California
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
Bascom, Oaktree JV Acquires MF Asset
Irvine, CA-based The Bascom Group, LLC and funds managed by Oaktree Capital Management, L.P. acquired the 196-unit luxury Springs at… Read more
Alexandria, TMG Acquiring SoMa Dev Site for $140M
Pasadena, CA-based Alexandria Real Estate Equities executed an agreement to acquire 88 Bluxome Street in San Francisco’s SoMa market from… Read more
An Uncommon Start at Valley Live/Work/Play Campus
UNCOMMON broke ground on 24, a mixed-use residential, office and retail campus on 24 acres in Chatsworth, CA. The adaptive… Read more
NorthMarq Secures Refi for SoCal MF Portfolio
Irvine, CA-based Advanced Real Estate Services, Inc., refinanced five SoCal multifamily properties for $73.97 million. The 479-unit portfolio includes Cantabria… Read more
CA Buyer Pays $14M for Crystal Tree Centre
The Crystal Tree Centre retail and office complex in North Palm Beach, FL sold to Los Angeles-based Black Lion Investment… Read more
Wyndham Place Sells for $11M
Following a 10-year hold, a California investment group sold the 155-unit Wyndham Place apartments in Phoenix. Seller Wyndham Partners LLC… Read more
Gelt Mission: Acquire 1,000 Portland Units
Los Angeles-based Gelt Inc. is on a mission to acquire 1,000 apartments in the Portland metro region within the next… Read more
Badiee Development Plans Second Escondido Industrial Campus
La Jolla, CA-based Badiee Development plans to develop Escondido Innovation Park, an 86,010-square-foot industrial campus in Escondido, CA. The move… Read more
Gehry-Designed $300M Sunset Blvd MXU Approved
Los Angeles-based Townscape Partners received L.A. City Council approval on development plans for the $300-million 8150 Sunset Boulevard development. The… Read more
C&W Helps Sell Hollywood’s Cinerama Parking Structure for $50M
Robertson Properties Group purchased Hollywood’s Cinerama Dome parking structure on Sunset Blvd. from CRA/LA for $50 million. The L.A.-based investor… Read more
P+R Architects Renamed Retail Design Collaborative
P+R Architects officially changes its name to Retail Design Collaborative. The Long Beach, CA-based architectural firm says the decision to… Read more
Creative Biotech Campus Trades Hands
Faraday Research Center in Carlsbad, CA was acquired by an unnamed Los Angeles-based investor for $19 million. The 65,840-square-foot biotechnology/creative… Read more
LA Transfers Ontario Airport to Locals
Ontario Airport is under local control as of 7 a.m. today. Ontario International Airport Authority assumed the operational reins from… Read more
PAG Bakes Up New Dealership at Former Nabisco Plant
New Orleans-based Premier Automotive Group acquired a 4-acre site in Buena Park, CA for $3.7 million. The group plans to… Read more
Equity Office Names Picard EVP, COO
Chicago-based Equity Office named Lisa Picard Executive Vice President and Chief Operating Officer. Picard joins the San Francisco office, and… Read more