California
Woodmont Co. Opens First CA Office
Fort Worth, TX-based The Woodmont Company expanded into Southern California with the opening of an office in Newport Beach, CA.… Read more
Santa Monica Creative Campus Acquired for $400M
New York-based Brightstone Capital Partners and Los Angeles-based and Artisan Realty Advisors acquired Lantana Media Campus for reportedly $400 million.… Read more
Perris Industrial Building Trades for $15.4M
Double Run, LP acquired a 309,278-square-foot industrial building located at 3407 and 3411 N. Perris Blvd. in Perris, CA from… Read more
Dallas-Based Funds Raise Millions
Two Dallas-area funds have finished capital raises in the millions, with the end goal of buying commercial real estate. Crow… Read more
DDR sells Colorado’s Aspen Grove for $82M
DDR Corp. sold the 268,000-square-foot Aspen Grove shopping center in Littleton, CO to Gerrity Group of Solana Beach, CA. The… Read more
Urban Power Center Planned for Historic Sears Building
Connect Westside LA is the city’s most exciting CRE event! Join us at the Luxe Sunset on December 13th. Here’s… Read more
Voit Directs R&D Deal in Chula Vista
Phoenix-based Wentworth Storage Acquisitions, LLC acquired a roughly 90,000 square-foot R&D building in Chula Vista, CA from Los Angeles-based Eastlake,… Read more
Small Industrial Goes Big in Inland Empire (Pt. 2)
By Dennis Kaiser Connect Media takes a deep dive into the Inland Empire CRE market with CBRE senior industrial analyst… Read more
Levity Relocates, Expands Brea Comedy Club
Los Angeles-based Levity Entertainment Group plans to relocate and expand its Brea Improv into the Old Navy building, a few… Read more
Prologis Breaks Ground on Former Oakland Army Base
Prologis broke ground on Oakland Global Trade and Logistics Center at the city’s Oakland Army Base. The three-building logistics facility… Read more
Amazon’s Brick-and-Mortar Stores Benefit Prime Members Too
As e-commerce giant Amazon continues to expand its brick-and-mortar retail locations, its online pricing tactics will be visible in stores… Read more
Carlsbad TOD MF Secures $26.7M Refi
CBRE Capital Markets’ Debt and Structured Finance team secured $26.7 million to refinance BluWater Crossing, a live/work, mixed-use multifamily community… Read more
Q&A: Getting into CRE
By Dennis Kaiser Newport Beach, CA-based RETS Associates revealed the findings of its 5th Annual Survey of Real Estate Financial… Read more
Menlo Park Unanimously Approves Facebook Expansion
Facebook’s Bayfront expansion received Menlo Park’s unanimous approval, paving the way for development of roughly one million square feet of… Read more
Long Beach Residential Dev Moves Forward
Aliso Viejo, CA-based LMC, a Lennar Company, began site work on Oceanaire, a 7-story, 216-unit multifamily development planned on Long… Read more
Primera Towers Portfolio Trades for $130M
Parmenter Realty Partners struck a deal with an ownership venture to acquire the 771,826-square-foot Primera Towers, a five-building, Class A… Read more
Passco Adds 400-Unit Two Blocks to Portfolio
Passco Cos. LLC paid $72 million to acquire the Class A, 400-unit Two Blocks multifamily property in Atlanta’s Dunwoody submarket.… Read more
How Does San Diego Rank as a Tech City?
San Diego offers an affordable real estate market compared to other major tech cities, making it a prime expansion or relocation… Read more
Industrial Vacancies Drop Despite Deliveries
Despite record new deliveries, the Inland Empire vacancy remains at cyclical low, according to research from JLL. Some 21 million… Read more