California
Able Services’ Kelly on Vital Role Cleaning Coalition of America Now Plays
By Dennis Kaiser San Francisco-based Able Services joined with six other organizations in the contract cleaning sector to establish the… Read more
$100M Torrey Pines Life Science Campus Redevelopment Advances
The RMR Group Inc. reached a new milestone in the $100-million redevelopment of Muse at Torrey Pines, with new building… Read more
Bridge Buys Sacramento MF for $85M
Salt Lake City-based Bridge Investment Group acquired The Fountains at Point West, a 339-unit value-add multifamily property in Sacramento, from… Read more
California Bill Would Place Moratorium on Commercial Evictions
A California bill that would enact a moratorium on commercial evictions – for small businesses and nonprofits – during the… Read more
Philip Barach Returns to Vista Following Retirement from DoubleLine Capital
Philip Barach, former founding partner and president of DoubleLine Capital, who recently retired from the L.A.-based investment management firm, plans… Read more
Re-Igniting a City Following a Crisis
By Dennis Kaiser The COVID-19 crisis has introduced a different type of threat to the U.S., its economy and every… Read more
Passco Launches We CaRE to Support Communities Front-Line Heroes, Local Businesses Impacted by COVID-19
By Dennis Kaiser The coronavirus pandemic is introducing a host of new ways of acting and living our daily lives.… Read more
Webinar: Three Regions, Three Views of Pandemic Recovery
By Paul Bubny Real estate, it is often said, is local. However, that’s especially true when it comes to navigating… Read more
CIM Prepares to Debut Creative Offices in East Austin
CIM Group said Thursday it’s preparing to open Fifth + Tillery, a newly-constructed creative office building with outdoor walk-up access in… Read more
Westcore Acquires Oakland Industrial Property for Nearly $41M
San Diego-based Westcore acquired a 155,000-square-foot, Class A industrial warehouse located at 8380 Pardee Dr. in Oakland for $40.5 million.… Read more
CIT Provides $37M Investment for L.A.’s Jordan Downs Redev
CIT and its Pasadena-based banking subsidiary CIT Bank, N.A., made a $37.3 million investment in the Jordan Downs Apartments Project,… Read more
BLT Divests Repositioned Campus to Longfellow for $39M
Santa Monica-based BLT Enterprises sold the Sorrento Tech campus in San Diego’s Sorrento Mesa submarket to Longfellow Real Estate Partners… Read more
Prologis: COVID-19 Could Drive 400M SF of New Supply Chain Logistics Demand
The latest research by San Francisco-based Prologis on COVID-19 and its implications for logistics real estate breaks down what may… Read more
IPA Expands Phoenix Team with Two CRE Industry Vets
Institutional Property Advisors (IPA), a division of Marcus & Millichap, expanded its team in Phoenix with the addition of Peter… Read more
Tribune Tower East Gets Go-Ahead from City Council
The Chicago City Council signed off on construction of Tribune Tower East, part of the redevelopment of Tribune Tower, Crain’s… Read more
NewMark Merrill Sigal’s Strategy Tackles Coronavirus Challenge Head On
By Dennis Kaiser The retail industry is experiencing severe challenges, and NewMark Merrill’s President and CEO Sandy Sigal believes in… Read more
Qualcomm Claims 143K SF at San Diego’s Sorrento Corporate Center
Sorrento Corporate Center and DFW Sorrento Corporate Center, LLC executed a lease renewal agreement with Qualcomm for the entire Sorrento… Read more
California Investor Claims Broomfield MF for $90M
California-based Oakmont Properties acquired Fusion 355, a 286-unit multifamily property in Broomfield, CO, from Stockton, CA-based AG Spanos for $90… Read more
L.A.-Based 1031 Buyer Lands Scottsdale Airpark Creative Office, Airplane Hangar
Los Angeles-based Route 66 Properties LLC acquired a 39,520-square-foot creative office property and airplane hangar in the Scottsdale Airpark for… Read more