California
CSU Monterey Bay Student Housing Acquired for $68.5M
The University Corporation at Monterey Bay purchased The Promontory from Agoura Hills, CA-based AMCAL Equities LLC and partner Monterey, CA-based… Read more
Hudson Pacific’s Hollywood Tower Approved
Los Angeles-based Hudson Pacific Properties can now move forward on a new office tower on a 1.55-acre site at 5901… Read more
OliverMcMillan’s $1B Harbor Island Dev Plan Favored by Port
San Diego Unified Port District staff recommended San Diego-based OliverMcMillan be selected to redevelop 57 acres on Harbor Island. The… Read more
Inland Empire’s Economic Picture Solid to Strong
Connect Inland Empire returns on October 6. See the agenda & register here. The Inland Empire Purchasing Managers Index rebounded in… Read more
Infinity Realty Acquires Hilton Irvine
Los Angeles-based Infinity Realty Advisors acquired the 306-key Hilton Irvine in California for an undisclosed price from a private hotel… Read more
Skin Care Firm Expands into 150K-SF at Bishop Ranch
Rodan + Fields, LLC signed a 150,000-square-foot lease at Bishop Ranch in San Ramon, CA. The skin care brand and… Read more
LaTerra Breaks Ground on Chula Vista Infill MF Project
Be sure to check out and register for Connect Apartments, coming to L.A. on September 15. LaTerra Development started construction on… Read more
Coldwell Banker Commercial SC Expands Retail Footprint in Inland Empire
Connect Inland Empire returns on October 6. See the agenda & register here. Ontario, CA-based Coldwell Banker Commercial SC (CBC SC)… Read more
3 CRE Q&A: Medical Office Advances in OC
By Dennis Kaiser Medical office buildings (MOBs) are emerging from the shadows of CRE. Newport Beach, CA-based Real Estate Development… Read more
Black Mountain Properties Sells Mid-Peninsula Asset for $61M
San Carlos VI, LLC acquired San Carlos Business Park, a 7-building, 154,462-square-foot office and R&D campus in San Carlos, CA… Read more
Norwegian Fund Claims $453M Stake in Pair of Kilroy’s SoMa Assets
Norwegian-based Norges Bank Real Estate Management reportedly paid $452.9 million for a 44% stake in a Kilroy Realty Corp. entity that… Read more
Robertson Obtains $59M Refi for Hawaiian Retail Center
Robertson Properties Group (RPG) obtained a $59 million refinancing loan on Pearl City Gateway, a 146,205-square-foot shopping center at 1150… Read more
Investor Enters Tucson with 1,004-Unit MF Buy
Monarch Investment & Management Group LLC paid $47.5 million to Hamilton Zanze of San Francisco for acquisition of five multifamily… Read more
VC Funding Continues to Flow into San Diego
CBRE’s latest snapshot of venture capital investment in San Diego reveals an increasing flow to the sector, including the largest… Read more
Sares Regis Proposes Moreno Valley Industrial Facility
Irvine, CA-based Sares Regis Group’s Indian Street Commerce Center in Moreno Valley, CA is undergoing reviews for a proposed industrial… Read more
Equity Office Divests Pasadena Asset for $30M
Chicago-based Equity Office sold 150 East Colorado Boulevard, a 62,286-square-foot, boutique office building in Pasadena, CA’s Old Town neighborhood to… Read more