California
HFF Brokers $11.1M Fairfax Village Land Dev Sale
For more news on CRE in Los Angeles, attend Connect Los Angeles on June 9 at The Bloc in DTLA.… Read more
CIM Goes Bigger in Oakland
Los Angeles-based CIM Group is increasing the size of a proposed office tower in Oakland, CA. The project could be… Read more
Irvine Co. Opens San Diego ‘Next Gen’ Building, Starts Another
Irvine, CA-based Irvine Company Office Properties completed Eastgate Summit, a 65,000-square-foot ‘next gen’ office building at its 1.5-million square-foot, 24-building… Read more
Decision Delayed on SoCalGas Transmission Pipeline
Approval of Southern California Gas Co. and San Diego Gas & Electric’s proposed 65-mile natural gas pipeline has been delayed… Read more
Spring Thaw Hits CRE Prices
Signs of renewed vigor are emerging in CRE pricing after a quiet winter period, reports Irvine, CA-based Ten-X. In the… Read more
Granite Completes Nearly $80M Tri-Cities Acquisition
Plano, TX-based Granite Properties acquired 550 North Brand Blvd., a 21-story office tower in Glendale, CA for nearly $80 million… Read more
Bridge Investment Pays $75M for Phoenix MF
Utah-based Bridge Investment Partners LLC has acquired the 856-unit Saratoga Ridge apartments in Phoenix for $75.5 million. Variable Annuity Life… Read more
CBRE Brokers Carlsbad Creative Office Land Sale
Los Angeles-based CBRE Group, Inc. completed a 3.1-acre land sale in Carlsbad, CA for $2.9 million. Costa Mesa, CA-based Burke… Read more
IPA Handles $27.75M MF Sale
San Francisco-based Fowler Property Acquisitions sold Tesoro Apartment Homes in Redlands, CA to an unnamed private investor for $27.75 million.… Read more
Wraps Come off Paséa for Memorial Day Weekend
The Paséa Hotel & Spa hosted a soft opening leading into the Memorial Day weekend. The 250-room Huntington Beach, CA… Read more
Irvine Co. Adds $40M Acquisition to Peery Park Project
Newport Beach, CA-based Irvine Company acquired four buildings in Sunnyvale, CA’s Peery Park for a reported $40 million from Menlo… Read more
HFF Hangs Phoenix Shingle
Holliday Fenoglio Fowler LP (HFF) is expanding its U.S. western presence by opening an office in Phoenix. The office is… Read more
Gensler Unveils New Designs for AltaSea
The Port of Los Angeles’ massive AltaSea marine research campus is slated to break ground later this year, and will… Read more
$217M InterContinental Hotel Advances on San Diego’s Waterfront
Construction is underway on a new 18-story InterContinental hotel near San Diego’s waterfront, scheduled to open in the fall of 2018. The… Read more
Amazon’s Economic Engine Adds More Horsepower in IE
Seattle-based Amazon continues to expand in California, adding two new fulfillment facilities, including one in Eastvale, and another in Tracy.… Read more
Irvine Co. Completes $1.2B MF Loan Program
The Irvine Company took out $1.16 billion in mortgages on 19 multifamily properties located in Orange County, the Bay Area… Read more
NGKF’s “Game-Changing” Bay Area Capital Markets Move
Newmark Grubb Knight Frank (NGKF) Capital Markets continues its nationwide expansion, with the addition of market-leading investment advisors Steven Golubchik,… Read more
BKM Snags 305K-SF AZ Industrial Portfolio
BKM Capital Partners struck an off-market deal for a 305,523-square-foot, three-property RREEF light-industrial portfolio. The Irvine, CA-based investor paid $24.1 million… Read more
Behind The Bloc: A Conversation With The Ratkovich Co.’s Clare De Briere
Connect Media’s Daniella Soloway caught up with Clare De Briere, chief operating officer and executive vice president of The Ratkovich… Read more