California
San Diego MOB Sells for $37M
Torrey Hills Medical Plaza, a 47,596-square-foot, Class A medical office building and attached parking garage in San Diego, traded hands… Read more
SoCal Ports Move Record Cargo Volume in 2020
Southern California’s ports reported they both moved a record number of cargo containers in 2020, despite sudden shutdowns in March… Read more
St. Anton Commences Construction on $100M Santa Clara Community
Construction is underway on a nearly $100-million affordable-housing community developed by St. Anton Communities in Santa Clara. The transit-oriented development… Read more
KBS Divests PHX’s Anchor Centre to Florida Buyer for $104M
Florida-based TerraCap acquired Anchor Centre, a 333,014-square-foot Class A office property in Phoenix, from Newport Beach, CA-based KBS REIT III… Read more
Construction Management Firm CREDE Opens NJ Office
CREDE, an Irvine, CA-based commercial real estate development and construction management company, has expanded into the Mid-Atlantic region with a… Read more
Panattoni Developing $356M, 2.8M-SF Distribution Center in Arlington
Irvine, CA-based Panattoni Development Co. plans to develop a $356-million, 2.8 million-square-foot distribution center next to Arlington Municipal Airport in… Read more
California Housing Market Ends Year on High Note
California’s housing market closed out 2020 on a high note, recording solid sales and a fifth record-high median price in… Read more
CushWake Names Matt Chatham Managing Principal for Northern California
Cushman & Wakefield appointed veteran real estate professional Matt Chatham to the role of Managing Principal for the Northern California… Read more
High-Performing Team Leaves CBRE for Colliers
Colliers International expanded its industrial footprint in Los Angeles with the addition of a team of industrial brokers. David Harding,… Read more
Urban Catalyst Raises $131M in First Opportunity Zone Fund
San Jose-based Urban Catalyst reports it raised $131 million in its first funding round to further transform downtown San Jose… Read more
My Friend, My Mentor, and One of the Best Title Reps
A Tribute to Gil Escobedo By Daniel Ceniceros, CEO of Connect Media “Just a title rep.” Throughout my career, I’ve… Read more
Breaking News: Beyond Meat Cooks Up New 300K-SF HQ Facility in El Segundo
Los Angeles-based Hackman Capital Partners signed a nearly 300,000-square-foot headquarters lease with Beyond Meat at 888 N. Douglas St. in… Read more
Pandemic Turbocharges Demand for Medtail
Even before COVID-19 swept through the U.S., medical clinics were increasingly popping up in retail strips, shopping centers and around… Read more
Digital Realty Opts for Austin HQ in Move from Bay Area
Data center owner-operator Digital Realty, the nation’s fifth-largest public REIT with a market cap of $37.4 billion, said Thursday it… Read more
CenterCal Taps Craig Ramey for PNW, Bay Area Leadership Role
CenterCal Properties named Craig Ramey President of the Pacific Northwest and Bay Area. Ramey will lead development, construction, and tenant… Read more
CRE Finance Industry Veteran David Christensen Joins Red Oak Team
Red Oak Financial added David K. Christensen to the firm’s growing team. Christensen, who brings more than 35 years of… Read more
Developer Acquires 25 Acres in San Diego for $11.5M
Newport Beach-based Phelan Development acquired a 25-acre land parcel in San Diego from Sunwood for $11.5 million. Development plans include… Read more
NAI Global Wireless Launches Service Nationwide
NAI Global launched a new North American service to exclusively represent property owners and landlords to market their land to… Read more
NAIOP SoCal Names 2021 Leadership, Board of Directors
The Southern California chapter of NAIOP announced its 2021 Executive Committee and Board of Directors. The slate encompasses a diverse… Read more