California
Avison Young Handles Retail Lease for L.A. Care Health Plan
L.A. Care Health Plan signed a 12,000-square-foot retail lease at Santa Fe Plaza in El Monte. The largest publicly operated… Read more
California Governor Newsom “Pulls Emergency Brake” on COVID-19 Reopening Plans
California Governor Gavin Newsom announced immediate actions on Monday to slow the spread of the COVID-19 virus. The state is… Read more
East Bay Last-Mile Facility Trades for $50M
TJL Properties, LP divested a 267,500-square-foot light industrial warehouse and office facility in Richmond for $50.13 million. An unnamed institutional… Read more
Pintar Enhances Leadership Team
San Juan Capistrano-based Pintar Investment Company added two senior members to its team. Tom Casper joined as Managing Director, Investor… Read more
Santa Barbara County MF Debuts
Irvine-based MBK Rental Living opened Azure, a luxury garden-style apartment community in Santa Maria. The new Santa Barbara County lifestyle… Read more
Trammell Crow, Clarion Ink Deal with Beverage Maker
Trammell Crow Company (TCC) and Clarion Partners, LLC inked a seven-year, 172,324-square-foot lease with DrinkPAK, LLC. for Building 2 at… Read more
Barker Pacific Bags Phoenix Self-Storage Facility
Los Angeles-based Barker Pacific Group acquired a 935-unit self-storage property in Phoenix from Hawkins Company Commercial Developers for $14.25 million.… Read more
California, Oregon & Washington Issue Travel Advisories Heading into Holiday Season
California Governor Gavin Newsom, Oregon Governor Kate Brown and Washington Governor Jay Inslee issued travel advisories on Friday, as COVID-19… Read more
CapRock Claims 12.5-Acre Redevelopment Site in Pomona
Newport Beach-based CapRock Partners acquired a 230,000-square-foot infill industrial property on a 12.5-acre redevelopment site in Pomona. The property traded… Read more
Newly-Delivered La Habra Transloading Distribution Facility Divested
West Harbor Capital sold a newly developed last mile transloading eCommerce distribution facility situated on 11 acres in La Habra.… Read more
RanchHarbor, Stos Snag San Diego Industrial Portfolio
Newport Beach-based RanchHarbor and San Diego-based Stos Partners acquired two industrial properties in San Diego. The assets, collectively referred to… Read more
San Francisco Extends Commercial Eviction Moratorium Until Next Spring
The San Francisco Board of Supervisors unanimously approved an extension of the city’s commercial real estate eviction moratorium through March… Read more
Savills Secures San Fernando Valley Lease Extension for Harman
In one of the largest leasing transactions in the San Fernando Valley year-to-date, Savills finalized a long-term, 164,000-square-foot lease extension… Read more
Co-Living’s Success is Market-Agnostic
Leading indicators point to continued demand from co-living’s young, target demographic despite the ongoing public health and economic crisis, Cushman… Read more
TPG Real Estate Claims Tempe MF from Preferred for $58M
An entity affiliated with San Francisco-based TPG Real Estate acquired Regents on University in Tempe from Atlanta-based Preferred Apartment Communities… Read more
DTLA Construction, Investment Activity Bright Spot in SoCal
The Downtown Center Business Improvement District (DCBID) just released its Q3 2020 DTLA Market Report revealing that while the L.A.… Read more
Logistics Firm Takes 411K SF with Dermody in Rialto
Reno-based Dermody Properties leased LogistiCenter at Rialto I Building 4, a 411,330-square-foot logistics facility, to a privately-owned-and-operated logistics company that… Read more
New U.S. Jobless Claims Fall to Lowest Level Since Pandemic Started
The number of American’s filing initial claims for unemployment dropped to 709,000 in the week ending November 7th. The Labor… Read more
RiverRock Expands Management Portfolio by 6.5M SF
Newport Beach-based RiverRock Real Estate Group was tapped by Santa Monica-based Karney Properties for a 6.5-million-square-foot property management and accounting… Read more