California
Voit Completes 245K-SF Lease for Restoration Hardware
Restoration Hardware signed a roughly $8-million, 244,947-square-foot lease to relocate into Shea Center Ontario. The specialty retailer is moving its… Read more
Breather Adds Five Locations in SoCal
Breather added five locations in Los Angeles, five months after launching a space in Venice Beach. The provider of on-demand… Read more
Houston ISD Wants Chevron Land for Future HS
The Houston Independent School District is eyeing a 28-acre site in Bellaire as the potential location for a new high school.… Read more
Realsource, COTG Strike Deal for 296-Unit MF in Garland
Realsource Properties LLC, headquartered in Salt Lake City, UT, acquired the 296-unit Creekside on the Green in Garland, TX. COTG… Read more
Part of Tahoe Asset to Sell for $43M
Owens Realty Mortgage has entered into an agreement to sell part of The Chateau at the Village in Lake Tahoe… Read more
Paramount Pictures $700M Expansion Approved
The Los Angeles City Council unanimously approved Paramount Pictures’ $700-million expansion plan envisioned to transform the 62-acre studio lot over… Read more
Ground Breaking Set for $243M Hospital Tower
The Chula Vista City Council approved plans for a nearly $243-million, seven-story tower at Sharp Chula Vista Medical Center. Construction… Read more
C&W Expands Capital Markets Team
Cushman & Wakefield expanded its capital markets team in Orange County with the addition of Conrad Andersen, who joins the… Read more
NerdWallet Taking Twitter Sublease?
NerdWallet is reportedly in the final stages of negotiations to take 120,000 square feet of Twitter sublease space off the… Read more
$1.15B Sr. Housing Portfolio Acquisition Gives Welltower ‘Unmatched Presence’
Toledo, OH-based Welltower Inc. acquired a 19-property senior housing portfolio from Vintage Senior Living for $1.15-billion. The 2,590-unit portfolio includes… Read more
Inland Empire Growth Expected to Continue
By Dennis Kaiser The Inland Empire economy is facing such pressures as interest rate uncertainty, the presidential election and Brexit.… Read more
Paramount Completes $850M Financing on 1301 Avenue of the Americas
Manhattan-based Paramount Group Inc. closed on $850 million in financing for its 1.8 million-square-foot 1301 Avenue of the Americas. The Class… Read more
Golf Company Takes 25K-SF at Carlsbad Airport Center
Aldila Golf signed a 25,066-square-foot lease for a freestanding industrial building in Carlsbad Airport Center in Carlsbad, CA. The deal… Read more
Capital One Closes $15.8M Anaheim Refi
Bethesda, MD-based Capital One provided a $15.8-million Fannie Mae structured adjustable rate loan to refinance Rio Vista Mobile Estates, an… Read more
Iconic Google-Leased ‘Silicon Beach’ Campus for Sale
The “crown jewel” of historic buildings that formerly comprised the Hughes Corporation’s HQ and was envisioned as the centerpiece of… Read more
New Trends in Urban Housing
By Dennis Kaiser Southern California is experiencing a strong swell of development across the major property types. That activity extends… Read more
CBRE Arranges $720M Sale, $500M Acquisition Financing for SE MF Portfolio
Los Angeles-based CBRE Group, Inc. arranged the sale of the Southeast Residential Portfolio (SERP), a 24-property multifamily portfolio, to San… Read more
City Approves $700M MXU, Hawaii’s First TOD Project
The Honolulu City Council approved a $700 million, 36-story mixed-use tower to be developed by Salem Partners LLC of Los… Read more
Want a Suburban Building? ITT Tech Campuses for Sale
Buildings that once contained ITT Technical Institutes’ classrooms and labs are on the market. The move comes a few weeks… Read more