California
San Diego Trio Make C&W’s Cool Streets List
Three San Diego neighborhoods made Cushman & Wakefield’s 2016 Top 100 Cool Streets of America list. The recently released report… Read more
Long-Awaited Retail Center Development Gets New Owners
Regency Centers and Target Corp., divested Murrieta Marketplace, a 49.29-acre land parcel in Murrieta, CA for reportedly $18 million. Murrieta… Read more
Hyatt House Opens by Disneyland
Prospera Hotels opened Hyatt House, an extended-stay hotel on Harbor Blvd. by Disneyland Resort. The 5-story, 262-room hotel features studios… Read more
Google’s 612K Moffett Gateway Deal Largest of 2016
Google reportedly signed a lease to take the entire 612,500 square feet available at Jay Paul Co.’s Moffett Gateway, a… Read more
Colliers Completes $58M Valencia Retail Deal
Northpark Village Square in Valencia, CA traded hands in a $58-million transaction negotiated by Colliers International. The 87,103-square-foot grocery-anchored retail… Read more
$75M Phoenix Warehouse Sale Highest Since 2012
Koll Co., based in Newport Beach, CA, has paid out $74.7 million to acquire a 1-million-square-foot distribution center in Phoenix.… Read more
Omgivning Unveils Plans for Historic DTLA Broadway Trade Center
Waterbridge Capital is breathing new life into an historic DTLA building that was originally constructed in 1908. Located at 801… Read more
Mesa Garden MF Complex Sells for $24M
Mesa Garden, a 124-unit apartment complex in Vista, CA, was sold for $24.2 million. The private investment group buyer was… Read more
Starbucks-Anchored Sale Sets Two Records
Hanley Investment Group Real Estate Advisors completed the sale of a Starbucks-anchored multi-tenant pad building located at the Stater Bros.… Read more
One Front St. On Market for $520M
One Front Street is being marketed for sale by Eastdil Secured in a deal that could exceed $520 million. The… Read more
Richman Group Completes First SoCal Project
For more on development and upcoming projects in OC, be sure to attend Connect Orange County on July 28. La… Read more
Douglas Emmett, QIA Acquire 12100 Wilshire for $225M
Santa Monica-based Douglas Emmett, Inc. acquired 12100 Wilshire Blvd from a fund managed by Houston-based Hines for $225 million. The… Read more
Natsis Advises Keep a Lid on Pessimism, Relax
The latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey was released this week. Connect Media’s Dennis Kaiser asked… Read more
Hudson Pacific Aims to Raise $585M in 20M Stock Offering
Los Angeles-based Hudson Pacific Properties plans a public offering of roughly 20 million shares of common stock that will go… Read more
Lennar Sells IL-Based Tapestry Apartments for $73M
Lennar Multifamily Communities sold a 298-unit apartment property, Tapestry, to Stockbridge Capital Group, a San Francisco investment firm. Seller Lennar… Read more
Trammell Crow Completes Next Phase of Innovation Village
Southern California Edison’s third 125,000-square-foot office and engineering facility opened at Innovation Village Research Park, a 65-acre, 1-million-square-foot project at… Read more
Manulife US REIT Lowers Interest Cost with $300M Refi
Singapore-based Manulife US Real Estate Investment Trust entered into separate loan agreements with Wells Fargo Bank, National Association and Royal… Read more
CBRE Report: Continued E-Commerce Growth Yields Outsized Swell for Inland Ports
The rapid growth of e-commerce fueled development of warehouses and distribution centers in the 12 primary U.S. inland-port markets at… Read more