California
Westcore Grabs North County Industrial for $26M
San Diego-based commercial real estate investor Westcore has acquired a 184,541-square-foot, high-finish industrial building in North San Diego County at… Read more
Mission District’s Le Fenix at 1950 Affordable Multifamily Tops Out
La Fénix at 1950, a 100% affordable housing development helmed by co-developers Bridge Housing and Mission Housing Development Corporation, and… Read more
Wood Investments Acquires San Bernardino Grocery-Anchored Value Add
Costa Mesa, CA-based Wood Investments Companies, Inc. (WIC) has acquired a retail center occupied by Food 4 Less and Ross… Read more
Hilton San Jose Sells for $118M
China-based Han’s Holdings Group has sold the Hilton San Jose to an undisclosed buyer for nearly $118M. The downtown San… Read more
Orange County Commerce Center Completes Lease-Up
Panattoni Development Company, Inc. and Principal Real Estate Investors have signed two tenants to long-term leases for more than 101,000… Read more
California Buyer Acquires Ohio Arby’s from California Seller
Stan Johnson Company (SJC) completed the sale of a freestanding Arby’s restaurant in Mentor, OH for $1.75 million. The 6,960-square-foot single-tenant net… Read more
PCCP Delivers $76M for Paramount Multifamily
Pacific Coast Capital Partners, LLC (PCCP) has supplied a $76.3-million senior loan to the joint venture of MWest Holdings and… Read more
Tishman/Mitsui JV Launches San Francisco Class A Office Development
A joint venture of Tishman Speyer and Mitsui Fudosan America is moving forward with 1.2 million square feet of Class… Read more
Donahue Schriber’s CEO Predicts Retail will be Fundamentally Strong Next 3-5 Years
By Dennis Kaiser Connect Retail West is just around the corner on February 13 at The Resort at Pelican Hill in Newport… Read more
$185M ReFi Obtained for Northrop Grumman Campus
Douglas Allred Co. secured a $185 million loan to pay off construction financing for its recently completed Northrop Grumman Innovation… Read more
Triad Lagoon Valley Acquires 840 Acres for Conservation Community Development
Triad Lagoon Valley, LLC, a subsidiary of Seattle’s Triad Development, completed the acquisition of approximately 840 acres from Lennar Corporation… Read more
Broad Coalition Pushes for Revised SB 50 Urban Planning Legislation
California’s SB 50 was reintroduced last week by Senator Scott Wiener (D – San Francisco) at what turned out to… Read more
Hines/USAA Set for Creative Mixed-Use in West LA
Houston, TX-based Hines is partnering with San Antonio, TX-based USAA Real Estate and local property owner Philena Properties for construction… Read more
Hotel Irvine Gets $7M Upgrade
According to a report by the Orange County Register, Irvine Company has completed a makeover of its Hotel Irvine at… Read more
Runyon Group Plans $60M Platform Expansion
In a retail market changing by the screen-to-door, last mile minute, creative retail commercial real estate owners are finding ways… Read more
Veterans Awaiting 60-Unit Affordable Multifamily in Pomona
Construction has reportedly begun on Agoura Hills, CA-based AMCAL’s Veterans Park Apartments at 444 W. Commercial Street in Pomona, CA.… Read more
Ensign Continues Expanding S.A. Footprint with Healthcare Center at Patriot Heights
The Ensign Group made further inroads into San Antonio, acquiring the Healthcare Center at Patriot Heights. Thanks to the deal… Read more
Oak Coast Properties Pays $143M for Denver-Area Courtyards at Buckley
Oak Coast Properties made its 12th buy in the Denver area, paying $143 million for the Courtyards at Buckley. JRK… Read more
Prologis Completes $4B Acquisition of Industrial Property Trust
Prologis, Inc. (NYSE: PLD) has completed its $4 billion acquisition of the wholly-owned real estate assets of Industrial Property Trust… Read more