California
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
Playboy Mansion Completes Record Sale for $100M
Daren Metropoulos, a principal at investment firm Metropoulos & Co., closed a $100-million acquisition of the Playboy Mansion. Hugh Hefner,… Read more
BAE Inks 2nd Largest South Bay Industrial Lease of 2016
BAE Systems Ship Repair leased 110,000 square feet at Four-Sher Development’s Chula Vista Corporate Center in Chula Vista, CA. It… Read more
Retail Explosion in the Inland Empire
The Inland Empire has become a magnet for Millennials and young families. That increased population has spurred employers and companies… Read more
Space Jam Juice Relocates HQ to San Clemente
Space Jam Juice signed a multi-year 25,992-square-foot lease at Western States Technologies, Inc.’s flex building in San Clemente, CA. The distributor… Read more
Chinese Developer Purchases 42-Acre Biotech Site for $171M
Chinese-based Greenland USA, along with its equity partners, purchased Landing at Oyster Point, a 42-acre prospective and entitled biotech and… Read more
CBRE Report Shows LA CRE Investments Buck National, Global Trends
By Dennis Kaiser Commercial real estate transactions in Los Angeles climbed 8.7% in the first half of the year, as… Read more
Steadfast Expands Atlanta MF Portfolio with $56M Acquisition
Irvine, CA-based Steadfast Apartment REIT, Inc. acquired 1250 West, a 468-unit apartment community in Marietta, GA from an undisclosed party… Read more
Golden Triangle Asset Set for Make Over
Boston-based Rockpoint Group initiated a $6.6-million renovation of Aventine, a Class A, 220,000-square-foot office building located on an 11-acre campus… Read more
Duke Realty Starts 400K-SF Spec Cross-Dock Facility in Moreno Valley
Indianapolis-based Duke Realty Corp. initiated construction on a 400,935-square-foot, bulk warehouse in Moreno Valley, CA. The building, which is being… Read more