California
Jeff Puffer Takes Reins at Delphi
Delphi Business Properties, Inc., a North Los Angeles commercial real estate services firm, is under new ownership. Jeff Puffer, SIOR,… Read more
What’s Fueling 2018 Data Center Demand?
Los Angeles-based CBRE’s 2018 U.S. Real Estate Market Outlook show that despite record-setting wholesale absorption levels for three consecutive years, strong… Read more
Invesco Closes $252M in California, Texas, DC Loans
Invesco Real Estate recently participated in $252 million of total financings, originating and closing five loans as part of its rapidly expanding… Read more
Top Cities With Positive Growth Opportunities
According to recent information from Goldman Sachs, the prediction is that global growth will reach 4% in 2018. With unemployment… Read more
Bill Rose Returns to Brokerage Roots at Marcus & Millichap’s IPA
Veteran retail investment leader Bill Rose is returning to his roots in retail brokerage, taking on a new role as… Read more
Record-Breaking Sale for Indio Senior Community
The Mogharebi Group (TMG) completed the sale of Parkwood Apartments at Polo Grounds, a 125-unit community that is located on Avenue 48… Read more
Kilroy Acquires S. San Francisco Lab, Office Project for $111M
Kilroy Realty Corporation acquired Oyster Point Tech Center, a 146,000-square-foot laboratory and office project in South San Francisco for roughly $111… Read more
Lincoln Kicks Off Redev of Old GTE Campus in Los Al
Lincoln Property Company commenced construction on an overhaul of Katella Office Campus, a 150,000-square-foot office property in Los Alamitos, CA.… Read more
ACCO Picks Up Pasadena Building for $112M
ACCO Engineered Systems reportedly acquired the former headquarters building of OneWest Bank in Pasadena from JP Morgan & Chase for… Read more
California Housing Approvals Fall Behind, Fast-Track Development Law Kicks-In
Nearly all California cities and counties (97.6%) are failing to approve enough housing development projects to keep pace with population… Read more
Kennedy Wilson Snags Salt Lake City MF’s for $93M
Beverly Hills, CA-based Kennedy Wilson acquired a pair of multifamily properties in Salt Lake City for a combined off-market deal… Read more
CIM Group Affiliate Acquires Cole Capital from VEREIT
An affiliate of Los Angeles-based CIM Group acquired Cole Capital from Phoenix-based VEREIT, Inc. In connection with the transaction, VEREIT… Read more
Toys ‘R’ Us Store Closings Create $500M CMBS Risk
Toys ‘R’ Us’ plan to close up to 182 stores puts 20 Commercial Mortgage-Backed Securities (CMBS) loans with a collective… Read more
Titleist, FootJoy Golf Brands Recommit to Hines’ Carlsbad Asset
Acushnet Company renewed its 10-year, 161,310-square-foot lease at 2819 Loker Ave. East, a Class A industrial building in Carlsbad, CA.… Read more
Ontario’s One Lakeshore Centre Goes for $37M
MGR Real Estate acquired One Lakeshore Centre in Ontario, CA for $36.9 million. The Class A office campus near the… Read more
Renovations Complete at Anaheim Affordable Seniors Housing Facility
Irvine, CA-based WNC, in partnership with subsidiary Community Preservation Partners, and non-profit Jamboree Housing Corporation, completed the $6.56-million renovation of… Read more
Revised Plans Submitted for 61-Story Transbay Parcel F
F4 Transbay Partners LLC, a joint venture of Hines, Urban Pacific Development, LLC and Goldman Sachs affiliate, Broad Street Principal… Read more
Investment Trends: What’s Driving Retail Deals Today?
By Dennis Kaiser Connect Retail West brought together more than 300 commercial real estate leaders for an information-packed conference at… Read more
Iconic PHX Office Tower Trades for $81M
BMO Tower at Central Arts Plaza, a 24-story, 485,687-square-foot office building in Phoenix, has sold for $80.7 million. A joint… Read more