California
Exeter Snags San Jose R&D Facility for $36M
Conshohocken, PA-based Exeter Property Group acquired 1710 Automation Parkway in San Jose from Soma Capital Partners and Atlas Real Estate… Read more
Longfellow Lands Office Asset from Shorenstein, Plans Lab Conversion
Longfellow Real Estate Partners acquired The Foundry, a 280,365-square-foot Class A office campus in San Diego from Shorenstein Properties LLC.… Read more
Michael Gregg Joins Stream’s Development Team
Stream Realty Partners expanded its team in Irvine with the addition of Michael Gregg as Director of Construction and Entitlements… Read more
VitaNova Brands Shutters Four Buffet-Style Locations
San Antonio-based VitaNova Brands (VNB) has shuttered four buffet-style restaurants operating under three different brands. All four—two Hometown Buffet locations… Read more
DealPoint Merrill Plans Redevelopment in Detroit Suburb
DealPoint Merrill LLC, based in Los Angeles, acquired a 69,275-square-foot former Kroger Shopping Center on seven acres in the retail… Read more
Peoria MF Receives $51M Freddie Mac Cash-Out Refi
An affiliate of the Aukum Group received $50,764,000 in Freddie Mac cash-out refinancing for Tuscany Ridge, a 336-unit multifamily property… Read more
Healthcare Realty Trust Claims Orange MOB
Trico Sycamore Plaza, a 22,580-square-foot multi-tenant medical office building in Orange, has traded hands in an off-market, $14-million deal. The… Read more
Meridian Arranges $70M Revolving Line of Credit for National Debt Fund
Meridian Capital Group arranged a $70-million revolving line of credit for a large national debt fund that focuses on bridge… Read more
Nome Ventures Lands Pacific Gateway for Nearly $56M
Silicon Valley-based Nome Ventures acquired Pacific Gateway, a recently renovated, 10-story office tower in Los Angeles for $55.5 million, reportedly… Read more
Peter Casey Joins Sack Properties
San Francisco-based Sack Properties appointed Peter Casey to Managing Director and added D. Ellen Shuman to the real estate investment… Read more
Report Pinpoints Challenges Ahead for Downtown Los Angeles
The long-term impacts from the COVID-19 pandemic on the economy are still uncertain, but evidence of how government ordered lockdowns… Read more
Alere Secures Tenant for Newly Built Industrial Warehouse
Newport Beach-based Alere Property Group LLC signed a 118,664-square-foot industrial lease at Telegraph Business Center in Pico Rivera. Built in… Read more
California Relaxes Social Gathering Rules Ahead of Holidays
California eased COVID-19 restrictions to allow outdoor social gatherings of up to three households. California Department of Public Health previously… Read more
CBRE Delivers $70M Refi for Watt West Los Angeles Portfolio
CBRE arranged $70 million in total loan proceeds for the refinancing of two recently renovated office properties in Culver City.… Read more
John Ollen Leaves Tishman Speyer for Brokerage Role at NKF
John Ollen, one of the commercial real estate industry’s premier leasing brokers, joined NKF as Executive Managing Director. He will… Read more
San Francisco Approves SoMa District Creative Office MXU
Urban Land Development (ULD) received San Francisco Planning Commission approval of 531 Bryant, a ground-up creative office mixed-use development in the… Read more
Seattle Reclaims Crane Crown from Los Angeles
Seattle’s crane count increased by seven cranes, knocking Los Angeles off the top spot in Ryder Levett Bucknall’s (RLB) latest… Read more
CBRE’s Holiday Trends Guide Portends A Season Like No Other
This holiday season will be shaped by changes to the shopper experience as a result of the COVID-19 pandemic. Topping… Read more
Colliers Tackles Assignment for RW Holdings NNN REIT
Newport Beach-based RW Holdings NNN REIT, Inc. entered into a strategic relationship with Colliers U.S. to outsource property-level accounting and… Read more