California
LA’s $350M Soccer Stadium Set to Launch
A formal ground breaking is slated later this month for Los Angeles Football Club’s (LAFC) $350-million, 22,000-seat soccer stadium in… Read more
High-Speed Google Fiber Slowing Down
When Google Inc. unveiled Google Fiber in 2010, more than 1,000 cities wanted the fiber cables. Google Fiber began its efforts… Read more
Legacy, Resmark Team Up on Another MF Project
Bay Area-based Legacy Partners and Los Angeles-based The Resmark Companies are joining forces again to develop a 168-unit apartment project… Read more
$32M Deal Reflects Inland Empire’s Growing Retail Influence
Colliers International negotiated the $32-million sale of Chino Town Center in Chino, CA. Anchored by CVS Drugs, Chase Bank, and… Read more
Hanley, Voit Collaborate on Record Retail Sale
Orange County-based The Beacon Group, Inc., sold a single-tenant net-leased coastal property in Redondo Beach, CA, occupied by Petco, to… Read more
CIM Starts 34-Story Residential Tower in DTLA
Los Angeles-based CIM Group commenced construction of a 34-story apartment tower with 6,000 square feet of ground-floor retail space and… Read more
CBRE Predicts LA Creative Office Demand Will Soar
Current occupants, technology, creative and co-working tenants could drive as much as 44 million square feet of new creative office… Read more
Two NC Multifamily Deals Yield $93M
Two separate apartment buildings in the Brier Creek area of Raleigh, NC, recently sold for a combined value of $93… Read more
CA-Based Zenreach Signs Lease at Phoenix’s Biltmore Center
San Francisco-based technology company Zenreach inked a deal with landlord ViaWest Group to take down 30,091 square feet at the… Read more
KTGY-Designed Artisan Alley Capitalizes on Craft Brew Craze
Orange County-based Civic Partners selected Irvine, CA-based KTGY Architecture + Planning to design Artisan Alley at The Diamond in Lake… Read more
Largest Stretch of Coastal Land Closer to Development Reality
Representatives from the Gabrieleno Band of Mission Indians and the Tongva Ancestral Territorial Tribal Nation support Newport Banning Ranch’s development… Read more
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