California
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
San Diego Ranks No. 16 on CBRE’s “Tech Talent Scorecard”
San Diego ranks 16th on CBRE Group, Inc.’s “Tech Talent Scorecard.” The annual report, “Scoring Tech Talent,” ranks 50 U.S.… Read more
A Look at Amazon’s Rapid Inland Empire Growth
Since 2013, Amazon’s completed eight leases in the Inland Empire that’s resulted in a massive expansion of 7.2 million square… Read more
SpaceX Lands at Irvine Creative Property
SpaceX signed a five-year lease for nearly 8,000 square feet at Kelemen Caamaño Investments’ 96 Corporate Park, a three-story building… Read more
Cushman & Wakefield Scores Warriors Chase Arena Assignment
Cushman & Wakefield landed a 100,000 square-foot leasing assignment for the retail and restaurant space at Chase Center, the NBA… Read more