California
Westlake Village Investor Picks Up Retail Center for $57M
Murrieta Town Center, a 334,939-square-foot, value-add community shopping center in Murrieta, CA has sold for $56.6 million. The buyer was… Read more
Kilroy Plans New Downtown Office Building
Los Angeles-based Kilroy Realty acquired a full city block at 2100-2174 Kettner Blvd. and 946 W Hawthorn St. in Downtown… Read more
Ken Morrison Promoted to COO at SmartStop
Ladera Ranch, CA-Based SmartStop Asset Management promoted Ken Morrison to chief operations officer, self storage. Morrison, who joined SmartStop in… Read more
LA Approves 20,000 Housing Units in 2017
Los Angeles’ planning department approved 19,856 new residential units so far this year. That includes nearly 7,400 homes, apartments and… Read more
REIT Sells 404-Key Hotel for $104M
Ashford Hospitality Prime Inc. ended its 10-year hold on the 404-room Marriott Plano Legacy Town Center hotel in Plano, TX,… Read more
Duke Acquires Pair of SoCal Industrial Facilities
Two industrial buildings totaling 873,870 square feet in the SoCal communities of Fontana and City of Industry sold for an… Read more
AMC to Anchor Sares Regis’, Hunter Storm’s CityLine Sunnyvale
CityLine Sunnyvale signed a 52,000-square-foot lease with AMC Theaters for a multi-screen theater in the heart of downtown Sunnyvale, CA.… Read more
Canadian Investor Buys Mission Valley Portfolio
Vancouver, Canada-based City Office REIT received $47 million in acquisition financing for Mission City Corporate Center, a four-building office portfolio… Read more
Office Market Remains Strong 3Q
The third quarter 2017 commercial real estate office market reports for Orange County reveal the market remains strong, as prices… Read more
DTLA’s Grand Central Market Sold
Grand Central Square, a package of DTLA properties totaling 400,000 square feet of space that includes the iconic Grand Central Market, historic… Read more
Osbrink Joins NKF Capital Markets Team in Phoenix
NKF expanded its commercial real estate capital markets team with the addition of CJ Osbrink as executive managing director in… Read more
Cushman & Wakefield Promotes 5 Key Leaders
Cushman & Wakefield announced five promotions and appointments to key Americas management positions to elevate top talent and more closely… Read more
Moreno Valley Welcomes Solaris Paper
Solaris Paper, Inc., a U.S.-based manufacturer of premium quality kitchen, bath, and facial tissue, selected an industrial facility in Moreno… Read more
Peter Weltchek Joins TMG’s Executive Team
TMG Partners hired commercial real estate industry veteran Peter Weltchek as Managing Director of Capital Markets. He will join Matt… Read more
North County Conservancy Receives 76 Acres
Cardiff, CA-based Lawson Family Trust completed the combination donation and sale of 76 acres of land to the San Elijo… Read more
CalPERS Allocation to Canyon Partners Hits $1B
The California Public Employees’ Retirement System (CalPERS) expanded its existing relationship with Canyon Partners Real Estate. The public pension allocated… Read more
Denver Apartment Community Sold for $45M
San Diego-based ColRich Multifamily acquired The Park at Canyon Ridge, a 272-unit, garden-style apartment community in Denver, from San Francisco-based… Read more
Multifamily Development: Showing Off New and Interesting Trends
Multifamily developments continue to be in high demand across the United States, due to current economic conditions and shifting demographics.… Read more
Capital One Arranges Refi of UCR Student Housing MF
Capital One provided a $16.9 million Fannie Mae fixed-rate loan to refinance International Village, a 92-unit, 341-bed student housing apartment… Read more