California
California Casualty Relocates San Mateo HQ
California Casualty is relocating its long-time Peninsula headquarters to Beacon Capital Partners’ Crossroads II at 1875 S. Grant St. in… Read more
Oceanside MF Trades Hands
Marcus & Millichap completed the sale of a 72-unit multifamily investment property located at 2070 Poplar Road in Oceanside, CA.… Read more
Office Sales Set Records in 2017
Investors are acquiring office buildings and commercial real estate complexes at a record-setting pace at valuations not seen before. JLL… Read more
DreamWorks’ Glendale Campus Bought by South Korean Investors for $290M
DreamWorks Animation’s Headquarters and Studio Campus in Glendale, CA sold for $290 million. The 460,000-square-foot creative office campus was acquired… Read more
California Household Buying Income Requirements Soar
Four California markets are among those requiring the highest salaries to buy a house in the U.S., reports mortgage information… Read more
Cali Buyer Nabs 115-Year-Old Commerce Building
Private equity real estate firm Harris Bay acquired the more-than-century old Commerce Building in downtown San Antonio for $2.8 million.… Read more
REIT Nabs 480-Unit Self Storage near Galveston
Strategic Storage Trust IV Inc. (SST IV), a public, non-traded REIT sponsored by SmartStop Asset Management LLC, is now in… Read more
Fannie & Freddie Announce 2018 Caps, Exclusion Criteria
The Federal Housing Finance Agency (FHFA) announced 2018 multifamily lending caps for Fannie Mae and Freddie Mac (the Government Sponsored… Read more
Shops are Popping Up at Westfield’s Century City, Literally
Gift-giving season is in bloom, and Westfield is ready to offer its shoppers something new. With the mall owner’s recently… Read more
Why Renovations Work in Rent-Controlled MF
By Dennis Kaiser Not too long ago, the standard renovation package for upgrading a unit in a rent-controlled apartment building… Read more
Landec Takes 54K SF at Ontario Facility
Western States Technologies Inc. signed a 10-year lease valued at $6 million with Landec Corp. at 1975 E. Locust St.… Read more
Bayview Breaks Ground on 28-Story, 600-Unit San Jose MF
San Jose-based Bayview Development Group broke ground on Miro, a luxury, high-rise apartment community in San Jose. Located across from… Read more
Carlsbad FedEx Shipping Facility Sells for $24.5M
Berdan Holdings, LLC acquired a single-tenant industrial property in Carlsbad, CA from Leonard Living Trust for $24.5 million. The 109,807-square-foot… Read more
Irvine Co. Initiates 1M-SF Office Campus in Quail Hill
Irvine Company is moving forward on a nine-building office campus totaling more than one-million square feet in Irvine, CA’s Quail… Read more
Tribune, Kearny Divest “The Press” to SteelWave for $65M
Tribune Real Estate Holdings and Los Angeles-based Kearny Real Estate sold The Press, a 24-acre property in Costa Mesa, CA… Read more
National Brands, Creative/Tech Companies Continue to Flow into DTLA
Downtown Los Angeles’ increasing drawing power is reflected in the growing influx of leading brands and corporations from around the city now… Read more
Kennedy Wilson Completes $304M Asset Sales in US, Ireland
Beverly Hills, CA-based Kennedy Wilson completed two asset sales totaling $304 million, which will generate roughly $130 million in profit… Read more
Woodmont Lands Bass Pro Shops at Bakersfield Gateway
Bass Pro Shops plans to open its fifth store in California at Woodmont Company’s Bakersfield Gateway, a planned 800,000-square-foot mixed-use… Read more
JLL Completes Sale, Secures Acquisition Financing for San Leandro Industrial Park
Williams Industrial Park, a 100%-leased, 438,301-square-foot facility in San Leandro, CA, has sold for $53.5 million. A partnership between Lift… Read more