California
Where is Search for Yield Taking Investors in 2019?
By Dennis Kaiser The search for yield in a late-cycle environment is drawing more commercial real estate investors into secondary… Read more
DJE Texas Snags 282-Unit Saddlewood Apartments
DJE Texas Management Group acquired its seventh Central Texas multifamily asset, closing on the 282-unit Saddlewood Apartments in northeast San… Read more
Colony Capital Acquires $1.2B National Industrial Real Estate Portfolio
Affiliates of Dallas-based Colony Capital, Inc. acquired a national portfolio of 54 light and bulk industrial buildings reportedly from Reno,… Read more
Savills Studley Promotes Four to Vice Chairman
Savills Studley elevated Corey Davidson, Josh Gorin, Matt Hart and Mike Mordaunt to the role of vice chairman. The promotions… Read more
Planning The Unexpected Merchandising Mix
By Dennis Kaiser Incubator retailing, specialization, flash retail, or inspired marketplaces are quickly evolving into a growing norm that centers… Read more
Angelo Gordon, LPC West Land Large Orange County Office Portfolio
LPC West, along with partner Angelo Gordon, acquired a six-property portfolio of Class B, mid-rise office buildings in North and… Read more
Mission Viejo MF Trades for $76M
ReNew at the Shops, a 400-unit garden-style multifamily property in Mission Viejo, CA, has sold for $76 million. The buyer… Read more
Goldman Sachs Grabs Santa Monica Ocean Avenue Land for $65M
Goldman Sachs acquired a ground leased land fee position at 1733 Ocean Avenue in Santa Monica, CA for $65 million.… Read more
Saban Sells 14-Office Portfolio for $430M, Adds DC Asset for $170M
An affiliate of Los Angeles-based Saban Real Estate reportedly completed the sale of a 14-property office portfolio to Washington, D.C.-based… Read more
Signature $331M, 43-Story Tower Completed in Seattle
Arrivé, a 43-story mixed-use tower, is now complete in Seattle. The $331-million development blends hotel, hospitality and upscale apartment uses… Read more
Crest Hill Shopping Center Sells to California Buyer
Hanley Investment Group Real Estate Advisors has completed the sale of South Weber Plaza, a 28,600-square-foot multi-tenant retail property in the Will County… Read more
Bespoke Coffee Shop Brews Up Lease at Lincoln Common
A few days after announcing one new retail tenant at their forthcoming Lincoln Common project, Hines and McCaffery Interests have… Read more
Chicago’s Tops for Corporate Relocations Six Years Running
For the sixth consecutive year, Site Selection Magazine has named Chicago the leading city in America for corporate relocations. It… Read more
RAF Pacifica Claims Carlsbad Properties for $36M
Encinitas, CA-based RAF Pacifica Group acquired a pair of assets in Carlsbad, CA for $36.3 million. The separate sales consisted… Read more
Voit Handles Sale of Newly-Built Facility in Rialto
A newly-constructed, 120,576 square-foot freestanding industrial facility in Rialto, CA has been sold for $15.9 million. The seller was Compass… Read more
Hines Expands Bay Area Portfolio with Sunnyvale Addition
Houston-based Hines has reportedly acquired Oakmead West, a seven-building, multi-tenant campus in the heart of the Silicon Valley, from DWS… Read more
Marcus & Millichap’s Nadji Previews Connect Los Angeles
By Dennis Kaiser Connect Los Angeles is set for March 21st at the Hotel Indigo Downtown Los Angeles. The planned… Read more
Caruso Opens Rosewood Miramar Beach Resort in Santa Barbara
Connect Los Angeles is set for March 21st at the Hotel Indigo Downtown Los Angeles. You can get more information… Read more
California Cities Miss Mark on Housing Targets
A new report by Beacon Economics and think tank Next 10 reveals many California cities are falling behind on their… Read more