California
OnTrac Renews Distribution Facility Lease in Miramar
OnTrac, a logistics and shipping services company, has renewed its lease for an 84,000-square foot industrial distribution property in San… Read more
Lennar Buys CalAtlantic in $9.3B Deal
Miami-based Lennar Corporation is acquiring Irvine, CA-based CalAtlantic Group, Inc. in a transaction valued at roughly $9.3 billion, including $3.6… Read more
Marc Young Joins Allen Matkins from MoFo
Allen Matkins expanded in Los Angeles with the addition of Marc D. Young as a real estate finance partner in… Read more
CBRE Global Investors Picks Up PHX Logistics Facility
CBRE Global Investors acquired Tempe Logistics Center, a 175,314-square-foot industrial building located in the Southeast Valley submarket of Phoenix, on… Read more
Growing Tides: Ports, Logistics & the Evolution of Space
By Dennis Kaiser Connect Inland Empire brought together more than 300 real estate professionals in Chino for a full afternoon… Read more
High-Rise MXU Proposed in Oakland with ‘Locavore’ Market Hall
Pinnacle RED Group submitted plans for 1261 Harrison, a 36-story, mixed-use building in Oakland with a dual-tower look in a… Read more
Rancho Bernardo Creative Office Trades for $22M
Avison Young brokered the $21.5-million acquisition of a two-story, 68,489-square-foot creative office building located in San Diego’s Rancho Bernardo submarket.… Read more
First Affordable Housing Projects Open in Irvine’s Great Park Neighborhoods
The first affordable housing communities for low-income families in Irvine, CA’s master-planned community of Great Park Neighborhoods are now open.… Read more
Redeveloped Monrovia Landing Opens
Warner Pacific Properties opened a new T.J.Maxx/HomeGoods combo store at the newly redeveloped Monrovia Landing at 735 and 737 E.… Read more
Airbnb Hosts Contribute Nearly $1B to LA County Economy
Airbnb rental units in Los Angeles County generate roughly $906 billion in overall economic output annually, according to a study… Read moreArt by President Trump Sells for $16K
A drawing of the Empire State Building scribbled by President Donald Trump with a black marker has sold at auction… Read more
Pagani Debuts Supercar Showroom in Beverly Hills
By Dennis Kaiser The recent $3.9-million sale of a 3,727-square-foot retail property in Beverly Hills ushers in a new entrant… Read more
Costco Signs-On to Anchor Goodman’s Eastvale Retail Center
Goodman Group secured a retail anchor lease with Costco at Goodman Commerce Center Eastvale, in Eastvale, CA. Costco signed a… Read more
Dublin MF Nabbed for $55M
JB Matteson, Inc. acquired Tralee Village Apartments, a 130-unit luxury apartment community in Dublin, CA from PCCP for $55 million.… Read more
Logistics Firm Lands Rancho Bernardo Final Mile Facility for $60.5M
Annapolis, MD-based Realterm Logistics acquired Bernardo Mesa Technology Center, a 180,946-square-foot warehouse in San Diego, from a joint venture between… Read more
Capital One Refi’s Anaheim MF for $44M
McLean, VA-based Capital One provided a $43.5 million Fannie Mae fixed-rate loan to refinance Amberway Apartments, a 272-unit, garden-style community… Read more
Two Tenants Claim 120K-SF at Valencia Property
The initial phase of the new nine-building 1.3-million square-foot IAC Commerce Center in Valencia, CA is complete. Accurate Freight and Covercraft… Read more
ROIC Acquires Two West Coast Retail Centers for $97M
San Diego-based Retail Opportunity Investment Corporation (ROIC) acquired Fullerton Crossroads in Fullerton, CA and Riverstone Marketplace in Vancouver, WA from… Read more
SoCal Investor Snares Phoenix MF for $24M
Oakridge Apartments, a 282-unit apartment community in Phoenix, was acquired by Newport Beach, CA-based Univest Inc. for $23.97 million. The… Read more