California
Menlo Equities Putting 1.2M-SF Campus on Block
Palo Alto-based Menlo Equities’ 1.2-million-square-foot office campus in Santa Clara, CA is reportedly being put up for sale next month.… Read more
Landmark PCH Asset in Long Beach Acquired for $26M
Anaheim, CA-based Milan Capital Management acquired Park Tower, an 119,517-square-foot seven-story Class A office tower in Long Beach, CA for… Read more
CityView Closes $150M Multifamily Investment Fund
Los Angeles-based CityView closed CityView Western Fund I, L.P., a $150-million equity fund that invests in multifamily housing in select… Read more
BKM Becomes Owner of 178K-SF Vegas Industrial Center
BKM Capital Partners made its fourth acquisition in Las Vegas, buying the 177,597-square-foot Spencer Airport Center. The Irvine, CA-based buyer… Read more
Passco Snags Chandler, AZ Apartments for $82M
Passco Cos. LLC acquired the 389-unit Almeria at Ocotillo in Chandler, AZ. The Irvine, CA-based buyer paid $81.9 million to… Read more
JLL REIT Acquires Newly-Built Point Loma MF for $90M
Dylan Point Loma, a newly completed luxury, coastal multifamily community in San Diego, was acquired by JLL Income Property Trust,… Read more
New Norco Hotel Approved, But Must “Cowboy Up”
Texas-based Sahil Investment Group’s proposed 90-room Holiday Inn hotel received Norco Planning Commission approval. The caveat is that the final… Read more
Five Lagunas Urban Village Breaks Ground in Laguna Hills
San Francisco-based Merlone Geier Partners broke ground on Five Lagunas, an 870,000-square-foot urban village at the former Laguna Hills Mall.… Read more
Transformational South LA Project Approved
The LA Planning Commission approved The Reef, PHR LA Mart LLC’s proposed mixed-use project that includes more than one-million square… Read more
NGKF Capital Markets Completes Record-Breaking $108.5M Office Deal
NGKF Capital Markets completed the $108.5-million recapitalization of three high-quality Class A multi-tenant office buildings located in Orange, CA. It… Read more
Starbucks Gets Lyft-ed & Gifted With Ride-Share Partnership
Coffee giant Starbucks and ride-sharing service Lyft are continuing their digital partnership in brick-and-mortar retail stores. Twenty-dollar Lyft gift cards will… Read more
Inland Empire Retail Market Continues to Grow
By Dennis Kaiser The Inland Empire isn’t often considered a retail powerhouse market, which is natural given the dominance of… Read more
Irvine Creative Office Asset Sells for $15M
Irvine, CA-based Kelemen Caamaño Investments sold 96 Corporate Park, a three-story, 41,545-square-foot creative office building in Irvine to Bomel Construction… Read more
NGKF Expands Capital Markets Platform with Power Retail Broker
NGKF Capital Markets continues to expand its institutional-grade retail and mixed-use property sales platform, with the addition of market-leading retail… Read more
ICON MXU Proposed at Former Sunkist Growers HQ Site
IMT Residential proposed ICON, a mixed-use redevelopment project at the historic 8.3-acre former HQ of Sunkist Growers in Sherman Oaks,… Read more
Crescent Real Estate Snags 354K-SF on Dallas North Tollway
Dallas-based Crescent Real Estate and partner Long Wharf Real Estate Partners LLC of Boston have struck a deal with KBS… Read more
BLT Enterprises Expands San Diego Portfolio
Santa Monica, CA-based BLT Enterprises acquired Sorrento Tech III, a 30,000 square-foot flex building in San Diego from San Diego-based… Read more
Inland Empire Claims US “Big-Box Capital” Title
A new report from Cushman & Wakefield notes how dominant the Inland Empire has become as a location for big-box… Read more
HFF Closes Neighborhood Retail Center Deal
Holliday Fenoglio Fowler, L.P. (HFF) closed a $15.85-million sale of Home Ranch Center, a 54,169-square-foot, value-add neighborhood shopping center in… Read more