California
Amazon Prime Day Boosts IE Industrial Sector
The verdict is out: Amazon Prime Day lived up to the hype. Amazon reported it was the online retailer’s biggest shopping… Read more
Cambridge Relocates U.S. HQ to Irvine Co.’s Santa Clara Square
Cambridge Industries Group (CIG) is relocating its U.S. HQ to Santa Clara Square in Santa Clara, CA. The global telecom… Read more
C&W Notes ‘Throttle Eases’ in San Francisco Office Market
Cushman & Wakefield’s latest 2Q 2016 office market report reveals that the San Francisco CRE market, which soared along on… Read more
Legend 3D Relocates to Kilroy’s Columbia Square
Virtual reality, 3D visual effects and conversion company Legend 3D is joining Viacom’s MTV and Comedy Central, and Fender Guitars… Read more
Chinese CRE Conglomerate Wanda Pursuing Viacom’s Paramount
Viacom Inc. is considering selling a 49% stake in Paramount Pictures to Dalian Wanda Group, China’s largest CRE firm. If… Read more
Hyatt Pays $88M for Phoenix’s Royal Palms Resort & Spa
Hyatt Hotels Corp. struck a deal with Lowe Enterprises for the 119-key Royal Palms Resort & Spa in Phoenix. The… Read more
Averna Relocates to San Rafael Property
Montreal-based Averna is remaining in Marin County after signing a 13,946-square-foot lease valued at $2.5-million at 1600 Los Gamos Dr.… Read more
CBRE Completes $42.75M Sale with Bosa Development
San Diego-based Bosa Development acquired South Bay Corporate Center from a joint venture between Walton Street Capital and Greenlaw Partners… Read more
Bixby Launches Redesign of Mission Viejo’s CERRO
Newport Beach, CA-based Bixby Land Company initiated redevelopment on CERRO, a redesigned mid-rise office building in Mission Viejo, CA. Upgrades… Read more
Blockbuster Property Swap Ends Google, LinkedIn Stalemate
Google Inc. and LinkedIn Corp. struck a unique land swap arrangement that reshapes the Silicon Valley footprint of each company,… Read more
Rexford Completes Nearly $50M in Acquisition and Disposition Activity
Los Angeles-based Rexford Industrial acquired two assets and disposed of two additional ones in Southern California for an aggregate total… Read more
Zhang Departs CBRE for Lee & Associates
Veteran investment and retail broker Dennis Zhang joined Lee & Associates Ontario, CA office. He comes on board from CBRE… Read more
Jonathan Rosenberg Promoted to TCN’s West VP
Jonathan Rosenberg, managing partner and designated broker for LevRose Commercial Real Estate/TCN Worldwide has been promoted to regional vice president… Read more
HFF Closes $28.9M MF Sale in Santee
Looking to network with those making MF deals across the nation? Be sure to register for Connect Apartments on September… Read more
SMG Takes Over Arena Management from AEG
The City of Ontario changed management companies at the city-owned Citizens Business Bank Arena. Pennsylvania-based SMG Worldwide took over management… Read more
Pacific Hospitality Acquires Two AC Hotels
Irvine-based Pacific Hospitality Group acquired two Marriott-branded hotel properties from Dallas-based Woodbine Development Corp. and USAA for an undisclosed amount.… Read more
Affordable Housing Q&A With ROEM’s Alex Sanchez
By Dennis Kaiser Faced with an escalating housing crisis in the Bay Area, the multifamily sector must figure out how… Read more
Century Plaza Hotel Secures $1B Redev Capital
Next Century Partners, LLC. secured $1-billion in financing to redevelop the Century Plaza Hotel. Construction financing was led by a… Read more
