California
Reserve at Chino Hills Re-Opens Following $10M Reno
Los Angeles-based Decron Properties Corp. re-opened the Reserve at Chino Hills, following the investment company’s $10 million renovation of the… Read more
Hunt Expands Seniors, Healthcare Group, Burton Gray Joins to Lead
Hunt Mortgage Group expanded its seniors housing and healthcare lending platform, with the addition of a dedicated unit focused on… Read more
$86M Marriott Modular Development Proceeds in SoCal
Midway, UT-based Mogul Capital’s 354-room Marriott TownePlace Suites in Hawthorne, CA is moving rapidly towards a completion date later this… Read more
California Adds 35,500 Jobs, Unemployment Drops to Record-low 4.4%
California’s strengthening job market exhibited more robust growth than was expected in January. The state added 35,500 jobs and the… Read more
Facebook Plans $750M Data Center Near Atlanta
Menlo Park, CA-based Facebook revealed plans for a $750-million data center near Atlanta. The investment, which is being driven by… Read more
Chicago’s MBRE Healthcare Buys Rancho Bernardo MOB
Chicago-based MBRE Healthcare acquired Excel Centre, an 83,213-square-foot medical office building in San Diego’s Rancho Bernardo community for $37.1 million. The… Read more
Rosenthal Property Portfolio in DTLA Sells for $15.5M
Connect Los Angeles is planned March 27th at the Hotel Indigo in DTLA. Here is where to get more information… Read more
Guthrie Renovates, Divests Fullerton Industrial Asset
Newport Beach, CA-based Guthrie Development divested 4200 Bonita in Fullerton, CA, a 67,950-square-foot free-standing, single-tenant industrial building for $12.6 million.… Read more
LAEDC’s Dr. Steven Banks: What’s Driving LA’s Economy?
By Dennis Kaiser The Los Angeles Economic Development Corporation (LAEDC) recently appointed veteran economist Dr. Steven Banks as its new… Read more
TruAmerica Takes Down Metro Orlando MF for $50M
Los Angeles-based TruAmerica Multifamily expanded its rapidly growing Florida apartment portfolio with the off-market acquisition of the 368-unit Astor Park in… Read more
PayPal’s Scottsdale Mission Critical Facility Sold for $31M
Denver-based Buchtel Realty Investors acquired 90 Mountain View Phase II in Scottsdale, AZ from Los Angeles-based Regent Properties for $30.5… Read more
KBS Finds Minneapolis’ “Smile Building” Appealing
Newport Beach, CA-based KBS Strategic Opportunity REIT acquired Marquette Plaza, a Class A office tower in Minneapolis from FRM Associates… Read more
Demand Outruns Supply in West Coast Industrial
With e-commerce expanding into uncharted territory, the industrial sector is beginning to look cycle-proof as it reaps the benefits of… Read more
New Technology Promises Speedier Imports Through U.S. Port Supply Chain
A new port tracking system is envisioned to help solve a problem that plagues supply chains: knowing where shipments are… Read more
Campus Advantage Picks Up Pair of California Assignments
Austin, TX-based Campus Advantage added two California properties to its student housing portfolio. The assets include College Square and University… Read more
Presenting Connect Media’s 2018 Top Broker Award Winners
Connect Media presents the winners of our 2018 Top Broker Awards. Based on more than 500 nominations received, we recognized… Read more
1.4M-SF Office Campus Development Set to Begin in Chula Vista
San-Diego-based Chesnut Properties plans to commence construction on Millenia Office, a three-project campus, consisting of a 1.4 million-square-foot development in… Read more
Hotel Paseo Debuts in Palm Desert
West River Inc.’s Robert Leach is gearing up to open Hotel Paseo in Palm Desert, CA next week. The three-story, 150-room… Read more
Matt Wersel Leaves CBRE for Mohr Partners
Dallas-based Mohr Partners expanded its leadership team in San Francisco with the addition of Matt Wersel. The 14-year CBRE veteran… Read more