California
Deurbanization Means Two Different Things in Charlotte and San Francisco
On the question of office workers returning to the office as the economy reopens, Green Street’s view is that about… Read more
Warehouse Users Seek More Space as Hedge Against Supply Chain Volatility
A single ship caused what was literally a world of trouble. That ship was the 220,000-ton Ever Given container ship,… Read more
Restaurant Segments Are Recovering from 2020, Some Faster Than Others
Few segments of commercial real estate were hit as hard by the pandemic as restaurants, with many closing their doors… Read more
Two Industrial Sale Leasebacks Catch Buyer’s Eye
Two industrial core sale leasebacks located in Idaho Falls, ID and Gilbert, AZ were recently acquired for a combined value… Read more
U.S. Governors Call for Priority on Zero Emission Vehicles
Gov. Gavin Newsom joined a bipartisan group of 12 U.S. governors calling for the Biden Administration to create a path… Read more
Globalization of E-Commerce Drives Industrial Absorption
Upon completion, a 190,554-square-foot logistics center in Fontana immediately entered into a seven-year lease agreement with Sell Below Cost USA.… Read more
Innovation Office Park Offers 1.1M SF of Creative/Flex Workspace
Irvine Company’s Innovation Office Park is an open-air office village offering more than 1.1 million square feet of creative and… Read more
Opportunity Housing Acquires MODA Apartments for $100M
Providing high-quality housing at reasonable rents is one of the biggest challenges facing California today. With that challenge in mind,… Read more
Oxford Snaps Up Foundry31 for Life Sciences Play
Recognizing a limited life sciences supply, Oxford Properties Group recently acquired Foundry31 for $172.7 million. The 402,700-square-foot mixed-use building located… Read more
Persephone is Committed to Diversity Inclusion with COVID Study
San Diego-based Persephone Biosciences Inc., a microbiome-focused biotechnology company, recently announced the initiation of the VOICES clinical study to determine… Read more
Real Estate and Construction Were Largest Percentage of PPP Applicants
COVID-19 wreaked havoc on small businesses, with many left wondering how to remain afloat last year. In an effort to… Read more
Buyers Flock to Sacramento for Lower Cost Basis
While 2020 brought periods of uncertainty, the Sacramento industrial market has taken the spotlight this year. Net absorption in fourth… Read more
Construction is Imminent for 819K SF Industrial Hub
Construction will soon commence on an 819,964-square-foot LEED industrial facility at the Southern California Logistics Centre (SCLC), according to Stirling… Read more
Mission Ridge Changes Hands for First Time in 30 Years
A recent financing and sale transaction represents the first time that Mission Ridge Apartments in Encinitas has changed hands in… Read more
Reno’s Redfield Ridge Receives $56M Renovation Resource
CBRE Capital Markets’ debt and structured finance recently secured $55.9 million in financing for the acquisition and renovation of Redfield… Read more
Stream Snags Stater Bros.-Anchored Center in Santa Ana
Stream Realty Partners recently acquired a 49,334-square-foot grocery-anchored shopping center located at 2360 N. Tustin Ave. in Santa Ana. The… Read more
System1’s HQ Search Ends in Marina del Rey
System1, an omni-channel customer acquisition company, recently signed a sublease for 28,688 square feet at 4235 Redwood, a freestanding 49,846-square-foot… Read more
Multifamily Webcast hosted by Institutional Property Advisors (IPA): Apartment Fundamentals Healthy, Likely to Get Boost from Surging Job Growth
With their outlays historically under-allocated to commercial real estate generally, institutional investors’ focus on the apartment sector will, if anything,… Read more
Is AB 1177 Necessary When Credit Unions Offer Similar Options?
Assembly Bill 1177 aims to provide a zero-fee/zero-penalty public banking option. However, many financial institutions offer something very close, if… Read more