California
Amazon Ships One Billion Holiday Packages
Amazon completed more than one billion shipments during the 2016 holiday season. The Inland Empire played a significant role in… Read more
CIM Group Acquires SF Asset for $123M
Los Angeles-based CIM Group acquired 55 Hawthorne, a 143,000-square-foot office building in San Francisco for $123 million. The asset was… Read more
Honey Finds ‘Sweet’ Space in DTLA
Honey Inc. signed a 23,305-square-foot creative office space lease at 990 West 8th Street in DTLA. The consumer software company… Read more
CRE Leader Appointed Chairman of SF Fed
Bay Area CRE leader Alexander R. Mehran, Sr. was designated chairman of the Federal Reserve Bank of San Francisco’s board… Read more
How Will Trump Change NYC Real Estate?
The biggest shock to New York City real estate from the election of Donald Trump as U.S. President may already… Read more
Say Buh-Bye to Luxury Apartment Boom
For seven years, most metropolitan areas experienced an apartment boom characterized by increasing rents and a lot of deliveries. Demand… Read more
MG Pays $51M for Scottsdale MF
MG Properties, headquartered in San Diego, struck a $51 million deal with Rockwood Capital and Alliance Residential Co. to acquire… Read more
Private Family Trust Acquires Kearny Mesa Office Complex
New York-based Gramercy Property Trust sold a 132,695-square-foot flex/office corporate campus in Kearny Mesa, CA to an unnamed private family… Read more
Upscale Townhome Dev Preserves Riverside Pocket Neighborhood
San Diego-based CityMark LLC is set to acquire a 0.64-acre site in Downtown Riverside in an area undergoing revitalization. Development… Read more
Sharper Image Acquired for $100M
Irvine, CA-based ThreeSixty Group acquired New York-based Sharper Image from Iconix Brand Group for $100 million. The company, which has… Read more
East Coast Pension Completes SV Deal, First Direct CRE Investment
The Massachusetts Pension Reserves Investment Management (PRIM) Board and the Santa Clara Redevelopment Authority closed on the acquisition of 21… Read more
Fandango Nearly Doubles HQ in Beverly Hills Relocation
Fandango signed a 97,150-square-foot lease at Tishman Speyer’s 407 Maple in Beverly Hills, and plans to relocate its HQ there… Read more
Olympia Towers Key Bridge Between DTLA Financial District
Chinese developer City Century revealed plans for Olympia, a trio of high-rise residential towers in DTLA near L.A. Live that… Read more
208-Unit Universal City Apartment Sells to Cali Buyer
Lowe Enterprises Investors (LEI), in joint venture with an investment client, acquired the 208-unit Sunrise Canyon apartments in the northeastern… Read more
Gelt’s Wasserman: Millennials Moving the Needle
By Dennis Kaiser Los Angeles-based Gelt Inc. continues to expand its team of Millennial multifamily investment and management pros. The… Read more
Santee MF Trades for $56.6M
Parc One @Santee, a 172-unit multifamily property in Santee, CA was sold for $56.6 million. The buyer was San Diego-based… Read more
Logistics Plus Takes Full Building in Ontario
Logistics Plus Inc. leased 272,448 square feet at Hager Pacific Properties’ Jurupa Industrial Center in Ontario, CA. The provider of… Read more
Anaheim Flex/R&D Building Set for Church Conversion
Crosspointe Church signed a 10-year lease for 44,913 square feet at Anaheim Corporate Center in Anaheim, CA. The transaction is… Read more
