California
Connect Houston: Multifamily Metrics Below Projections, But Still OK
In August, 2019, Ten-X Commercial ranked Houston as the nation’s top “buy” market for multifamily real estate. Six months later,… Read more
Dallas Ranks First for Industrial Demand and New Supply
Dallas/Ft. Worth is North America’s top market for both industrial demand and new supply, says Cushman & Wakefield. North Texas… Read more
Sacramento—The West Coast’s Defending Rent-Growth Champ in Multifamily
California’s state capital—and, potentially, the backdrop for another battle over rent-control legislation—Sacramento is also the West Coast’s leading market for… Read more
VA Lands $100M for San Diego MOB
Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured $106,000,000 in construction-to-permanent financing for a 141,000-square-foot… Read more
Amazon Expands to Downtown Santa Barbara for Team Alexa
Roughly 100 Amazon employees have moved into 48,000 square feet of recently transformed space at a 1001 State St. in… Read more
Chinese Capital Woes Drive Oahu Resort Recap
Recent Chinese economic instability has capital flows for significant U.S. development projects in otherwise healthy domestic markets in question. This… Read more
South OC’s Famed ‘Taj Mahal’ MOB Trades for $42M
Nashville-based Healthcare Realty has acquired the Taj Mahal medical office building in Laguna Hills, CA, for $42 million from the… Read more
Amoeba Stays Hollywood… Signs on Blvd
Iconic music retailer and “occasional” live appearance pop-up Amoeba Records has confirmed it will relocate from its longtime home on… Read more
Inland Empire Far East Set for $210M I-10 Tune Up
Industrial real estate owners and brokers call transportation infrastructure a key to the Inland Empire’s strengths in a growing logistics… Read more
Vertical Ventures Buys Historic Wakefield Building for $30M
The Swig Company and STARS Real Estate Investments have sold the eight-story, historic Wakefield Building located at 426 17th St.… Read more
Q4 Phoenix Office: Shrinking Vacancies, “Lofty” Absorptions
Phoenix’s office market in Q4 2019 showed a great deal of strength, with commercial real estate analysts pointing to positive… Read more
Sea Breeze Breaks Ground on MERGE 56 MXU
Sea Breeze Properties has broken ground for MERGE 56, a 40-acre mixed-use development in the Torrey Highlands submarket of San… Read more
Opportunity Knocks as Sears Exits Inland Center Space
Sears has vacated its anchor space at Inland Center Mall in San Bernardino, CA. The closure was part of Sears… Read more
Trion Acquires San Leandro Multifamily for $15M
West Hollywood-based Trion Properties purchased the 61-unit Cedar Grove apartments in San Leandro, CA, for $15 million. Located at 1200… Read more
BKM Acquires Multi-State Industrial Portfolio for $425M
Newport Beach, CA-based BKM Capital Partners has acquired an industrial portfolio encompassing 11 properties located in Arizona, Northern California, Southern… Read more
Culver City’s Jefferson Creative Campus Trades for $169M
A JV of Clarion Partners, LLC and Lincoln Property Company has acquired the Jefferson Creative Campus for $169 million. The… Read more
Non-Profit Purchases Santa Monica Multifamily for $14 Million
A non-profit developer has acquired a 40-unit Santa Monica, CA apartment complex with an adjacent vacant lot for potential development… Read more
WindWater Launches Instant Offer Valuation Tool
Irvine, CA-based WindWater has introduced its CRE Tech platform providing instant valuation for commercial real estate – WindWater IO. The… Read more
Related JV Will Bring Senior Living to Hudson Yards
A joint venture between Related Companies and Atria Senior Living, in conjunction with Spitzer Enterprises and Welltower, closed on a strategic partnership at… Read more