California
German Auto Supplier Opens First West Coast Facility
Draxlmaier Group is investing $24-million in improvements at The Oaks Logistics Center, a 72.6-acre industrial development in Livermore, CA. The 290,000-square-foot… Read more
$44M Encanto MXU Development Moves Ahead
San Diego-based Affirmed Housing received unanimous San Diego city council approval to move forward on a proposed $44-million, 128-unit, mixed-use… Read more
Inland Empire Still in “Growth Mode”
The latest Institute of Applied Research and Policy Analysis report from Cal State San Bernardino shows that manufacturing grew for… Read more
$2.1B in Economic Impact of Proposed Chargers ‘Convadium’
The proposed San Diego Chargers downtown ‘convadium’ could add $2.1 billion to the local economy, and create 15,000 jobs during… Read more
HFF Secures $33M Loan for Hines/Oaktree’s Raytheon Campus
Holliday Fenoglio Fowler, L.P. (HFF) arranged $33 million in financing for the Raytheon Office Campus, a 405,130-square-foot office property in… Read more
Dermody Expands East Bay Industrial Footprint
Reno, NV-based Dermody Properties completed the acquisition of a 130,000-square-foot industrial asset in Hayward, CA for $14.1 million. The property,… Read more
Onni Accelerates Construction Activity at DTLA Site
Canadian-based Onni Group is moving forward on development of 1212 Flower Street in DTLA. The roughly 1.5-acre site, abutting the… Read more
MG Properties Pays $25M for Sparks, NV Apartments
MG Properties Group, headquartered in San Diego, acquired the 240-unit Green Leaf at the Marina Apartments in Sparks, NV. Seller… Read more
Canadian Buyer Sinks $17M into Tempe’s 164-Unit Amber Gardens
Western Wealth Capital of Vancouver, BC paid $17 million for an apartment building in Tempe, near Arizona State University. The… Read more
SoCal REIT Acquires MOBs in Michigan & Alabama
Griffin-American Healthcare REIT IV Inc. bought the Rochester Hills Medical Building in the Detroit suburb of Rochester Hills, MI, as… Read more
RAF Pacifica Plans Creative Office Campus in North San Diego
Encinitas, CA-based RAF Pacifica Group acquired 4.43 acres in Carlsbad, CA, where it plans to develop in•sti•gate, the first true… Read more
Reverse Logistics Drives Industrial Expansion
There’s still time to register for Connect Inland Empire on October 6. Explore the agenda and register today! The growing trend… Read more
$255M JV Formed for Platinum Triangle Development
San Diego, CA-based JPI formed a $255-million joint-venture with Beijing-based Grand China Fund to develop a 747-unit luxury residential project… Read more
Prologis Starting First Facility at $1.2B Oakland Army Base Redev
The first ground-up development at the $1.2-billion Oakland Army Base redevelopment project is set to begin shortly. San Francisco-based Prologis… Read more
C&W Promotes Marc Renard
Cushman & Wakefield promoted Marc D. Renard to Executive Vice Chairman of the company’s Capital Markets Group. Based in DTLA,… Read more
C&W Expands Enterprise Solutions Team
Cushman & Wakefield expanded its Enterprise Solutions platform with the addition of a pair of CRE industry veterans. Bryan Jacobs… Read more
Gelt Shells Out $66M for Westhills Ownership Rights
Gelt Inc. has acquired the 400-unit Westhills in Lakewood, CO. The Los Angeles-based buyer paid $66 million to seller FPA… Read more
Owner Ends Hold on Parc 114, Sells to Colony Capital
Houston-based Hines and AEW Capital Management sold Parc 114, a 52-acre light industrial park in Irving, TX. The duo, working… Read more