California
TMG Partners Adds 148K-SF to San Jose Office Portfolio
San Francisco-based TMG Partners acquired a pair of office assets in San Jose for an undisclosed price. The 148,000-square-foot property… Read more
C&W Expands Capital Markets Team in L.A.
Stephen Algermissen joined Cushman & Wakefield’s Capital Markets team. As a preeminent investment broker for urban retail assets across the… Read more
BKM Capital Partners Pays $45M for Tukwila (WA) Commerce Center
BKM Capital Partners acquired the 27-building, 476,765-square-foot Tukwila Commerce Center, a multi-tenant, light-industrial park in Tukwila, WA. The Newport, CA… Read more
First Escondido Industrial Facility in 10 Years Planned
San Diego-based Badiee Development plans to develop Escondido Victory Industrial Park in Escondido, CA on a 4.87-acre site it acquired… Read more
$450M Platinum Triangle Center Receives Unanimous City Planning Approval
LT Global Investment Inc.’s $450-million Platinum Triangle Center mixed-use development received unanimous approval from Anaheim’s Planning Commission. The project is… Read more
McKesson Plans HQ Sale-Leaseback
McKesson Corp. is selling its prominent 488,882-square-foot Market St. headquarters in San Francisco, and plans to lease back 200,000 square… Read more
CBRE Picks Up Multi-State Entertainment Assignment
California-based Round One Entertainment Inc. selected Los Angeles-based CBRE Group Inc. for a tenant representation assignment to search for new… Read more
RCM Expands Deal Center Tech Platform
Carlsbad, CA-based Real Capital Markets (RCM) expanded its Deal Center technology platform that connects tens of thousands of investors weekly… Read more
McCann Acquires 165-Unit Dallas Multifamily
McCann Realty Partners LLC has teamed with Carlyle Group to acquire Marquis on Cedar Springs in Dallas, TX. The acquisition… Read more
Lee & Associates Names Abramson Shareholder in North San Diego
Lee & Associates named Jeff Abramson its newest principal and shareholder in the CRE brokerage firm’s North San Diego office.… Read more
CBRE Arranges $48.8M Loan for Luxury Temecula MF Complex
CBRE arranged a $48.8-million loan for the acquisition of Cape May at Harveston, a 300-unit, Class A apartment community in… Read more
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