California
5000 South Hulen Goes to Trademark-ALTO JV
Trademark Property Co. and ALTO Real Estate Funds teamed up to acquire 5000 South Hulen, an 86,943-square-foot, open-air retail center… Read more
Open in Pharr: Avocado Ripening Facility
Index Fresh, an avocado packing and distribution company headquartered in Riverside, CA, recently spearheaded a ribbon-cutting for its new, 60,000-squre-foot… Read more
Sam’s Club Shutting Down 63 Stores Nationwide
Walmart abruptly announced Thursday that 63 Sam’s Club stores would be closed across the nation, a move likely to affect… Read more
RAF Pacifica Picks Up Retail Center in Encinitas
Connect Retail West is set for January 25th at the Hurley Surf Club Pacific City in Huntington Beach, CA. Here’s… Read more
NKF Completes $120M Sale of Irvine’s 2600 Michelson
Los Angeles-based CBRE Global Investors acquired 2600 Michelson, a 16-story, 311,000-square-foot office tower in Irvine, CA from Ocean West Capital… Read more
$110M Financing Arranged for InterContinental San Francisco
Beverly Hills, CA-based Sonnenblick-Eichner Company arranged $110-million in first mortgage financing to refinance the InterContinental San Francisco, a 32-story, 550-room… Read more
$300M MXU Development Planned Near USC, Expo Park
Irvine, CA-based Ventus Group revealed plans for the $300-million The Fig, a 4.4-acre mixed-use development south of DTLA on Figueroa… Read more
Airbnb Continues Robust California Growth
Airbnb hosts in California welcomed 40% more guests last year than in 2016. Los Angeles topped the list with 1.4… Read more
Corey Martin Appointed as Avison Young Managing Director
Corey Martin has been appointed to the position of managing director with Avison Young’s Austin office. In his new role,… Read more
Merritt Industrial Sells 100%-Leased Complex to Buyer
Merritt Industrial Dallas Texas LLC sold a quartet of flex buildings, totaling 58,080 square feet, to an Austin, TX-based 1031… Read more
Tishman Speyer Atlanta Office Tower Trades for Record $268M
Three Alliance Center, a 30-story office tower in Atlanta’s Buckhead submarket, was acquired by the Florida State Board of Administration… Read more
Prologis’ BTS Activity Reaches Highest Level Since 2013
Prologis, Inc. completed 13 build-to-suit development projects in the second half of 2017, totaling more than 4.7 million square feet… Read more
$37M Construction Loan for Boutique Hotel
Oram Hotels secured $36.55 million in construction financing for the renovation and development of The Guild San Diego, a 163-room,… Read more
Rexford Completes $63M Industrial Portfolio Deal
Rexford Industrial Realty, Inc. acquired a four-property industrial portfolio for approximately $62.7 million. The deal includes a pair of 100%… Read more
IEC Acquires Orange County Value-Add MF for $134M
Los Altos, CA-based Interstate Equities Corporation (IEC) acquired Surf at 39, a 400-unit multifamily asset in Huntington Beach, CA for… Read more
Hitachi Vantara Takes 222K-SF at Santa Clara Square
Irvine Company Office Properties signed a 222,500-square-foot lease with Hitachi Vantara at Santa Clara Square, a 1.7-million-square-foot workplace in Santa… Read more
CBRE Report: Video Games Poised for Prime Time
Esports, the term for competitive video gaming, will increasingly impact office and broadcast studio space in the Greater Los Angeles… Read more