California
Bridge Investment Deploys $500M in O-Zone Strategy
Bridge Investment Group said it has invested $509 million across its Opportunity Zone Strategy. “Our team has deployed capital in… Read more
KBS Embarks on $20M Repositioning of DTLA’s Union Bank Plaza
Newport Beach, CA-based KBS launched a $20 million renovation of Downtown Los Angeles’ iconic Union Bank Plaza. Located at 445… Read more
Canyon, Paragon JV Bringing First Ever Trader Joe’s to La Habra
Paragon Commercial Group, LLC signed a lease with Trader Joe’s to bring a new, roughly 15,000-square-foot grocery store to La… Read more
Hawkins Way Breaks Ground on Hotel in Downtown Oakland Opportunity Zone
Connect Bay Area is coming up July 18, 2019 at the Grand Hyatt San Francisco. Get more information, and register… Read more
Packaging Firm Expands Footprint to 530K SF at Stirling’s SCLA
Stirling Development signed a 233,770-square-foot lease expansion with Plastipak Packaging, Inc. at Southern California Logistics Airport (SCLA) in Victorville, CA.… Read more
Consolidated-Tomoka Pays $16M for Carpenter Hotel Land
Consolidated-Tomoka Land Co. paid $16.3 million to acquire 1.4 acres under Austin’s Carpenter Hotel. The Florida investor then entered into… Read more
Jim Dobleske Joining CBRE as Global President of Project Management
Los Angeles-based CBRE announced that Jim Dobleske will join the company this month as Global President of Project Management. A… Read more
JV Pays $125M to Acquire Denver’s 599K-SF Civic Center Plaza
Los Angeles-based Rising Realty Partners teamed with BentallGreenOak to buy Civic Center Plaza, a 598,592-square-foot, 22-story, Class A office building… Read more
Longfellow Adds to San Diego Portfolio with Sorrento Valley Buy
Longfellow Real Estate Partners acquired Sycamore Creek Research Park in San Diego’s Sorrento Valley for $26.7 million. Located at 10655,… Read more
Mosaic Funds $460M PDX MXU Dev, One of Largest in U.S. This Year
BPM Real Estate Group secured $460 million in senior construction financing for a one-million-square-foot, mixed-use development in downtown Portland. The… Read more
Vanbarton Bags Seattle Tower for $305M; First in Emerald City
901 Fifth Office Tower, a 41-story, 541,190-square-foot property in Seattle’s CBD has traded hands for $305 million. The buyer was… Read more
WeWork Aims to Raise Billions in Debt Ahead of IPO
WeWork Cos plans to raise $3 billion to $4 billion in debt before it goes public, according to a report… Read more
Goodman Grabs 127 Acres, Including Former Boeing Facility in Long Beach
Goodman Group acquired two of the largest industrial properties in the Los Angeles market, reportedly for $330 million. Totaling 127… Read more
Lake Forest Industrial Trades for 4.75% Cap Rate
A high-image 33,805-square-foot industrial building in Lake Forest, CA was acquired by a Beverly Hills family buyer for $9.4 million… Read more
Stanley Snags San Jose Complex for $30M
Connect Bay Area is coming up July 18, 2019 at the Grand Hyatt San Francisco. Get more information, and register… Read more
NYC’s Airports and Port Set YTD Traffic Records
The Port Authority of New York and New Jersey said its airports, seaport, PATH trains and Goethals Bridge traffic reported… Read more
Goldman Sachs JV Grabs 387-Unit Vancouver MF
Goldman Sachs Asset Management Private Real Estate, in a joint venture with Los Angeles-based Vista Investment Group, Green Leaf River… Read more
JLL Income Property Trust Claims UTC MOB for $90M
JLL Income Property Trust acquired Genesee Plaza, a 161,184-square-foot Class A, two-building medical office campus in San Diego from Polidev… Read more
Waterton Snags 720-Unit MF Portfolio in Las Vegas
Chicago-based Waterton acquired a two-property residential portfolio totaling 720 units in Las Vegas. The seller and price were undisclosed. Built… Read more