California
CenterPoint Signs 3PL Unis at 1M-SF SoCal Logistics Center
Illinois-based CenterPoint Properties has signed 3pl Unified Network Information Services (Unis) at CenterPoint’s SoCal Logistics Center (SCLC), a 1,034,026-square-foot warehouse… Read more
Seattle Office Markets Claim 10 Spots on U.S.’s Most Expensive Ranking
Research by Yardi Matrix’s Commercial Café reveals 10 office markets in the greater Seattle region rank among the most expensive… Read more
JV Pays $23M for Ownership Rights to Pecan 130 Commerce Center
A joint venture between San Juan Capistrano-based Birtcher Anderson Realty and Alex Brown Realty of Baltimore, MD acquired Pecan 130… Read more
Insights from MBA CREF: “A Real Sense of Optimism” Going into 2020 (VIDEO)
Among borrowers, “there’s a real sense of optimism” heading into 2020, said Gantry Inc. principal George Mitsanas. That’s especially in… Read more
Irvine Creative Office Trades as Turnkey Investment
An undisclosed private investor seeking a fully-leased, turnkey investment has acquired just such, a recently-renovated 28,172-square-foot creative office building at… Read more
Walz Buys Escondido Multifamily for $8M
San Diego-based Walz Properties has purchased the La Serena apartments for $8.3 million from SHS Development. Located at 345 E.… Read more
Five Point Names Shipyard Transition Team
Developer Five Point Holdings has transitioned the operations for its Candlestick® and The San Francisco Shipyard® communities in the City… Read more
Camarillo Industrial Pair Trades for $88M
STAG Industrial has sold two Camarillo, CA, industrial buildings totaling 733,819 square feet to an undisclosed buyer for $88 Million.… Read more
LAEDC Releases Tepid 2020/2021 Forecast
According to the just-released Los Angeles County Economic Development Corporation forecast for 2020/2021, California and Los Angeles County are poised… Read more
Retail West: How Are Deals Getting Done?
“How are deals getting done?” That was the question for an in-depth discussion from a debt and underwriting perspective at… Read more
Industrial’s Top Markets by the Numbers
For net absorption, California’s Inland Empire represents an unassailable peak among U.S. industrial markets, in terms of both fourth-quarter and… Read more
Get Ready for an Active Market in 2020’s First Half
Commercial real estate investors, brokers and lenders are expecting a potential surge of activity in the first half of 2020,… Read more
Global Holdings Closes on $380M Deal for NoMad Apartments
A public pension fund, reportedly the Los Angeles County Employees’ Retirement Association, has closed on the sale of the Instrata… Read more
Amazon Expands Portland-Area Footprint
Amazon plans to open two facilities encompassing roughly 370,000 square feet in the Portland area. One will be at the… Read more
NorthRock Obtains $39M Loan Tides on Thunderbird Buy
NorthRock Cos. secured $39 million in financing to acquire Tides on Thunderbird, a 376-unit apartment complex in Phoenix, AZ. The… Read more
TruAmerica Enters Texas, Establishes Central Office
TruAmerica Multifamily of Los Angeles set its stake in the Lone Star State, opening an office in Dallas under the… Read more
Q&A: Catching Up With Corigin’s Greg Gleason
Greg Gleason oversees Corigin Real Estate’s multifamily, student housing, credit, JV and specialty investment platforms. We caught up with him… Read more
Homelessness Crisis Defines Newsom’s State of the State Address
In his second State of the State speech, Gov. Gavin Newsom put his focus on California’s homelessness crisis, calling for… Read more
John Witherall Joins Kidder Mathews as SVP
Industrial real estate specialist John Witherall has joined Kidder Mathews’ Carlsbad office as an SVP, where he will specialize in… Read more