California
Multi-Tenant Office Building Sold in Brea
Avison Young completed the $8.675-million sale of a 43,800-square-foot multi-tenant office building in Brea, CA. The 1031 exchange buyer was Miller… Read more
Trammell Crow, Clarion Go North on Santa Clarita Biz Park
Trammell Crow Company (TCC) and Clarion Partners, LLC commenced vertical construction on Phase 1 of The Center at Needham Ranch in… Read more
$3-Billion Market Park San Jose Lands Anchor Tenant
The $3-billion Market Park San Jose transit-oriented development in North San Jose has landed Safeway as a retail anchor. The… Read more
Hudson Pacific Sells San Mateo Office Campus for $210M
Los Angeles-based Hudson Pacific Properties, Inc. divested the remaining six buildings of Peninsula Office Park in San Mateo, CA for… Read more
Where are Opportunities in Retail Today?
By Dennis Kaiser The recent rally in net operating income (NOI) growth reflects stable property fundamentals and improving financial metrics… Read more
Baja California Developer Christens Latest Project
Atisa Industrial opened Diamante, a 220,000-square-foot Class A industrial workspace located in the heart of Pacifico Industrial Park, just 20… Read more
Trio of Hotels Planned in Coachella Valley
Three hotels are planned to be built in two Coachella Valley cities. Desert Hospitality Group’s plans were approved for a… Read more
Hotel Construction Rises to Blistering Pace
Despite rising construction costs, California hotel development continues at a blistering pace. The latest research by Irvine, CA-based Atlas Hospitality… Read more
Ben Symons Joins Lendlease LA Team
Lendlease expanded its SoCal team with the appointment of Ben Symons (pictured) as General Manager of its construction business in Los Angeles.… Read more
Jerry Lynch Joins ING to Lead West Coast Push
New York-based ING Capital LLC expanded its Real Estate Finance team to the West Coast with the addition of Jerry N.… Read more
Adobe Grows Union Square Footprint by More Than Half
Adobe, best known for software such as Photoshop and Illustrator, is expanding its presence at Clarion Partners’ 100-104 Fifth Ave.… Read more
NextLevel Internet Connects with New Digs in Rancho Bernardo
NextLevel Internet, Inc. signed a new lease to relocate and expand its offices in north San Diego’s Rancho Bernardo community.… Read more
Golden State Foods Division Opens Fontana Facility for Starbucks Bananas
Golden State Foods’ Quality Custom Distribution division opened a new 183,000-square-foot warehouse in Fontana, CA that is dedicated to supplying… Read more
Jay Quinn Joins Faris Lee’s Capital Markets Team
Irvine, CA-based Faris Lee Investments expanded its capital markets business nationally with the appointment of Jay Quinn as Senior Managing Director,… Read more
KKR Claims Oakland Tower from TMG for $170M+
New York-based KKR is acquiring 1330 Broadway in Downtown Oakland from TMG Partners for reportedly north of $170 million. TMG,… Read more
Dedeaux Divests 7-Building Echelon Business Park in Industry for $50M
Los Angeles-based Dedeaux Properties and its joint venture partner sold all seven industrial buildings at the recently-completed 246,543-square-foot Echelon Business… Read more
Austin Sixth in Tech Talent
Austin moved up to No. 6 on CBRE’s annual Tech Talent Scorecard, effectively outranking Raleigh-Durham and Atlanta (last year in… Read more
Hoover Dam’s “Once in a Century Moment” for Energy Storage
Hoover Dam, generally regarded as one of the last century’s engineering marvels, was built to provide hydroelectric power. Now the… Read more
$149M Refi for UTC’s Genesis Campus Point
San Diego-based Phase 3 Real Estate Partners, Inc. secured $149 million in refinancing for Genesis Campus Point, a three-building, state-of-the-art… Read more