California
PCCP Claims Chandler MF from Carlyle-Kaplan Partnership for $95M
Los Angeles-based PCCP acquired the District at Chandler, a 340-unit, four-story apartment complex in Chandler for $95 million. The seller… Read more
Innovation Curve Unveiled at Former Facebook Campus in Stanford Research Park
The final buildings at the 13.5-acre Innovation Curve Technology Park at Stanford Research Park have delivered. Sand Hill Property Company’s… Read more
Institutional Investor Appetite Grows for Sound-Stage Assets
The public’s growing appetite for streaming video content, which has accelerated during the COVID-19 lockdowns, has ignited demand for sound-stage… Read more
Newcastle Lands Newegg at Eastvale Distribution Center
San Francisco-based Newcastle Partners signed a 275,986-square-foot lease with Newegg to take the entire South Milliken Distribution Center in Eastvale.… Read more
USC Lusk Center Hosts Virtual Two-Part Casden Forecast Event
California Lt. Gov. Eleni Kounalakis is slated to be the featured keynote speaker for the USC Casden 2020 State of… Read more
Voit Forms Collaboration with Battery Storage Firm
Voit Real Estate Services in San Diego established an exclusive collaboration with Tangerine Energy, an energy development company that is… Read more
Waterford Proposes $225M MXU in Santa Ana
Newport Beach-based Waterford Property Company unveiled plans for Central Pointe, a $225-million luxury mixed-use, transit-oriented project in Santa Ana. The… Read more
California Elections Recap: Voters Reject Propositions 15 & 21
California voters turned out in record numbers on Tuesday to decide a U.S. Presidential election, the outcome of which is… Read more
Port of Houston Adds Two Tenants Totaling 505K SF
Two new tenants will be joining the Underwood Port Logistics Center and Bayport North Logistics Center I, absorbing more than… Read more
George Smith Partners Refi’s Santa Clarita MXU
George Smith Partners secured a $23.5-million bridge loan to refinance existing construction debt for Newhall Crossings, a recently-completed, mixed-use development… Read more
Lennar Debuts Next Phase at SF Shipyard Development Amid Strong Sales
Lennar opened the final east-facing phase of Palisades, part of the 750-acre SF Shipyard community in San Francisco’s South Waterfront/Hunters… Read more
Lewis Advances Moreno Valley Town Center MXU
Moreno Valley approved the sale of 56.42 acres at Alessandro Blvd. and Nason St. for development of Moreno Valley Town… Read more
Sentre Delivers Revitalized Rancho Bernardo Creative Office
San Diego-based Sentre completed the renovation of Mosaic, a 60,313-square-foot creative office building in Rancho Bernardo. Move-in ready options are… Read more
Shopoff Sells Newport Beach Land for $26M, Lux Condo Development Planned
Irvine-based Shopoff Realty Investments sold a 0.95-acre lot within its Uptown Newport master development for $26.26 million. USA Infrastructure Investments… Read more
Single-Tenant REITs to Merge, Creating $5.8B Portfolio
Griffin Capital Essential Asset REIT (GCEAR) and Cole Office & Industrial REIT (CCIT II) agreed to merge, with GCEAR acquiring… Read more
Hanley Achieves Cap Rate Low for Richmond Car Wash
Hanley Investment Group Real Estate Advisors arranged the pre-sale of a new-construction, single-tenant Quick Quack Car Wash in the Houston metro… Read more
Seattle Ranks Highly in CBRE’s Annual Tech-30 Report
CBRE’s annual Tech-30 report shows tech employment has proven resilient during the pandemic. The tech industry’s share of U.S. office-leasing… Read more
Alaina Ladner Joins JLL
JLL expanded its SoCal team with the addition of Alaina Ladner as Vice President and West Region Energy & Sustainability… Read more
Buchanan Street Partners Launches Self Storage Investment Platform
Newport Beach-based Buchanan Street Partners launched a self-storage investment platform. This new growth initiative will be led by Feerooz Yacoobi,… Read more