California
Fifth Third Makes $100M Commitment to O-Zones
Fifth Third Bank said it would invest $100 million in projects that support community development through four Opportunity Zone fund… Read more
Hackman Signs Retail Trio for Amazon Studios’ Culver City MXU
Hackman Capital Partners, LLC has announced three new retail tenants at The Culver Steps, its transformative downtown Culver City mixed-use… Read more
In-N-Out Veteran Signs First Lease for New Concept
Former In-N-Out Burger executive Ken Kenwood has signed a 4,000-square-foot lease for a restaurant location at Costa Mesa, CA’s The… Read more
Measure E on San Francisco’s March 2020 Ballot
Proposition E is a local measure slated for the March municipal ballot in San Francisco, seeking to create a penalty… Read more
Beacon Calls 2019 California Employment Growth Impressive
Non-farm employment in California capped off 2019 with modest gains, according to analysis released by Beacon Economics and UC Riverside.… Read more
Logic’s Wainwright on What’s Driving Southern Nevada Office Market
By Dennis Kaiser Logic Commercial Real Estate’s recent expansion of its Las Vegas brokerage team entailed the addition of Natalie… Read more
CBRE Report: Seattle Records All-Time High Office-Using Services Job Growth
Fueled by the tech industry, the Seattle metro added 20,800 office-using services jobs in 2019 – an all-time high for… Read more
CREXi’s Series B Funding Spurs Further Growth for Tech Platform
Los Angeles-based CREXi, the marketplace, data, and technology platform for commercial real estate, completed a $30 million Series B funding round led… Read more
Capital Markets Expert Chris Casey Newest Principal at Avison Young
Chris Casey, a 30-plus year industry veteran has joined the Orange County team of Avison Young as a principal based… Read more
Construction Underway for N. Elsinore Walmart Supercenter
Ground has broken and construction is underway in Lake Elsinore, CA for a new Walmart Supercenter located at 29260 Central… Read more
San Francisco’s Oceanwide Plaza Trades for $1B
China-based Oceanwide Holdings Co. has sold its interests in San Francisco’s Oceanwide Plaza development located in the Transbay District for… Read more
Amazon a Big Maybe for Fremont’s Pacific Commons South
According to recent reports and city zoning documents filed in Fremont, CA, plans are moving forward for an Amazon e-commerce… Read more
Hudson Pacific Pledges $500K to DTLA’s Union Rescue Mission
Hudson Pacific Properties (NYSE: HPP) has pledged $500,000 over the next three years to Union Rescue Mission. The pledge is… Read more
Sorrento Plaza Shopping Center Trades for $9M
SRS secured the $9-million acquisition of the Sorrento Plaza shopping center on behalf of unnamed private buyer. The 11,901-square-foot shopping… Read more
SB 50 Opposition Vocal as January 31 Deadline Looms
With a week until a key January 31 deadline, California’s SB 50, major legislation that aims to increase housing growth… Read more
Colorado Claims Top Slot on USGBC’s Top LEED States Ranking
The U.S. Green Building Council (USGBC) unveiled its list of Top 10 States for LEED green building. Colorado took the… Read more
Asian Cities Take Top Spots on JLL’s Momentum Index
Indian, Chinese and Vietnamese cities dominated the seventh-annual JLL City Momentum Index. The index, which focuses on socio-economic and commercial… Read more
10-Property, Multi-State Providence St. Joseph Health Portfolio Trades Hands
The first phase of a more than 344,000-square-foot, 10-property portfolio for Providence St. Joseph Health (PSJH) has sold for roughly… Read more
Sares Regis Seals Multifamily Fund at $328 Million
Newport Beach-based Sares Regis has closed out fundraising for its Sares Regis Multifamily Value-Add Fund III at $328 million in… Read more