California
Kilroy Breaks Ground on $270M SoMa Dev, Adobe to Anchor
Los Angeles-based Kilroy Realty Corp. broke ground on 100 Hooper, a $270-million, 400,000-square-foot development in San Francisco’s SoMa district. The… Read more
Hines Divests $1.2B Office Assets to Blackstone
Houston-based Hines Real Estate Investment Trust, Inc. completed the disposition of seven West Coast office assets to an affiliate of… Read more
Minimum Wage Goes Up in Four States
After Tuesday’s election, there are four states where workers can celebrate. Washington, Arizona, Maine, and Colorado all voted to increase… Read more
California Housing’s Low Supply Propels Population Elsewhere
Many come to California to visit, and don’t want to leave because of the weather. However, with home prices rising,… Read more
Port Approves $1.2B Seaport Redev Team
San Diego’s port approved the bi-coastal development team selected to transform Seaport Village into a $1.2-billion waterfront destination. Seaport San… Read more
Wheel Distributor Rolls into Corona
Lee & Associates negotiated the $5.55 million sale of a 49,617-square-foot industrial building in Corona, CA. The buyer was Euleda,… Read more
How Do New FDA Food Rules Impact CRE Facilities?
The largest expansion and overhaul of the U.S.’s food safety practices in nearly 80 years presents new challenges for food… Read more
Auto Supplier Takes Entire East Bay Facility
SAS Automotive Systems (SAS) pre-leased the entire 142,188-square-foot OMP Eureka Landing in a deal valued north of $20 million. The… Read more
Leasing Activity Accelerates at The Bloc
DTLA’s The Bloc signed leases totaling more than 300,000 square feet of office space, including seven new deals at the… Read more
3 CRE Q&A: What’s Driving International, Family Office Investors?
By Dennis Kaiser Recently, Newport Beach, CA-based Landmark Capital Advisors expanded its team in an effort to better serve international… Read more
Riverside’s Former Fresh & Easy Production Facility Acquired
Santa Paula, CA-based Calavo Growers, Inc. acquired a production facility in Riverside, CA for $19.4 million for its Renaissance Food… Read more
Software Firm Pre-Leases 108K-SF at Bay Meadows Station
OpenText pre-leased 108,015 square feet in Bay Meadows Station 3 in San Mateo, CA. Bay Meadows Station is a mixed-use,… Read more
$520M Civic Center Redev Commences
Development joint venture, Penary-Edgemoor Civic Partners commenced construction on Long Beach’s $520-million Civic Center redevelopment. The initial phase includes two… Read more
CA Attracts Flagship Retail Locations – Here’s Why
Retailers across all price points are increasingly using a flagship store strategy to connect with customers. JLL’s latest research report,… Read more
CA Passes Pot Law, CRE Impacts?
Now that cannabis is legal for recreational use in California, it is expected to stimulate business, especially in the… Read more
Another Mega Mixed Use?
Los Angeles developer Regent Properties is spending more than $100 million to revamp the former Texas Instruments campus in Plano,… Read more
C&W Completes Escondido Office Upleg
San Diego-based SENTRE sold a 25,380-square-foot, high-image, multi-tenant office building in Escondido, CA to an unnamed investor for $6.9 million.… Read more
Kaiser Permanente Takes Retail Space
Kaiser Permanente signed a roughly 8,000-square-foot lease at Topaz Marketplace in Hesperia, CA. The retail deal covers 10 years, and… Read more