California
Highland Delivers $25M for Glendale Creative Office Conversion
A JV between Los Angeles-based Hileman Cowley Partners LLC and San Diego-based LLJ Ventures LLC secured a $25-million bridge loan… Read more
SRS Brokers Grocery Outlet-Anchored Sale in Norco
SRS Real Estate Partners handled the $6-million sale of a new construction, 18,000-square-foot, single-tenant property occupied by Grocery Outlet at… Read more
Pabst Brewing Moving HQ Back to San Antonio
Pabst Brewing Co., which relocated its headquarters to Los Angeles in 2011, is coming back to San Antonio. The holding… Read more
Paradise Valley Plaza Picked Up by Montana Investor
Billings, MT-based Cloud Peak Development, LLC acquired Paradise Valley Plaza in Paradise Valley from Solana Beach, CA-based Fenway Capital Advisors… Read more
Home Builder Scores Former Golf Course
Marcus & Millichap finalized the sale of Terrace Hill Golf Course, a disused 140-acre facility located in Algonquin, IL. Terms of the… Read more
Marcus & Millichap Handles $58M Solano County MF Sale
Marcus & Millichap brokered the $58-million sale of Camden Parc Apartments, a 232-unit apartment complex in Vacaville. The deal works… Read more
NKF Secures $454M in Refinancing for 3-State, 7-Asset MF Portfolio
NKF completed a pair of structured transactions totaling $454 million for the refinance of seven assets on behalf of a… Read more
Shopoff Promotes Brian Rupp to Lead Real Estate Team
Irvine-based Shopoff Realty Investments promoted Brian Rupp to the role of EVP, real estate. He will now lead the real… Read more
West Adams Site Receives $50M Construction Financing for Creative Conversion
Los Angeles-based The Luzzatto Company, Inc. received $48.7 million in construction financing for Exposition 3, a 94,082-square-foot creative office property… Read more
Marcus & Millichap Brokers $7M Sale of Palm Harbor Retail Property
Marcus & Millichap has arranged the $7.4 million sale of Curlew Lakes, a 44,389-square-foot retail property in Palm Harbor. The… Read more
South Loop Apartments Fetch $190M in Year’s Priciest Deal
San Francisco-based Iconiq Capital is paying $190 million for Essex on the Park, a 479-unit high-rise luxury apartment tower at… Read more
Pearlstone Condo Project Lands Construction Debt
Waterloo Real Estate Investments and Highland Realty Capital arranged a $26.5-million construction loan on behalf of Austin-based Pearlstone Partners for… Read more
Second City Empire Goes Up for Sale
The owners of The Second City comedy empire plan to sell the brand’s diversified business, including its flagship theater at… Read more
First-Time TX Buyer Closes East Dallas Deal
CBRE arranged the sale of Bella Vista Park, a 158-unit multifamily community at 2700 N. Buckner Blvd in east Dallas. Justin Li purchased… Read more
Dealpath Integrates Platform with JLL Investor Center
Dealpath unveiled an integration offering for its deal management platform with the JLL Investor Center, launching with Rockpoint Group as… Read more
California Governor Newsom Orders Protection of 30% of State Land
California Governor Gavin Newsom signed an executive order on Wednesday that directs state agencies to deploy a number of strategies… Read more
Construction Complete on Irvine’s The Source H20
Construction is complete on The Source H20, a 69,968-square-foot office development in Irvine. The project sits on a 13.5-acre site… Read more
Duke Pre-Leases 1.1M-SF Logistics Building in Redlands
A mystery tenant claimed the entire 1.1-million-square-foot logistics building currently under construction in Redlands. Duke realty Corp. reports an unnamed… Read more
KBS Completes Initial Phase of $20M Union Bank Plaza Renovation, Earns Historic Designation
Union Bank Plaza, a 40-story, 701,888-square-foot office tower and retail plaza in DTLA, recently became the first skyscraper in Los… Read more