California
TMG-Alexandria JV Divests Mall to IKEA Parent, $260M Redev Planned
TMG Partners divested 945 Market St. in San Francisco to Ingka Centres San Francisco LLC. The seller, a joint venture… Read more
RiverRock Acquires Building for New OC Headquarters
RiverRock Real Estate Group, one of the West Coast’s leading property management firms, acquired a 20,392-square-foot office building in Irvine.… Read more
Essex Realty Promotes Two to Director
Derek Kaptanoglu and Anthony Citriglia both have been promoted to director at Essex Realty Group. Previously associates with Essex Realty who… Read more
GSP Arranges Loan to Build Sheboygan Workforce Housing
George Smith Partners (GSP) recently secured a $31.5-million construction loan on behalf of Green Street Real Estate Ventures for The… Read more
Dallas Leads U.S. for Employees Returning to Offices
The Dallas metro area leads the nation in employees returning to offices, according to building security firm Kastle Systems. Although… Read more
Gary Baragona Joins Kidder Mathews from CBRE
Seattle-based Kidder Mathews expanded its team with the addition of Gary Baragona, who joins the director of research. The commercial… Read more
$1B Hollywood Center Development Advances
MP Los Angeles’ proposed $1-billion Hollywood Center project at Hollywood and Vine is a step closer to becoming a reality.… Read more
Ascentris-Cypress Inks HQ Deal with Student Housing Investment Firm
Denver-based Ascentris, and joint venture partner, San Diego-based Cypress Office Properties, signed a new 20,000-square-foot lease with NB Private Capital… Read more
Colliers Completes Sale of High-Performing Albertsons in Buellton
Colliers International handled the nearly $19-million sale of an Albertsons store in Buellton. The roughly 45,000-square-foot net leased property is… Read more
Google Proposes Another Large-Scale MXU Development in Mountain View
Mountain View-based Google submitted plans for the Middlefield Park Master Plan, a mixed-use development that would bring up to 1.33… Read more
Net-Leased Retail Property in Chapel Hill Trades for $32M
Marcus & Millichap has arranged the $32 million sale of a 99,000-square-foot single tenant retail property net-leased to Wegmans Food… Read more
Brokerage CEO Advises Industry to Make the Technological Leap
Boston Realty Advisors’ Jason Weissman says the future is now, and brokers in both the residential and commercial space need… Read more
Where to Find Some of the Best Opportunity Zone Opportunities
A widespread group of mostly-impoverished, densely-packed urban neighborhoods offers some of the best potential for Opportunity Zone investment, according to… Read more
20-Year Veteran Joins ECR as Property Management Director
Tiffany Lauchlan has joined ECR’s Austin team as the new director of property management services. With over 20 years of… Read more
“Yellowstone” TV Show Movie Studio Site Listed in Montana
A movie studio site with 3,000 feet of water frontage on the famed Blackfoot River near Missoula, MT has hit… Read more
MG Properties Group Acquires Multifamily Asset in Vancouver
San Diego-based MG Properties Group acquired the Hearth Apartment Homes in Vancouver, WA. The 179-unit community was completed in 2019… Read more
California Markets Rank Among Top for Net Lease Investment Volume
Research from CBRE shows three California markets were ranked among the Top 10 for total net lease investment volumes during… Read more
Outdoor Skydiving Facility Lands at Shopoff’s Sports Park
Plenitude Holdings LLC signed a ground sublease with Carson Outdoor Fly, LLC to bring an outdoor skydiving facility to The… Read more
Rexford Signs Corporate HQ Lease at Industrial Facility
Rexford Industrial Realty, Inc., signed a 75-month, 53,552-square-foot industrial lease at 16121 Carmenita Rd. in Cerritos with Performance Machine. The… Read more