California
AEW Inks Nearly 330K-SF Eastvale Deal with White Horse Logistics
AEW signed a 327,928-square-foot lease with White Horse Logistics, Inc. at 12350 Philadelphia St. in Eastvale, CA. This is the… Read more
BKM Bags Kent Valley Industrial Park for $30M
Newport Beach, CA-based BKM Capital Partners acquired Seattle’s West Valley Business Park, an industrial asset consisting of 179 units in… Read more
Karinna Cassidy Takes Asset Services Lead at CushWake in SoCal, Texas
Cushman & Wakefield promoted Karinna Cassidy, Senior Managing Director, to lead the Southern California and Texas markets for Asset Services.… Read more
South County Theater Near Border Trades for $32M
AMC Theatres Palm Promenade in San Diego has traded hands for $32.3-million. The buyer was an unnamed REIT specializing in… Read more
USC Unveils Dr. Dre, Jimmy Iovine Facility for Arts, Technology
USC unveiled the 40,000-square-foot Iovine and Young Hall, a learning space that was underwritten by a $70 million gift from… Read more
Creative Office Building in Tustin Trades for $17M
Los Angeles-based Excelsior Partners acquired a 50,832-square-foot, creative office building in Tustin, CA for $16.8 million. The seller of the… Read more
IPA Handles $89M Redwood City Transit-Oriented MF Deal
Institutional Property Advisors (IPA), a division of Marcus & Millichap, completed the sale of Township Apartments, a 132-unit apartment asset… Read more
Leasing Activity Accelerates at MBK Rental Living’s Murrieta MF
Irvine, CA-based MBK Rental Living reports leasing activity has been strong for Mitchell Place, a lifestyle apartment community in Murrieta,… Read more
Katerra Decides Against SMART, Will Develop 600K SF Elsewhere
California-based Katerra changed its mind about occupancy in San Marcos’ 880-acre Air, Rail and Truck Terminal (SMART) and instead, will… Read more
New Winding Creek at the Preserve Sells to Exchange Buyer
Trez Capital sold the 314-unit Winding Creek at the Preserve, a new multifamily property in Grand Prairie, TX, to a… Read more
Retail Takes Geolocation to the Next Level
By Dennis Kaiser A recent Inc. article showed exactly how precise and useful geolocation data has become. The publication worked… Read more
Sentre Snags San Marcos Retail Center for Nearly $20M
San Diego-based Sentre acquired San Marcos Village, a 96,606-square-foot shopping center in San Marcos, CA for $19.25 million. CBRE’s Scott… Read more
Veteran Agency Leasing Broker Joins CushWake
Cushman & Wakefield announced that Josh Bernstein joined the firm as a Managing Director. An industry veteran with more than… Read more
Apartment Assn. of Orange County Partners with Homeless Organization
The Apartment Association of Orange County (AAOC) partnered with United to End Homelessness (U2EH) in an effort to address the… Read more
Alexandria Acquires Stanford Research Park Asset for $26M
Pasadena-based Alexandria Real Estate Equities, Inc. expanded its Greater Stanford Innovation Cluster footprint with the $26-million acquisition of 3160 Porter… Read more
Berkadia Arranges WI Portfolio Deal for Weidner
Berkadia arranged the sale of a portfolio of two multifamily properties totaling 364 units in the suburbs of Madison, WI. The… Read more
Avison Young Executes $27M 1031 Exchange Involving Multiple SoCal Assets
Avison Young negotiated a strategic 1031 exchange of four properties with a total transaction value of $26.9 million. The complex… Read more
Blackstone Forms $2.9B JV to Leash Great Wolf Resorts Controlling Interest
Blackstone Real Estate will acquire a 65% controlling interest in Great Wolf Resorts Inc. Blackstone affiliate Blackstone Real Estate Partners… Read more
JLL Expands Project, Development Services Team in L.A.
JLL named Jay Pich as the firm’s Southwest Managing Director for its Project and Development Services’ practice. Based in Los… Read more