California
CalPERS Cites Stock Losses for Low Investment Gain
Heavy stock losses were cited as the biggest contributors to CalPERS’ lowest annual gain since the last financial crisis. The… Read more
San Diego Office Asking Rates Hit Record High
The latest CBRE research for the second quarter shows asking lease rates for the San Diego office market office continued… Read more
C&W Brings Buchanan Street Partners’ Complex to 97% Leased
Leasing activity accelerated at Newport Beach, CA-based Buchanan Street Partners’ Gateway Corporate Center, bringing the two-building complex to 97% occupancy.… Read more
CBRE Completes Historic Office Building Sale in Old Towne Orange Plaza
Connect Orange County is coming up on July 28. Find out more and register here! CBRE Group, Inc. completed the sale… Read more
CBRE Global Investors Sells San Jose Marriott for $154M
New York-based REIT Carey Watermark Investors 2 Inc. (CWI 2), acquired the downtown San Jose Marriott Hotel from Los Angeles-based… Read more
3980 Wilshire Secures LA Planning Commission Blessing
A proposed seven-story, 222,000 square-foot residential project is headed for LA city council review now that it passed planning commission… Read more
Korean Buyer Shells out $246M for Seattle’s Amazon Phase VIII
Mirae Asset Global Investments of Korea is the new owner of Amazon Phase VIII, a 12-story, 317,000-square-foot retail and office… Read more
CA-Based CT Realty Makes 417K-SF Buy in Phoenix Area
CT Realty of Newport Beach, CA has entered the Phoenix commercial real estate market with a $27.3 million acquisition of… Read moreKTGY ACE Mentor Program Achieves Milestone
KTGY Architecture + Planning’s Los Angeles office is completing its fifth year of ACE (Architecture-Construction-Engineering) Mentor Program Los Angeles at… Read more
Port Picks Protea’s Plan to Replace Seaport Village
The San Diego Unified Port District voted 6-1 in favor of Protea Waterfront Development’s Seaport San Diego, a proposed $1.2… Read more
Disney, Wincome Plan Luxury Hotels in Anaheim Resort District
Connect Orange County is coming up on July 28. Find out more and register here! Burbank, CA-based Walt Disney Co.… Read more
Clarion Acquiring Oakland Asset for $211M
New York-based Clarion Partners is acquiring 1999 Harrison St., from San Francisco-based DivcoWest Properties for reportedly more than $211 million.… Read more
Newmark Cornish & Carey Says Sluggishness Persists in Silicon Valley Q2 Office Market
Newmark Cornish & Carey’s Q2 2016 Silicon Valley office market report reveals the slow start to 2016 continues. Compressed supplies… Read more
Bixby Expands Seattle-Area Footprint with 206K-SF Industrial Buy
Bixby Land Co. further solidified its Seattle presence through acquisition of the 206,463-square-foot Steele Building. Panattoni Development Co. sold the… Read more
IRA Capital Advisors Acquires Poinsettia Plaza for $50M
Irvine, CA-based IRA Capital Advisors, LLC acquired Poinsettia Plaza, a 153,200-square-foot, 84% leased specialty retail shopping center in Ventura, CA… Read more
Carlsbad Mall Changes Hands in Brookfield-Rouse Deal
The Shoppes at Carlsbad retail center is now officially in the hands of Brookfield Asset Management Inc., as a result… Read more
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