California
Harbor Snags 365K-SF Office Portfolio for $80M
Harbor Associates, LLC acquired a two-property Class A Orange County office portfolio totaling more than 365,000 square feet for roughly… Read more
Defense Supplier Takes 49K SF in Torrance
Intellisense Systems signed an 11-year, roughly 49,000-square-foot office lease in Torrance, CA. The company provides cutting-edge sensors, wearables, optoelectronic instrumentations,… Read more
Leasing Accelerates in Columbia’s Bay Area Portfolio
Columbia Property Trust, Inc. continues to experience robust leasing activity within its Bay Area office portfolio. The activity at its… Read more
Single-Asset Sales Pace Q3 2019 Metrics
When it came to apartment sales, deal volume fell by 7% year over year, according to Real Capital Analytics’ U.S.… Read more
TMG Partners Seeks to Add $625M in Bay Area Value-Add Investments
San Francisco-based TMG Partners closed a $220-million separate account to invest in value-add commercial real estate in the Bay Area.… Read more
Rising Signs Celeb Chef Curtis Stone to DTLA’s Trust Building
Rising Realty Partners and Lionstone Investments are bringing a new restaurant concept to The Trust Building in DTLA. Acclaimed chef… Read more
Kilroy Completes Disposition of Last Orange County Asset
Los Angeles-based Kilroy Realty Corporation completed the sale of 2211 Michelson in the heart of the Irvine Business Complex for… Read more
Buzz Oates Entity Unloads Natoma Station in Folsom for $24M
Natoma Station Corporate Center, a Class A, 102,750-square-foot multi-tenant office property in Folsom, CA, traded hands for 23.7 million. The… Read more
Construction Supplier Claims Corona Space
Princeland Parkridge, LLC signed a five-year, 36,634-square-foot lease with GMES California, LLC at 830 Parkridge in Corona, CA. The deal… Read more
GH Palmer Affiliate Snags 22-Acre Site Entitled for Nearly 1,000 New Units
Palmer Mission Gorge Properties LP, an affiliate of Beverly Hills, CA-based GH Palmer Associates, acquired 22.69 acres in San Diego’s… Read more
Turner Impact Capital Seeks to Double Portfolio with $1B in Workforce Housing
Santa Monica, CA-based Turner Impact Capital is aiming to more than double its commitment to addressing the country’s severe housing… Read more
CushWake Arranges $60M Sale-Leaseback of 4-State Industrial Portfolio
Cushman & Wakefield has arranged the $60.2-million sale and leaseback of a seven-property industrial portfolio totaling 791,000 square feet in… Read more
Deutsche Delivers $350M Refi for Iconic San Francisco Tower
Kylli, Inc. secured $350 million in refinancing for 225 Bush St., an historic, Class A office building totaling 580,000 square… Read more
Medical Practice Purchases Newport Beach Building
A three-story office building in Newport Beach, CA traded hands for more than $8 million, or roughly $372-per-square-foot, to a… Read more
Meridian Buys First Mid-Peninsula Office Building
San Ramon, CA-based Meridian acquired a six-story, 100,000-square-foot office building in San Mateo, CA from DivcoWest reportedly for $63 million.… Read more
Westcore Lands Vertical Farmer Plenty Unlimited at Industrial Asset
Bay Area-based Plenty Unlimited signed a 10-year lease to take Westcore Properties’ entire 94,875-square-foot warehouse development project currently under construction… Read more
Economic Equity Network Supports OZ Capital Deployment in Needed Areas
The Economic Equity Network (EEN) was developed and launched to support deployment of Opportunity Zone capital into areas that can… Read more
Seattle Can Accommodate Additional Growth
By Dennis Kaiser Seattle is a market on the move. Not only is it booming from a corporate and tech… Read more
USC Casden Forecast: Expect Triple-Digit Rent Increases
The 2019 USC Casden Economics Forecast predicts that the average Southern California apartment dweller will pay at least $100 more… Read more