California
Insomniac Games Expands Burbank HQ at Blackstone-Worthe Building
Blackstone Group and Worthe Real Estate Group signed an expansion lease with Insomniac Games at the 19-acre Media Studios campus… Read more
Rakuten Super Logistics Snags Anaheim Space from Panattoni JV
Rakuten Super Logistics (RSL) signed a five-year 60,809-square-foot lease of an industrial building in Anaheim, CA owned by a joint… Read more
Hines JV Divests Sacramento’s Evergreen Tower
Connect Bay Area is coming up July 18, 2019 at the Grand Hyatt San Francisco. Get more information, and register… Read more
KBS REIT III in $1.2B Office Sale to Newly-Formed Singapore REIT
(This article has been updated with new information.) KBS Real Estate Investment Trust III has agreed to sell an 11-property… Read more
Two New Tenants Claim 250K SF at Ontario Warehouse
A pair of tenants, Esperia Holdings, LLC and Technical Consumer Products, Inc., have leased the entire Airport Distribution Center in… Read more
Berkadia Handles $82M Sales of Puget Sound MFs
Berkadia completed a $59.35 million sale for Bryson Square and Meridian Garden, two garden-style multifamily properties in Kent, and the… Read more
Connect Apartments 2019: Developers Discuss Latest Market Trends
By Ben Johnson Apartment developers today are focused on both core “main and main” locations as well as suburbs in… Read more
Legacy Breaks Ground on 300-Unit W. Seattle MF
Foster City, CA-based Legacy Partners broke ground on Legacy at Fauntleroy Apartments in West Seattle. The two-building community, located at… Read more
Renovated Central San Diego Asset Gets New Owner
Sorrento Ridge, a 103,325-square-foot office building in San Diego’s Miramar submarket, has traded hands. The three-story asset located at 7220… Read more
Top Ten Issues Affecting the Industry; Infrastructure and Housing Lead Latest List
The latest research by The Counselors of Real Estate identified the current and emerging issues expected to have the most… Read more
Connect Apartments 2019: Lenders Holding Steady on Underwriting Criteria as Economy Slows
By Ben Johnson Representatives from across the multifamily lending spectrum said that underwriting is holding steady in the face of… Read more
Prologis Picks Up Industrial Park in Westminster
Prologis acquired a 10-building industrial park located on Fenwick Lane in Westminster, CA. The 264,847-square-foot property was sold by CMSS… Read more
Harvest, NY Life Divest One Bay Plaza in Burlingame
Connect Bay Area is coming up July 18, 2019 at the Grand Hyatt San Francisco. Get more information, and register… Read more
Faris Lee Investments Goes Behind Irvine’s Restoration Hardware Sale
By Dennis Kaiser Faris Lee Investments, a leading retail advisory, and investment sales firm, recently completed the $6.9 million sale… Read more
Urban Commons Completes $27M Renovation of Holiday Inn Resort Orlando
Los Angeles-based real estate investment and development firm Urban Commons completed the $27.5-million renovation and rebranding of the former Nickelodeon… Read more
1890’s Gaslamp Quarter Building Finds New Owner
The George Hill Building, a 15,639-square-foot mixed-use property in downtown San Diego, has traded hands for nearly $6.3 million. The… Read more
Leaders Share Insights from NAIOP I.CON West (VIDEO)
Industry members who attended the recent NAIOP I.CON West conference in Long Beach, CA had the opportunity to hear about… Read more
Governor Newsom’s $215B State Budget Signed
Gov. Gavin Newsom signed his first California state budget, a $214.8-billion plan for 2019-20 that increases spending on public education,… Read more
Elaine Philis Joins Broadshore from CBRE Capital Advisors
Broadshore Capital Partners expanded its leadership team with the addition of Elaine Philis as SVP, Director-Capital Raising. Philis will be… Read more