California
New Unemployment Claims Fall to Near 49-Year Low in U.S.
The Labor Department reported that initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 203,000 for the… Read more
CBRE Global Strikes Deal for Signature Ridge Apartments
SPUS8 Signature Ridge LP, a partnership controlled by CBRE Global Investors, acquired the 612-unit Signature Ridge Apartments, one of San… Read more
Harley-Davidson Plans Silicon Valley R&D Center
Milwaukee-based Harley-Davidson, Inc. plans to establish a new research and development facility in Northern California to support its future product portfolio, including… Read more
Global Dealmaker Studzinski Exits Blackstone for Pimco
A dealmaker of international standing, and former Blackstone leader, John Studzinski is bringing his skills to Pimco. The investment management… Read more
Trolley-Friendly San Diego Emerges
A new report from Cushman & Wakefield’s San Diego research team highlights the impact transit options have on commercial office… Read more
Amazon Expands in San Diego, Opens 85K-SF Tech Hub at Alexandria’s Campus Pointe
Amazon is expanding its San Diego Tech Hub, and envisions creating 300 new high tech jobs in fields including software… Read more
Tishman Speyer Selected for Mission Rock MXU Development Assignment
New York-based Tishman Speyer was selected by the San Francisco Giants as its joint venture partner to develop the waterfront Mission… Read more
TruAmerica Expands Footprint with $86M Fountain Valley Buy
Connect Orange County is just around the corner. In case you didn’t know, it is just about the biggest CRE gathering… Read more
CIM Group Completes 34-Story DTLA Tower
Los Angeles-based CIM Group completed construction of 888 at Grand Hope Park, a 34-story, 525-unit apartment tower located at 888… Read more
JLL/NKF Team Secures Montessori Leases Uptown
JLL and NKF have represented Higher Ground Education (HGE) in two new leases totalling more than 27,000 square feet in… Read more
Space Provider CustomSpace Establishes Tri-State Base
CustomSpace has leased 82,200 square feet of industrial space at 7001 Anpesil Dr. in North Bergen, NJ. The expansion represents… Read more
BKM Capital Partners Buys 6-Property Otay Mesa Industrial Portfolio
Newport Beach, CA-based BKM Capital Partners acquired the Otay Mesa Industrial Portfolio, a six-property industrial portfolio in San Diego’s Otay… Read more
JLL Expands Bay Area Retail Presence
JLL deepened its bench of experienced retail brokerage professionals in the Bay Area with the addition of John Schaefer and… Read more
Walnut Creek Investor Makes Initial Move into Sacramento Market
Walnut Creek, CA-based Nearon Enterprises made its first entry into the Sacramento region, acquiring a fully-leased industrial portfolio totaling 517,767… Read more
StarPoint Snags Beverly Hills Building for $193M
Beverly Hills-based StarPoint Properties purchased a 12-story office building in Beverly Hills from its original owner for $193 million. The purchase… Read more
Mark Lamp Joins CBRE to Lead U.S. Healthcare
Connect Healthcare is slated for October 29 and 30 at The Resort at Pelican Hill. Follow this link for more… Read more
Senior Housing Facility Acquired in Portland for $92M
Connect Healthcare is slated for October 29 and 30 at The Resort at Pelican Hill. Follow this link for more… Read more
Queens Apartment Rent Growth Excels “Mega-Hubs”
Even with thousands of new units under development or coming on line, Queens apartment rent gains are hardly slowing down.… Read more
O’Donnell Group Makes Indy Debut with Stout Field Deal
Colliers International has closed the sale of a two-building portfolio in the heart of the Stout Field Industrial Park in… Read more