California
San Bernardino Target Center Sold by Brixmor
Brixmor Property Group divested the 143,082-square-foot San Bernardino Target Center to International Properties Holding Group, LLC for an undisclosed amount.… Read more
DeRose & Appelbaum Adds Two Partners, Retail Brokerage Rebrands as Maven
DeRose & Appelbaum, a San Francisco-based retail brokerage and advisory firm, added Pam Mendelsohn and Sarah Brett Schwartz as Partners.… Read more
$30M Marina Arts District MF Completed with Co-Living Units
California Landmark Group (CLG) completed construction of C1, the first large multifamily development in Los Angeles to feature co-living housing. The… Read more
Google Snags All of Hudson-Macerich One Westside Creative Office Redev
Google, Inc. leased the entirety of Hudson Pacific Properties, Inc.’s and Macerich’s One Westside redevelopment, a planned 584,000-square-foot Class A… Read more
CBRE Global Investors Claims D.C.’s Warner Building for $377M
The Warner Building, a 583,453-square-foot office building, located at 1299 Pennsylvania Ave., NW in Washington, D.C., has traded hands. Los… Read more
Digitally Native Brands Adopt Offline Presence
By Dennis Kaiser There’s a new class of retailers set to emerge in 2019 that are worth keeping an eye… Read more
NAIOP SoCal Selects 2019 Executive Committee Leadership, Board of Directors
The Southern California chapter of NAIOP has named its 2019 Executive Committee and Board of Directors, encompassing a diverse ensemble… Read more
Multi-Tenant Fontana Retail Asset Trades in 1031 Exchange
Newport Beach, CA-based Pacific Development Group sold a 9,000-square-foot multi-tenant pad building in Fontana, CA for $3.9 million. The property… Read more
Waterford Lands Rare Newport Beach MF Assemblage
Waterford Residential purchased Dover Heights Apartment Homes in Newport Beach, CA for $30.6 million, which translates to $463,000-per-unit and $474-per-square-foot.… Read more
Alameda Office/R&D Campus Attracts Strong Investor Interest
North River Company LLC acquired Alameda Center, a 155,040-square-foot, four-building modern office/R&D campus in Alameda, CA for an undisclosed price.… Read more
NKF Expands in SFV, John DeGrinis Team Joins from Colliers
NKF expanded its San Fernando Valley footprint with the addition of a team of industrial market leaders led by John… Read more
CBRE Splits CFO, CIO Role, Launches Search for New CFO
Los Angeles-based CBRE Group, Inc. plans to divide the responsibilities of its CFO and CIO into two senior executive positions.… Read more
KBS Signs 385K SF at Denver’s Granite Tower
Newport Beach, CA-based KBS executed 384,716 square feet of leasing activity at Denver’s Granite Tower during Q4 2018. Among the deals… Read more
25-Story San Diego Tower Undergoes Renovation
Hammer Ventures is renovating Tower 180, a 25-story, tower and low-rise annex at 180 Broadway Ave. in San Diego. The… Read more
131-Acre, 580-Home MXU Community Approved in San Luis Obispo
Coastal Community Builders and Presidio Residential Capital plan to develop San Luis Ranch, a 131-acre farm-to-table community in San Luis… Read more
630-Unit MF Development Moves Forward in Downtown San Jose
Miro, by Bayview Development Group, a two-building residential development containing 630 units, is moving forward in downtown San Jose .… Read more
Paige Serden Joins Newmark Realty Capital from City National Bank
San Francisco-based Newmark Realty Capital, Inc. named Paige Serden as Executive Vice President of the largest independent commercial mortgage banking… Read more
Oaktree, Cypress Claim Scottsdale Office Asset for $92M
Raintree Corporate Center, an institutional-quality, 345,417-square-foot office project in Scottsdale, AZ, was acquired by funds managed by Oaktree Capital Management,… Read more
Retail Segment Battered, But Weathers Storm
Given the many store closures across the U.S., minimal changes in vacancy rates show how the retail sector has withstood… Read more