California
Ross Stores Takes More Than 1M SF at Wonderful Industrial Park in Shafter
Wonderful Real Estate signed a lease with Ross Stores, Inc. for 1,003,071 square feet of industrial space at Wonderful Industrial… Read more
Dermody Buys 14 Acres for First Solano County Logistics Facility
Dermody Properties acquired 14 acres on Icon Way in Vacaville, CA, with plans to develop LogistiCenter at Vacaville. The facility will feature… Read more
Ocean West, Westbrook Divest Westwood Asset to Goldman Sachs for $93M
Los Angeles-based Ocean West Capital Partners and New York-based Westbrook Partners divested 1640 Sepulveda to a Goldman Sachs Group Inc.… Read more
New Supply, Strong Economy Boost U.S. Hotel Forecast for 2019
New hotel rooms coming onto the U.S. market are not expected to be a concern for established hotel operators because… Read more
California Aims for 100% Renewable Energy By 2045
California’s quest to be a global leader in addressing climate change was enhanced by a new bill approved this week… Read more
Block D Debuts in Downtown San Diego
Makers Quarter opened Block D, a roughly 60,000 square-foot, six-story work hub with street level retail and restaurant suites, in… Read more
Liberty Property Trust Buys, Leases-Up Rialto Facility
Liberty Property Trust expanded its SoCal footprint with the acquisition of I-120 Logistics VI in Rialto, CA. CTDI has leased… Read more
Jamestown Claims Historic San Francisco MXU
Atlanta-headquartered Jamestown, L.P. acquired 660 Market Street, a five-story creative office and retail property on Market Street in San Francisco… Read more
California Edges Out Massachusetts as Top Spot for Biotech R&D Jobs
California claimed the top spot for biotech R&D jobs, a title held by Massachusetts for more than a decade. According… Read more
KBS Signs 60K SF+ at NJ Office Complex
Newport Beach, CA-based KBS has signed more than 60,000 square feet of leases at Woodbridge Corporate Plaza, a six-building, Class… Read more
Perkins+Will Picks Sheldon to Lead Corporate and Commercial Practice
Perkins+Will appointed David Sheldon to lead its Los Angeles practice focused on mixed-use, corporate, and commercial architecture. He brings more… Read more
State Facing “Apocalyptic Threat” from Climate Change
Wildfires. Heatwaves. Mudslides. Water shortages. They’ll soon be the new normal if nothing is done to stop climate change, according… Read more
Purchase of National City Affordable Housing Moves Ahead
Two non-profit affordable housing developers are preparing to move ahead with the purchase of the Kimball and Morgan towers in… Read more
Riverside Food Lab Finally Opens Sept. 1
The long-delayed Riverside Food Lab will finally join the food hall explosion Saturday, Sept. 1, just in time for Labor… Read more
Treasury Yield Spreads Flatten, But No Downturn Yet
Although the difference in yields between shorter-dated and longer-dated Treasury bonds has grown narrower this year, theoretically portending a recession,… Read more
Age-Restricted San Marcos Community Trades for $30M
Grandon Village, a 161-unit, age-restricted apartment property in San Marcos, CA, traded for $30.2 million to 1996 Maple Ave. LP.… Read more
StarPoint Properties Gets $122M for Two MF Properties
StarPoint Properties sold two apartment properties for nearly $122.3 million. A 259-unit property located at 624 S. Glendora Ave. in… Read more
Video Game Developer Takes 145K SF in SoMa
Unity Technologies ApS, a well-known video game developer, leased 145,000 square feet at 657-667 Mission St.in SoMa, according to sources… Read more
Kids Empire Pushes into Texas, Takes Space in DFW
Indoor playground provider Kids Empire entered Texas with its 15,000-square-foot lease at Towne Crossing Shopping Center in Mesquite, TX. The… Read more