California
Higher Materials Costs Don’t Slow Pace of Industrial Construction
Industrial construction continues at a strong pace across many U.S. markets, despite an unprecedented increase in materials pricing that is straining… Read more
Agile Workspace is Now “a Requirement for Major Landlords and Corporations Alike”
While demand for agility in office space selection increased in 2020, the average flexible workspace requirement size decreased by 29%,… Read more
California’s Export Trade Had Nowhere to Go But Up
California’s export trade was up handily in the latest numbers (March) compared to one year earlier, according to Beacon Economics’… Read more
BH Sees Rent Max Opportunity in Freeway Corporate Park
In the past four years, several institutional owners have bought properties in the Orange County Airport Area/Irvine Business Complex in… Read more
IE Looks to Another Good Year as Investor Demand Remains Strong
The significant import influx flowing into the ports of Los Angeles and Long Beach, the two largest ports in North… Read more
Intense Buyer Competition for Presidio View Lands $155M Offer
Presidio View, a 350-unit apartment community located in the Mission Valley area of San Diego, recently sold to Griffis Residential… Read more
Sonnet Senior Living Facility Springs Up in San Jose
The Census Bureau’s National Demographic Analysis shows that between 2010 and 2020, the number of people older than 55 grew… Read more
Grocery-Anchored Rolling Hills Serves Steady Population in Tucson
With daily needs retail continuing to save the day in many commercial real estate properties, yet another grocery-anchored center was… Read more
Inland Empire, LA Post Largest 12-Month Industrial Rental Rate Increases
Following a year-over-year increase of 4.4 percent, national average rates for industrial real estate reached $6.53 per square foot in… Read more
Loch Lomond Offers Lower Density, Flex, Outdoor Space
Trumark Homes recently acquired 37 townhomes, condo flats and two-story detached homes within the 76-unit Village of The Strand at… Read more
Needham Ranch to Branch Out with 400K SF Expansion
DrinkPAK LLC recently signed two additional leases at The Center at Needham Ranch in Santa Clarita, according to Trammell Crow… Read more
Pandemic Doesn’t Hinder Koll’s Growth Spurt
Within a nine-month span, The Koll Company completed more than $110 million in real estate investments and industrial growth throughout… Read more
Pathfinder Closes Quarterly Fund with $95M
San Diego-based private equity firm, Pathfinder Partners, recently announced the quarterly closing of the Pathfinder Income Fund LP with more… Read more
Union Pacific Plans to Open Intermodal Terminal
Union Pacific recently announced plans to open a new intermodal terminal in the heart of Southern California’s import distribution/warehouse region.… Read more
JLL Arranges $20M Sale of Kroger-Anchored Retail Center in Tucker
JLL has brokered the $20 million sale of Cofer Crossing, a fully-leased, 136,139-square-foot shopping center anchored by Kroger and HomeGoods… Read more
California Partners with Cal Fire Foundation to Reduce COVID Spread
The state is joining forces with the California Fire Foundation to reduce the spread of COVID-19 by encouraging people to… Read more
Astoria at Central Park West Unveils Custom Building App
With Elevated Living’s recent expansion to Irvine, residents of Astoria at Central Park West will now have a customized building… Read more
Bell’s Fourth WA Acquisition is a Further Expansion of West Coast Footprint
Bell Partners Inc. recently acquired Aura Totem Lake, a 202-unit apartment community in the Seattle suburb of Kirkland. The property,… Read more
Leases at Towers Emeryville Exemplify Office Ramp-Up
In a sign that the Bay Area is inching its way into normalcy, KBS recently signed 40,504 square feet in… Read more