California
Wilson Investment Adds 460K SF to Portfolio
Wilson Investment Properties is now the owner of 19 buildings across six industrial parks in Houston. The acquisition was made… Read more
Tracking Record VC Investment in San Diego’s Life Sciences Sector
Life science companies in San Diego received a record-setting amount of venture capital investment in Q2 2018, reaching $427.5 million,… Read more
Fin-West Group Sells Office Building in Ontario, CA
Ontario, CA-based Fin-West Group sold a 60,800-square-foot office building located at 1131 W. 6th Street in Ontario, CA for $8.275 million.… Read more
Avison Young Brokers $16M MF Sale in Costa Mesa
Avison Young brokered the $16.35-million sale of Sundance West Apartment Homes, a 41-unit apartment community in Costa Mesa, CA. The seller was… Read more
Prologis Completes 16 BTS Developments H1 2018, Starts Another 14
San Francisco-based Prologis, Inc. completed 16 build-to-suit development projects in the first half of 2018, totaling nearly 6.3 million square feet with… Read more
Spotify Takes 110K SF in DTLA’s Arts District
Spotify signed a nearly 110,000-square-foot lease at ASB Real Estate Investment’s and Blatteis & Schnur’s At Mateo complex in DTLA’s… Read more
CalPERS Returns 8.6% for Fiscal Year, Underperforms Benchmark
Sacramento-based California Public Employees’ Retirement System’s (CalPERS) reported an underperformance of 6 basis points for its fiscal year, even as the… Read more
Cypress West Claims 50K-SF Phoenix MOB
Rancho Santa Margarita, CA-based Cypress West Partners acquired West 101 Gateway, a Class A medical office building in Phoenix, in… Read more
Alexandria Acquires Pfizer-Occupied Property in Manhattan for $203M
Pasadena, CA-based Alexandria Real Estate Equities, Inc. acquired 219 East 42nd Street in New York for $203 million. The roughly… Read more
Rancho Cucamonga’s Thomas Winery Plaza Sold in Record Deal
Thomas Winery Plaza, a nearly 100,000-square-foot CVS-anchored shopping center in Rancho Cucamonga, CA, has been sold for $24 million. Apartment… Read more
NorthMarq Arranges $252M Financing for SoCal MF Portfolio
NorthMarq Capital arranged $251.5 million in financing for a portfolio of eight apartment communities throughout Orange and Los Angeles counties.… Read more
99 Ranch Market to Anchor Richmond Retail Center
LBG Real Estate Companies, LLC signed a lease with 99 Ranch Market to anchor its recently-acquired The Shops at Hilltop… Read more
Canyon Partners Closes $450M+ Real Estate Debt Fund
Los Angeles-based Canyon Partners, LLC closed a real estate debt vehicle with more than $450 million in total commitments. The… Read more
Repeal of New California Gas Tax Jeopardizes Roads
California road improvement and maintenance projects slated to receive funding through a new gas tax would likely evaporate, should a… Read more
Connect Apartments Transactions Series: Inside the $1-$20M Deals
By Dennis Kaiser Transactions in the $1 million to $20 million range remain the multifamily sectors’ cashflow kings. A group… Read more
CBRE Reports Prime Logistics Rents Accelerate Globally
Prime logistics rents increased globally in the year ending March 31, according to a new report from Los Angeles-based CBRE. Growth accelerated… Read more
Corporate Housing Firm Blueground Makes NYC Debut
Furnished-apartment provider Blueground has made its U.S. debut, with 100 apartments across some of Manhattan’s choicest neighborhoods, and aggressive expansion… Read more
Using GIS Technology to Map Out Expansion Opportunities
One of the latest tech innovators to emerge in commercial real estate is not the developer of a new app… Read more
Mercado del Barrio Welcomes Trio of Tenants
Aliso Viejo, CA-based Shea Properties signed leases with three new tenants at Mercado del Barrio, the mixed-use center located in… Read more