California
Legacy Partners-SyRES JV Breaks Ground on MF’s Next Phase
Foster City, CA-based Legacy Partners, and its joint-venture partner, SyRES Properties, broke ground on the second phase of the Renaissance… Read more
Salas Helps ‘Cement’ NGKF’s Expanding Position in L.A.
Steven Salas joined Newmark Grubb Knight Frank’s (NGKF) West Los Angeles office from Madison Partners. He brings two decades of… Read more
MG Properties Announces 366-Unit Mosaic Hills Buy
MG Properties Group, based in San Diego, snagged the 336-unit Mosaic Hills Apartments. The buyer paid the Newport Beach, CA… Read more
Wall Tilting Ceremony Held at L.A. County’s Largest Industrial Center
Have you ever been to a wall tilting ceremony? One was recently held by AEW Capital Management L.P and Sheridan Ebbert… Read more
Who’s Paying the Highest Office Rents in the Nation?
It may come as no surprise that the most expensive office asking rates are located on Sand Hill Road, in… Read more
‘Irreplaceable Asset’ Trades Hands in San Diego
Taco Bell and Shops, a 18,175-square-foot, strip center at the entrance to San Diego’s Westfield Mission Valley Mall, was sold… Read more
NGKF Completes Single-Tenant NNN ‘Off-Market’ Deal in Montclair
Newmark Grubb Knight Frank (NGKF) completed the sale of Montclair Logistics Center, a nearly 130,000-square-foot single-tenant industrial building in Montclair,… Read more
Grosvenor Acquires Union Square ‘High Street’ Asset for $80M
Grosvenor Americas acquired 240 Stockton Street, a 10-story, 40,442-square-foot luxury retail and office building in San Francisco’s Union Square. The… Read more
Faris Lee Closes Chicago Fire Pizza Deal
Irvine, CA-based Faris Lee Investments completed the $3.5-million sale of a single-tenant retail asset in Elk Grove, CA. The more than… Read more
Yes, Retail Is Hot in L.A., CBRE Explains Why
CBRE says the Los Angeles retail market is indeed hot. In fact, the Greater L.A. retail market is one of… Read more
Multifamily Market Remains “Fundamentally Strong”
By Dennis Kaiser Connect Apartments brought together more than 500 CRE leaders for an information-packed conference at the JW Marriott… Read more
Blackstone’s $1.5B Logistics Purchase from LBA Realty
New York-based Blackstone Group LP is acquiring $1.5-billion worth of logistics centers from Irvine, CA-based LBA Realty LLC. The 12-million-square-foot… Read more
PCCP Provides $25.6M Funding for San Diego Asset
PCCP, LLC provided a $25.6-million senior loan to Angelo, Gordon & Co. for the acquisition, repositioning, and leasing of Wateridge… Read more
First Dunkin’ Donuts Opens in Riverside
The first Dunkin’ Donuts store opened in Riverside, CA, marking the 12,000th location of the fast-expanding, Boston-based QSR. The chain’s… Read more
OC Register Says ‘Goodbye’ to Santa Ana After 111 Years
The Orange County Register is planning to relocate its HQ next spring to Axis, a 300,000-square-foot, multi-tenant creative office campus… Read more
Iconic Union Square Asset Trades for $73M
Colliers International negotiated the $73-million sale of the iconic 220 Post Street Building in San Francisco’s Union Square shopping district.… Read more
$39M Industrial/Office Redev, Lease-Up Completed in Carson
San Francisco-based Terreno Realty Corporation completed the redevelopment and lease-up of Terreno Business Center, a $39-million industrial and office property… Read more
Connect Apartments: “Cashflow Kings” Suggest Enough Capital for Small Deals
By Amy Wolff Sorter The focus of multifamily capital tends to be on massive transactions; the just-completed, Class A trophy… Read more
ViaSat Campus Building Sold for $13M
Marcus & Millichap completed a $13-million sale of a 41,516-square-foot office asset in Carlsbad, CA. Located within ViaSat’s 600,000-square-foot campus… Read more