California
California Adopts Solar System Mandate for New Homes, MF’s
The California Energy Commission unanimously approved a new building standard that will require all new homes and low-rise multifamily buildings… Read more
Republic Services Building Sells to West Coast Buyer
A 96,000-square-foot industrial building near downtown San Antonio sold to a San Francisco buyer. The buyer executed the transaction, an… Read more
Multifamily Rent Growth Springs into Gear
Multifamily rents in the U.S. performed strongly in April, rising $4 to $1,377, according to a survey of 121 markets by Yardi Matrix. Rents… Read more
Coreland’s Matt Hammond: Retailer Trends Heading Into ICSC 2018
By Dennis Kaiser As we countdown to this year’s ICSC RECON (May 20-23 in Las Vegas), the commercial industry has… Read more
Retail Center Breaks Ground in Jurupa Valley
Upland, CA-based Moore Real Estate Group broke ground on Shops @ Bellegrave in Jurupa Valley, CA. The 10,000-square-foot center sits… Read more
$157M Financing Arranged for Menlo Gateway Phase II in Menlo Park
Connect Bay Area is just around the corner on May 17th in San Francisco. Here is where to get more… Read more
Bascom Acquires 123-Unit MF in Costa Mesa for $33M
Sunset Cove Apartments, a 123-unit infill apartment community in Costa Mesa, CA, has traded hands. Irvine, CA-based The Bascom Group,… Read more
Cruzan, Cigna JV Claims Beverly Hills Office Asset for $69M
HFF arranged the $69.25-million sale and $51.5-million financing of 9171 Wilshire Drive, a 106,890-square-foot office building in Beverly Hills, CA.… Read more
AEG Proposes $1.2B LA Convention Center Expansion, New DTLA Hotel
Anschutz Entertainment Group (AEG) has proposed a $1.2-billion expansion of the Los Angeles Convention Center and JW Marriott Hotel in… Read more
Retail Veteran Joe Yetter Returns to CBRE from CushWake
Retail veteran Joe Yetter returned to CBRE as a first vice president in San Diego. He is an accomplished retail… Read more
Delmar Nehrenberg Taking Over Kilroy’s LA Region from David Simon
Delmar Nehrenberg, a leading real estate lawyer, deal maker and partner at Allen Matkins, is joining Kilroy Realty Corporation to… Read more
Hines Secures $144M Financing for Irvine Campus
A joint venture between Hines and an unnamed global investment management firm secured $144 million in financing for Intersect, a… Read more
SiriusXM Sets Up Regional HQ, Studios in CIM Hollywood Building
CIM Group signed a long-term 27,000-square-foot lease with SiriusXM at 953 Sycamore in Hollywood. The 67,000-square-foot office building is currently under… Read more
Tourism Pumps Record $22.7 Billion into L.A. Economy
The Los Angeles Tourism & Convention Board reported that Los Angeles County’s record-setting 48.5 million visitors pumped an all-time high… Read more
GTT Communications Takes Space at Stonebridge Plaza
GTT Communications inked a deal with KBS Realty Advisors for 44,508 square feet at Stonebridge Plaza I & II. GTT… Read more
San Francisco Investor Buys Seattle MF for $53M
San Francisco Bay Area-based JB Matteson, Inc. acquired Origin Apartments, a 153-unit multifamily property in Seattle’s Lake City community from… Read more
$1.1B Chula Vista Bayfront Development Approved
Houston-based RIDA Development Corp. received approval from the Port of San Diego and City of Chula Vista to move forward with… Read more
Ice Company Expands into Inland Empire
Avison Young brokered the $3.46-million acquisition of a newly-constructed 24,026-square-foot industrial building in Lake Elsinore, CA. The buyer was an… Read more
Appreciation Rates Staggering in Select San Francisco Neighborhoods
Connect Bay Area is just around the corner on May 17th in San Francisco. Here is where to get more… Read more