California
City National to Anchor Two Cal in $155M Deal
Los Angeles-headquartered City National Bank is taking up to 300,000 square feet at CIM Group’s Two Cal Plaza, in one… Read more
New Solar Panels for Cost Plus Plaza
A popular shopping center in Larkspur, CA is set to earn an extra $50,000 per year, thanks to a new… Read more
Renewed Investor Confidence Emerges for 2017
By Dennis Kaiser Los Angeles’ Westside is a hot bed of CRE activity, as companies locate operations in markets stretching… Read more
Laurus Completes $12M Carmel Highlands Hotel Reno
Los Angeles-based Laurus Corporation completed a $12-million renovation of Hotel Karlan San Diego, a DoubleTree by Hilton, located in the… Read more
1.8B-SF San Gorgonio Crossing Industrial Dev Proposed
The draft Environmental Impact Report (EIR) is under review for San Gorgonio Crossing, a proposed 1.8-million-square-foot industrial development in Beaumont,… Read more
WNC Closes $120M Affordable Housing Fund
Irvine, CA-based WNC closed WNC California Preservation Equity Fund, its first institutional fund exclusively dedicated to preserving affordable housing communities… Read more
Hudson Pacific Expands Palo Alto Presence with $150M Leasehold
Los Angeles-based Hudson Pacific Properties, Inc. completed a $150-million leasehold interest transaction involving a five-asset office campus in Silicon Valley.… Read more
Trophy Art Deco MXU Trades for $33M
West L.A-based Palisades Capital Partners acquired a trophy mixed-use asset in downtown Santa Monica from Los Angeles-based PacShore Partners and… Read more
Cobblegate at Quarry Bend Buy Assisted with $69M Loan
Mesa West Capital originated a $69.1 million loan, that assisted a ColRich Multifamily-led joint venture in the acquisition of Cobblegate… Read more
Ramona’s Boulder Ridge Villas Sold to Investment Group
San Diego-based Block Builders Investment Group acquired Boulder Ridge Villas, a multifamily asset in Ramona, CA from San Diego-based Boulder… Read more
Century 21 Peak Expands SoCal Footprint in IE
Century 21 Peak acquired the assets of Weichert Realtors 24/7 in Upland, CA. The move is part of a five-year… Read more
HFF Arranges $55.6M Sale, $39M Loan for Brea Office Portfolio
Holliday Fenoglio Fowler, L.P. (HFF) closed the $55.6-million sale of Brea Corporate Plaza and Brea Park Centre, as well as… Read more
SIOR Awards Top NorCal Deals of 2016
The Northern California chapter of Society of Industrial and Office Realtors (SIOR) awarded its top deals for 2016. The SIOR… Read more
Greenberg Gross Expands into DTLA
Greenberg Gross LLP leased the 30th floor of Brookfield’s 52-story Figueroa at Wilshire tower in DTLA, and plans to open… Read more
SRS Expands OC Investment, Net Lease Group
Dallas-based SRS Real Estate Partners (SRS) added two professionals to its growing investment property and net lease group in Newport… Read more
Bibeau-Saunders Team Joins CBRE
CBRE Group, Inc. expanded its Inland Empire footprint with the addition of a team of office leasing and sales brokers… Read more
Oceanwide Center Rising in SoMa’s Transbay District
Ground has been broken on Oceanwide Center, San Francisco’s second tallest tower. A ceremonial event was held at the corner… Read more
Jamison Plans 3700 Wilshire, 36-Story MXU
Los Angeles-based Jamison Services plans to develop 3700 Wilshire, a 36-story mixed-use tower complex on a 3.2-acre site adjoining Wilshire… Read more
3 CRE Q&A: Faris Lee Expands Footprint
By Dennis Kaiser Irvine, CA-based Faris Lee expanded into Los Angeles under the leadership of leading broker Patrick Toomey, who… Read more