California
Xenia Set for Sale of 7 Hotels for $483M
Florida’s Xenia Hotels & Resorts is selling a seven-hotel portfolio for $483 million to an undisclosed buyer. The portfolio totals… Read more
Rockefeller Begins Development for 139K-SF San Diego Industrial Site
Rockefeller Group has acquired an improved 7.81-acre Otay Mesa, CA, development site in south San Diego with plans for the… Read more
JLL Lines Up $210M on 530 Broadway
JLL Capital Markets arranged $210 million in acquisition financing for 530 Broadway, a 197,637-square-foot mixed-use building in Soho. The firm’s… Read more
$46M Acquisition Loan Obtained for 258-Unit Apartment Portfolio
PCCP LLC provided $46 million in financing for the acquisition of two recently delivered apartment properties in East Austin, TX.… Read more
163K-SF San Pedro Plaza Hits the Market
Buchanan Street Partners opted to end its hold on San Pedro Plaza, and hired Cushman & Wakefield to market the… Read more
244-Unit Watermark on Union Trades to NALS in CO
Watermark Residential ended its hold on Watermark on Union, selling the 244-unit pre-stabilized apartment complex in Colorado Springs, CO to… Read more
Newly Built Starbucks Sells to California Investor
Avalon Development of Scottsdale sold its recently delivered, 2,400-square-foot Starbucks store to W.A. Thompson, a California investor. The store, with… Read more
Rexford Acquires 10-Bldg Portfolio for $203M
Rexford Industrial Realty has acquired a 10-building Southern California industrial property portfolio for $203.2 million, including assumed debt, through a… Read more
Ashland/Integrated Forms $150M Student Housing JV; Launches with $18M Buy
Photo: (L) Julio Davila, CEO, Ashland Pacific (R) John Carrick, Managing Principal, Integrated Capital Management Ashland Pacific and investor Integrated… Read more
Greenlaw Acquires Palmdale FTZ Industrial for $15M
Irvine-based Greenlaw Partners has acquired a 130,392-square-foot industrial property located in Palmdale, CA, for $15 million after signing a major… Read more
CushWake’s Fox Inducted to Silicon Valley Brokers’ Hall of Fame
Lifetime achievements are rare moments. So, here is a tip of the hat to Cushman & Wakefield Managing Director Eric… Read more
Transwestern Starts Construction on 225K-SF Warehouse Development
Transwestern Development Co. (TDC) has broken ground on its I-215 Commerce Center, a 225,185-square-foot speculative warehouse development at the corner… Read more
Bridge Development Plans More Acquisitions, Overseas Expansion
Bridge Development Partners said it had acquired 21 properties totaling approximately 11.7 million square feet, valued at over $3.1 billion across Bridge’s five… Read more
Max Benjamin Secures Debt for St. Paul Redevelopment
Max Benjamin Partners (MBP) secured a $14.36-million loan for the purchase and first five floors of redevelopment of a vacant 16-story, 189,457-square-foot… Read more
CRE Q&A: DivcoWest’s Walker Breaks Down Little Italy Redevelopment
By Dennis Kaiser In September 2017, DivcoWest and its local operating partner Ocean West, acquired a 1980s-era office building at… Read more
Video Special Report: CRE Investors Have “Spectrum of Choice” to Match Strategy, Objectives
Whatever their investment strategy and objectives, commercial real estate investors in 2020 enjoy “a spectrum of choice” in terms of… Read more
JLL Promotes Chris Wilson to National Retail Agency Lead
JLL has promoted Chris Wilson to EVP for a newly-created position leading its National Retail Agency Leasing efforts. Most recently,… Read more
Moorpark Neighborhood Retail Trades for $20M
Camarillo-based Chesser Group Inc. has acquired a neighborhood shopping center, The Village at Moorpark, for $20 million. The 129,374-square-foot community… Read more
Westcore Acquires San Jose Industrial in $21M Deal
National industrial real estate investor Westcore has acquired an 81,475-square-foot warehouse property located at 1800 Dobbin Dr. in San Jose,… Read more