California
Kennedy Wilson Snags San Jose Complex from Sobrato
An affiliate of Beverly Hills-based Kennedy Wilson acquired five Silicon Valley buildings from the Sobrato Family Foundation for $81.2 million.… Read more
Todd Sammann Joins CBRE Global Investors to Lead Credit Strategies
CBRE Global Investors expanded its leadership team with the addition of Todd Sammann who joins the Los Angeles-based firm as… Read more
Ranking California: Top U.S. Markets for Development
A total of 101 million square feet of office space is expected to be completed by the year’s end across… Read more
Downtown Portland Tower Trades for $180M
Los Angeles-based American Realty Advisors, along with Seattle-based JV partner Unico Properties LLC, reportedly acquired Moda Tower, a 24-story tower… Read more
No Time for Doom and Gloom, Big Box Closures Present Opportunities
It has been just one month since Lowe’s announced the closing of 99 Orchard Supply Hardware locations throughout California, Oregon… Read more
RAF Pacifica Sells 1M-SF Industrial Portfolio for $170M
RAF Pacifica Group disposed of an industrial portfolio totaling more than one million square feet of Class A assets in… Read more
C.W. Driver Completes Construction on $78M CSUSB Facility
Connect Inland Empire returns to the Ontario Convention Center on October 24th. Get more information about the conference and register… Read more
Biotech Firms Take 75K SF in East Bay
A pair of companies signed leases totaling 75,000 square feet of space at Wareham Development’s EmeryStation West in Emeryville, CA… Read more
Redevelopment and Reinvestment in OC Panel Recap
By Dennis Kaiser Nearly 450 commercial real estate leaders gathered in Irvine on Sept. 25 for Connect Orange County. The event kicked off… Read more
Coworking Continues to be a Major Disruptor within L.A. CRE
Los Angeles is the second largest coworking market in the country. CBRE reports of the 222 million total square feet of… Read more
California Outlaws All-Male Boards
California Gov. Jerry Brown has signed a law that no longer allows companies headquartered in the state to have all-male… Read more
Historic Chicago-Area Adaptive Reuse MXU Sold
Fifth Avenue Station, a mixed-use property consisting of 118 loft-style apartments and 94,422 square feet of commercial space in Naperville,… Read more
Oxnard Retail Center Trades in $95M Neighborhood
Esplanade Shopping Center, a 488,867-square-foot regional shopping center located in Oxnard, CA, has been sold in a deal industry sources… Read more
Westcore Sells March Air Logistics Center to Crow Holdings Industrial
Dallas-based Crow Holdings Industrial acquired the 277,270-square-foot March Air Logistics Center from Westcore Properties. The off-market transaction for the air… Read more
Goldman Sachs Sells Santa Maria Regional Mall
Santa Maria Town Center (SMTC), a 331,804-square-foot regional mall in Santa Maria, CA, has traded hands. The seller was New… Read more
Rare Richmond Spec Logistics Facility Delivers
Goodrick Logistics Center, a speculative development in Richmond, CA, has delivered. The project is one of the only new Class A,… Read more
South Korean Retailer Takes 52K SF in DTLA for HQ, New Concept Market
PK Retail Holdings signed a lease for a new, 51,692-square-foot mixed-use headquarters and retail complex at 7th & Olive in Downtown… Read more
Cushman & Wakefield Report Highlights Tech’s Critical Impact on CRE
Existing and emerging tech centers are increasingly driving the North American economy, and that’s being felt across the commercial real… Read more
UBS Ranks Global Cities for Bubble Risk
UBS Global Wealth Management’s UBS Global Real Estate Bubble Index 2018 indicates bubble risk or a significant overvaluation of housing markets in… Read more