California
Rexford Picks up Five SoCal Assets for $73M
Los Angeles-based Rexford Industrial Realty, Inc. acquired five industrial properties in SoCal for $73.2 million. These recent transactions total 434,000… Read more
78 Million Square Feet of New Office Will Come Along at an Opportune Time
Among the bright spots of May’s surprisingly strong jobs report was the gain of 464,000 positions in construction employment. This… Read more
Golden Gate Capital Acquires Mt. Laurel Portfolio
CBRE arranged the sale of the six-building Greentree North Corporate Center and 1001 Briggs Rd. in Cambridge Crossing, totaling 244,000… Read more
Bellwether Closes $294M in Manufactured Housing Loans
Bellwether Enterprise Real Estate Capital closed five transactions totaling $294,239,000 in Fannie Mae loans for manufactured housing communities across the… Read more
Five Point Divests Irvine R&D Buildings for $355M
Five Point Holdings’ JV, Gateway Venture, sold two buildings in the FivePoint Gateway campus in Irvine to Washington, DC-based PRP… Read more
Google’s 1.3M-SF Landings Development Greenlit in Mountain View
The Mountain View City Council unanimously approved Google Inc.’s Landings, a two-building, 1.3-million-square-foot development at the gateway of the city’s… Read more
NKF Arranges $208M in Refi’s California MFs
NKF’s Multifamily Capital Markets team arranged a $167.85 million loan for the refinance of Summer House Apartments in Alameda, CA,… Read more
Voit Handles Sorrento Mesa Office Sale Amid State Lockdown Orders
Voit Real Estate Services directed the sale of an office property in San Diego for $3,150,000. The 13,695-square-foot office building… Read more
California Gov. Newsom Closes Indoor Operations in 19 Counties Across State
California Gov. Gavin Newsom on Wednesday ordered 19 counties across the state to shut down indoor operations of restaurants and… Read more
NY, NJ, CT Double Roster of States with Quarantine Mandate
The governors of New York, New Jersey and Connecticut on Tuesday doubled the number of states under a travel advisory… Read more
$3B ‘OC Vibe’ District Planned Around Anaheim’s Honda Center
The Samueli Family, owners of the Anaheim Ducks NHL team, unveiled a $3-billion plan for ocV!BE, a 115-acre, mixed-use community… Read more
BioMed Realty Lands $165M in Financing for Zymergen’s Emeryville HQ Facility
San Diego-based BioMed Realty secured $165 million in financing for 5300 Chiron Way in Emeryville, CA. The Class A life… Read more
Essex Divests Downtown San Jose MF Tower for $175M
SoCal-based OSM Property LLC acquired One South Market, a 23-story high-rise at 1 S. Market St. in downtown San Jose… Read more
Kennedy Wilson Taps Bruce Carlson for Bay Area Leadership Role
Beverly Hills, CA-based Kennedy Wilson hired Bruce Carlson as managing director of property services, with a focus on expanding the… Read more
Onni Eyes Two-Tower Redevelopment for Wilshire Courtyard
Canadian developer Onni Group proposed redeveloping Wilshire Courtyard, a Miracle Mile landmark office complex built by J. H. Snyder Co.… Read more
KBS Divests Pair of Office Buildings in San Jose for $95M
Newport Beach-based KBS sold two additional buildings at District 237, a Class A office/R&D complex in San Jose. The properties,… Read more
New Plan Emerges for $2B One Beverly Hills MXU Development
Los Angeles-based Alagem Capital Group and London-based Cain International revealed a $2-billion plan for One Beverly Hills, a mixed-use development… Read more
Common Expands in L.A. Via Partnership with Nuveen
New York-based Common is expanding its portfolio with a 575-unit expansion in partnership with Nuveen Real Estate. Common will take… Read more
It’s Time to Nominate an Up-and-Coming Industry Leader
Today’s the due date for submitting nominations for our annual Next Generation Awards. Industry response to our request has been… Read more