California
Avison Young Completes 4-Acre Land Deal for Mission Viejo Condo Development
Avison Young completed the $9.9-million sale of 4.11 acres of land at 28719 Los Alisos Blvd. in Mission Viejo. The… Read more
CT Realty Breaks Ground on Spec SoCal Logistics Center
Newport Beach-based CT Realty, in a JV with PGIM Real Estate, launched development on Agua Mansa Commerce Park, a state-of-the-art… Read more
Dermody Claims Former Berkeley Farms Facility in Hayward, Plans Redevelopment
Reno-based Dermody Properties acquired the former Berkeley Farms milk processing facility on 20.23 acres in Hayward, reportedly for $49.8 million.… Read more
Kidder Mathews Expands Net Leased Investment Team in San Diego
Sam Hanna joined Kidder Mathews as a SVP and will lead a team specializing in single-tenant and net leased investments… Read more
Mega Lion Claims 132K SF in Santa Fe Springs
Mega Lion, Inc. signed a long-term lease for 132,423 square feet at Golden Springs Business Center in Santa Fe Springs.… Read more
New Jobless Claims Remain Steady as California Endures Unemployment Filing Pause
California experienced a continued rise in unemployment insurance claims last week, according to a report from the U.S. Labor Department… Read more
L.A. Buyer Snags Austin Luxury Apartments
FourPoint Investment Sales Partners arranged the sale of Ethos Apartments in Austin. Built in 2014, Ethos Apartments is a 372-unit luxury garden apartment community. … Read more
California Governor Newsom to Phase Out Gas-Powered Cars by 2035
California Governor Gavin Newsom on Wednesday said that he will aggressively move the state further away from its reliance on… Read more
Dedeaux Expands Industrial Development & Investment Team
Los Angeles-based industrial real estate development and investment firm Dedeaux Properties expanded its team with the addition of Rishi Thakkar… Read more
JLL Funds $57M for 4-Asset SoCal MF Portfolio
JLL Capital Markets funded $56.73 million for a four-property multi-housing portfolio encompassing assets sized from 16 to 69 units in… Read more
Kennedy Wilson Claims Six-Building Silicon Valley Portfolio
Beverly Hills-based Kennedy Wilson acquired a six-building Silicon Valley R&D portfolio in South San Jose for $53.5 million. The nearly… Read more
MIG Moves on Bay Area, SoCal Opportunity Zone Developments
Newport Beach-based MIG Real Estate, LLC opened escrow on two new Opportunity Zone ground-up multifamily developments in California: a 140-unit… Read more
Tishman Speyer Tapped for Padres East Village Quarter Development
Tishman Speyer was selected to co-develop East Village Quarter, a new 5.4-acre mixed-use neighborhood that will adjoin and complement the… Read more
PGIM Real Estate Adds 30-Property Industrial Portfolio
PGIM Real Estate has acquired a 30-property industrial portfolio totaling 5.4 million square feet on behalf of its U.S. core… Read more
KKR Bolsters Phoenix Industrial Portfolio with Westcore Deal
San Diego-based Westcore divested a roughly 380,000-square-foot industrial property at 8001 West Buckeye Rd. in Phoenix to affiliates of KKR.… Read more
Apartment Association Fights L.A.’s Eviction Ban & Rent Freeze
The Apartment Association of Greater Los Angeles (AAGLA) filed a Preliminary Injunction Motion against the City of Los Angeles seeking… Read more
Rexford Signs Nearly 65K-SF Deal in Anaheim
Rexford Industrial Realty, Inc. signed a lease with Elbi of America for the entire free standing 64,570-square-foot industrial building at… Read more
San Diego’s Largest Iconic Industrial Building Hits Market
Cushman & Wakefield has been tapped to sell 2020 Piper Ranch Rd., a 601,417-square-foot multi-tenant industrial building in San Diego.… Read more
Single-Tenant Starbucks Drive-Thru Trades Hands
Hanley Investment Group Real Estate Advisors arranged the sale of a single-tenant Starbucks Drive-Thru at Lake Elsinore Marketplace, a 144,034-square-foot… Read more