California
Douglas Emmett, Qatar JV Picks Up Wilshire Asset for $139.5M
Santa Monica-based Douglas Emmett, Inc. acquired 233 Wilshire Blvd., a 129,000-square-foot office property for $139.5 million. The 94%-leased asset will… Read more
Part 2: CEQA: A Real Threat or Crying Wolf?
By Dennis Kaiser The major economic engine in the Inland Empire is under attack. The primary weapons being used against… Read more
California State Government Bans Wells Fargo Activities
California State Treasurer John Chiang has announced that Wells Fargo has been suspended from doing business with the State of California… Read more
Kidder Mathews Arranges $135M Refi for East Village MF
Vancouver, B.C.-based Pinnacle International secured $135 million in refinancing for Pinnacle on the Park’s Phase 1 in downtown San Diego.… Read more
Redevelopment Planned for Struggling Chino Hills Retail Center
A major overhaul of Crossroads Marketplace, one of Chino Hills, CA’s largest retail centers, is being proposed. A redevelopment plan… Read more
UCI Unveils State-of-the-Art New Facility
UC Irvine opened a new 75,000-square-foot instructional and collaborative facility on the East side of the campus. The five-story, state-of-the-art… Read more
Google Buys Mountain View Asset for $225.4M
Google acquired the former Mayfield Mall in Mountain View, CA, paying $225.4 million for San Antonio Station. The giant tech… Read more
UPS Mega Deal Sets Industrial Record
United Parcel Service (UPS) signed a mega 10-year, 521,816-square-foot lease reportedly valued at $44 million at The Brickyard in Compton,… Read more
California’s Life Sciences Sector Remains Healthy
Life sciences plays an important role in a number of California markets, including San Francisco, San Diego, Orange County and… Read more
Development Challenges Face Inland Empire
By Dennis Kaiser First Part in Series: Overview – What’s the Problem? This four-part series, leading up to Connect Inland… Read more
Rancho Bernardo Flex Asset Acquired for $7.4M
Cornerstone Center, an industrial business park in affluent Rancho Bernardo, CA, has traded hands for $7.4 million. The 43,423-square-foot multi-tenant… Read more
Spanish Suitor Buys Tiffany’s Union Square Building for $145M
The iconic Tiffany Building in San Francisco’s Union Square was acquired by a Spanish investment firm from Greenstone Realty Advisors… Read more
Kidder Mathews Expands Inland Empire Footprint
Connect Inland Empire is coming up on October 6. Explore the lineup and register here. Irvine, CA-based Kidder Mathews expanded… Read more
Bloomie’s Joining Outlets at Orange
Simon plans to open a 24,000-square-foot Bloomingdale’s Outlet store in November at the Outlets at Orange, CA. Other retailers joining… Read more
Marcus & Millichap Completes $72.5M MF Sale
Calabasas, CA-based Marcus & Millichap’s Institutional Property Advisors (IPA) division closed the sale of Waterstone Apartment Homes, a 348-unit multifamily… Read more
NGKF Completes $122M Sale of CH2M Global HQ
NGKF completed the $122-million sale of CH2M’s global HQ in Englewood, CO. The buyer was New York-based Angelo, Gordon &… Read more
339-Unit Lodge at Peasley Canyon Trades Hands for $70M
TPF Equity REIT Operating Partnership LP ended its hold on the 339-unit Lodge at Peasley Canyon in suburban Tacoma, WA.… Read more
Voit’s Sweet Smelling Conroy’s Flowers Deal
Voit Real Estate Services closed two sale transactions at a San Diego asset for a total consideration of $1.65 million.… Read more
CBC SC Creates Collaborative Environment in Ontario
Coldwell Banker Commercial SC (CBC SC) combined its Redlands, CA office with its main office in Ontario, CA to create… Read more