California
Westlake Bank of America Campus Trades to Drawbridge
San Francisco’s Drawbridge Realty has acquired a two-story, 253,720-square-foot single tenant office building in Westlake Village, CA, fully leased to… Read more
1M-SF Riverside Distribution Facility Trades
A 1,012,995-square-foot warehouse and distribution facility located at 6275 Lance Dr. in Riverside, CA, that is 100% leased to Cardinal… Read more
Soma Capital Acquires Milpitas Campus for $130M
San Francisco-based Soma Capital Partners has acquired Murphy Crossing, a five-building office/R&D campus in Milpitas, CA for $130 million. Located… Read more
Partner Engineering Acquires MC Consultants’ Environmental Services Division
Partner Engineering and Science Inc. acquired the Phoenix-based Environmental Services Division of MC Consultants Inc. The acquisition will help the… Read more
PCCP Teams with Kairoi Residential to Acquire 326-Unit Boulevard at Sonterra
California-headquartered PCCP LLC formed a joint venture with Kairoi Residential of San Antonio to acquire and renovate the 326-unit Boulevard… Read more
PRP Real Estate Pays $145M for 3M Buildings
Two office buildings in North Austin leased by 3M Co. now have a new owner. PRP Real Estate Investment Management… Read more
RCA Reports Cross-Border Investment Activity Dips Below $50B
The latest research by Real Capital Analytics (RCA) reveals cross-border acquisitions of U.S. commercial real estate dropped below $50 billion… Read more
Retail West Keynote: Donahue Schriber’s Patrick Donahue in His Own Words (VIDEO)
Great interviews at professional conferences should offer layers of value. At their best, these moments chart a milestone and offer… Read more
Seattle a ‘Must Have’ on Institutional Investors’ Shopping Lists
National investment sales volume across all property types totaled $570.6 billion in 2019, a drop of 1.6% year-over-year, according to… Read more
George Smith Partners Adds Davies to Executive Committee
L.A.-based George Smith Partners (GSP) has promoted principal and managing director Malcolm Davies to join fellow principals and managing directors… Read more
2.4M-SF Century Plaza Office Towers at Full Occupancy
In what is being hailed in a report by the Los Angeles Times as a validation of the strength of… Read more
Intersection Acquires Carlsbad Office for $16M
San Diego-based Intersection has acquired the La Place Court office campus in Carlsbad, CA, from Swift Real Estate Partners in… Read more
Pier 1 Set to Close Four San Diego Locations
Pier 1 has plans to close four San Diego County locations following the company’s filing for Chapter 11 bankruptcy on… Read more
Hines/Oaktree JV Acquires Santa Clara Towers for $196M
A partnership of Houston-based Hines and L.A.-based Oaktree Capital has acquired the Santa Clara Towers office complex from Shorenstein Properties… Read more
California Buyer Picks Up Garfield Ridge Apartments
A Marcus &Millichap team of Christopher Malay and Eric P. Bell closed on the sale of 5701 W. 55th St., a… Read more
Margaritaville Transformation Set for San Diego’s Gaslamp District
A joint venture of Pebblebrook Hotel Trust and Margaritaville Enterprises is moving forward with a Margaritaville hotel project in downtown… Read more
TOD-Focused Measure G Set for March 3 Vote in Redlands
A local municipal ballot measure, Measure G, is slated for a March 3 vote in Redlands, CA. A “yes” vote… Read more
$110M Pershing Square Redevelopment Funded for Initial Phases
The $110-million redevelopment of DTLA’s Pershing Square is commencing with a phased 10-year plan, expected to include at least four… Read more
CenterCal Delivers San Francisco Development & Retail Trio
CenterCal Properties, LLC has completed a boutique retail development located at 3060 Fillmore St. in San Francisco’s Cow Hollow neighborhood,… Read more