California
City Gardens Multifamily Gets $104M Refi
JLL Capital Markets recently arranged the $104 million refinance of City Gardens, a recently developed multifamily property located in San… Read more
Focus on Mixed Use Leads to Promotion of Retail Associate
The development of retail/residential mixed-use properties has been center stage for the past 10 years and amplified even more so… Read more
Nearly 30 Acres in Temecula to Become Much-Needed Housing
A 27.86-acre residential land parcel recently sold in Temecula for an undisclosed price. Meritage Homes acquired the property with plans… Read more
Two Spec Buildings Come Out of the Ground in Otay Mesa
Murphy Development Company (MDC) has started construction on two speculative industrial buildings, Building A, a 105,150-square-foot building, and Building C,… Read more
Four State Housing Appointments Are Reappointed Roles
Gov. Gavin Newsom recently announced several reappointments to the Department of Housing and Community Development and California Housing Partnership Corporation.… Read more
Brooklyn Basin is a Go with $130M Construction Financing
Brooklyn Basin–Parcel G in Oakland is fully entitled for 371 multifamily apartment homes and 31,000 square feet of retail on… Read more
Eight-Property Multifamily Portfolio Goes for $72M
The Westside Collection, an eight-property 212-unit multifamily portfolio located in the Westside region of Los Angeles County, recently sold for… Read more
JLL’s New Irvine Office Fosters Collaboration
Following the acquisition of HFF in July 2019, JLL created a collaborative work environment by moving into its new 35,000-square-foot… Read more
Millenia Smart Park’s 1.5M SF to Target Autonomous Tech
Breaking ground in the summer of 2021, Millenia Smart Park consists of three connected campuses totaling up to 1.5 million… Read more
Riverside County Surplus Land is Best Suited for Housing
Shopoff Realty Investments recently sold 45 acres of raw land in Riverside County to Pulte Homes for $6.5 million. Shopoff… Read more
State’s Vaccine Supply to Prioritize Education Workers
Beginning today, at least 10 percent of the vaccine supply will be dedicated to education workers including teachers, paraprofessionals, bus… Read more
$69M Loan Will Replace Construction Debt for Multifamily Asset
A $69.75 million loan was recently secured by JPI Pacific Beach, a multifamily property located in the Pacific Beach submarket… Read more
Duke Realty Activity Increases SoCal Investment to $2B
The Southern California office of Duke Realty Corporation recently acquired two in-service facilities and started a speculative development in Los… Read more
Industrial Development Struggles to Keep Pace With Demand
CBRE reports the amount of U.S. warehouse space absorbed by tenants through the first nine months of 2020 equaled the… Read more
Port and Research Facilities Set Houston Apart
Houston has several attributes that set it apart from other U.S. cities. For one, the Port of Houston is the… Read more
Rancho Verde Plaza Finally Gets Grocer After Five Years
A much-needed grocer is taking an 8,000-square-foot space in Rancho Verde Plaza. The lease was recently inked with Rialto Ranch… Read more
Waterford Acquires $160M TOD Asset in Anaheim
Waterford Property Company in partnership with the California Statewide Communities Development Authority (CSCDA) recently acquired Jefferson Platinum Triangle, a transit-oriented… Read more
WoodWorks Announces 2021 Wood Design Awards
WoodWorks-Wood Products Council has announced the winners of its 2021 Wood Design Awards. These projects celebrate excellence in wood building… Read more
Office-Using Tenants Look Past the Pandemic
If it seems as though you’ve been reading more stories about office leasing deals on Connect recently, it’s not a… Read more