California
CommonGrounds Workplace Expands to DTLA
CommonGrounds Workplace signed a 13-year lease for 45,978 square feet at 915 Wilshire Boulevard in DTLA’s Financial District. The enterprise-grade… Read more
Controversial California Housing Bill Moves Forward Following Compromise
The controversial SB 50 bill was passed by California’s Senate Governance and Finance Committee this week. The legislation would override… Read more
Financing the Cost of Housing: Rental Housing, That Is
Housing finance generally means taking out a home mortgage, and paying it off over time. The lender has the loan,… Read more
Passco Widens Area Footprint with the 330-Unit Grayson
Passco Cos. struck a deal with a Dallas-based developer for ownership of The Grayson, a 330-unit apartment complex in Spring,… Read more
Prospect Medical Holdings Seeks Buyer for Healthcare Assets
Prospect Medical Holdings, the parent company of Nix Health, wants a buyer for a downtown San Antonio hospital and four… Read more
Badiee Sells Fully-Leased Carlsbad Industrial Facility
Badiee Development, Inc. divested a 55,573-square-foot Class A industrial property in Carlsbad, CA. The recently-constructed facility is fully-leased and was… Read more
Rockefeller Plans 200K-SF Distribution Center in Moreno Valley
Rockefeller Group acquired 8.78 acres of industrial land in Moreno Valley, CA and plans to begin construction of a 203,000-square-foot… Read more
Multifamily Sales Leader Shivu Srinivasan Joins Transwestern
Transwestern Commercial Services (TCS) expanded its Bay Area team with the addition of Shivu Srinivasan and his multifamily investment team… Read more
Co-working Company Lands at Lincoln’s Flight in Tustin
Work Well Win signed a 25,348-square-foot lease at Lincoln Property Co.’s Flight @ Tustin Legacy in Tustin, CA. This will… Read more
PassComm Group Joins Sperry Commercial Global Affiliates
Pasadena, CA-based The PassComm Group has joined Sperry Commercial Global Affiliates. The company focuses on all of Los Angeles County,… Read more
Pacific Industrial Completes Record-Breaking $214M Industrial Sale in SoCal
Pacific Industrial completed the largest non-portfolio industrial property disposition in California in the past 24 months, with the sale of… Read more
Chicago’s the Most Sought-After Rental Market in U.S.
Good news for Chicago’s rental apartment landlords: the city is currently the most sought-after rental market in the U.S. So… Read more
Online Vehicle Auction Company Claims 51 Acres in Otay Mesa for $30M
Dallas-based online vehicle auction company Copart, Inc. purchased 51 acres in Otay Mesa for $30 million. CBRE’s Rob Hixson represented… Read more
Greystar to Develop $450M Academic Village for UC Hastings Law
The Univ. of California Hastings College of the Law selected Greystar Real Estate Partners, LLC to develop campus housing, academic… Read more
Matt Berres Joins NKF Net Lease Team from JLL
NKF added Matt Berres as executive managing director in its Newport Beach office. Berres specializes in the sale, purchase and… Read more
BLT Debuts New Creative Office “Neighborhoods” Concept
Santa Monica-based BLT Enterprises completed the transformation of a brick shell warehouse in West Los Angeles into a state-of-the-art creative… Read more
J. P. Morgan, Starwood Deliver $515M for Kylli’s Burlingame Point
Kylli, Inc. secured $515 million in financing for Burlingame Point, a new 803,000-square-foot office campus in Burlingame, California. The construction… Read more
Parallel Capital Finalizes $25M AZ Center Renovation, Preps for Hotel
San Diego-based Parallel Capital Partners, Inc. finalized more than $25 million in renovations to Phoenix’s iconic Arizona Center, completing new creative… Read more
RCM Report: Private Investors Move to Forefront of Senior Housing Investment
Private investors have moved to the forefront of senior housing investment, spending $6.2 billion in 2018 as REIT’s continued to… Read more