California
AI Platform Sierra Signs First NYC Office Lease in SoHo
Manova Partners has signed Sierra, a conversational AI customer experience platform, to a full-floor lease for 14,563 square feet at 375… Read more
Starbucks-Anchored Strip Center Sells in 1031 Exchange
Hanley Investment Group Real Estate Advisors closed the sale of Rancho Ortega Plaza, a two-story, 23,122-square-foot strip center anchored by Starbucks… Read more
Construction Debt on Brentwood Multifamily Retired via HUD Loan
Gantry secured a $48.9-million permanent loan to retire construction financing for the development of the Silvergate Apartments at 1290 Business… Read more
Sacramento Apartments with Strong Track Record Fetch $55M
CBRE facilitated the $54.6-million sale of The Falls at Arden, a 272-unit multifamily community located at 2345 Northrop Ave. in Sacramento.… Read more
BlackRock Makes Ventura County’s First Unleveraged Institutional Deal
Newmark arranged the sale of Santal Thousand Oaks, a 142-unit mid-rise multifamily property located in Thousand Oaks. The transaction represents… Read more
TailoredSpace Opens Full-Building Coworking Facility in Burbank
TailoredSpace has opened its latest coworking space in Downtown Burbank. The new site located at 40 E. Verdugo Ave. encompasses… Read more
Strauss Investments Adds Carlsbad Office Campus to Local Portfolio
Newmark arranged the sale of Carlsbad Pacific Center, a three-building Class A office campus located at 701-705 Palomar Airport Rd.… Read more
Hanley Investment Group Brokers Sale of Amazon Facility in Montana
Hanley Investment Group Real Estate Advisors completed the sale of a newly constructed Amazon-occupied, single-tenant property located within The Foundry,… Read more
Marcus & Millichap Seals Deal for Redwood City Apartments
Marcus & Millichap closed the sale and financing of Harrison Street Apartments, a 22-unit multifamily property located at 150 Harrison… Read more
Second Harvest of Silicon Valley Launches New Headquarters
Cox, Castle & Nicholson LLP served as legal counsel to Second Harvest of Silicon Valley in the acquisition and entitlement of its new 215,000-square-foot… Read more
DivcoWest Unveils $100M of Upgrades at Downtown Boston’s One Lincoln
Seven months after acquiring One Lincoln out of foreclosure, DivcoWest has unveiled $100 million of upgrades to the 1.1-million-square-foot downtown… Read more
IPA Closes Sale of Echo Park Retail to Optimus Properties
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the sale of Echo Park Village, a 21,876-square-foot retail… Read more
Alterra IOS Acquires Riverside Facility with Dual Rail Service
Alterra IOS has acquired a 13.89-acre industrial outdoor storage facility in the Eastern Inland Empire submarket of Riverside, located at… Read more
Alameda Adaptive Reuse Lands Refi via Freddie Mac
Northmarq’s San Francisco Debt + Equity team, led by Dan Baker and Jason Szuminski, arranged $54 million in financing for Storehouse Lofts, a 197-unit residential mixed-use property… Read more
Bridge Logistics Acquires Two-Building Portfolio in Supply-Constrained Market
Bridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group Holdings LLC, acquired 18305 and 18501 San Jose Ave., a two-building, 450,000-square-foot industrial… Read more
CRE Healthcare Trends: Steady Absorption, Muted Investment Activity
Private investors currently represent “the lion’s share of buying activity” in healthcare real estate, although hospitals and health systems have… Read more
Portola Valley Office/Medical Campus Comes Up for Sale
JLL Capital Markets is marketing for sale The Offices at Ladera, a seven-building, 29,156-square-foot office/medical campus in Portola Valley. Senior managing… Read more
Juul May Have Buyer for San Francisco Headquarters Tower
Nearly six years after its owner listed it for sale, the Juul-owned 123 Mission St. office tower in San Francisco… Read more