California
We’re Looking for 110 of Real Estate’s Most Influential Women
Response to date has been strong for the 2020 Women in Real Estate Awards, but we believe there are many… Read more
Passco Acquires South Carolina MF Community for $78M
California-based commercial real estate company Passco has acquired One Hampton Lake, a 330-unit multifamily community in Bluffton, S.C. The property… Read more
CBRE Executes Eight Office Leases for Behavioral Healthcare Firm
CBRE arranged seven new office leases and one expansion for LifeStance Health across the Greater San Diego area. The national… Read more
Claudia Walraven Tapped to Lead Kennedy Wilson Asset Management
Beverly Hills-based Kennedy Wilson named Claudia Walraven Head of Asset Management where she will have oversight of the company’s growing… Read more
ATUM Biotechnology Bags Newark Facility
ATUM Biotechnology acquired a 40,136-square-foot industrial building in Newark from QQE Properties LLC for nearly $9 million. The buyer, a… Read more
Silverstein Completes $430M Acquisition of L.A.’s U.S. Bank Tower
New York-based Silverstein Properties completed the $430-million acquisition of U.S. Bank Tower, a 1.4-million-square-foot trophy office building in Downtown Los… Read more
Buchanan Street Expands Portfolio with $74M Colorado Acquisition
Newport Beach, CA-based Buchanan Street Partners acquired The Vibe Apartments, a 276-unit multifamily community in Fort Collins, CO from Milestone… Read more
California Policy Lab Analysis Shows State’s Jobless Claims Surge “Startlingly High”
California unemployment claims have risen to “startlingly high” levels with the downward trend in jobless filings suggesting the recovery will… Read more
L.A. CRE Veterans Launch Flexible Office Space Company
Commercial real estate veterans G. Ryan Smith and Michael Zietsman launched Ivy, a new CRE company to assist office landlords… Read more
KBS Names Gio Cordoves Regional President
Newport Beach-based KBS promoted Giovanni (Gio) Cordoves from SVP and co-director of asset management to Regional President of the Western… Read more
Rockefeller Acquires 30 Acres from Newcastle, Plans Industrial Development
Rockefeller Group acquired roughly 30 acres in Riverside County from Newcastle Partners for nearly $20 million and plans to develop… Read more
Aimco Forms $10B MF REIT, Closes $2.4B JV
Denver-based Apartment Investment and Management Company (Aimco) plans to separate into two publicly traded companies, Apartment Income REIT (AIR) and… Read more
El Cajon Industrial Facility Trades for Record
Inland Pacific completed the largest single asset industrial sale transaction in East County history. The property, located at 1111 Pioneer… Read more
San Francisco Reopens Businesses Shuttered for Months
Nearly six months after thousands of businesses across San Francisco were ordered to shut down in an effort to halt… Read more
Naperville Will See First Amazon Fresh Outside Calif.
A former Dominick’s on Route 59 in Naperville will become Amazon’s second Amazon Fresh grocery store, the Chicago Tribune reported.… Read more
Oak Coast Completes $163M Disposition of Denver MF
Los Angeles-based Oak Coast Properties completed the $163-million disposition of the Pembrooke on the Green Apartments in Denver. The buyer… Read more
Newmark Adds 11 Senior-Level Industrial Brokers
Newmark Group has added 11 senior-level industrial brokers from Savills across five North American markets, including six in the Rutherford, NJ… Read more
Creating an Integrated Biotech Campus Environment Requires Collaboration
By srmERNST’s Joe Ernst and Exelixis’ Dana Aftab Exelixis, a growing life science company that develops and commercializes drug treatments… Read more
Gov. Newsom Opposes California Rent Control Measure, But Supports Split-Roll Tax
California Governor Gavin Newsom is opposed to Proposition 21, the rent control measure on the Nov. 3 statewide ballot. But… Read more