California
Five Projects Set to Transform Silicon Valley
The Bay Area’s tech innovation and development hub represents the largest U.S. tech manufacturing center. And, workers from around the… Read more
GrowGen Acquires San Diego Hydroponics
GrowGeneration Corp., a chain of specialty hydroponic and organic garden centers, recently acquired San Diego Hydroponics & Organics, a four-store… Read more
IE Industrial Demand is Partly Due to Increased Storage Capacity
The Inland Empire industrial market exceeds 638.8 million square feet and since 2010, has posted annual gross absorption between 26.2… Read more
California Ramps Up Vaccines for Central Valley Ag Workers
As California continues to ramp up vaccination efforts statewide, Gov. Gavin Newsom announced the state is partnering with OptumServe and… Read more
Investcorp Buys Tempe Commerce Park for $85M
A recent light industrial transaction demonstrates the strength of BKM Capital Partner’s investment thesis, operating platform and commitment to generating… Read more
Kidder Mathews Names Recipients of 2020 Platinum Awards
Kidder Mathews recently announced the recipients of its 2020 Platinum Awards, the annual brokerage awards for the top five producers… Read more
NASIS Acquires Triple-Net Walgreens
Los Angeles-based NAS Investment Solutions (NASIS) has acquired a Class-A, 14,833-square-foot Walgreens in Burbank, IL for an undisclosed sum. NASIS says the… Read more
OC Sublease Space Decreases For First Time Since Start of Pandemic
The number of spaces and total square feet of sublease space added to the Orange County market noticeably declined during… Read more
Private Buyer Finds Value in Historic Courtyard San Diego Hotel
The 245-key Courtyard San Diego Downtown hotel recently sold for $64.5 million to a private buyer. The historic hotel is… Read more
Q1 Shows How Hot Industrial Could be This Year
Amazon recently leased a 1 million-square-foot building on 72 acres located at 4500 Express within Wonderful Industrial Park (WIP) in… Read more
Rialto Mega-Lease Suits Ricoh Just Fine
According to Newmark research, the Inland Empire industrial market’s net absorption reached 24.6 million square feet in 2020, on par… Read more
Colliers Arranges $4M Sale of South Carolina Retail Property
Colliers has arranged the $3.6 million sale of a 10,125-square-foot retail property occupied by CVS/Pharmacy in Sumter, S.C. CVS/Pharmacy currently… Read more
SB 478 Sets Minimum Standards on Floor Area Ratios, Lot Sizes
Senator Scott Wiener (D-San Francisco) recently introduced Senate Bill 478 and Senate Bill 477. These bills join previously introduced Senate… Read more
JV Nabs Rare Signal Hill Industrial in Off-Market Deal
A joint venture partnership of RanchHarbor and Manhattan West Real Estate recently acquired a .79‐acre value-add industrial property in Signal… Read more
Low-Rise Office Sales Are Humming in Irvine
There have been eight low-rise office building sales of more than $3.5 million in the Airport Area and Irvine Spectrum… Read more
Quantum Brokers Sale of Single-Tenant Arby’s
Quantum Real Estate Advisors brokered the sale of a single-tenant Arby’s at 15765 S. Harlem Ave., Orland Park, IL. The… Read more
Sales are Underway at Yerba Buena Island
San Francisco developer Wilson Meany and real estate investment firm Stockbridge Capital Group are kicking off sales at Yerba Buena… Read more
San Diego Office Users Continue to Navigate Space Needs
COVID-19 has forced many businesses to re-evaluate financial plans with the uncertainty surrounding the pandemic, leading to thousands of employees… Read more
Two Spec Industrial Projects Kick Off in Fontana
Transwestern Development Company (TDC) says two speculative projects align with its investment strategy to develop logistics centers to serve in… Read more