California
REIT Index Inches Higher for September
The FTSE Nareit All Equity REITs Index rose 0.4% in September as the Federal Reserve cut the federal funds rate by 25… Read more
Broadcom Sells Former VMWare Campus within Stanford Research Park
Newmark represented Broadcom in the sale of The Campus at Stanford Research Park, a 1.1-million-square-foot office and R&D campus within… Read more
UCLA Anderson Sees U.S. Economy Recovering in Mid-2026, California in Late 2026
Growth in the U.S. economy will recover in mid-2026 and reach 2% by the fourth quarter of 2026, a faster… Read more
Weill Cornell Buys Sotheby’s NYC Headquarters in Sale-Leaseback
Sotheby’s has sold its former headquarters on Manhattan’s Upper East Side to Weill Cornell Medicine for $510 million, Bloomberg News… Read more
MDH Acquires Four-Building Inland Empire West Portfolio
MDH Partners has acquired Ontario Commerce Park II in Ontario. Located within the California Commerce Center, the four-building, 133,400-square-foot industrial park… Read more
R.D. Olson Completes Affordable Seniors Project in San Diego
R.D. Olson Construction has completed Kettner Crossing, a $30-million affordable housing complex in San Diego, for developer BRIDGE Housing. The… Read more
Aware Super, Goodman Group Launch $1.3B U.S. Industrial Venture
Australian pension fund manager Aware Super will acquire a 49% stake in a new U.S. partnership with global essential infrastructure… Read more
Kidder Mathews Lists Two Whole Foods-Anchored Retail Properties
Kidder Mathews has brought to market a rare portfolio of two Whole Foods-anchored properties located in Santa Barbara and Malibu. The… Read more
King Street’s Allston Labworks Adds Independent Bookseller to Tenant Roster
King Street Properties announced that independent bookseller Molly’s Bookstore will open its second location at Allston Labworks later this fall. Molly’s is the… Read more
McCarthy Completes Phase 2 of UC Riverside Student Housing
McCarthy Building Companies, Inc., the University of California, Riverside (UCR), Riverside Community College District (RCCD) and design partner SCB have completed… Read more
Hanley Sells Café-Only Starbucks Prototype in Santa Barbara
Hanley Investment Group Real Estate Advisors closed the sale of a newly constructed, single-tenant corporate Starbucks located at 402 N. Milpas… Read more
Rocklin Retail Center Secures $27M Construction
JLL Capital Markets arranged a $27-million construction loan for a 52,200-square-foot neighborhood retail center in the Whitney Ranch community located in Rocklin. JLL worked… Read more
Apple Finalizes Sunnyvale Acquisition for Reported $365M
Apple has finalized its purchase of a Sunnyvale office campus for an estimated $365 million, the Silicon Valley Business Journal reported.… Read more
Hines Global Income Trust Pays $566M for LA, Houston Mixed-Use Assets
Hines Global Income Trust, Inc. (HGIT) has acquired two mixed-use assets for more than $565 million. They include Runway, a 94%… Read more
Talonvest Secures $21.5M Refi on Newly Built Koreatown Apartments
Talonvest Capital, Inc., a boutique commercial real estate advisory firm, arranged a $21,500,000 bridge loan to refinance Kanvas Apartments, a… Read more
Alexandria, Eli Lilly Open Torrey Pines Innovation Hub
Alexandria Real Estate Equities, Inc. on Friday announced the opening of Lilly Gateway Labs San Diego, powered by Alexandria, on… Read more
CenterCal, DRA Acquire Long Beach Towne Center with Placemaking Plans
Costa Mesa-based CenterCal Properties and New York City-based DRA Advisors said Friday they had acquired Long Beach Towne Center, an… Read more