California
Newmark Lands Leasing Assignment for 2.6M-SF Vintage Park East in Fontana
Newmark has been awarded the exclusive leasing assignment for Vintage Park East in Fontana, one of the Inland Empire’s most… Read more
Farallon Partnership Trades Historic Hawthorne Hangar Campus
CBRE arranged the sale of the Hawthorne Hangar Campus at 3507 Jack Northrop Ave. in Hawthorne, a 40,553-square-foot industrial flex… Read more
MBK Opens Murrieta Rentals Following Strong Demand in Pre-Leasing Phase
Developer MBK Rental Living has opened Vintage Farms, a 15-acre community featuring 330 apartments in Murrieta. The community, now open… Read more
Union Investment, Nuveen Sell Upper East Side Retail
Union Investment and Nuveen Real Estate have sold their 1511 Third Ave. retail property on Manhattan’s Upper East Side to San Francisco-based Stockbridge.… Read more
ANALYSIS: Warsh’s Fed Sends Blunt Message
Kevin Warsh has chaired his first Federal Open Market Committee meeting, and he wasted no time making clear this is… Read more
Kadima Industrial Acquires Shallow Bay Woburn Property
JLL Capital Markets arranged the sale and financing of 215 Salem St., a 62,155-square-foot shallow bay industrial facility in Woburn, MA. Director… Read more
Advanced Manufacturing Tenant Signs Headquarters Lease in Scripps Ranch
Luminous Capital Management, in partnership with Austin-based Virtus Real Estate Capital, has leased its 75,000-square-foot industrial property located at 10225… Read more
Long-Delayed Candlestick Point Development Advances with Board of Supervisors Approval
Twelve years after Candlestick Park was demolished and the San Francisco 49ers relocated to Santa Clara, developer FivePoint is set… Read more
DTLA’s Bank of America Plaza Trades for $210M in Receivership Sale
(Updated with additional information) Colliers on Tuesday announced the sale of 333 S. Hope St., a/k/a Bank of America Plaza,… Read more
Investor in Postal Real Estate Scores Off-Market Deal in San Diego
Amid an investment climate that has many commercial real estate investors looking for stabilized assets, JLL announced that Postal Realty Holdings… Read more
Levin Johnston Finalizes 1031 Exchange for Livermore Apartments
The Levin Johnston team of Marcus & Millichap has helped a private investor complete a 1031 exchange involving two apartment communities in… Read more
BKM Plans Repositioning for Office-Heavy Flex/R&D Campus in Silicon Valley’s Golden Triangle
BKM Capital Partners has acquired Mission Park Business Center, a 94,000-square-foot campus in Santa Clara, for $33 million from Washington Holdings.… Read more
Kennedy Wilson, Fairfax Financial Close on $1.65B Take-Private Deal
Kennedy-Wilson Holdings, Inc. said Tuesday that Fairfax Financial Holdings Limited had completed its all-cash acquisition of the company. First announced… Read more
Mackenzie Welcomes Dena Null as Healthcare Practice Leader
Integrated design firm Mackenzie announced that Dena Null has joined the firm as healthcare practice leader, based in the Portland,… Read more
Local Investor Snaps Up Sherman Oaks Burlington Store
Marcus & Millichap closed the sale of 14651 Ventura Blvd., a locally owned and operated Burlington store in Sherman Oaks. The sale price was $11,225,000. “Sherman Oaks remains… Read more
Flexible Office Operator Kiln Signs on for Full Floor at OCVIBE’s The Weave
OCVIBE, a 100-acre mixed-use district under development in Anaheim, said Monday that Kiln, a hospitality-driven coworking and flexible office operator,… Read more
Newly Opened Santa Cruz Luxury Hotel Refinanced for $115M
Sonnenblick-Eichner Company, on behalf of Ensemble Investments, LLC, has arranged $115 million in first mortgage debt to refinance a newly… Read more
Apple Pays $162M for Sunnyvale Offices It Had Subleased
Apple has paid $162.2 million for a Sunnyvale office building after signing a sublease for the property last year, the Silicon… Read more
MCR Pursuing 1,000 New Miami Airport Hotel Rooms
MCR, owner of the Hilton Miami Airport Blue Lagoon, plans to add 1,000 hotel rooms by using space now used… Read more