California
West Terrace Aims to Fill Affordable Housing Void
Multifamily supply is lacking in all respects but most acutely in the affordable sector. However, construction recently broke ground on… Read more
CoStar Takes Entire 115K-SF Building at Spectrum Terrace
CoStar Group recently signed a lease at Spectrum Terrace in Irvine Spectrum located at the highly visible intersection of three… Read more
Four-Property Portfolio Offers Value-Add Opportunity
A four-property multifamily portfolio totaling 28 units located throughout San Diego recently sold for $8.5 million to two separate buyers.… Read more
New Growth Living Targets Underserved “Missing Middle”
New Growth Living in partnership with Dallas-based Montgomery Street Partners and Boston-based Rockpoint Group LLC is creating planned rentable lifestyle… Read more
As Port Traffic Ramps Up, So Does Warehouse Development
Increasing amounts of containerized cargo are flowing through the country’s major maritime port complexes, in turn driving demand for warehouse… Read more
Brookfield Properties Acquires Newland, Expands Footprint
In a strategic effort to capitalize on current market conditions, Newland is joining Brookfield Properties. This acquisition of Newland and… Read more
Reinvigorated Institutional-Quality The Urban Sells for $96M
The Urban, a 10-building 435-unit multifamily property located at 3601 E. McDowell Rd. in Phoenix, is a 2000-era community with… Read more
California Launches You Call the Shot Program
California has launched its “You Call the Shot California” program, which encourages residents to begin and complete the COVID-19 vaccination… Read more
LA County Takes Down a Five-Year Lease in LAX Submarket
The county of Los Angeles recently inked a five year 52,054-square-foot lease at 5200 W. Century Blvd. in the LAX/Century… Read more
I-10 Logistics Center is Rare Opportunity for Nearly 2 Million SF
Shopoff Realty Investments recently broke ground on its I-10 Logistics Center project located near the Interstate 10 freeway and Cherry… Read more
Protea Properties Locks Down Five-Property Portfolio
Five properties totaling 231,878 square feet were recently purchased by Protea Properties LLC for $47 million. This portfolio, with a… Read more
Last Chance to Submit for Top Mortgage Brokers and Lenders Awards
Connect Commercial Real Estate’s first-ever Top Mortgage Brokers and Lenders awards program has seen a strong response to date with… Read more
Phoenix Value-Add Multifamily Becomes Increasingly Scarce
As value-add multifamily becomes more difficult to find, one asset fit that description to a T. Mountain View Casitas, a… Read more
Albertsons Takes Delivery of Two Electric Volvo Trucks
Albertsons Companies, the second-largest U.S. grocery chain, recently took delivery of two Volvo VNR electric trucks at its distribution center… Read more
North Pointe Sells to Investors Capital Group for $25M
Multifamily continues to shine even as the COVID cloud begins to lift in many areas. A recent example is North… Read more
McKinley Packaging Takes Industrial Space in SE LA
A 102,516-square-foot industrial building in Southeast Los Angeles is now fully leased up with the signing of McKinley Packaging. The… Read more
Goodman Fullerton’s 1.5M-SF Logistics Campus Gets Underway
Goodman has commenced development of a 1.5 million-square-foot four-building logistics campus at 2099 Orangethorpe Ave. in Fullerton. Scheduled for opening… Read more
Pomerado Outpatient Pavilion Sells for More Than $100M
The Pomerado Outpatient Pavilion in Poway recently sold to a publicy traded REIT. Although the purchase price and terms of… Read more
Longfellow Secures $178M Loan for San Mateo Bay Center Buy
Mesa West Capital recently provided Longfellow Real Estate Partners with a $178 million first mortgage loan to recapitalize costs associated… Read more