California
Lennar Plans 162-Unit MXU in Anaheim
Connect Retail West is just around the corner on Jan. 22nd at The Resort at Pelican Hill. Here’s where to… Read more
DTLA’s Iconic U.S. Bank Tower Could Command $700M
Singapore-based OUE Limited is reportedly looking to sell the iconic U.S. Bank Tower in DTLA, which spans 72 stories and… Read more
Facebook Takes Entire 800K SF at Peninsula’s Burlingame Point
Facebook signed a lease for roughly 803,000 square feet at Burlingame Point, a new office project being developed by Kylli,… Read more
Las Vegas’ Shadow Mountain Marketplace Snagged for $67M
Connect Retail West is coming up on Jan. 22nd at The Resort at Pelican Hill. Here’s where to get more… Read more
Larry Cambra Takes CushWake Brokerage Leadership Role
Cushman & Wakefield hired Larry Cambra as its new Director of Brokerage in San Diego. He brings more than a… Read more
Tower 16 Claims First Inland Empire MF
Carlsbad, CA-based Tower 16 Capital Partners, in a joint venture with Henley USA, acquired Hillside Village Apartments, an 80-unit multifamily… Read more
Pacific Industrial Snags Platinum Triangle Asset, Assembles 18 Contiguous Acres
Pacific Industrial acquired North Stadium Business Center, a 151,000-square-foot, nine-acre multi-tenant business park in Anaheim’s “Platinum Triangle” for $22.65 million.… Read more
Silicon Valley Apartment Asset Sold by IPA for $110M
Foundry Commons, a recently-constructed, 238-unit, luxury apartment complex in San Jose, CA, sold for $110.25 million. The buyer was Tilden… Read more
John Balestra Promoted at Trammell Crow Co.
Trammell Crow Company (TCC) promoted John Balestra to Principal with the firm’s SoCal-Los Angeles Business Unit. The 30-year CRE veteran… Read more
Policy Decisions Impact Property Markets
Policy decisions, including zoning and land-use regulation, fiscal health, and tax reform, carry important implications for real estate professionals evaluating… Read moreStag Industrial Sells 1.8M-SF, Six-State Portfolio for $114M
Boston-based Stag Industrial, Inc. sold a 1.8-million-square-foot industrial portfolio comprised of seven single tenant buildings in six states for $113.5 million.… Read more
Downtown Las Vegas’ First Ground-Up Gaming Resort Dev in Decades Unveiled
Plans were unveiled for Circa Resort & Casino, a new 1.25-million-square-foot integrated gaming resort in Downtown Las Vegas. Part of the iconic… Read more
QSR Garners Brand’s Highest Price/SF in Midwest
Hanley Investment Group Real Estate Advisors recently arranged the sale of a new single-tenant Raising Cane’s Chicken Fingers quick-service restaurant in the Twin… Read more
JPI Secures Construction Financing $190M Santa Clarita MF
Irving, TX-based JPI unveiled plans to develop Jefferson Vista Canyon, a 480-home luxury apartment community in Santa Clarita, CA. The… Read more
Warehouse Facility in La Verne Trades Hands
An 18,724-square-foot warehouse facility in La Verne, CA has sold for $3.7 million. The buyer was One Investment, LLC, while… Read more
Facebook Signs 226K SF-Lease at Overton Moore’s Morton Commerce Center in Newark
Gardena, CA-based Overton Moore Properties has reportedly signed a 225,679-square-foot lease with Facebook at the nearly 30-acre Morton Commercial Center… Read more
New Corporate Headquarters Unveiled for Behr in Santa Ana
A new 230,000-square-foot corporate headquarters for Behr Paint Company was unveiled in Santa Ana, CA. Located at 1801 E. St.… Read more
Avison Young Leads Koreatown Condominium Development Refi
Avison Young closed a $29-million loan to refinance the construction and sell-out of Golden Galaxy Plaza Condominiums, a partially-completed 80-unit… Read more
PG&E Corp. to File for Bankruptcy Following Wildfires
San Francisco-based PG&E Corp. plans to file for bankruptcy later this month, primarily as a result of billions of dollars… Read more