California
Mathis Brothers Takes 160K SF at Irvine Co.’s Home Furnishings Destination
Irvine Company Retail Properties signed a 160,000-square-foot deal with Mathis Brothers Furniture at The Market Place. The independent furniture retailer… Read more
San Pedro MF Trades at Record Cap Rate
Park Western Estates, a 216-unit garden-style multifamily property in San Pedro, CA, traded hands for $62.9 million, which worked out… Read more
Warner Bros. Cuts $1B Deal for Burbank Studios, Tower, Ranch Lot
Warner Bros. is expanding its footprint in Burbank via the acquision of the Burbank Studios and lease of a two-building… Read more
Columbia Property Trust Divests Atlanta Office Campus for $228M
Atlanta-based Columbia Property Trust completed the sale of One and Three Glenlake Parkway, a fully-leased, 711,000-square-foot office campus located in… Read more
A Cool and Colorful Idea to Steer Traffic to Retail Centers
By Dennis Kaiser Ask anyone in retail real estate how the sector is doing, and they’ll struggle to find the… Read more
Kearny Mesa’s Spectrum Corporate Plaza Sold for $40M
Seattle-based Washington Capital Management, on behalf of a client, acquired Spectrum Corporate Plaza in San Diego for $39.8 million. Located… Read more
Lakeshore Plaza at Dos Lagos Advances in Corona
The second phase of development is set to begin at Lakeshore Plaza at Dos Lagos in Corona, CA. The four-story,… Read more
Credit Karma Takes 106K SF at Ellis Partners’ Oakland Tower
Ellis Partners signed a 106,000-square-foot lease with Credit Karma at 1100 Broadway in Oakland. The financial services technology firm will… Read more
SRS Signs Planet Fitness to Carson Town Center
A Newport Beach, CA-based team from SRS Real Estate Partners completed a 28,600-square-foot lease with Planet Fitness at Carson Town… Read more
Revised Plans for 10.6M-SF Santa Clara Mission Point MXU Submitted
Kylli, Inc. submitted revised plans for a mixed-use neighborhood at 3005 Democracy Way in Santa Clara, CA. The proposed project… Read more
AFIRE Survey: Can Strong U.S. CRE Fundamentals Outweigh External Risks?
Global investors generally remain confident in a strong U.S. economy, solid real estate market fundamentals, and continued capital inflow to… Read more
L.A. Scores Economic Bragging Rights
It’s been said that New York City isn’t very good at coming in second. In this case, though, it’s going… Read more
CushWake’s Karbelk Runs to Victory in L.A. to Vegas Footrace
By Dennis Kaiser Cushman & Wakefield’s Jason Karbelk, a Senior Research Analyst in San Francisco, is a leading runner with… Read more
Cisterra’s Preserve at Torrey Highlands Secures Planning Commission Blessing
The San Diego Planning Commission approved Cisterra Development’s proposed Preserve at Torrey Highlands, a 400,000-square-foot office campus in North San… Read more
MBK Rental Living Acquires 14.5 Acres in Santa Maria for New Community
Irvine, CA-based MBK Rental Living acquired a 14.5-acre site in Santa Maria, CA from Easton Plaza, L.P., and plans to… Read more
Houston Developer Plans 300-Unit MF Project in Sacramento
Houston-based Oakdale Communities secured an $83-million loan for the development of The Core Natomas, a luxury apartment complex in Sacramento.… Read more
Western National, Banner Oak Form MF Partnership
Irvine, CA-based Western National Group formed a strategic joint venture with Dallas-based Banner Oak Capital Partners, LP that plans to… Read more
Meta Housing Breaks Ground on $51M Transit-Oriented MF in Koreatown
Los Angeles-based Meta Housing Corp., in a joint venture partnership with Western Community Housing, broke ground on the $51.4 million… Read more
Uber Charts Next Path, Files IPO
In what could be one the largest tech stock listings ever, Uber Technologies, Inc. filed for an initial public offering… Read more