California
San Diego Investor Sells Fully-Leased Santee Industrial Assets
A two-building, 36,345-square foot industrial property located on a 2.12-acre parcel at 8745-8747 N. Magnolia Ave. in Santee, CA was… Read more
Visa to Move Global, North American HQ to San Francisco’s Mission Rock
Mission Rock Partners signed a lease with Visa for all of Building G, a 300,000-square-foot, 13-story office building at San… Read more
Expert Q&A: Yankowitz Strategizes Healthy Tenant Ecosystems for MOBs
When it comes to the healthcare industry, the word “healthy” almost exclusively applies to people. For Mitchell Yankowitz, managing partner… Read more
California’s Net Out-Migration Increases in 2018
More people are moving out of California to other states, according to the latest report from the U.S. Census Bureau.… Read more
Newly-Built Koreatown MF Sells for $30M
A 60-unit multifamily property in Los Angeles’ Koreatown neighborhood traded hands for $29.25 million. The seller was Los Angeles-based CGI… Read more
Trumark Commercial Relaunched, Sofferman to Lead
Newport Beach, CA-based Trumark Companies appointed commercial real estate development veteran Jeffrey Sofferman as EVP. Sofferman joins to lead the… Read more
Urban Land Development Acquires Union Square Asset
San Francisco-based Urban Land Development (ULD) acquired 150 Post St. in San Francisco’s Union Square area in a joint venture… Read more
Molto Continues Inland Empire Expansion with Spec Development
Oakbrook Terrace, IL-based Molto Properties acquired an 8.50-acre land site in Fontana with plans to develop a 190,554-square-foot Class A… Read more
CapRock Commences North Las Vegas Development
Newport Beach, CA-based CapRock Partners broke ground on Interchange Industrial Center, a 683,000-square-foot Class A industrial complex in North Las… Read more
Ensign Group Acquires Three Skilled Nursing Facilities
The Ensign Group solidified its presence in Texas with the acquisition of three skilled nursing properties totaling 418 beds. The… Read more
Smaller Deals Drive San Diego’s Life Science Cluster
The life sciences sector continues to advance on national and global level, with notable growth achieved in key markets such… Read more
Apple Pledges $2.5B to Help Address California Housing Shortage
Cupertino, CA-based Apple plans to contribute $2.5 billion in the effort to fight California’s growing housing shortage. The tech titan… Read more
Industrious Takes 29K SF at Second Pasadena Location
Industrious signed a 29,000-square-foot lease with Coretrust Capital Partners at Corporate Center Pasadena in Pasadena for what will be its… Read more
Legacy Unwraps Skyloft in Irvine
Foster City, CA-based Legacy Partners opened Skyloft Apartments a 388-unit multifamily development in Irvine, CA. The project at 2700 Main… Read more
Erik Doyle Re-Joins CBRE’s Bay Area Team
CBRE expanded its Bay Area team with the addition of Erik Doyle, who joins the firm’s Palo Alto office as… Read more
U.S. Homeownership Rises But Remains Historically Low
U.S. homeownership was 64.8% not seasonally adjusted and 64.7% seasonally adjusted in the third quarter, says CBRE. Both rates rose… Read more
Bridge Bags Big Lots Cucamonga Facility in Record Deal
Bridge Development Partners, LLC acquired the Fourth Street Distribution Center, a more than 1.4-million-square-foot facility in Rancho Cucamonga, CA from… Read more
Halsen Healthcare Completes California Sale-Leaseback with Medical Properties Trust
Halsen Healthcare, LLC acquired the Watsonville Community Hospital Campus in Watsonville, CA from Quorum Health Corporation. Halsen Healthcare subsequently completed… Read more
Sentre Snags Rancho Bernardo Office Asset
San Diego-based Sentre acquired West Bernardo Corporate Center, a 60,313-square-foot office building in Rancho Bernardo, CA. The property was purchased… Read more