California
Turner Crossing Logistics Facility Achieves Milestone in Rancho Cucamonga
Newport Beach’s Turner Real Estate Investments has raised the perimeter walls on its 116,480 square-foot logistics center, Turner Crossing, in… Read more
Rexford Industrial Swoops Up $191M Industrial Portfolio
Rexford Industrial, a Los Angeles-based REIT, has acquired a private REIT with a portfolio of nine industrial properties in core… Read more
Eastdil’s David Milestone Joins Kevin Shannon at NGKF
By: Daniella Soloway NGKF Capital Markets has added another seasoned executive to its roster in Los Angeles. Working alongside West… Read more
Capital One Secures $60.6M Refi for SF Office Tower
Capital One Bank’s Commercial Real Estate Group provided a $60.6-million, seven-year, interest-only loan to refinance Rialto on New Montgomery, a… Read more
Solana Beach Medical Complex Acquired by Krikorian Entity
Two medical office properties in Solana Beach were acquired for $15.5 million by Redondo Beach-based Showprop Monrovia LLC, an affiliated… Read more
Solid Industrial Base Lays Foundation for Diversified Economy in SB County
San Bernardino County is a land of opportunity, but it must find ways to diversify its economy beyond its strong… Read more
Newport Beach Considers Related’s 26-Story Museum House
Related California Urban Housing, the West Coast affiliate of New York-based Related Companies, unveiled its latest vision for Museum House,… Read more
Transforming Union Station into an Urban Destination
The Metropolitan Transportation Authority is planning a multimillion-dollar restoration of LA’s 77-year-old Union Station. The transformation of the iconic landmark involves… Read more
American Apparel Cuts 450 Jobs, Consolidates Space at HQ
American Apparel cut 450 jobs in Southern California last week, and is eyeing another 150 layoffs this week. The massive… Read more
Wylie to Consolidate Houston-Area Ops
Wylie Laboratories Inc., headquartered in California, will consolidate its Houston operations by relocating to 78,000 square feet at 2400 NASA… Read more
Deutsche and IBM Seek FinTech in Silicon Valley Innovation Lab
By: Daniella Soloway Germany-based Deutsche Bank has partnered with IBM to introduce its newest innovation lab in Palo Alto, California.… Read more
Paragon Says SF Condo Supply Demand Dynamic Is Changing
San Francisco’s condo market is shifting, according to Paragon Real Estate’s latest market report. The market continues to be white… Read more
Initial Phase Opens on $375M Waterfront Project
A dual-branded, 400-unit, 19-story hotel opened its doors this week on San Diego’s downtown waterfront. The new Marriott SpringHill Suites/Residence… Read more
Heslin Holdings Acquires Fontana Industrial Property
Laguna Hills-based Heslin Holdings, Inc. has completed a series of transactions, including the acquisition of a multi-tenant industrial property in… Read more
Aldi Opens 3 Stores in OC, Plans “At Least” a Dozen More
International grocer Aldi is set to open three stores in Orange County later this month, including Anaheim, Fountain Valley and… Read more
George Smith Partners Secures $30M for Hollywood MF Project
Los Angeles-based George Smith Partners secured $30 million in bridge financing for 3.48 acres of fully entitled multifamily development land… Read more
Verizon Joins List of Yahoo Suitors
The number of bidders for Sunnyvale-based Yahoo Inc. is growing. Verizon Communications Inc. plans to make a first-round bid next… Read more
$125M Overture Reaches For High Note in San Diego
San Francisco-based Presidio Bay Ventures and Sloan Capital seek city approvals to build Overture, a $125-million, 40-story residential tower in… Read more