario, according to Alere Property… Read more
Blooma Closes $15M Series A Round
San Diego-based Blooma, the AI-powered digital underwriting platform for commercial real estate, was founded in 2018. The platform aims to… Read more
Kilroy Kicks Off Oyster Point Phase 1
In 2018, Kilroy Realty Corporation acquired the fully entitled Oyster Point waterfront development site in South San Francisco, advancing a… Read more
Harrison Street Buys, Sells in $1.6B of Transactions
Chicago-based Harrison Street has agreed to purchase 24 seniors housing assets and sell 14 medical office properties across eight states, multiple… Read more
Wildfire Funding Gets a Head Start
In partnership with the legislature, Gov. Gavin Newsom recently signed a $536 million early action wildfire package to give the… Read more
JELD-WEN Sees Long-Term Window of Opportunity for Lease
A long-term lease of 103,000 square feet was recently inked for a single-tenant industrial building located at 2633 Progress St.… Read more
Demand for OC Industrial Continues on Upward Trajectory
The tightness of the Orange County industrial market coupled with rising demand from investors and owner-users alike is driving a… Read more
Long-Anticipated Napa Creek Village Will Be Complete in Six Months
Napa Creek Village, a long-anticipated 48-unit multifamily housing community in the heart of Wine Country, is now underway. The property… Read more
Seattle Lands at Number 10 for Jobs Recovery
After a disappointing April jobs report, hiring is on the rise again. ThinkWhy, a labor market data and analytics firm,… Read more
California Takes Center Stage for Cold Storage Construction
A new market study published by Global Industry Analysts Inc., “Cold Storage Construction: Global Market Trajectory and Analytics” discusses opportunities… Read more
Boston Properties Inks Mega-Lease with Hulu
Boston Properties Inc. recently signed a 351,000-square-foot seven-year lease with Hulu. The tenant is expanding and extending its lease with… Read more
Attractive Going-In Yield Attracts Kingsbarn to Palm Terrace
Palm Terrace, a 155,795-square-foot class-A office campus consisting of three two-story office buildings, recently sold for $40.45 million in Lake… Read more
Another Alameda Portfolio Set to Convert to Life Science Use
As an exclusive adviser to Invesco Advisers Inc., Newmark recently arranged $99.235 million in financing to acquire and convert a… Read more
IMG Plans $1M in Cap Improvements After Azul Buy
California-based Investors Management Group recently acquired Azul Apartments, a 246-unit community built in 2007 located in Northwest San Antonio, for… Read more
Thorofare Capital Provides $44M Acquisition Loan for Celebration MF Property
National commercial real estate lender Thorofare Capital has provided a $44 million permanent loan for the acquisition of Astoria at… Read more
Q&A: Getting Creative on Permanent Supportive Housing with JPMorgan Chase’s James Vossoughi
The increased need for permanent supportive housing has recently been in the spotlight in terms of how to address the… Read more