California
CBRE Completes Lease Up of Retail Center, Expansion Planned
The next phase of development is in the works at IRE Development’s The District at Eastlake in Chula Vista, CA.… Read more
Rubicon Point Partners Picks Up San Mateo BayCenter for $150M+
Boston-based Rockpoint Group, L.L.C. sold San Mateo BayCenter, a roughly 300,000-square-foot office asset, to San Francisco-based Rubicon Point Partners for… Read more
$18.4M Multi-Tenant Cathedral City Industrial Deal Closes
CBRE Group Inc., completed the sale of Perez Business Park, the largest multi-tenant industrial project in Cathedral City, CA, for… Read more
DataCore Fund Adds Irvine Assets
San Francisco-based GI Partners acquired Alton Corporate Plaza, two assets totaling roughly 209,000 square feet in Irvine, CA, for an… Read more
Process to Progress: Trammell Crow Company’s The Boardwalk
This past week, Trammell Crow Company (and Snyder Langston) surpassed a construction milestone with the topping out of Southern California’s largest… Read more
What’s Feeding LA’s Restaurant Scene?
By Daniella Soloway As restaurants become the new anchor tenant, there’s a particular style that is taking over the city… Read more
Hanjin’s $14B Worth of Cargo “Hostage” at Sea
Since Hanjin, the seventh-largest shipping container line, filed for bankruptcy last month, the South Korean company estimates that $14 billion… Read more
Key Takeaways from Connect Apartments 2016
By Dennis Kaiser Connect Apartments brought together more than 500 CRE leaders for an information-packed conference at the JW Marriott… Read more
Amazon Books Joins Tesla, Apple in UTC Mall
The 3,500-square-foot Amazon Books store opened in Westfield UTC mall in La Jolla, CA. It is the second brick-n-mortar location… Read more
3 CRE Q&A: Inland Empire Development Update
By Dennis Kaiser Connect Media is gearing up for our second annual Connect Inland Empire conference on October 6th. Here’s… Read more
PCCP Arranges $26.6M Loan for Carlyle Acquisition
PCCP, LLC provided a $26.6-million senior loan to The Carlyle Group for the acquisition of a 139,372-square-foot, Class A office… Read more
REEFF Divests Torrance Campus for $67M
REEFF sold the L3 Communications Campus in Torrance, CA to Kansas City-based Mariner Real Estate Asset Management for $67 million.… Read more
Kennedy Wilson Pays $172M for Bellevue MF
Kennedy Wilson, headquartered in Beverly Hills, CA, acquired LIV Bel-Red, a 451-unit multifamily property at 2170 Bel-Red Rd., Bellevue, WA.… Read more
Hoffman Joins Kidder Mathews in San Diego from Colliers
Kidder Mathews expanded its San Diego office with the addition of John Hoffman as senior vice president. The more than… Read more
CBRE Sells Montclair Shoppes for $15.5M
CBRE Group, Inc. sold Montclair Shoppes, a new nearly 19,000-square-foot retail center in Montclair, CA to an unidentified West Los… Read more
Trammell Crow Hits Construction Milestone at The Boardwalk
The Boardwalk, Southern California’s largest speculative development, reached a key construction milestone. Trammell Crow commemorated the ‘topping out’ of the… Read more
EmeryStation West Breaks Ground in East Bay
San Rafael, CA-based Wareham Development commenced construction on EmeryStation West, a nine-story, 260,000-square-foot office and R&D development in Emeryville, CA.… Read more
AFL-CIO Acquires Industrial Asset for $29M
The AFL-CIO Building Investment Trust acquired a roughly 168,000-square-foot industrial building in City of Industry, CA from Newport Beach, CA-based… Read more
CBRE Arranges $24.9M Loan for Senior Housing Community
CBRE Capital Markets’ debt and structured finance team arranged a $24.9 million loan on behalf of The Grant Companies to… Read more