California
Aecom Relocates Global HQ to Downtown Los Angeles
Aecom plans to relocate its global headquarters from Century City to Downtown Los Angeles at 300 S. Grand Ave. The… Read more
MG Properties Group Claims Murrieta MF from MBK
MBK Rental Living divested Mitchell Place, a 230-unit new Class A apartment community in Murrieta to MG Properties Group. The… Read more
Money360 Expands Leadership Team
Ladera Ranch, CA-based Money360 named industry veteran Tom MacManus President of the firm. MacManus will be responsible for leading the… Read more
Overton Moore Picks Up Second Bay Area Value-Add Asset
Concourse Tech Park, a 110,148-square-foot office and R&D building in San Jose, traded hands for $13.5 million. The buyer was… Read more
Pandemic Accelerates San Diego Life Sciences Sector Momentum
The coronavirus pandemic has accelerated momentum in the U.S. life sciences industry, particularly amid the race to produce a COVID-19… Read more
SoCal Ports Volume Boom Portends Bright Holiday
The Southern California Ports of Los Angeles and Long Beach are handling record volume of cargo, as retailers stock up… Read more
Newly-Built Garden-Style Phoenix MF Goes for Nearly $35M
Elux at Tramonto, a 138-unit garden-style multifamily property in Phoenix, traded hands for $34.7 million. Scottsdale-based Snowdon Partners divested to… Read more
Greens Global Makes First Austin Deal
JLL Capital Markets arranged financing for the acquisition of a newly constructed 1,152-unit, CubeSmart-branded self-storage facility at 8023 W. Palmer Ln.… Read more
Shorenstein Sells Beaverton Campus to DRA-Prescott for $130M
A partnership between a fund controlled by New York-based DRA Advisors LCC and Prescott Partners purchased Nimbus Corporate Center for… Read more
Brookfield Boosts SoCal Logistics Portfolio
Brookfield Properties added 16306-16326 Bloomfield Ave. in Cerritos to its U.S. logistics portfolio. The 50,096-square-foot small bay building features both… Read more
California will Require State Approval on Virus Vaccines
Distribution of any new coronavirus vaccines in California will first require a review by a panel of the state’s own… Read more
COVID Test Kit Distributor Inks Long-Term Deal at Pasadena Towers
Innova Medical Group Inc. signed a 15,024-square-foot office lease exceeding a 10-year term at Pasadena Towers in Pasadena. The company… Read more
Google Expands at Two Rincon Center
Google leased 42,000 square feet at Hudson Pacific Properties’ Two Rincon Center in San Francisco. The Mountain View-based search giant… Read more
Mike Huth Promoted to New Role in JLL’s Hotels & Hospitality Group
JLL Hotels & Hospitality promoted Mike Huth to an Executive Vice President of Hotels Debt Capital Markets in Los Angeles.… Read more
Walker & Dunlop Completes Deal for Trophy San Diego MF
Valentina by Alta, a newly-constructed, 110-unit apartment community in the highly-coveted Little Italy neighborhood of San Diego traded hands. The… Read more
Marcus & Millichap to Acquire Mission Capital
Marcus & Millichap (MMI) has entered into a definitive agreement to acquire Mission Capital, a nationally recognized capital markets advisor… Read more
Cuomo Okays Reopenings for Movie Theatres, Ski Resorts
In separate announcements over the weekend, Gov. Andrew Cuomo said ski resorts across New York State may reopen at 50%… Read more
Kidder Mathews Handles Tempe Office Center Deal
Tempe Office Center, a two-building, 24,381-square-foot business park located at 950 W. Southern Ave. and 3225 S. Hardy Dr. in… Read more
Advanced Acquires Chino Hills MF for $130M
Irvine-based Advanced Real Estate Services, Inc. acquired The Crossings, a 346-unit, newly-built apartment community in Chino Hills for $130 million.… Read more