California
Colony Capital Now Owns 480K-SF LeeVista
Colony Capital struck a deal with McDonald Development Co. to acquire the 479,100-square-foot LeeVista Business Center, located within the 1,900-acre,… Read more
Who’s Behind Largest-Ever Semiconductor Industry Deal?
San Diego-based Qualcomm plans to acquire NXP Semiconductors in a deal valued at $47 billion. The transaction is believed to… Read more
1031-Exchange Involves Retail, MOB Asset
Hacienda Plaza, a 77,610-square-foot mixed-use retail/medical office property in Santa Ana, CA traded hands for $16.7 million. The 1031-exchange investors… Read more
CBRE Global Investors’ Fund Acquires California Plaza
A fund sponsored by Los Angeles-based CBRE Global Investors acquired California Plaza in Walnut Creek, CA from New York City-based… Read more
$1B Lucas Museum Coming to LA or SF?
George Lucas’ proposed Lucas Museum of Narrative Art is seeking a home. Two different concepts, each likely to exceed $1… Read more
Shopoff Adds 36K-SF Hebron Heights to Portfolio
Shopoff Realty Investments of Los Angeles acquired Hebron Heights, a 36,000-square-foot retail center in Carrollton, TX for approximately $8.1 million… Read more
Hundley Departs CBRE for Kidder Mathews
Seattle-based Kidder Mathews expanded its San Diego team with the addition of John Hundley. He is one of the leading… Read more
Trader Joe’s-Anchored Retail Center Trades for $19.8M
Newport Beach, CA-based Citivest Commercial Investments, LLC acquired Town Center Plaza, an 82,000-square-foot retail property in Palm Desert, CA for… Read more
CBRE Sales Newly-Built Anaheim Concourse for $188.2M
Toronto-based Bentall Kennedy acquired Anaheim Concourse, a 965,255-square-foot industrial property in Anaheim, CA for $188.2 million. The sellers were Newport… Read more
Union Square Retailers Explore Options
The popularity of Union Square, San Francisco’s premier retail district, is spilling over into surrounding neighborhoods. Researchers at JLL are… Read more
Lall Replaces Schatz at Powerful Central City Association
A new CEO is set to take the reins of the Central City Assn., one of DTLA’s most powerful business… Read more
DTLA Flower District Institution Slated for Redev
A $100-million mixed-use project is planned for a DTLA Flower District institution that for more than a century has offered… Read more
JRK Acquires 225-Unit Trillium Heights from JV
JRK Property Holdings bought the 225-unit Trillium Heights apartment complex from Pinnacle and AEW Capital Management. The Los Angeles buyer… Read more
New Casino Secures $460M Refi
The recently-completed Hollywood Casino Jamul-San Diego was refinanced by the Jamul Indian Village Development Corporation (JIVDC) for $460 million. Proceeds… Read more
Health Insurer Opening Resource Center in Riverside Retail Space
Inland Empire Health Plan leased 7,550 square feet in a retail center in Riverside, CA to expand its services. The… Read more
OC Among Top Tech Office Markets for Rent Growth
An analysis of the 30 leading U.S. and Canadian tech markets reveals that Orange County ranks No. 3 for office… Read more
Trammell Crow Co. Adds Veteran Developer
Trammell Crow Company expanded its team with the addition of Andrew Parker as a Development Manager in the SoCal-Los Angeles… Read more
Historic Uptown Oakland Asset Trades for $47M
Canadian-based Bentall Kennedy acquired the historic, 14-story Latham Square Building in Oakland, CA for $47 million. The global real estate… Read more
Vacant Urban Lots May Help Solve Housing Crisis
A new report from McKinsey Global Institute offers a long list of policy ideas that could solve California’s mounting housing… Read more