California
Agorus Claims Nearly 39K SF in El Cajon
Agorus, a local construction automation and technology company, expanded from its existing Miramar location to lease 29,783 square feet of… Read more
Vertical Ventures Lands Milpitas Office/R&D Campus for $46M
Vertical Ventures LLC acquired a three-building office/R&D campus in Milpitas for $45,500,000. The buildings are located at 475, 501 and… Read more
California Declares State of Emergency for Wildfires Amid Record Heat Wave
California Governor Gavin Newsom on Tuesday declared a statewide emergency to help ensure the availability of vital resources to combat… Read more
National University Divests Torrey Pines HQ
National University System, a veteran-founded nonprofit university with more than 45,000 students across 28 global campuses, sold The Pointe at… Read more
Amazon Expands Office Footprint, Investing $1.4B in 6 U.S. Cities
Seattle-based Amazon plans to create 3,500 new tech and corporate jobs across six cities in the United States. The company… Read more
John Moe Joins Colliers in Bay Area Leadership Role
Colliers U.S. expanded its leadership team in the Bay Area with the addition of John C. Moe, who joins as… Read more
Avison Young Completes Off-Market Deal for Winemaker in Temecula
Peltzer Family Cellars, LLC acquired a 7,474-square-foot industrial property from Florida-based Business Park Drive, LLC for $1.34 million. The property… Read more
Ice Cream Manufacturer Scoops Up Santa Ana Facility from Bridge
Bridge Development Partners, LLC sold Bridge Point Santa Ana, an industrial facility at 3400 W. Segerstrom Ave., to Brothers International… Read more
China-Based E-Commerce Company Claims Space at Prologis Facility
China-based E-commerce company US Elogistic Services Corp signed a 232,229-square-foot lease at Prologis Vernon Business Center. This is the largest… Read more
Vacant Air Conditioning Factory to Become Mixed-Income Apartments
Notwithstanding the economic challenges due to COVID-19, funding has been secured to acquire and begin transformation of the long-shuttered Friedrich Air… Read more
Rent the Runway Shifts from Retail Stores to Drop Boxes
Clothing subscription company Rent the Runway will close all of its retail stores, including its Union Square flagship. Rent the Runway… Read more
California Investor Acquires Houston Apartments
Lane Kommer, SVP in the land and investments division at Henry S. Miller Brokerage, represented AmCal Equities, LLC of Agoura… Read more
California Housing Recovery Continues, Median Home Price Sets Another Record High
California’s housing market continued to recover as home sales climbed to their highest level in more than two and a… Read more
Rising Realty’s Chris Rising Breaks Down Future of Office (VIDEO)
Los Angeles-based Rising Realty’s Chris Rising is not shy about tackling the challenges facing the the commercial real estate industry… Read more
IDS’ Liberty Station Office District Fully Leased
Los Angeles-based IDS Real Estate Group signed three new office leases at Liberty Station in San Diego’s Point Loma neighborhood,… Read more
Glencrest Bags Briggs Village Apartments in Olympia
San Francisco-based Glencrest Group acquired Briggs Village Apartments, a 72-unit, new construction multifamily property located at 4225 Briggs Drive SE… Read more
Stan Johnson Co. Arranges $1M Sale of Net-Leased Hardee’s in Alabama
Stan Johnson Co. has brokered the $1.2 million sale of a retail property net-leased to Hardee’s restaurant in Florala, AL.… Read more
California Ends Temporary Eviction Protections as Legislators Weigh Long-Term Solutions
The Judicial Council of California voted 19-1 last week to end the COVID-19 emergency moratorium eviction and foreclosure rules in… Read more
CushWake Brokers 100K SF in Carlsbad Leases
Cushman & Wakefield brokered two leases comprising more than 100,000 square feet of new occupancy at the NorthPointe and Carlsbad… Read more