California
TrellisWare Technologies Expands to 100K SF at Summit Pointe
TrellisWare Technologies signed a lease with Newport National Corporation to expand into an additional 27,000 square feet at Summit Pointe,… Read more
Capital Square 1031 Divests 24 Hour Fitness-Occupied Asset
Glen Allen, VA-based Capital Square 1031 sold a 37,500-square-foot facility in West Covina, CA that is 100% occupied by 24… Read more
R.D. Olson Launches Redev of Kimpton Hotel Wilshire
Irvine, CA-based R.D. Olson Construction commenced the renovation of Kimpton Hotel Wilshire, a 41,900-square-foot boutique hotel that the firm originally… Read more
Goldrich Kest Acquires Tarzana Apartment Complex for $24M
Culver City, CA-based Goldrich Kest acquired Park Terrace, a 100-unit rent-controlled apartment complex in Tarzana, CA from Lion Real Estate… Read more
Beacon in $600M Sale-Leaseback for Zynga’s San Francisco HQ
Boston-based Beacon Capital Partners, LLC entered into a $600-million sale-leaseback deal with Zynga Inc. for the game maker’s San Francisco… Read more
CushWake to Handle 3.7M-SF Assignment for San Francisco Bank
Bank of the West engaged Cushman & Wakefield for a 3.7-million-square-foot U.S. retail branch portfolio assignment. The firm’s Global Occupier… Read more
CoreNet Global Unveils 2019 Award Winners
CoreNet Global announced the winners and finalists of its annual global best practice awards. The awards are presented each year… Read more
Berkadia Originates HUD Loans on Rock Island Apts.
Berkadia has provided $34.27 million in construction-to-permanent substantial rehabilitation financing for the Rock Island Portfolio, two properties in Rock Island,… Read more
NJ Industrial Outperforms National Average in Vacancies, Rents
Industrial vacancies nationwide posted a slight uptick during the first quarter, the first since 2010, and New Jersey was no… Read more
Amazon’s New $100M Salem Facility Completed
A new more than $100-million Amazon packing and shipping center in southeast Salem’s Mill Creek Corporate Center is now completed.… Read more
Bridge Breaks Ground on MF in Portland
BRIDGE Housing broke ground on North Williams, a 61-unit affordable apartment project in Portland. The developer commemorated the milestone with… Read more
Liberty52 Supportive Housing Rises in Philly
Liberty Housing Development Corp. (LHDC) broke ground Friday on Liberty52: Stephen F. Gold Community Residences in Philadelphia. Rising on vacant… Read more
Hudson Pacific Acquires Seattle Site, Plans $350M Office Tower
Hudson Pacific Properties, Inc. acquired the condominium rights for $86 million and plans to develop the 1.17-acre, full-block site at… Read more
Mid-America Brokers Gold Coast Sale to Newcastle
Mid-America Real Estate Corporation’s investment sales team recently brokered the sale of 1206-1212 N. State St. in Downtown’s Gold Coast neighborhood. The… Read more
Transwestern Tapped for Trophy Buckhead Role in $800M, 3.1M-SF Sumitomo Assignment
Transwestern Commercial Services (TCS) has been selected to provide property management services at Atlanta Financial Center in Buckhead. The three-building,… Read more
American Landmark Acquires Boca Raton MF Community
Tampa, FL-based American Landmark Apartments acquired Alister Boca Raton, a 448-unit multifamily community in Boca Raton, FL from a JV… Read more
American Street Arranges $30M for Brookline, MA MF
Chicago-based American Street Capital (ASC) arranged a $30.4 million loan for a 111-unit, high-rise multifamily property in Brookline, MA. Built… Read more
Holland Partner Breaks Ground on MF in Oregon
Connect Apartments is planned June 20th in Los Angeles. You can get more information and register to attend on this… Read more
Homebuyers Priced Out of Suburbs and into Exurbs
Single-family and multifamily home building permit applications were off on a year-over-year basis in nearly all regional markets during the… Read more