California
Merck Selects Alexandria for 300K-SF BTS Research Campus
Global biopharmaceutical company Merck selected Pasadena-based Alexandria Real Estate Equities, Inc. to develop, construct and operate its new West Coast… Read more
Panera Bread Site Sold for $4.1M
Santa Monica-based Sands Investment Group completed the sale of a Panera Bread bakery and cafe in Murrieta, CA for $4.1… Read more
East Village Redev Site Trades for Record $14.5M
Vancouver, Canada-based Pinnacle International acquired a 30,000-square-foot redevelopment site in San Diego for $14.5 million from a private investor. The… Read more
Bixby Land Continues Core Industrial Expansion
Newport Beach, CA-based Bixby Land Co. acquired a 121,341-square-foot industrial building on a 5.3-acre site in the Platinum Triangle area… Read more
CBRE Names New Bay Area Retail Leader
Matt Kircher, a 27-year retail real estate veteran, is returning to CBRE Group, Inc. to lead its Bay Area retail… Read more
Cover Comes Off (W)rapper Building
The cutting-edge design for developer Frederick and Laurie Samitaur Smith’s planned 17-story office tower in L.A.’s West Adams district was revealed.… Read more
MetroGroup Arranges $30M Loan for Parkway Plaza
MetroGroup Realty Finance of Newport Beach, CA arranged a $29.9 million loan for Parkway Plaza, an 89,388 square-foot office flex… Read more
Casa Grande Site of 500-Acre Auto Manufacturer
Casa Grande, AZ, in Pinal County, will be the new home for Lucid Motors’ electric vehicle manufacturing facility. The site… Read more
Arcadia Townhomes Sells to Florida TIC for $68M
A three-year hold on the Class B Arcadia Townhomes, Phase I ended with its sale to a Florida Tenants-in-Common for… Read more
Colliers’ Martin Pupil Promoted to President, U.S. Brokerage
Real estate veteran Martin Pupil has been promoted to President, U.S. Brokerage, with Colliers International. Pupil steps into his… Read more
Moreno Valley MF Complex Sells for $55M
Phoenix-based Alliance Residential Co. sold Broadstone Lasselle, a 304-unit multifamily community in Moreno Valley, CA to an undisclosed Orange County… Read more
Pre-Leasing Accelerates at Spec Dev
San Diego-based RAF Pacifica Group hit a leasing milestone at el•e•vate, a nearly 160,000-square-foot creative industrial project under development in… Read more
Village at Orange Trades for $85M
Holliday Fenoglio Fowler, L.P. (HFF) closed the $84.5-million sale of a 468,000-square-foot portion of The Village at Orange in Orange,… Read more
Seagate Properties’ Conely Retires
John Conely, a longtime partner at San Rafael, CA-based Seagate Properties, Inc., retired as a principal and officer of the… Read more
3 CRE Q&A: Westside’s Strong Luxury Residential Appeal
By Dennis Kaiser Connect Westside LA is coming up on December 13th. For more information and to register for the… Read more
Cohen Financial Secures Retail Center Loan
Chicago-based Cohen Financial arranged an $8.9-million loan for Town Center Square in Rancho Cucamonga, CA on behalf of an undisclosed… Read more
Westcore Receives $337.5M Commitment from Almanac
San Diego-based Westcore Properties secured up to $337.5-million in additional growth capital from a fund managed by NY-based Almanac Realty… Read more
Landmark South Coast Metro Office Tower Sells
San Diego-based Cypress Office Properties, LLC, along with joint-venture partner Harbert United States Real Estate Fund VI, L.P., acquired 3… Read more