California
Federal Realty Invests $345M in 7 Primestor Shopping Centers
Federal Realty Investment Trust bought interests in seven shopping centers from Los Angeles-based Primestor Development Inc. Situated on 114 urban… Read more
Refi for Amazon’s “Last Mile” Building
The S.Hekemian Group borrowed $15 million to refinance 888 Tennessee St., a 40,000-square-foot industrial building fully-leased to Amazon in the… Read more
California Supreme Court Affirms Novel M&A Tax
By Dennis Kaiser Recently, the California Supreme Court upheld a court ruling that allowed L.A. County to impose a tax… Read more
Construction Underway on $100M Biotech Campus
BioLegend Inc., a biotech firm headquartered in San Diego, has begun construction on a new campus in Miramar, CA. The… Read more
Airbnb’s 287K-SF Zynga Building Lease, San Francisco’s Largest of 2017
Airbnb signed the largest lease so far this year at the Zynga Building in San Francisco. The online vacation rental… Read more
$38M, 250K-SF Echelon Business Park Launches
Dedeaux Properties broke ground on Echelon Business Park, a $38-million, 246,543-square-foot industrial development in the City of Industry, CA. The… Read more
$52M Spec Development Underway in Oceanside
Laguna Beach, CA-based McDonald Property Group broke ground on a $52-million speculative industrial development within the 25-acre Pacific Coast Business… Read more
Power Conversation at Connect OC 2017
Last week, Connect Media wrapped up our third annual Connect Orange County event with a panel of “Power Players.” The… Read more
Jacobs Engineering to Pay $2.8B for CH2M
Jacobs Engineering Group Inc., headquartered in Dallas TX, struck an agreement to acquire Englewood, CO-based CH2M for $2.85 billion. The… Read more
Julie Purnell Joins CBRE from Destination Hotels
CBRE expanded its hotels practice with the addition of Julie Purnell to its San Francisco office. Purnell, who joins from… Read more
HFF Arranges $171M Financing for Westwood’s 13-Asset, 1M-SF Retail Portfolio
HFF arranged $171-million in first lien financing on behalf of Westwood Financial for a portfolio comprising 13 multi-tenant retail centers.… Read more
Connect Apartments Publication Brings Focus to Colorful CRE Sector
Building on the success of its comprehensive Connect Healthcare, Connect Media will start distribution of its second specialty publication this… Read more
SoCal Ranks High Among World’s Most Expensive Logistics Markets
U.S. industrial hubs posted the strongest growth in prime logistics rents for the past year, including the Greater Los Angeles… Read more
Penwood Picks Up Garden Grove Warehouse for $27M
Monarch Industrial, a multi-tenant, 276,585-square-foot warehouse facility located in Garden Grove, CA has traded hands. Hartford, CT-based Penwood Real Estate… Read more
Dermody Buys Semiconductor Facility in Fremont
Reno-based Dermody Properties acquired Fremont Industrial Center, an 81,704-square-foot advanced manufacturing facility in Fremont, CA for $10.25 million. The buyer… Read more
Developer ‘Angling’ Towards a 45-Story DTLA Tower
Los Angeles Historic Core landlord Joseph Hellen is reviving plans for a 45-story tower in DTLA on Spring Street. Downtown… Read more
True North, KBS Acquire PDX Creative Office for $28.5M
San Francisco-based Swift Real Estate Partners divested Sixth at Yamhill, a 109,725-square-foot, creative office building in Portland, OR. KBSRA Sixth… Read more
RedHill, Shelter Acquire 204-Unit MF in Diamond Bar
Early Bird Alert: Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register.… Read more
Connect OC 2017 Panel Recap: Multifamily Leaders Talk Orange County and Beyond
Early Bird Alert: Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register.… Read more