California
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
Grovemont Square Trades for $4.7M, 4.26% Cap Rate
Lee & Associates completed the $4.7-million sale of Grovemont Square, a 29,030-square-foot multi-tenant retail shopping center Santa Ana, CA. The… Read more
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