California
Knotel, 42Floors Join Forces
Flexible office provider Knotel has acquired search engine 42Floors; terms were not disclosed. The deal will give Knotel access to… Read more
Cohn Plans 25K-SF Restaurant, Craft Brewery in La Mesa
Cohn Restaurant Group plans a 25,000-square-foot restaurant, brewery and event venue on a two-acre parcel it acquired for $1.8 million… Read more
Shopoff’s La Quinta MXU Development Approved
Irvine, CA-based Shopoff Realty Investments’ proposed development, The Centre at La Quinta, received unanimous approval by the City of La… Read more
Koll Claims Strategically Located Flex Building Near Irvine Business Complex
Irvine, CA-based The Koll Company acquired a 77,000-square-foot flex building in Tustin, CA, for a reported $12 million. Located at 1361 Valencia,… Read more
TiVo San Jose HQ Sold for $92M
Gold Street Technology Center, a 302,600-square-foot office/R&D campus in north San Jose, has traded hands for $91.5 million. The buyer… Read more
Spec MOB Planned in DTLA
Robhana Group and Inception Property Group plan to develop a speculative 48,000-square-foot medical office building in DTLA. The same partnership… Read more
Workers Exit California Labor Force, Unemployment Remains Near Record Lows
California’s unemployment rate remains at a record low of 4.2% in the latest U.S. Bureau of Labor Statistics jobs report.… Read more
Another California Company Rolls into Hutto
AEND Industries, a manufacturer of performance polyurethane wheels for skateboards, inline skates and wheelchairs, is relocating its headquarters and operations… Read more
$50M Off-Market MF Deal Completed in Las Vegas
San Diego-based Tower 16 Capital Partners, in a joint venture with Henley USA, acquired Foothill Village, a 512-unit multifamily project… Read more
Clear Height Taps Asset Management Director
Gary Rose has joined Clear Height Properties as managing director, asset management & acquisitions. He joins Clear Height from Equity… Read more
Standard Companies Places Bet on North Side Multifamily
Los Angeles-based Standard Companies has placed a bet on continuing momentum in North Side multifamily, buying Lakeview 3200 for an… Read more
Marcus & Millichap Handles East Village Land Sale
Chelsea Investment Corporation acquired 1035 13th St., a 10,754-square-foot development site located in downtown San Diego, from Fix Auto, LLC… Read more
Savi Ranch Retail Zone Assets Trade for $55M
A quartet of parcels in Yorba Linda’s Savi Ranch retail zone have traded hands for a combined $54.5 million. The… Read more
Bow West Capital Revitalizes Historic DTLA Building for Cannabis-Related Companies
Santa Monica-based Bow West Capital is redeveloping “Green Street,” a seven-story building at 718 South Hill St. in DTLA as… Read more
California Office Sales Rebound in Q2
It is not surprising to learn 85% of California’s nearly $5 billion in Q2 sales volume was amassed in Los… Read more
U.S. Crane Title Remains in Emerald City
Seattle retained its crown as the crane capital of America, a distinction it has held for the past three years.… Read more
BOSA Commences Office Redevelopment in Downtown San Diego
BOSA Development is redeveloping a vacant building located at 777 Front St. in San Diego into a new Class A,… Read more
Colliers Negotiates Sale of Riverside Distribution Center
Illinois-based Molto Properties acquired a Class A, 121,390-square-foot distribution center in Riverside, CA from Tarifiq Gorgonio LLC for an undisclosed… Read more
County Approves $330M Dana Point Harbor Redevelopment
Newport Beach, CA-based Dana Point Harbor Partners secured unanimous approval from the Orange County Board of Supervisors of a master… Read more