California
James Malone Returns to JLL After Stints at Colliers & Brookfield
Commercial real estate veteran James Malone has returned to JLL as Executive Vice President in Los Angeles. He adds more… Read more
California Legislative Leaders Seek Delay on Eviction Ban Decision
The California state Legislature plans to weigh eviction protection measures in the current legislative session set to adjourn on Aug.… Read more
NAI Partners Launches Investment Sales Division
NAI Partners has launched its Texas Investment Sales division, recruiting Scott Lunine to lead the effort. Previously regional head of… Read more
California Bill Would Require Employers to Report COVID-19 Exposures
A proposed California Assembly Bill 685 would require employers to quickly alert employees and health officials when a worker is… Read more
Dedeaux, Stockbridge JV Lands Infill Industrial in Santa Clarita for $28M
Los Angeles-based Dedeaux Properties in JV with Stockbridge Capital Group acquired a vacant 214,436-square-foot warehouse and distribution center in Santa… Read more
Government-Occupied Riverside Office Asset Sold for $16M
Laguna Beach-based Dornin Investment Group divested a 44,354-square-foot, Class A office building in Riverside for $16 million, or $361-per-square-foot. The… Read more
Kilroy Exchange Asset Earns WELL Recognition, First & Largest in San Francisco
Kilroy Realty Corporation’s four-building, 750,000-square-foot office project, The Exchange on Sixteenth in San Francisco, earned WELL Core & Shell Certification… Read more
Sand Hill Property Inks Guardant Health to 250K-SF Deal
Sand Hill Property Co. signed a 250,000-square-foot sublease with Guardant Health at 3000 Hanover St. in Palo Alto. The cutting-edge… Read more
Amazon Snags San Bruno Warehouse Near SFO for $96M
Amazon acquired a 1948-built warehouse on 7.75 acres in San Bruno near SFO for $96 million. The 215,640-square-foot building was… Read more
Carmichael Claims Nearly 29K SF at Monterey Park Corporate Center
Customs broker and freight forwarder Carmichael International Service signed a long-term 28,777-square-foot lease at 1200 Corporate Center Dr. in Monterey… Read more
CBRE’s Luis Morejon Takes Regional GWS Leadership Role
Los Angeles-based CBRE appointed Senior Managing Director Luis Morejon to oversee the management of client portfolios in the U.S. Southwest… Read more
Gaw Capital USA, DJM Plan $100M Revamp of Hollywood & Highland
Gaw Capital USA together with DJM unveiled a new vision and plans for the Hollywood & Highland retail center in… Read more
Marcus & Millichap Handles Escondido Net-Lease Deal
A 10,566-square-foot net-leased property in Escondido occupied by UMA Solar Distributors traded hands for $1,875,000. San Diego-based KA Shores, LLC… Read more
Signature Bank Signs on at Granite’s 100 Bayview in Newport Beach
Granite Properties signed a more than 11,000-square-foot lease with Signature Bank at 100 Bayview in Newport Beach. The New York-based… Read more
Apartment Rents Post First Monthly Gains Since February
Multifamily rents increased by $2 nationally in July to $1,460, according to a Yardi Matrix report. The monthly increase ended… Read more
Hana Launches Product Council to Address Needs of Office Tenants
Hana, a New York-based subsidiary of CBRE, launched a new product council, Hana Innovation Partners (HIP), intended to address evolving needs… Read more
Alliant Capital Closes $65M Tax Credit Fund
Woodland Hills-based Alliant Capital closed Fund 103, a $65-million low income housing tax credit fund that will facilitate the creation… Read more
BLT Enterprises Acquires One of Hollywood’s Crown Jewels
Santa Monica-based BLT Enterprises acquired Television Center, a nearly 200,000 square-foot creative office and production campus in Hollywood for $64… Read more
Continued Strength, Resiliency in Housing Market
Irvine, CA-based CoreLogic released the CoreLogic Home Price Index (HPI) and HPI Forecast for June 2020. Nationally, home prices increased… Read more