California
Belkin’s Move to El Segundo a Nod to Carbon Neutral Future
Belkin’s headquarters move from its office in Playa Vista to 555 Aviation in El Segundo marks its commitment to adopting… Read more
Buchanan Goes for E405’s Infill Location, 405 Visibility
Newport Beach-based Buchanan Street Partners recently acquired E405 Euclid Shops, a 91,517-square-foot flex/showroom retail center located at 18225 to 18349… Read more
E-Commerce Operators Pay Premium for Coveted Airport Space
In the era of next-day delivery, third-party logistics firms, e-commerce companies and retailers are all vying for industrial space near… Read more
JV Breaks Ground on Surgery/Urgent Care Clinic
Joint venture partners Vancouver Clinic and PMB recently broke ground on a $75 million 80,225-square-foot clinic in Vancouver. Jake Rohe,… Read more
Transbay Tower Moves Forward Without Salesforce
In one of the largest bets on San Francisco’s recovery, Hines’ Parcel F project is moving forward despite Salesforce’s recent… Read more
Federal Funds Advance $70B in Highway Improvements
State governments leveraged $29 billion in federal funds to advance $70 billion in highway improvements during fiscal year 2020, according… Read more
PCCP Partners with CalSTRS to Invest in Single-Family Rentals
PCCP LLC, along with the California State Teachers’ Retirement System (CalSTRS) and a global institutional investor, have formed a joint… Read more
Avison Young Taps Cody Lerner As Principal
Cody Lerner was recently named principal, based in Avison Young’s Inland Empire office. Lerner has been with the company for… Read more
Bridge Financing Allows Finishing Touches for Lido Marina Village
Bridge financing of $45.6 million will allow for a renovation to be completed on the Lido Marina Village, a 106,000-square-foot… Read more
Ground-Floor Retail and Location Seal the Deal in Glendale
A ground-floor retail component deemed essential needs proved to be an important component in the recent sale of The Harrison,… Read more
LIHTC Fund to Create Nearly 2,000 Affordable Homes
The recent closing of the Enterprise Housing Partners Fund XXXIV (EHP 34) is a nearly $200 million multi-investor Low-Income Housing… Read more
Stephen Bechtel Jr. Passes Away at 95
Stephen Bechtel Jr., 95, the third generation of his family to head international construction firm Bechtel Corp, died in his… Read more
Three Revolving Lines of Credit Total $225M
Meridian Capital Group recently arranged three $75 million revolving lines of credit totaling $225 million for three large national debt… Read more
BrightView’s Donnelly Sees “Challenging” 2021 for Development, Construction
BrightView Landscape Development’s president, Thomas C. Donnelly, shares insights for 2021. The Blue Bell, PA-based landscape contractor has more than… Read more
Drinking Establishments Get Good News on Reopening
Late last week, the California Department of Public Health (CDPH) updated public health guidance in the Blueprint for a Safer… Read more
5000 Birch Has Numerous Cap Improvements in the Works
5000 Birch, a two-building 308,567-square-foot class-A office property in Newport Beach, is undergoing amenity enhancements and just signed a restaurant… Read more
Big-Box Development Opportunities Challenging in Inland Empire
Because the Inland Empire is one of the strongest industrial markets in the nation, finding viable development options is sometimes… Read more
CompStak Enters Partnership with AIR CRE
CompStak has signed a partnership with AIR CRE, a member-owned real estate network in Southern California. The partnership provides AIR… Read more
Fully Leased McClellan Submarket Warehouse Finds Buyer
5440 Stationers Way is in a last-mile location in the McClellan Industrial submarket of Sacramento and has access to critical… Read more