California
Cardinal Industrial Picks Up Iowa Amazon Warehouse
Sherman Oaks, CA-based-based Cardinal Industrial acquired a 346,062-square-foot fulfillment center in Iowa City, IA, that’s 100% leased to Amazon. Cardinal reportedly… Read more
DivcoWest Acquires Sand Hill Assets for $610M
DivcoWest has expanded its Sand Hill Road portfolio in Silicon Valley with the acquisition of two office campuses located at… Read more
Allen Matkins/UCLA Anderson Winter Forecast Optimistic on 2022 Resurge
There is a difference between bullish and optimistic and, according to the Winter 2020 Allen Matkins/UCLA Anderson California Forecast, those… Read more
Boston Office Market Fires on All Cylinders
While a few metrics may differ, major brokerage firms broadly agree that the Boston office market is having one of… Read more
Buchanan Street Acquires Newark Duo for $26M
Buchanan Street Partners has acquired Newark Tech Park, a 99,716-square-foot, two-building office and life science project for $26.2 million. Located… Read more
Conversation Starters for Today’s San Bernardino “State of the County”
San Bernardino County will hold its “Vision 2020” Regional Business Summit and State of the County conference later today at… Read more
Klabin Leases 115K SF at Rancho Dominguez Industrial Campus
L.A.-based The Klabin Company/CORFAC International today announced it represented ownership in three lease transactions totaling 115,000 square feet of space… Read more
San Francisco’s Iconic Transamerica Pyramid Trades for $700M
A group led by New York developer Michael Shvo has a deal to purchase the Transamerica Pyramid in San Francisco,… Read more
Turner Impact Capital Claims First Pacific Northwest Asset
Santa Monica, CA-based Turner Impact Capital acquired a multifamily community in Renton, marking the firm’s first investment in the Pacific… Read more
Should I Worry About PFAS?
By Tiffany-Linn Vincent PFAS is currently a hot topic in the environmental community, and with the help of a few… Read more
Prologis’ $13B Acquisition of Liberty Property Trust Completed
San Francisco-based Prologis, Inc. (NYSE: PLD), completed its all-stock acquisition of Liberty Property Trust (NYSE: LPT) for $13 billion. The transaction expands Prologis’… Read more
Bay Area Life Science Operation Relocates HQ to 29K SF at Irvine Spectrum
Life science company Oncocyte is relocating its headquarters south from the Bay Area to Irvine, CA. Oncocyte will occupy 28,800… Read more
Weingarten Signs Redpill VR for 8000 Sunset Strip Debut
Weingarten Realty (NYSE: WRI) has signed Redpill VR to a 5,664-square-foot lease at the company’s 8000 Sunset Strip shopping center… Read more
2020 Retail: Inland Empire has 1M SF of New Space Near Completion
If Q4 2019 market reports from Colliers International, Kidder Mathews and Progressive Real Estate Services concur on one thing, it’s… Read more
Authentic, Brookfield & Simon JV Offers $81M for Forever 21
A consortium led by Authentic Brands Group and two of retailer Forever 21’s largest landlords, Brookfield Property Partners and Simon… Read more
California Rent Control Back in 2020 as Activists Qualify v2.0
Rent control is back on the California ballot for the state’s coming November 2020 general election, as California’s Secretary of… Read more
srmERNST/Hillwood JV Signs 127K SF Lease for Alameda Development
A JV of Oakland, CA-based developer srmERNST Development Partners and Hillwood has signed a 15-year lease with Penumbra Inc. at… Read more
CBRE Secures $43M Construction Loan for San Diego MXU
CBRE’s San Diego Capital Markets’ Debt & Structured Finance team has secured a $43 million construction loan for the development… Read more
WS Acquires 530K-SF RI Retail Center
WS Development acquired Garden City Center, a 530,000-square-foot outdoor shopping center in Cranston, RI. Published reports indicate WS paid $181 million for the… Read more