California
Mesa West Fund V Oversubscribes at $1.4B
Los Angeles-based Mesa West Capital, the private U.S. real estate credit arm of Morgan Stanley Investment Management, has raised $1.37… Read more
Newmark Promotes Elizabeth Hart to President of Leasing
Commercial real estate company Newmark has promoted Elizabeth Hart to President of Leasing for the company’s operating businesses in North… Read more
Scripps Ranch Office Building Trades for $6M
CBRE has arranged the sale of a 23,500-square-foot office building in San Diego’s Scripps Ranch submarket to a private buyer,… Read more
New CA Transfer Tax Referendum to Appear on 2024 Ballot
A petition calling for a new referendum on local special tax increases, headed by Kilroy Realty, will appear on the… Read more
JLL Arranges $69M in Financing for LA County Industrial Portfolio
JLL Capital Markets has arranged $69.1 million in post-close acquisition financing for Walnut Business Park, a 33-building, 335,000-square-foot light industrial… Read more
Nelson Rising, LA Developer Who Helped Shape Real Estate across the USA, Dies at 81
Nelson C. Rising, a Los Angeles-based developer and political and civic leader, died on Thursday, February 9 at his home… Read more
Allen Matkins/UCLA CRE Survey Shows a Decline in Confidence
“A less-than-confident outlook in the office sector” is the prevailing attitude from the just-released Winter 2023 Allen Matkins/UCLA Anderson Forecast… Read more
LaSalle Acquires 600K-SF Otay Mesa Industrial Building
Cushman & Wakefield has advised an Ares Management Real Estate fund in the disposition of a 601,000-square-foot, multi-tenant industrial building… Read more
BWE Helps Secure $19M Loan for San Jose Senior Community
Commercial and multifamily mortgage banking company, Bellwether Enterprise Real Estate Capital LLC (BWE) has served as financial advisor on the… Read more
LA City Council Approves Marlton Square Redevelopment Plan
The City of Los Angeles will enter into an exclusive negotiating agreement with Hudson Pacific Properties for the redevelopment of… Read more
Google San Jose Village Remains a Go
Despite recent and future cuts in workforce and office space, Bay Area tech giant Google says development of the company’s… Read more
NAIOP Mourns Passing of Former CBPA CEO Rex Hime
Rex S. Hime, California Business Properties Association (CBPA) President and CEO from 1985-2021 passed away last week after dealing with… Read more
Elevation & Crow Holdings Launch 1.8M-SF Project in Otay Mesa
A joint venture between San Diego-based Elevation Land Company and a real estate fund advised by Crow Holdings Capital will… Read more
Sony Pictures Leases 225K-SF at Miracle Mile Campus
Onni Group has signed a long-term, multi-floor, 225,000-square-foot lease with Sony Pictures Entertainment at the firm’s Wilshire Courtyard office campus… Read more
Majestic & Sunroad Sign R.L. Jones to Huge Lease in Otay Mesa
Majestic Realty Co. and Sunroad Enterprises, developers of Landmark at Otay, the largest industrial project in San Diego County, have… Read more
Nautilus BioTech Leases 7K-SF at SD Life Science Building
Phase 3 Real Estate Partners has signed Nautilus Biotechnology to a new 7,000-square-foot lease at GENESIS – HQ, a Class… Read more
Millennium Tower Structural Engineer Says Tilt is Reversing
Residents of San Francisco’s Millennium Tower received some good new from the tower’s engineer of record, who says the building’s… Read more
CBRE Arranges $46.5M Sale of Larchmont Village Apartments
A private partnership formed by Harrison Yale Hurst and Richard Rosin of H&R Investments has acquired LC by CLG, an… Read more
Marcus & Millichap Opens Flagship Office in Century City
Real estate brokerage firm Marcus & Millichap has expanded in Los Angeles, opening its largest office in Southern California in… Read more