California
Amazon Expands in Irvine
Amazon is expanding in Orange County, reconfiguring a nearly 190,000-square-foot facility in Irvine, CA. The giant e-commerce retailer is building… Read more
Santa Clara Office Asset Trades for $30M
Florida-based Consolidated-Tomoka Land Co. acquired a roughly 76,000-square-foot office building in Santa Clara, CA from Hopkins, MN-based CarVal Investors for… Read more
1.3M-SF Industrial Project Breaks Ground
Highland Park, IL-based International Airport Centers, Inc. broke ground on the nine-building, 1.3-million-square-foot IAC Commerce Center in Valencia, CA. Phase… Read more
Ports, USC, US Commerce Dept. Form Alliance
A new strategic partnership between the Ports of Los Angeles and Long Beach, USC and the U.S. Dept. of Commerce… Read more
Mesa West Funds $90M on Austin Campus
Mesa West Capital provided KBS Realty Advisors with a $90.5 million first-mortgage loan. The financing will recapitalize KBS’ recent all-cash… Read more
Miracle Mile Trades Hands for $1.1B
The Miracle Mile Shops, a massive, 200-story indoor mall within the Planet Hollywood Resort on the Strip, has traded hands.… Read more
Salesforce Tower Officially Tallest in the City
Salesforce Tower claimed the tallest building title in San Francisco from the former holder, Transamerica Pyramid. The Transbay District development… Read more
New Science Facility Underway at UC San Diego
UC San Diego broke ground on a new seven-story, 128,000-square-foot Biological Physical Sciences Building. The facility will support research and… Read more
Health Plan Acquires Empire Lakes Office Asset
Inland Empire Health Plan (IEHP) acquired Empire Lakes Corporate Center from the Utah State Retirement Fund for $44.3 million. The… Read more
Landmark Expands International, Family Office Investment Team
Newport Beach, CA-based Landmark Capital appointed Jack Hsu as Director of Capital Relationships. He brings nearly 20 years of international… Read more
Massive Warner Center MXU Development Proposed
Redevelopment of Warner Center’s 550,000-square-foot Promenade Mall into a mixed-use project called Westfield Promenade 2035 is in the works. Plans… Read more
CBRE Says Two Markets Dominate LA Office Deliveries
Playa Vista and Hollywood dominated office construction activity over the past 10 years, according to CBRE Research. The company found… Read more
$76M Happy Valley Deal Means Smiling Investors
Green Leaf Partners sold its 390-unit Green Leaf Monterey Apartments in Happy Valley, OR to MG Properties Group of San… Read more
Workplaces Inspire Innovators
Gensler’s 2016 U.S. Workplace Survey finds that optimal workplace design is a key driver of organizational innovation. Gensler’s research uncovered… Read more
Development, Demand, and Process Shifts
By Dennis Kaiser California developers are facing big challenges and legal changes, which means that the process of bringing new… Read more
San Francisco ‘Greenest’ CRE Market
San Francisco ranks as the No. 1 greenest CRE market in the U.S. A new study by CBRE Group, Inc.… Read more
CBRE Promotes Pollet
CBRE Group, Inc. promoted Troy Pollet to Senior Vice President. He is based at the firm’s North Los Angeles office… Read more
Verizon Closing Sacramento-Area Call Center
Verizon plans to close call centers in five states, including one in Rancho Cordova, CA, near Sacramento. The consolidation is… Read more
CBRE Expands San Jose Brokerage Team
CBRE Group, Inc. expanded its San Jose’s Advisory and Transaction Services group. Marie Anderson joined the firm as Vice President,… Read more