California
Caruso’s Montecito Resort to be Priciest on California Coast
April 5, 2017 The five-star Rosewood Miramar Beach Montecito is under construction near Santa Barbara, CA. Rick Caruso, who is… Read more
Hotel Indigo Debuts in DTLA
April 5, 2017 Greenland USA and InterContinental Hotels Group opened the 350-room Hotel Indigo at Metropolis in DTLA. Public officials… Read more
Brookfield Acquires Industrial Office Portfolio for $854M
April 5, 2017 Toronto-based Brookfield acquired a 45-asset portfolio totaling 8.6 million square feet from Boston-based TA Realty LLC for… Read more
Starwood Sells Leasehold in Westin Maui for $317M
April 5, 2017 A JV between funds managed by Honolulu, HI-based Trinity Investments, LLC and funds managed by Los Angeles-based… Read more
Tishman Speyer’s Rincon Hill Condo Project Nears 80% Sold Mark
New York-based Tishman Speyer’s Lumina residences in San Francisco closed the first quarter with strong sales momentum. The luxury high-rise… Read more
American Assets Buying MF for $232M
San Diego-based American Assets Trust Inc. is acquiring Pacific Ridge Apartments in San Diego from Carmel Partners for $232 million.… Read more
Ontario Airport Considers Uses for 147 Acres
Ontario International Airport has 147 acres of land to the east that commissioners are determining what to do with. Options… Read more
Trammell Crow, Greenland NoHo TOD Takes Shape
The development vision for Trammell Crow Company’s and Greenland USA’s transit-oriented project in North Hollywood is coming into clearer focus.… Read more
Alliances Forged by Ports to Retain Coveted Trade Map Spots
Seaports are seeking to solidify their position within the global shipping ecosystem by forming alliances. The collaboration among ports follows… Read more
Restaurant Anchors Selected for San Francisco’s Chase Center
Five new Bay Area restaurants were selected to anchor the Golden State Warriors $1-billion Chase Center arena when it opens… Read more
Asian Investment in US Trophy Office Assets Quadruples
Asian investments in top-tier office properties continued at a torrid pace in 2016. CommercialCafe.com’s most recent research revealed that last… Read more
Developers Moving Forward On $300M MXU
Regent Properties received approval to redevelop the 84-acre former Texas Instruments campus at U.S. 75 and Legacy Drive in Plano, TX.… Read more
Mesa Elliot Technology Park Expands to 270 Acres with Land Buy
Sunbelt Investment Holdings Inc., based in San Diego, CA, acquired 67.5 acres near the corner of Ellsworth and Elliot Roads… Read more
Gensler Opens New San Diego Office
Gensler is opening a new creative workplace at 225 Broadway in Downtown San Diego this month. The architecture firm is… Read more
Rockefeller Plans $110M, 1.5M-SF Distribution Center
New York-based Rockefeller Group plans to develop Optimus Logistics Center, a 1.45-million-square-foot industrial project in Perris, CA for $110 million.… Read more
Hines Proposes Brea Place MXU
Houston-based Hines is planning to expand Brea Place in Brea, CA with a seven-acre mixed-use development. The proposed project includes… Read more
Is A Millennial Mass Exodus Building in Bay Area?
A growing number of people are considering leaving the Bay Area, compared to a year ago. The percentage of residents… Read more
States Seek to Level Online Sales Tax Imbalance
States are turning their attention to collecting more e-commerce sales taxes. The effort to capture more revenue from online sales… Read more
The Week in Photos
We’ve been around the nation this week. Check out what’s been going on in the world of CRE with The… Read more