California
Connect Media Grows National Team with O’Keefe, Pietrini and Reimold
Confirming its status as one of the country’s fastest-growing media companies, Connect Media has made hires on both coasts and… Read more
Developer Sells OKC’s Reserve at Quail North, Pockets $39M
Watermark Residential developed and opened The Reserve at Quail North Apartments in 2016. Three years later, the Indianapolis company sold… Read more
Flood of California Legislation Signed to Address Housing Production
California Gov. Gavin Newsom signed 18 bills intended to address California’s chronic housing shortage this month. The bills are expected… Read more
SRS Opens Office in Santa Monica to Serve Greater LA
By Dennis Kaiser SRS Real Estate Partners expanded its national footprint to Greater Los Angeles. The new office in Santa… Read more
Drawbridge Claims Corporate HQ Assets in South County
San Francisco-based Drawbridge Realty purchased two corporate headquarters office buildings in Aliso Viejo, CA. The two Class-A office buildings, known… Read more
San Francisco Bans Cars on Market Street
The San Francisco Municipal Transportation Agency board of directors unanimously approved $604-million Better Market Street Project. The move will transform… Read more
Harbor Buys Five-Building Portfolio in San Bernardino for $42M
Long Beach-based Harbor Associates, LLC, in joint venture with Taconic Capital Advisors, closed on a $41.7 million off-market acquisition of… Read more
Kennedy Wilson Secures $300M Equity Investment from Eldridge Industries
Beverly Hills-based Kennedy Wilson received a $300-million strategic investment from affiliates of Greenwich, CT-based Eldridge Industries. Kennedy Wilson expects to… Read more
Marcus & Millichap’s West LA Office Raises Funds for Breast Cancer Awareness
The commercial real estate industry has long adopted initiatives to support the community or causes that help others. The most… Read more
San Diego Office Market Headed for 10th Straight Growth Year
Cushman & Wakefield’s 3Q 2019 report reflects ongoing stability in San Diego’s office sector. Overall office vacancy came in at… Read more
What $1 Million Can Buy in Today’s Housing Market
A million-dollar home looks very different from one city to the next, according to new research from Zillow. The typical… Read more
California Realtor Group Reports YOY Sales Increase, Though September Numbers Flat
California’s housing market recorded a third consecutive year-over-year sales increase as month-over-month sales remained essentially flat amid the most favorable… Read more
New Sweet Spot Emerges in SoCal Industrial
Even as the growth of e-commerce has lifted the entire industrial and logistics real estate sector, a sweet spot has… Read more
Hines Divests Brea Building for $17M
Anaheim-based Crowne Pointe Equity acquired a 45,158-square-foot office building in Brea for $17 million or roughly $376-per-square-foot from Houston-based Hines.… Read more
Rescue Plan Sets Up “Stalking Horse” Bid for Barneys
All remaining Barneys New York stores, including the Madison Avenue and Beverly Hills flagships, would close under a tentative agreement… Read more
Urban Community, Terrascape Ventures Plan 850K-SF Tower in San Jose
Urban Community LLC and Terrascape Ventures LLC submitted a Site Development Permit for the development of Davidson Plaza Tower, an… Read more
Newly-Built Community in Ontario Trades for Record
The Mogharebi Group (TMG) completed the record sale of Hallmark at Mission, a 75-unit multifamily community in Ontario, CA. Waterford… Read more
800K-SF Galatyn Commons Owner Snags $155M in Financing
Spear Street Capital worked a deal with Royal Bank of Canada to obtain $155 million in financing for Galatyn Commons,… Read more
Capital Square 1031 Completes DST Offering of SoCal MOB Portfolio
Capital Square 1031 reports that CS1031 So Cal MOB, DST, comprised of three medical facilities located in Pasadena, Rancho Mirage… Read more