California
Growing Life Science Company Expands in Sorrento Mesa
Infinity Laboratories signed a 12,841-square-foot lease valued at more than $2.8 million at an industrial property in Sorrento Mesa. The… Read more
Money360 Promotes Three on Management Team
Ladera Ranch-based Money360 promoted John Calder to Managing Director of Operations, Jackie Mahoney to Managing Director of Credit Administration, and… Read more
Alta Housing Breaks Ground on Affordable Housing Community in Mountain View
Alta Housing broke ground on its newest 100% affordable residential rental community at 950 W. El Camino Real in Mountain… Read more
JLL Shifts Peter Yorck into New West Coast Capital Markets Role
Peter Yorck has been appointed Managing Director in Los Angeles for JLL Capital Markets. Yorck will relocate from San Francisco… Read more
Multi-Tenant Retail Building Trades at Costco-Anchored Center
Hanley Investment Group Real Estate Advisors arranged the sale of a multi-tenant retail building at Lake Elsinore Marketplace, a 144,034-square-foot… Read more
Northwood Nabs Corporate Pointe Asset from Symantec for $120M
New York-based Northwood Investors acquired 900 Corporate Pointe, a 287,800-square-foot office building in Culver City for $120 million. The five-story… Read more
Walker & Dunlop Arranges Financing for Orange County Office Property
Walker & Dunlop, Inc. structured $8,000,000 in financing for Pointe Red Hill, a 51,065-square-foot, single-tenant, two-story office building in Tustin.… Read more
Leasing Momentum Continues at Sky Harbor Towers
Sky Harbor Towers, a two-building, 219,670-square-foot office project in Phoenix, continues to experience strong leasing activity. National Partners in Healthcare… Read more
Lord & Taylor Files for Bankruptcy Protection
Lord & Taylor, America’s oldest department store, filed for Chapter 11 protection Sunday, along with its owner, Le Tote Inc.… Read more
Atlantic Pearl Sells Long Beach Building
Los Angeles-based Atlantic Pearl Investments divested a 78,404-square-foot, multi-tenant office building in Long Beach for $16 million. The buyer was… Read more
Coppola’s Columbus Tower Boutique Hotel Wins San Francisco Approval
The San Francisco Planning Commission unanimous approved Francis Ford Coppola’s plan to convert five floors of the landmark Columbus Tower… Read more
Diversified Divests Carlsbad Flex-Industrial Asset
Diversified Properties sold a Class A flex industrial building in Carlsbad for $11.6 million. An unnamed local, private buyer purchased… Read more
Zietsman, Lyle Leave JLL, Form Capital Markets, Advisory Firm
Commercial real estate industry veterans Michael Zietsman and Chris Lyle founded Zietsman Property Group (ZPG), a Los Angeles-based real estate… Read more
Breaking Down Deal Flow in the COVID-19 Era
By Andrew Mekjavich As we think back to just last March and to the range of emotions felt by all… Read more
Why a V-Shaped Recovery Looks Unlikely Now
Michael Wilson, chief U.S. equity strategist at Morgan Stanley, wrote recently, “We will see a V-shaped recovery for two reasons – the… Read more
Logan Capital Lands Second PHX Acquisition for Nearly $36M
San Diego-based Logan Capital Advisors acquired the Pacific Bay Club, a 192-unit multifamily community in Phoenix from Picerne Development for… Read more
Silverstein Snags Seattle Site Eyed for 500K-SF Resi Development
New York-based Silverstein Properties acquired 801 Blanchard Street in Downtown Seattle from Sugar Mountain Capital. The private real estate firm… Read more
Chateau Marmont Hotel Eyed for Private Club Conversion
The owner of Los Angeles’ Chateau Marmont plans to convert the 91-year-old hotel into a private residential club. If André… Read more
Graham Tingler Joins Kearny from Brookfield
Kearny Real Estate expanded its team with the addition of Graham Tingler, who joins as a Partner to lead the… Read more