California
Broadbridge LA Secures $164.5M Redev Capital for Broadway Trade Center
Broadbridge LA, LLC, a joint venture of an affiliate of New York-based Waterbridge Capital and New York-based Continental Equities Group,… Read more
George Smith Partners Secures Financing for Asset in Emerging LA Neighborhood
Los Angeles-based George Smith Partners arranged $12.5-million in acquisition financing for the William Penn Apartments, a 200-unit multifamily property in… Read more
CBRE Completes Montclair MF Transaction
Los Angeles, based CBRE Group, Inc. completed the sale of The Evart Street Apartments located in Montclair, CA to Hacienda… Read more
Kilroy Realty Shrinks Size of 1.1M SF Carmel Valley Development
Los Angeles-based Kilroy Realty is downsizing its proposed One Paseo development in San Diego’s Carmel Valley in hopes of securing… Read more
Irvine Co. Gets ‘Go-Ahead’ on 942-Unit Cupertino Redev
The Irvine Company received city council approval on its redevelopment plans for The Hamptons in Cupertino, CA. The older apartment… Read more
Facebook Releases More Details About Menlo Park Campus
The latest renderings have surfaced of Facebook’s Frank Gehry-designed Menlo Park, CA campus expansion. The design retains the large, open-floor… Read more
Hines Team Takes Last Transbay Dev Site for $160M
A joint-venture that includes Houston-based Hines, San Francisco-based Urban Pacific Development LLC and Goldman Sachs Group Inc.’s Broad Street Principal… Read more
Caruso’s Palisades Village Receives Final Approval
Los Angeles-based Caruso Affiliated received final LA City Council approval on Palisades Village, a 116,000-square-foot mixed-use complex in Pacific Palisades,… Read more
Manufacturing Jobs Continue Migrating to Inland Empire
The Inland Empire is adding more manufacturing jobs, while L.A. County is shedding them. The Inland Empire’s manufacturing sector added… Read more
CBRE Completes Off-Market Industrial Sale
CBRE Group, Inc. completed the sale of an industrial building in Orange County to CTS Cement Manufacturing Corporation. The 58,303-square-foot… Read more
A First for Uber, Expansion into Peninsula via $68M Lease
Uber Technologies Inc. expanded into Palo Alto, CA with a 140,000-square-foot lease at Stanford Research Park, valued at $68 million.… Read more
Universal CityWalk Plans Bold Revitalization
Universal CityWalk is set to undergo a revitalization designed to retain the popular leisure destination’s contemporary and fresh appeal. The… Read more
Starwood Places $1.2B Mall Portfolio on Sales Block
Starwood Capital Group has reportedly hired Eastdil Secured LLC to broker a seven-mall portfolio acquired from Westfield Corp. in 2012.… Read more
Hunt Mortgages’ $32M Funding Facilitates Phx Apt Buy
Hunt Mortgage Group has provided a $31.8 million Freddie Mac loan facility to finance the acquisition of Arboretum at South… Read more
Savills Studley Completes $229M Mira Mesa Retail Deal
Savills Studley’s National Retail Services Group represented the sellers of two trophy Southern California shopping centers, one located in San… Read more
Progressive Real Estate Partners Completes Meineke-Anchored Deal
Rancho Cucamonga, CA-based Progressive Real Estate Partners completed the sale of a 17,324 square-foot multi-tenant auto park to a private… Read more
CBRE Net Lease Transaction Bears Fruit
CBRE Group, Inc. completed a net-lease investment sale of a property in Tustin, CA for $18.75 million. The 39,018 square-foot… Read more
WeWork Expanding Again in The City?
New York-based WeWork, the co-working space giant, is reportedly in negotiations to open another location in San Francisco, marking its… Read more
Hot Market: Long Beach’s Multifamily with Robert Stepp
By Dennis Kaiser For more on what’s next in the multifamily sector, be sure to register for Connect Apartments 2016. … Read more