California
CBRE Sells Two Phoenix Multifamily Properties to California Investors
CBRE arranged the sales of two Phoenix apartment communities to California buyers. Combined, the deals totaled nearly $12 million. NDX… Read more
BREAKING NEWS: Newsom: California Retailers May Begin Reopening on Friday
California Gov. Gavin Newsom said Monday that some retail stores across the state can reopen with modifications as early as… Read more
Atlanta’s Big Nerd Ranch HQ Lands New Owners
A Big Nerd Ranch-occupied office property at 200 Arizona Ave. in Atlanta’s historic Kirkwood neighborhood has traded hands. A private… Read more
Rising Realty Q&A: Collaboratively Responding to a Global Pandemic
By Dennis Kaiser Property operations have taken center stage as the commercial real estate industry shifts into reopening mode following… Read more
Co-Working Firm Renews Lease at Orange County Tower
Coast Huntington signed a 17,578-square-foot lease renewal at 7755 Center Ave. in Huntington Beach, CA. The co-working operator will continue… Read more
Crown Claims Corning HQ Facility in Charlotte for Record Price
Corning Optical Communications’ headquarters, a newly-constructed, Class A office building totaling 182,169 square feet in Charlotte, traded hands for $58.5… Read more
Rare Value-Add 122-Unit MF Portfolio in Granada Hills Sells for $25M
Los Angeles-based Universe Holdings purchased a three-building, 122-unit multifamily portfolio in Granada Hills for $25 million. The off-market portfolio was… Read more
Matt Rossie Promoted to C-Suite at Webcor
San Francisco-based general contractor Webcor elevated longtime company leader Matt Rossie to COO. In his new role, Rossie joins the… Read more
KT Urban Gets Green Light on Cupertino Development
Cupertino-based KT Urban received unanimous approval from the City of Cupertino Environmental Review Committee to move forward with plans for… Read more
Denver Investor Picks Up Phoenix Industrial from BKM
Denver-based DPC Companies acquired a fully-occupied freestanding industrial building in Phoenix from Orange County-based BKM Capital Partners. The 35,403-square-foot property… Read more
KB Investment Development Claims Mesa’s Superstition Canyon Apartments
Newport Beach, CA-based KB Investment Development added Superstition Canyon, a 200-unit Class A low-density garden community in East Mesa, to… Read more
SRS Arranges Record Deal for Publix-Anchored Center in Alabama
SRS Real Estate Partners’ National Net Lease Group arranged the $18.3-million sale of Publix and Shops at Tattersall Park, a… Read more
Market-leading Hotel Investment Sales Team Joins CBRE in ATL
CBRE expanded its Atlanta-based hotels team with the addition of Robert J. Webster, a commercial real estate industry veteran who… Read more
Matthews Completes Dallas MF Deal in “Uncertain Times”
Matthews Real Estate Investment Services completed the sale of Sanctuary 1518, a 20-unit Class A apartment community in Dallas. The… Read more
New York Investor Claims Milpitas R&D Facility for $41M
New York City-based Empire Square Group acquired a 102,668-square-foot R&D facility in Milpitas from a JV between affiliates of Westport… Read more
CIM Group Buying Baldwin Hills Crenshaw Plaza for $100M
CIM Group is acquiring the 869,000-square-foot Baldwin Hills Crenshaw Plaza, a regional shopping mall in Los Angeles’ Baldwin Hills/Crenshaw market.… Read more
ABI Brokers $26M East Phoenix Multifamily Deal
Phoenix-based ABI Multifamily closed the $26.45-million sale of the Monterey Village Apartments in Phoenix, AZ. The unnamed buyer is a… Read more
California Lays Out Plan for Phased-Reopening of Businesses
Governor Gavin Newsom outlined a four-stage plan to reopen parts of California’s economy. Initially, certain retail businesses, manufacturing facilities, schools… Read more
JLL Handles Pasadena Value-Add, Redevelopment Opportunity
101 S. Marengo, a 315,000-square-foot, Class A office asset in Pasadena has traded hands for reportedly $72 million. Originally built… Read more