California
Connect Q&A: Case Swenson on Silicon Valley/San Jose 2020 Trends
Connect Media had a chance to catch up with Case Swenson, president of San Jose, CA-based development and construction services… Read more
Hamilton Zanze Snags 196-Unit Virginia Beach Apartment Community
San Francisco-based real estate firm Hamilton Zanze has acquired Indigo 19, a 196-unit, five-story apartment community in Virginia Beach. The… Read more
Meridian Sells Concord MOB for $31 Million
San Ramon, CA-based medical office specialist Meridian has completed the sale of Sutter Square, a 174,689-square-foot, nine-story office building located… Read more
RCA: Despite “Tepid” End to 2019, CRE Decade Was “Fantastic”
Taking the long view, Real Capital Analytics’ Jim Costello calls the past 10 years “a fantastic decade for U.S. commercial… Read more
SB 50 January 2020 Updates on Version 2.0
The move from the State Senate’s Appropriations to Rules committee puts SB 50 on track for a floor vote this… Read more
Windwater Completes $12M Class A Newport Beach Office Sale
Irvine-based Windwater Real Estate recently completed the sale of a 26,561-square-foot Class A office building located at 2260 University Dr.… Read more
Little Tokyo Planning 175 Affordable Housing Units in DTLA
Plans for a new affordable housing project in downtown Los Angeles have been filed with the Department of City Planning… Read more
Walmart’s Robotic Workforce Grows at 650 Additional Stores
Walmart is expanding its workforce of shelf-scanning robots at 650 more U.S. stores in an effort to better monitor and… Read more
Simon Solving Reverse Logistics with Expanded ‘Happy Returns’ Service
Simon expanded its Happy Returns service to additional participating centers to enable more shoppers to return online purchases at Simon… Read more
Gantry Expands Executive Leadership Team in Seattle
Gantry, the largest independent mortgage banking firm in the U.S., announced that Senior Director Brian Bonipart is taking on new… Read more
Seal Beach MF Trades for the First Time in 30 Years
CBRE’s Dan Blackwell and Mike O’Neill arranged the sale of a seven-unit multifamily property in Seal Beach to a private… Read more
LaSalle Picks Up Rancho Bernardo MF for Core Fund
LaSalle Investment Management recently acquired the Overlook at Bernardo Heights, a 330-unit multifamily community in San Diego, reportedly for $119 million. LaSalle… Read more
Gantry Names New Partner Post-Launch
San Francisco, CA-based Gantry has named Senior Director Andrew Mekjavich as a Principal with the firm, the largest independent mortgage… Read more
Warner Bros Breaks Ground on New Gehry-Designed HQ
Warner Bros has broken ground on a pair of Frank Gehry-designed office towers, an expansion of the Burbank movie and… Read more
Lee Riverside: East Valley Industrial Stays Strong
The fourth quarter of 2019 posted strong activity and gross absorption for the East Valley industrial market of the Inland… Read more
Japan’s Daiwa House Joins Trumark Companies for California JV
Daiwa House USA Inc. has acquired a 60% equity interest in developer Trumark Companies, a homebuilding platform that has delivered… Read more
Urban Commons Names Queen Mary Preservation Consultants
Urban Commons, the Los Angeles-based leaseholder of the Queen Mary, has retained the services of A.M. Marine Surveys and John… Read more
Faster Pace of 2020 Deliveries Could Ding Multifamily Fundamentals
Continuing a development boom that saw delivery of more than two million apartment units over the past decade, the volume… Read more
RFR’s Claffey Joins Ashkenazy as Leasing Lead
Ashkenazy Acquisition Corporation appointed Jordan S. Claffey as EVP, property leasing and development. Claffey will lead leasing and marketing for… Read more