California
L.A. Investor Makes Ninth South Side Acquisition
A 44-unit apartment building at 4611 S. Drexel Blvd. in the Kenwood neighborhood of Chicago’s South Side has sold. Jeff… Read more
The Link in Burbank’s Media District Sells for $62M
The Link, a recently renovated seven-story class-A office building located at 2901 West Alameda Ave. in Burbank, sold to Pendulum… Read more
SperryCGA Partners with Dubai Firm to Expand Affiliate Platform
Irvine-based Sperry Commercial Global Affiliates LLC (SperryCGA) recently signed an agreement with Dubai UAE-based International Real Estate Partners (IREP) to… Read more
Muse at Torrey Pines Addresses a Growing Need for Research Space
Muse at Torrey Pines, a redeveloped 186,000-square-foot flexible and collaborative life science property, is now complete, according to The RMR… Read more
Financial Technology Firm Relocates HQ to Austin
Green Dot Corp. is the latest company to leave California for Texas, relocating its corporate headquarters from Pasadena, CA to… Read more
Newsom Rolls Out California Comeback Plan
At McClellan Air Force Base this week, Gov. Gavin Newsom highlighted the recent addition of six Cal Fire Hawk helicopters… Read more
Freight Bottlenecks Cost U.S. Economy $42B in 2019
Freight bottlenecks cost the U.S. economy more than $42 billion in 2019, a hidden tax on the American people that… Read more
Ralphs-Anchored Midtown Center Gets $64M Refi
While many properties and lenders have been impacted by the pandemic, Midtown Shopping Center, a 216,813-square-foot shopping center anchored by… Read more
Disneyland-Proximate Hotel Gets Full Modernization Treatment
The remodel of Sheraton Park Hotel at the Anaheim Resort is underway, encompassing a full modernization of the guest rooms… Read more
Tapestry Targets July 2021 Groundbreaking
Scottsdale-based developer DMB Development recently announced plans for Tapestry, a master-planned development in Hesperia. Entitled for more than 15,663 homes… Read more
Emeryville Bioscience Center Offers Immediate Conversion of Lab Space
Emeryville continues to grow as a life science cluster with more than 150 companies in the biotech field and current… Read more
California Accounts for Nearly 40% Of U.S. Job Gains In Latest Numbers
California’s labor market continued to expand at a rapid pace in April, with total nonfarm employment in the state growing… Read more
Hospitality Hits a High Note in U.S. Bank Capital Improvement Plan
Silverstein Properties has plans for a $60 million capital improvement program to upgrade and reposition the U.S. Bank Tower in… Read more
San Gorgonio Village Welcomes Four New Tenants
Four new leases were recently inked at San Gorgonio Village, a newly developed shopping center totaling approximately 122,000 square feet.… Read more
Little Italy Multifamily Generates Competitive Buyer Activity
San Diego is the third largest U.S. life science hub and holds the top spot for expected tech hiring growth… Read more
PG&E Looks to Sell HQ Complex to Hines
PG&E Corporation and Pacific Gas and Electric Company announced an agreement to sell the company’s San Francisco headquarters complex which… Read more
Instacart Expands Collaboration with 7-Eleven
Instacart recently expanded its collaboration with 7-Eleven to nearly 4,000 new stores nationwide. With this expansion, Instacart now delivers from… Read more
Hanley Closes Sale of 100%-Occupied Carpentersville Retail
Hanley Investment Group Real Estate Advisors completed the sale of a 100%-occupied, 11,035-square-foot multi-tenant retail property shadow-anchored by a Home Depot in Carpentersville,… Read more
Optimus Properties Completes First Distressed Note Sale
Optimus Properties LLC, headquartered in Los Angeles, has completed the purchase and subsequent disposition of its first distressed note backed… Read more