California
Shopoff Realty Plans $500M MXU on 28.6-Acre Coastal Site
Irvine, CA-based Shopoff Realty Investments acquired 28.6 acres of land in Huntington Beach, CA for $26.5 million. Shopoff envisions transforming… Read more
NY Developer Pursuing 35-Story Tower Atop Historic One Montgomery
New York-based 601W Cos. proposed a 35-story mixed-use tower atop an historic building at One Montgomery St. in San Francisco’s… Read more
Kennedy Wilson Acquires CSU Channel Islands MF for $81M
Kennedy Wilson acquired University Glen, a 386-unit multifamily community from California State University Channel Islands (CSUCI) in Camarillo, CA for… Read more
Irvine Creative Office Asset Sold
Irvine, CA-based Kelemen Caamaño Investments sold a two-story, creative office building located in the Jamboree Business Center in Irvine, CA… Read more
53-Acres Acquired in Scripps Ranch for Development
Carlsbad, CA-based Continuing Life Communities acquired a 53-acre land parcel in San Diego’s Scripps Ranch for $18.5 million. The buyer plans… Read more
Claremont Studies New MXU Development Area
The City of Claremont, CA wants to create a new mixed-use planning area to encourage development of projects similar to… Read more
IEC Acquires Milpitas MF for $46M
Los Altos, CA-based Interstate Equities Corp. (IEC) acquired a 137-unit, value-add multifamily property in Milpitas, CA for $46 million. The… Read more
3 CRE Q&A with Stepp Commercial: Santa Monica Multifamily
By Dennis Kaiser Stepp Commercial continues to record high volumes of multifamily transaction activity in the Santa Monica market. Three… Read more
Bixby’s Habitat is Good for Karma
Karma Automotive signed a 262,000-square-foot lease with Bixby Land Company to occupy the entire former Kawasaki USA headquarters in Irvine,… Read more
Angelo, Gordon Acquires Wateridge Pointe for $28M
JLL’s Capital Markets completed the sale of Wateridge Pointe, a pair of two-story office properties totaling 123,675 square feet, on… Read more
Orbis, Chase Team Up on Eastvale 53-Acre Industrial Development
Connect Inland Empire returns for its second year! Register today to join us at the Cal Aero Aviation Country Club in Chino… Read more
Sares Regis Expands MF Leadership Team
Heather L. Wallace has joined Irvine, CA-based Sares Regis Group’s (SRG) Multifamily Property Management leadership team. The veteran CRE executive… Read more
AMD Vacates Sunnyvale for Irvine Co.’s Santa Clara Square
Advanced Micro Devices (AMD) will end its 47-year partnership with Sunnyvale, CA and move its HQ and California Research &… Read more
LA Tops JLL’s Tech Wage Growth Rankings
National tech employment is slowing, but remains the leading industry, driving employment growth in the US overall. JLL’s research team… Read more
American Realty Makes $206M MA Buy
Glendale, CA-based American Realty Advisors acquired the shops at University Station in Westwood, MA from Westwood Marketplace Holdings LLC for… Read more
A Look at What Apartment Renters Seek
The National Multifamily Housing Council released an infographic from their research report, identifying what apartment renters seek most. From a top line… Read more
What Cisco’s Layoffs Signal for Silicon Valley’s Labor Pool
Cisco has announced that the company is cutting 5,500 jobs. While the number is large, there’s an even bigger trend happening… Read more
Google Launches Start-Up Space for Developers
Google will reportedly offer a 14,000-square-foot space for developers to utilize at 301 Howard Street in San Francisco. Both Amazon… Read more
European Footware Retailer Steps into 50K SF in SW Houston
Houston-based Sanita Footwear signed a 50,000-square-foot lease extension at Westhollow Distribution Center in the southwest industrial submarket of Houston. The… Read more