California
Colliers Names Michael Semmelmeyer as San Francisco Retail VP
Colliers International’s San Francisco team has on-boarded City retail expert Michael Semmelmeyer as a vice president and retail broker. Semmelmeyer… Read more
Connect Q&A: Pollster Jonathan Brown on Affordable Housing as Voter Issue
Affordable housing is an industry topic that continues to dominate the future urban planning and new development landscape of California,… Read more
Atari Unveils Plans for Video-Game-Themed Hotel
Game designer and developer Atari is entering into a new business line: Video-game-themed hotels. The first Atari Hotel is scheduled… Read more
Retail/MOB in Lakeview Sells to California Buyer
Greenstone Partners recently sold 2954 N. Sheffield Ave., a 13,000-square-foot retail and medical office mixed-use building in the North Side’s… Read more
10 Acres Trade for 205K-SF Perris Industrial Development
Avison Young’s Cody Lerner and Stan Nowak have completed the $2.2-million off-market acquisition of 9.56 acres of industrial-zoned land located… Read more
Paragon Sells $100M of Redeveloped California Retail
L.A.’s retail infill specialists, Paragon Commercial Group, LLC, ended 2019 selling a trio of high-performing California retail centers for $100… Read more
Retail Trio Weighs in on Today’s ICSC Idea Exchange
In the lead-up to today’s ICSC Southern California Idea Exchange at the Long Beach Convention Center, Connect Media reached out… Read more
Boston Properties JV’s with Alexandria Equities for 1.7M-SF Life Science Campus
Class A office-titan Boston Properties, Inc. (NYSE: BXP) is moving forward on a joint venture with Alexandria Real Estate Equities,… Read more
Intercom Will Take Over Sterling Bay’s Space at Fulton West
Business messaging platform Intercom joins the roster of tech tenants upsizing their Chicago office footprints. The San Francisco-based firm signed… Read more
Private Buyer Nabs Sorrento Mesa Office for $15M in 1031
A private, high net worth buyer has fulfilled a 1031 requirement with the $14.6 million acquisition of a three-story, 51,589-square-foot… Read more
Family Business Acquires Garden Grove Industrial for $8M
Voit Real Estate Services’ Mike Bouma and Paul Caputo identified and completed the $7.5 million acquisition of a 38,156 square-foot… Read more
TMG Sells Eagle Rock Multifamily for $16M
The Mogharebi Group (TMG) has completed the sale of the Yosemite Gardens apartments in L.A.’s Eagle Rock community for $15.5… Read more
CommonGrounds Workplace Opens Second Texas Locale at 3 Greenway Plaza
CommonGrounds Workplace, a national, enterprise-grade workplace-as-a-service (WaaS) and co-working company, opened its second Texas location at 3 Greenway Plaza in… Read more
Tucson’s 977-Bed Sol y Luna Trades for Record-Breaking $200M
Nelson Partners Student Housing acquired Sol y Luna, a 341-unit, 977-bed student housing complex serving the University of Arizona in… Read more
CBRE Secures Financing for Multifamily Property in Seattle’s SLU
CBRE’s Capital Markets’ Debt & Structured Finance team in Los Angeles arranged financing for the purchase of Alley24, a 172-unit… Read more
Sonnenblick-Eichner Arranges $18M Refinancing for Boutique D.C. Hotel
Beverly Hills-based real estate investment banking firm Sonnenblick-Eichner has arranged a $17.7 million loan to refinance The Normandy Hotel, a… Read more
Multifamily in 2020: Continued Strength in the Sector
By John S. Sebree, Senior Vice President/National Director, National Multi Housing Group, Marcus & Millichap A year ago, as we… Read more
Caruso Names Philipp Posch as Hospitality SVP
Caruso, L.A.’s bespoke owner/operator of properties featuring curated experiences, has named Philipp Posch as SVP of hospitality for that line… Read more
CBRE Launches ‘Hana’ West Coast at Irvine’s Park Place
CBRE’s Hana coworking platform has opened a first location on the west coast at Park Place, the landmark mixed-use campus… Read more