California
Union-Tribune Relocates Downtown
After more than 43 years, the San Diego Union-Tribune is returning to its downtown roots. The Tribune Publishing-owned newspaper is… Read more
Rare Stater Bros. Plaza on Market for $35M
Hanley Investment Group is handling a rare retail listing in low supply in Southern California. The Corona del Mar, CA-based… Read more
Drawbridge Realty Acquires Santa Ana Asset for $37M
San Francisco-based Drawbridge Realty acquired a 171,330-square-foot office/R&D building in Santa Ana, CA from Del Mar Partnership for $37 million.… Read more
Speedier Development Approval Process Proposed
A new plan that is expected to expedite approvals for affordable housing is being proposed by California Governor Jerry Brown.… Read more
Should Prop 30 Be Extended?
Proposition 30, the voter-approved measure that imposed higher taxes on wealthy Californians, is currently set to fully expire by the… Read more
Pfizer Strikes $5.2B Agreement with Anacor
Less than a month after pharmaceutical company Pfizer backed away from plans to acquire Allergan plc, it struck a $5.2… Read more
$59.6M Revitalization Nears Completion at The Summit Rancho Bernardo
The Summit Rancho Bernardo office campus’ $59.6-million renovation is nearly complete. San Francisco-based Jay Paul Co. initiated the multi-phase capital… Read more
Historic Route 66 Retail Asset On Market for $28.6M
A nearly 100,000-square-foot historic landmark retail property just hit the market. Thomas Winery Plaza, a multi-tenant center in Rancho Cucamonga,… Read more
CBRE Closes $26.7M Retail Center Sale
Irvine, CA-based PASSCO Companies sold Lincoln Plaza, an 80,922-square-foot community shopping center in the city of Tacoma, WA to a… Read more
Life Sciences Duo Joins Newmark Cornish & Carey
Santa Clara, CA-based Newmark Cornish & Carey added a pair of preeminent life science advisors to its team in the… Read more
George Smith Partners Secures $115.3M Refi for Orsini II in DTLA
Los Angeles-based George Smith Partners secured $115.3 million in cash-out refinancing for the Orsini II, a 566-unit Class A multifamily… Read more
Starwood’s Sternlicht: Don’t Stress Over CRE Bubbles
Boston Federal Reserve president Eric Rosengren has warned that low interest rates are pumping up property values. But strong real… Read more
Bridging the Gap Between Technology, CRE and Multigenerational Teams
By: Daniella Soloway Connect San Francisco’s group of young leaders – Laura Krashakova (CEO, SpaceQuant), Justin Alanis (CEO, Rentlytics), Kristina Owyoung Vinson… Read more
Weeks in Photos: NAIOP SoCal Night at the Fights & Connect San Francisco
Here’s a look at the past two week’s big events: NAIOP SoCal’s Night at the Fights (5/5, Hotel Irvine) and… Read more
San Francisco’s Mixed Use Communities and Their Impact
By: Daniella Soloway Yesterday at the Hibernia Bank, Connect San Francisco kicked off with a panel of industry leaders discussing… Read more
CBRE Reports Strong Absorption Drives Record Low Office Vacancies
The San Diego office market improved, as overall vacancy fell to 12.5% in Q1 2016, a new post-recession low. CBRE… Read more
Pair of Wal-Mart Supercenters Planned on I-15 Corridor
Legal challenges to a Wal-Mart Supercenter in Lake Elsinore, CA have been dismissed, allowing construction to move forward. Another site… Read more
CityView Sets 2017 Opening for $80M Baker Block
Los Angeles-based CityView and Irvine, CA-based Red Oak Investments set a mid-2017 opening for Baker Block, an $80-million, 240-unit luxury… Read more
Hunt Mortgage Builds West Coast Platform
New York-based Hunt Mortgage Group expanded its West Coast presence through the acquisition of the staff of 1410 Partners, LLC,… Read more