California
Veev Hits $200M in Capital Raise to Address Housing Crisis
Since the recession, the nation has experienced a housing shortage which has ballooned to a current deficit of 7 million… Read more
El Camino Health and LinkedIn Open Vaccination Center
El Camino Health and LinkedIn have joined forces to increase the capacity for COVID-19 vaccinations in Santa Clara County. The… Read more
Promontory Gets Abundant Investor Interest, Sells for $33M
Promontory, a class-A multi-tenant office building in North San Diego’s Rancho Bernardo community, was recently purchased for $33 million. The… Read more
Red Oak Branches Out into Irvine
Red Oak Financial, a Michigan-based commercial real estate finance company, is expanding its national platform in California. The firm is… Read more
Seattle Takes the Tech Leasing Top Spot
Seattle claimed the top spot among leading U.S. markets for large tech leases, with 14 mega-leases of a cumulative 3.4… Read more
Dealpath CEO Mike Sroka on the Increasing Digitization of Real Estate Investments
COVID-19 and the abrupt shift to working remotely put the spotlight on proptech to manage operations and deal flow. However,… Read more
The Renter Exodus to the Suburbs Didn’t Actually Happen
The rental market experienced significant disruptions in 2020, with 18% more renters changing residences compared to 2019, a migration mostly… Read more
Contra Costa Patients Are Urged Patience for Appointments
People who live or work in Contra Costa County and are 16 years or older are now eligible to receive… Read more
CityLine Sunnyvale Gets Go-Ahead on Former Macy’s Site
This week, the Sunnyvale Planning Commission approved plans for CityLine Sunnyvale to develop two office buildings with ground-level retail space… Read more
Cold Storage HQ Set to Kick Off in Jurupa Valley
West Coast Cold Storage is set to build its new flagship headquarters, a 125,000-square-foot cold storage facility, in Jurupa Valley.… Read more
Longfellow Continues San Diego Buying Spree
Longfellow Real Estate Partners’ seventh acquisition in San Diego since entering the market in September 2018 brings the firm’s regional… Read more
Pathfinder Responds to FortyOne 11’s Operational Struggles
San Diego-based Pathfinder Partners recently acquired FortyOne 11 Apartments in Portland, OR for $27.4 million. The investment was made from… Read more
Shoreline Square Pumps in $80M in Lease Renewals
San Diego-based Parallel Capital Partners Inc. says $80 million in lease renewals spanning more than 140,000 square feet have been… Read more
Space Additions are Equally Distributed by Sector
Each of the three Orange County property sectors (office, industrial, flex) added sublease space in the range of 100,000 to… Read more
Agave Sells for Record PSF in Hot Scottsdale Market
Agave Center, a 2.46-acre shopping complex in Scottsdale, recently sold for $9.775 million. The sale price and 6.2 percent cap… Read more
Coalition Proposes $8B in Broadband Infrastructure
A cross-sector coalition urges Gov. Gavin Newsom to connect Californians with a one-time $8 billion investment in high speed 100… Read more
After a Five-Year Search, Wood Scores 100% Leased Center
California retail-focused firm Wood Investments Companies Inc. recently acquired CentrePoint Marketplace, a 100 percent-occupied 197,288-square-foot community shopping center in Meridian,… Read more
Carlsbad Industrial Attracts Exchange Buyer
Demand for well-located industrial properties continues to create a seller’s market and a property located at 2711 Loker Ave. West… Read more
Investors Drink in Well-Located Wine Country Multifamily Assets
A local investment firm recently purchased Marlow Apartments located at 3076 Marlow Rd. in Santa Rosa for $27 million. The… Read more