California
CenterPoint Lands Last-Mile Portfolio
Oak Brook, IL-based CenterPoint Properties acquired a portfolio of five last-mile sites in the South Bay submarket of Long Beach,… Read more
Greystar Starts $282M UC Hastings Student Housing Project
South Carolina-based Greystar commenced construction on UC Hastings College of Law’s $282-million mixed-use student housing project in San Francisco. The… Read more
Rexford Executes $72M in Acquisition, Disposition Activity
Los Angeles-based Rexford Industrial Realty, Inc. completed five industrial property transactions totaling $71.8 million. The activity includes the acquisition of… Read more
Scott Danshaw, Justin Harvey Join Colliers
Colliers International expanded its San Diego team with the addition of Scott Danshaw and Justin Harvey as Vice Presidents. Danshaw… Read more
Apartment Fundamentals Rebound from Shaky First Half of 2020
From the standpoint of investor demand, the apartment sector remains at or near the top of the class, rivaled only… Read more
CBRE: COVID Pandemic Stokes Demand for Life Science Real Estate in Boston
The ongoing COVID-19 pandemic has accelerated momentum in the U.S. life sciences industry, especially amid the race to produce a… Read more
Institutional Buyer Snares Dallas Walgreens
Stan Johnson Company (SJC) completed the sale of a Walgreens drugstore in Dallas. The 15,120-square-foot property, at 2060 S. Buckner Blvd., sold… Read more
Pandemic Ramps Up Already-Strong Life Sciences Demand
The pandemic has accelerated momentum in the U.S. life sciences industry, particularly amid the race to produce a COVID-19 vaccine,… Read more
Avanath Makes Two Buys in CEO’s Detroit Hometown
Irvine, CA-based Avanath Capital Management acquired a pair of apartment communities in Detroit in two separate deals totaling approximately $3.4… Read more
CBD Products Firm Relocates HQ to PHX’s Metro Industrial Center
DAUM Commercial Real Estate Services arranged the 7.5-year lease of a nearly 16,500-square-foot flex/industrial building at Metro Industrial Center in… Read more
Bridge Breaks Ground on Excelsior Funded Development
San Francisco-based Bridge Housing Corporation broke ground on a 137-unit affordable housing development at 4840 Mission St. in San Francisco’s… Read more
George Smith Partners Secures Construction Loan for L.A. Micro-Unit Project
George Smith Partners secured a $14.1-million construction loan on behalf of ELK Development for an 86-micro-unit development in Hollywood’s Opportunity… Read more
Regional Manufacturer Expands into Chino Facility
Colliers International brokered a 51,000-square-foot lease on behalf of a regional manufacturer at 13775 Ramona Ave. in Chino. The West… Read more
Blackstone Trades BioMed Realty to Investor Group for $14.6B
Blackstone Real Estate Partners VIII L.P. and co-investors have agreed to sell BioMed Realty for $14.6 billion to a group… Read more
Blackstone Buying Roku-Leased Coleman Highline Buildings for $275M
An affiliate of New York-based Blackstone Group Inc. is acquiring two buildings in San Jose’s Coleman Highline office complex, reportedly… Read more
Net-Leased Retail Sells in South Holland
JLL Capital Markets closed the $2.7-million sale of a three-tenant, net-leased, 5,000-square-foot retail building occupied by three essential retail tenants in… Read more
COO Cho Joins Amherst from Crow Holdings
The Amherst Group, headquartered in Austin, has named Gillian Sutton Cho as COO of investment management. Cho joins Amherst from Crow Holdings, where… Read more
California Housing Forecast Brighter, But Pandemic & Supply Constraints Concerning
Low mortgage interest rates and pent-up demand for homeownership will bolster California home sales in 2021. But the California Association… Read more
California Landmark Group Completes $120M Marina Arts District MF
California Landmark Group (CLG) completed the final phase of G8, the largest multifamily/commercial development in Marina del Rey’s Marina Arts… Read more