California
Noble House Completes $21M Hilton Renovation
Noble House Hotels and Resorts, Ltd. completed a $21-million renovation of the Hilton San Diego Resort & Spa, located at… Read more
Research: Low-Cost Rental Housing Disappearing While Rental Stock Grows
The United States has more rental units than ever, but an increasingly fewer amount of them are available at low… Read more
San Francisco to Require 100% Renewable CRE Buildings
The San Francisco Board of Supervisors voted unanimously this week to approve Mayor London Breed’s legislation to require large commercial… Read more
CBRE Forecasts Strong Performance for Los Angeles Hotels Through 2021
Los Angeles area hotels continue to benefit from high demand from leisure and business travelers alike, according to CBRE Hotels… Read more
Anaheim MF Parking Structure Showcases Swanky Amenity Deck with Pool, Beer Garden
The George, a 340-unit multifamily development in Anaheim, CA, proves parking structures can be great places to hang out. The… Read more
Biproxi Seeks to Become the Zillow of CRE
San Diego-based Biproxi raised $10 million in a seed funding round led by Greycroft. The transaction platform is seeking to… Read more
Cypress Equities Sells Crystal Falls Town Center to Cali Buyer
Cypress Equities sold Crystal Falls Town Center, a 94,820-square-foot, grocery-anchored shopping center in Leander, TX, north of Austin. The Dallas… Read more
Decron Snags Seattle MF from Kennedy Wilson for $79M
Decron Properties completed its second significant investment in the Seattle MSA within the past 10 months. The Los Angeles-based investor… Read more
Rancho Bernardo Industrial Building Sold for Nearly $10M
A 46,936-square foot, stand-alone industrial building in San Diego’s Rancho Bernardo neighborhood has traded hands for $9,500,000. The buyer in… Read more
Yardi: Rent Growth Healthy in Every Major Market
Yardi Matrix’ August 2019 report pointed to one issue: The multifamily sector continues to perform exceedingly well, across nearly all… Read more
Hollywood Park Names First District Tenants
Hollywood Park, a 298-acre development being built by Los Angeles Rams Owner/Chairman E. Stanley Kroenke, inked its first three tenants… Read more
World Gym Stretches Muscles into Costa Mesa
World Gym International, the iconic Venice Beach bodybuilding club, plans to relocate its headquarters to Costa Mesa, CA from its… Read more
Moreno Valley MF Trades in All-Cash Deal
CBRE completed the sale of a 15-unit multifamily property in Moreno Valley, CA for $2.15 million in an all-cash deal.… Read more
Alexandria Selected for Mercer Mega Block MXU Campus Assignment
Pasadena, CA-based Alexandria Real Estate Equities, Inc. was selected by the City of Seattle to develop a roughly 800,000-rentable-square-foot mixed-use innovation campus.… Read more
Digital Realty, Mapletree Affiliates in $1.4B Data Center Portfolio Deal
San Francisco-based Digital Realty entered into definitive agreements with affiliates of Mapletree Investments Pte Ltd and Mapletree Industrial Trust for… Read more
U.S. Markets Lead Globe’s Biggest Price Gainers
The latest research by Real Capital Analytics (RCA) shows some global cities are experiencing an acceleration in price gains. Markets… Read more
Uber Targets Dallas for Data Collection, Possible Self-Driving Vehicles
Uber Advanced Technologies Group announced it would begin collecting data on Dallas’ road network, specifically targeting downtown Dallas. The ultimate… Read more
Voit Handles Eight-Building National City Office Park Deal
San Diego-based H.G. Fenton Company divested the eight-building Southport Office Park in San Diego’s National City submarket for $8.75 million.… Read more
Drybar’s Webb Reveals Secrets to Launching a Concept that Explodes
Connect Media joined more than 3,000 attendees at ICSC’s 2019 Western Conference and Deal Making confab that kicked-off this week… Read more