California
Rising & H.I.G. Realty Partners Purchase DTLA’s 733K-SF Garland Center
Los Angeles- based Rising Realty Partners, together with H.I.G. Realty Partners and Silverpeak Real Estate Partners, has purchased The Garland… Read more
Scripps Opens $130M MOB in La Jolla
Scripps Health opened a $130-million outpatient facility at Scripps Memorial Hospital in La Jolla, CA. The seven-level medical pavilion unites… Read more
Claremont Project Receives Upland Approval
A 75-acre site owned by the Claremont University Consortium, that sits in two cities, has been approved for development. The… Read more
Office Development Surges, Once Again
For more on Orange County’s booming construction, check out Connect Orange County on July 28. Construction of office projects are… Read more
Wild Exuberance Leaks Out of Luxury Condo Market
San Francisco-based Paragon Real Estate issued its latest real estate report that detailed a number of significant changes that are… Read more
Mitsui Fudosan Proposes 43-Story DTLA Tower
Connect Los Angeles is tomorrow in DTLA. Here’s how to join us: Plans have been filed with the City of LA for… Read more
Clinton Claims California, Earns Nomination
It’s been known that Donald Trump clinched the Republican nomination, and now Hillary Clinton earned the Democratic party nomination with… Read more
Mentor Properties Snags 325 Phoenix MF Units
Mentor Properties Inc. struck a deal with California’s Warren Properties to buy Warren House East and Warren House North. Upon… Read more
Irvine’s Bascom Group Acquires MF Asset
Irvine, CA-based The Bascom Group, LLC acquired acquired Melograno at Teravista, a more than 300-unit multifamily asset in Round Rock,… Read more
Rancho Santa Fe Mixed-Use Commences Construction
San Diego-based Newport Pacific Inc. is starting construction on the residential component of Palma de la Reina, a $40-million mixed-use… Read more
Hanley Investment Group Completes $8.57M Retail Transaction
Corona del Mar, CA-based Hanley Investment Group Real Estate Advisors negotiated the sale of Seven Trees Shopping Center, a 150,338-square-foot… Read more
Largest Ever Mission District Project Approved
San Francisco’s Planning Commission granted approval to 2070 Bryant St., the largest housing project in the history of the Mission… Read more
Hudson Pacific Acquires Wilshire Tower for $311M
Los Angeles-based Hudson Pacific Properties is acquiring 11601 Wilshire Blvd. from a fund managed by Blackstone for $311-million. The 500,475-square-foot,… Read more
Multifamily REITs Blame Lower Revenue on More Supply
Ramped-up apartment supply in San Francisco and New York are hurting multifamily REIT revenues. Specifically, Essex Property Trust revenue dropped… Read more
JLL Acquires Construction Consultant Merritt & Harris
In a move to boost its project and development offerings, Jones Lang LaSalle (JLL), headquartered in Chicago, acquired Merritt &… Read more
Runyon Group: Keys to Creating Culture & New Communities
This Thursday, June 9, Runyon Group’s Principal Joseph Miller will take the stage at Connect Los Angeles to discuss “Work,… Read more
Do Election Years Impact CRE: CBRE’s Frager Says No
By Dennis Kaiser A common theory persists that there’s always a slow-down in commercial real estate in election years. CBRE’s… Read more
Hager Pacific Acquires Four Assets for $35M
Newport Beach, CA-based Hager Pacific Properties acquired four assets in California and Wisconsin for $35 million. The additions include a… Read more
Oakland Tribune Tower Among Trio of Buildings For Sale
Three Oakland office assets associated with embattled businessman Tom Henderson are being offered for sale, including the city’s iconic Oakland… Read more