California
Sprouts to Anchor Prosper Retail Center
GBT Realty has secured Sprouts Farmers Market as its anchor tenant at a retail center in Prosper. The 23,000-square-foot natural… Read more
Office Tenants Eye Ownership of the Properties They Occupy
In the office sector, owner-occupier deals are gaining momentum in the U.S. in response to falling property values, tighter capital… Read more
What’s Really Behind High (or Low) Property Tax Rates?
Not all property taxes are created equal, and effective tax rates (i.e., (property taxes as a percentage of market value)… Read more
Colliers Closes First Waterfront Marina del Rey Apartment Trade Since 2019
Colliers arranged the sale of Villa Del Mar, a 198-unit luxury waterfront multifamily community in Marina del Rey. Vice chair… Read more
Walker & Dunlop Secures $91M Loan for Vallejo Apartments
Walker & Dunlop said Thursday it arranged $91.45 million in loan proceeds to refinance Blue Rock Village, a 560-unit, Class-B,… Read more
Private Investor Pays $18M for Brentwood Luxury Multifamily
CBRE arranged the sale of 818 Gretna Green Way, a 27-unit luxury multifamily property located in the Brentwood section of… Read more
Colliers Markets 102-Slip Marina within Sacramento-San Joaquin Delta
Colliers’ Andréa Nelson and Steve Chamberlain are marketing the sale of Hidden Harbor Marina, a 102-slip marina on five acres… Read more
Hines Proposes West Coast’s Tallest Tower for San Francisco
Three years after being rebuffed by city planners, Hines is back with another proposal for a supertall on the site… Read more
Jonathan Rose Pays $83M for Tustin Senior Living
Northmarq’s Los Angeles and Newport Beach investment sales teams, led by Jim Fisher, Vince Norris, Mike Smith and Tommy Yates, arranged the $83-million sale of… Read more
BH Acquires Brick-and-Timber Offices in Downtown Campbell
BH Properties, a vertically integrated real estate investment firm, announced its acquisition of The Cannery, a 104,201-square-foot brick-and-timber office campus located… Read more
Partnership Secures Refi for Class A San Diego Apartments
CBRE has secured a $98-million loan to refinance Radian, a 241-unit Class A multifamily property at 675 Ninth Ave in San… Read more
Fullerton Metrocenter Deal is OC’s Highest-Priced Retail Sale in Eight Years
Space Investment Partners, a Southern California-based private real estate investment, development, and management company, acquired a 395,703-square-foot community retail center located at 1375… Read more
Gantry Arranges Refi on Milpitas R&D Facility
Gantry has secured a $7-million permanent loan to refinance a Silicon Valley R&D industrial facility located at 1635 McCarthy Blvd.… Read more
Alexandria Secures Largest Life Science Lease in Company History
Alexandria Real Estate Equities, Inc. said Monday it has executed a 16-year lease with a longtime multinational pharmaceutical tenant for… Read more
Steel Peak Flips IOS Site at 50% Premium on Purchase Price
Steel Peak, an investment firm focused on industrial outdoor storage (IOS) properties, has sold a 12,000-square-foot IOS property located on… Read more
BXP Adds Eight Retailers at Embarcadero Center
BXP has secured eight new retail leases at Embarcadero Center, a 3.3-million-square-foot mixed-use complex in San Francisco. The leases span… Read more
Multi-Phase Revamp of Genentech Campus Could Cost $5B
Biotechnology pioneer Genentech Inc. plans to reshape its sprawling South San Francisco campus with a multi-phase project that could cost upwards… Read more