California
Joe Anfuso Joins Tower 16 to Manage $250M MF Portfolio
Encinitas-based Tower 16 Capital Partners hired Joe Anfuso, a 15-year veteran in the real estate investment industry, as an asset… Read more
Nome Ventures Claims Cerritos Asset in Leasehold Sale
Bay Area-based Nome Ventures acquired Cerritos Center Court, a 170,977-square-foot Class A office building in Cerritos, from an institutional investor.… Read more
Ria Expands Footprint at Buena Park’s Village Business Park
Ria is expanding its HQ in what brokers say was Orange County’s second largest office lease in Q2 2020. The… Read more
Two California Markets Experience Growing Sublease Dilemma, Reports CBRE
The amount of office space offered for sublease in the 10 largest U.S. office markets increased by 12% since the… Read more
Five Below Plans $75M Distribution Center in Buckeye
Five Below plans to begin construction this year on a $75-million distribution center at the southwest corner of Miller and… Read more
In-N-Out Eyes PNW Expansion Closer to Portland
In-N-Out is expanding further into the Pacific Northwest, with a move closer to Portland. Tualatin Mayor Frank Bubenik confirmed the… Read more
Single-Tenant Lubbock MOB Trades to RealtyMogul
JLL Capital Markets closed the sale of 3601 21st St., a 20,880-square-foot, single-tenant, net-leased medical office property in Lubbock. Terms… Read more
David Kelly Returns to Westport as VP Development
Irvine-based Westport Properties, Inc. brought back David Kelly as Vice President of Development to oversee the development team, focusing on… Read more
Hankey, Jamison ‘Top Out’ $300M Koreatown Tower
A construction milestone has been reached at the $300-million Kurve on Wilshire residential tower in Los Angeles’ Koreatown. The developers,… Read more
Invesco, Baranof JV Buys San Diego Self-Storage Facility
Invesco Real Estate, in partnership with Baranof Holdings, acquired Morena Storage in central San Diego. Situated in the core, Morena… Read more
PCCP, Koll JV Acquires 8-Building Industrial Portfolio for $41M
A joint venture of Los Angeles-based PCCP, LLC and Irvine, CA-based The Koll Company acquired a 100% leased, 510,707-square-foot, eight-building… Read more
Seavest Acquires MLK Jr. Community Hospital MOB from Trammell Crow
White Plains, NY-based Seavest Healthcare Properties LLC acquired the newly built 52,000-square-foot Martin Luther King (MLK) Jr. Community Hospital medical… Read more
Twin Cities ALDI Trades to CA Buyer
Hanley Investment Group Real Estate Advisors arranged the sale of a new construction single-tenant ALDI in Chaska, MN, within the… Read more
Apple Commits to 100% Carbon Neutral Supply Chain, Products by 2030
Apple unveiled a 10-year plan to remove carbon emissions from its entire business, manufacturing supply chain, and product life cycle… Read more
Jose Carrazana Joins Institutional Property Advisors in Los Angeles
Institutional Property Advisors (IPA), a division of Marcus & Millichap, expanded its team in Los Angeles. Jose Carrazana joined Tom… Read more
Shopoff Secures Court Approval on 1.8M-SF Riverside County Industrial
Irvine-CA-based Shopoff Realty Investments received a court approval to move forward on its 244-acre San Gorgonio Crossing industrial project in… Read more
Waterside Dining Destination Delivered on San Diego’s North Embarcadero
San Diego-based Pacific Building Group delivered Portside Pier, a waterside dining destination on the Port of San Diego’s new pier… Read more
Chevron Will Acquire Houston-Based Noble Energy in $5B Stock Deal
Chevron Corporation, headquartered in San Ramon, CA, has agreed to acquire Houston-based Noble Energy, Inc. in an all-stock transaction valued… Read more
NKF Appoints Strategic Leadership for Pacific Northwest
NKF appointed Michael Sheinkop as Executive Vice President and Regional Managing Director of its U.S. Northwest Region. Sheinkop will oversee… Read more