California
Dekel Secures $59M for Development of Glendale Senior Facility
Los Angeles-based Dekel Capital has assembled $59.4 million in debt and equity financing for the development of a 113-bed assisted… Read more
Boston Properties Joins San Jose’s 1.1M-SF Platform 16 Development Team
Boston Properties, Inc. joined with San Francisco-based TMG Partners and Valley Oak Partners to co-develop Platform 16, an urban campus… Read more
Park Trust Makes Plans for Manhattan’s First Beach
Manhattan Beach may soon no longer be strictly the name of a California coastal community. At its board meeting Thursday,… Read more
Pipeline Health Expands Texas Footprint By Acquiring 22 Freestanding ERs
Pipeline Health LLC has acquired Texas Health Resources’ majority stake in 22 freestanding emergency rooms. The Los Angeles-based company will… Read more
Tishman Speyer Releases Penthouses at San Francisco’s Lumina
The top-floor penthouse homes at Tishman Speyer’s Lumina have been released to market. These final remaining residences in the 656-unit… Read more
NAIOP SoCal Identifies Key Legislative Issues on Docket in 2019
At any given moment, numerous governmental agencies are working on regulations, taxes, fees, land use decisions, and other issues that… Read more
Crown Wins Bid for 100-Acre North Phoenix Development Site
Crown Realty & Development acquired 96.5 acres and will take over as master developer of a prime North Phoenix site… Read more
AEW Inks 68K SF in Chicago with Silicon Valley-Based Startup
Upwork, the largest global freelancing website, plans to take 67,730 square feet of space at 525 West Van Buren, a… Read more
Rockefeller Divests Inland Empire Industrial Building to KKR for $44M
New York-based Rockefeller Group sold a recently-completed 406,650-square-foot industrial distribution building in Perris, CA to KKR for $43.5 million. KKR is… Read more
Trio of Texas Markets in Tech-Enabled CRE Brokerage’s Growth Path
TenantBase, a tech-enabled commercial real estate brokerage, plans to expand into multiple markets with the launch of offices in Houston, Austin, Fort Worth, as well… Read more
Looking Ahead into Crucial Trends Shaping CRE in 2019
By Dennis Kaiser The AIR CRE 2019 SoCal Market Trends & Forecast lived up to its billing as a “must-attend”… Read more
Shaw, Penwood Divest San Bernardino Industrial Asset
A joint venture between Shaw Development and Penwood Real Estate Investment Management, LLC sold a 197,100-square-foot, single-tenant industrial property at… Read more
Rare Bay Area In-N-Out Ground Lease Sold by Paragon
Paragon Commercial Group, LLC sold a rare In-N-Out Burger ground lease in San Jose to a private Bay Area buyer for $6.9… Read more
Anaheim Residence Inn Trades for $26M
Aliso Viejo, CA-based Pacifica Hotels picked up the Residence Inn by Marriott Anaheim Hills Yorba Linda for $25.5 million. The… Read more
Spaces Snags 69K SF at J.P. Morgan’s Water Garden in Santa Monica
Co-working firm Spaces signed a new 69,208 square-foot lease at the Water Garden in Santa Monica, CA. Managed and leased… Read more
PG&E Files for Reorganization Under Chapter 11
PG&E Corporation, the owner of California’s largest electric utility, filed for Chapter 11 bankruptcy protection Tuesday. The move was not… Read more
Apartment Sector Sustains Positive Outlook; Marcus & Millichap Report
Accelerating household formation, underpinned by the tight U.S. labor market, will continue to support apartment rental demand in 2019, predicts… Read more
Prospect of Rent Control Has Owners Wary Statewide
“Rent control has been seen as a Chicago issue, but it really is a statewide issue,” said Illinois Realtors’ Brian… Read more
Homegrown Valuation Pro Returns to NYC with NKF Post
NKF has added valuation expert Guy DiRienzo to its New York headquarters. Joining as EVP, DiRienzo comes to NKF with… Read more