California
TMG, Fortress Divest Final Champion Station Assets for $122M
San Francisco-based TMG Partners and New York-based Fortress Investment Group sold its remaining three properties at Champion Station in North… Read more
Imperial Capital Relocates to 10100 Santa Monica
Los Angeles-based Imperial Capital, LLC signed a long-term 24,203-square-foot lease at Heitman’s 10100 Santa Monica Blvd. in Century City, CA.… Read more
Is Free Rent Signaling a Multifamily Market Peak?
In a sign that the San Francisco market has peaked, offers of free rent are cropping up in landlords’ efforts… Read more
BRIDGE Housing to Develop 61 Affordable Units in North Portland
The Portland Housing Bureau has tapped BRIDGE Housing of San Francisco to develop 61 new affordable apartment units in the… Read more
Inland Ports Growing in Strength, According to CBRE
Inland ports have become important in supply chains, noted CBRE’s “Inland Ports Logistics 2016 North America Annual Report.” As online… Read more
Lewis Group Acquires 160-Acre Empire Lakes Site
Upland, CA-based Lewis Group of Cos. acquired 160 acres in Rancho Cucamonga, CA and plans to start developing the site… Read more
R.D. Olson Breaks Ground on Lido House Hotel
Irvine, CA-based R.D. Olson Construction launched construction on Lido House Hotel, a 130-room, upscale boutique hotel in Newport Beach. Located… Read more
When Will Facebook Open First Office in San Francisco?
Facebook is contemplating an expansion northward from its Silicon Valley foundation. Word within real estate circles is that the social… Read more
HFF Secures $66M Refi for Plaza 183 Retail Center
Holliday Fenoglio Fowler LP (HFF) secured $66 million in refinancing for Plaza 183, a 97%-leased, open-air retail center in Cerritos,… Read more
Treasury Expands Shell Company All-Cash Deal Program to CA
The U.S. Treasury Department is expanding a program to California deemed successful in Manhattan and Miami that tracks real estate purchases by shell companies.… Read more
Kilroy Divests Assets, Land to HCP for $49M
Los Angeles-based Kilroy Realty Corp. sold a value-add life science campus portfolio in north San Diego to an affiliate of… Read more
Lee & Associates Completes 162K-SF Rialto Lease
Green Bay, WI-based Englewood Marketing Group West, Inc. signed a 162,820-square-foot lease at Newport Beach, CA-based Alere Property Group LLC’s… Read more
Buchanan Street Partners Expands Bridge Loan Platform, Adds Executive
There’s still a few hours remaining for you to register in advance for Connect Orange County on Thursday, July 28.… Read more
Irvine Co.’s Santa Clara Square Retail Phase Opens
Irvine Company Retail Properties’ commemorated the grand opening of Santa Clara Square Marketplace this week. The 160,000-square-foot shopping and dining… Read more
CBRE Arranges $140M Land Acquisition Loan for LeEco
Los Angeles-based CBRE Group Inc. secured a $140-million land acquisition loan for a 48.6-acre, nine-parcel site located at 3005 Democracy… Read more
Vizio Acquired by LeEco for $2B
Chinese video streaming company LeEco is acquiring Vizio, an Irvine, CA-based budget-priced TV and audio company for $2 billion. The… Read more
Carey Watermark Diversifies with UTC Marriott Hotel Acquisition
New York-based REIT Carey Watermark Investors 2 Inc. (CWI 2) acquired the San Diego Marriott La Jolla from an affiliate… Read more
Kevin Hayes Unveils New Venture, Pendulum Property Partners
In just two days, we will raise the curtains on our annual gathering of some 500 CRE leaders in Orange… Read more
Visa Expands Bay Area Footprint with New Silicon Valley Office
Visa Inc. plans to open a new office in the Silicon Valley at the Minkoff Group’s redeveloped 385 Sherman Ave. in… Read more