California
Matt Calvet Joins Kidder Mathews in Carlsbad
Matt Calvet has joined Kidder Mathews’ Carlsbad office as a vice president. He will specialize in industrial warehouse properties. Before… Read more
NorthMarq Negotiates $240M Refi for 6-Property SoCal MF Portfolio
Advanced Real Estate Services, Inc. secured $240,441,000 to refinance six multifamily properties totaling 1,223 units in SoCal. Three of the… Read more
Idaho’s Tamarack Resort Elevates Resort Operations, Real Estate Leaders
Idaho’s Tamarack Resort has elevated its leadership team with the addition of new hires and promotions of long-time managers. Wolfe… Read more
U.S. Apartments Manage Second Month of Rent Gains
U.S. apartment rents eked out a second consecutive month of growth, increasing by an average of $1 nationwide from July… Read more
Amazon Opens Beaumont Fulfillment Center
Amazon.com, Inc. opened its latest fulfillment center in Beaumont. The more than 640,000-square-foot facility is located within Laguna Beach-based McDonald… Read more
California Continues to Report “Outsized” Share of Jobless Claims
California’s unemployment claims rose to a total of 237,500 last week, the Labor department reported on Thursday. That reflects a… Read more
Chase Provides Funding for Rehab of Three Historic SRO’s in San Francisco
Mission Housing secured crucial funding for the rehabilitation of three historic Single Resident Occupancy (SRO) hotels in San Francisco, the… Read more
Development Underway on Innovative Workplace in Downtown San Diego
San Diego’s LeBeau Realty & Associates commenced development on a six-story, 90,000-square-foot office building that shares a site at 450… Read more
Paragon Opens First Amazon Fresh Grocery Store
Paragon Commercial Group, LLC completed the redevelopment of a former Toys “R” Us anchored property in Los Angeles into the… Read more
Hanley Arranges Two QSR Sales at KC-Area Shopping Center
Hanley Investment Group Real Estate Advisors arranged the sale of two newly-constructed retail investments occupied by Taco Bell and Scooter’s Coffee on… Read more
Rockefeller Group Delivers Centerpointe Commerce Center
Construction is complete on Rockefeller Group’s Centerpointe Commerce Center, a 203,944-square-foot industrial distribution center in Moreno Valley. The developer acquired… Read more
Clippers Land Acquisition Approved for $1.8B NBA Arena in Inglewood
The Inglewood Basketball and Entertainment Center (IBEC) received final approval this week from the Inglewood City Council, fully entitling the… Read more
Buchanan Street Partners Divests Sorrento Mesa Asset for Nearly $21M
Newport Beach-based Buchanan Street Partners divested a 51,690-square-foot office building in San Diego’s Sorrento Mesa submarket for $20.6 million, or… Read more
BLT Completes Volkswagen Campus in Oxnard
Santa Monica-based BLT Enterprises completed the Oxnard Engineering Campus (OEC) in Oxnard for Volkswagen Group of America, Inc. The expanded… Read more
Meridian-Harrison St. JV Bags Irvine Office, Plans MOB Conversion
Meridian and Harrison Street bought a 110,400-square-foot, four-story Class A office building in Irvine, reportedly for $43 million. The JV… Read more
Avison Young Brings Downtown Phoenix Gateway Urban Redevelopment to Market
A two-story, 53,000-square-foot office/flex building in Phoenix’s Downtown Gateway submarket is on the market. The 3.3-acre site at 1500 North… Read more
Metro Raleigh Grocery Property Trades for $35M
JLL has arranged the $34.8 million sale of Wegmans, West Cary, a 103,000-square-foot, single-tenant retail property in Cary, N.C. Tom… Read more
Curative Will Build COVID Testing Facility in Pflugerville
Curative, Inc. plans to open its third lab facility in the country at 1700 Royston in Pflugerville, providing coronavirus testing and… Read more
Law Firm Claims 32K SF in Oakland Consolidation at Starwood Tower
Burnham Brown signed a new direct lease for 32,000 square feet of Class A office space at Starwood Capital Group’s… Read more