California
Coastal Commission Asserts Right to Vote on Waterfront Restaurant
The California Coastal Commission voted 9-1 to allow the body to weigh in on restaurant uses, though an unusual process… Read more
Why Steadfast’s B Strategy is Plan A
By Dennis Kaiser Irvine, CA-based Steadfast Companies is one of the country’s most prolific apartment investors. In 2016 alone, the… Read more
Faris Lee Completes $4.9M Rite Aid Sale
Connect Retail West is coming up Thursday, March 16, 2017. Here’s where to register for The Future of Retail. Faris Lee Investments completed… Read more
Mike Sanford Tapped to Lead Chinese Mega Developer
Singapore-based urban developer CFLD International entered the U.S. by naming Mike Sanford as CEO of CFLD (US) Inc., its U.S.… Read more
International Insurance Group Relocates to 801 Tower
Tokio Marine HCC signed a roughly 32,000-square-foot lease at 810 Tower in Downtown Los Angeles. The international specialty insurance group… Read more
Blue Shield Heads to Oakland
Blue Shield signed a 200,000-square-foot headquarters deal to relocate to Shorenstein Properties’ and MetLife Inc.’s 600,000-square-foot 601 City Center in… Read more
Nassau and Suffolk Counties Report 4%-Plus Rent Growth
Rents are growing again for apartments on average across the U.S. — thanks to significant rent hikes in a handful… Read more
Prologis Makes BTS Bed with Mattress Firm
Prologis is moving forward on a 664,000-square-foot build-to-suit for mattress and bed manufacturer Zinus Inc. at International Park of Commerce… Read more
Delegation Makes “Compelling Business Case” for Asian Expansion
A recent trip to Asia by a delegation that included Ontario International Airport’s Kelly Fredericks and San Bernardino County Supervisor… Read more
Iconic Coronado Island Destination Acquired
Coronado, CA-based Kleege Enterprises acquired Coronado Island Assemblage, an entire city block on Orange Avenue, for $22 million. The nine… Read more
Kitchen Showroom Baked into Office Lobby
High-end kitchen and residential cabinetry designer Leicht USA plans to open a 4,000-square-foot showroom in Park Tower in Costa Mesa,… Read more
Uber Self-Driving Cars Returning to the Streets
Ride-hailing company Uber Technologies Inc. plans to bring back its self-driving cars to California, after ending a squabble with the… Read more
Rite Aid Trades at Record Cap Rate
Connect Retail West takes place Thursday, March 16. Learn more here! Hanley Investment Group Real Estate Advisors sold a new… Read more
Sares-Regis Begins Conejo Spectrum Development
Construction is underway on Irvine, CA-based Sares-Regis Group’s (SRG) next phase of Conejo Spectrum, encompassing nine industrial buildings totaling 507,878… Read more
Q&A: Newmark’s Michael Heagerty and the Wall of CMBS Maturities
By Dennis Kaiser San Francisco-based Newmark just completed a $15-million, cash-out refinance of the Embarcadero Center in Oakland, CA. The… Read more
Tower Under Contract to Furby Creator for $75M
Randy Rissman, whose Tiger Electronics churned out Giga Pets and Furby plush toys in the 1990s, is under contract to… Read more
Q&A: Scott Trafford and the Retail Trajectory
By Dennis Kaiser Connect Media will sit down with the industry leaders on March 16 at Connect Retail West for a… Read more