California
260-Unit Residential Project Approved for Fred Segal Site
A new mixed-use urban environment is set to arise on the Fred Segal site at 500 Broadway in Santa Monica.… Read more
Construction Activity Grows Slowly in 2016
JLL’s U.S. Construction Outlook reports that construction activity is expected to grow this year, but at a slower rate than… Read more
Russellville Commons in Portland Sells to MG Properties
MG Properties Group has acquired the 283-unit Russellville Commons Apartments in Portland, OR. The San Diego-based buyer paid $57.8 million… Read more
Carlyle’s 196-Unit Oakland Project Moves Forward
Carlyle Group is backing Wood Partners’ in a 196-unit residential project in Oakland’s Broadway-Valdez district. The Washington, DC-based private equity… Read more
San Diego Seeks to Redevelop Venerable Seaport Village
The Port of San Diego is seeking redevelopment proposals to create an “iconic” new vision for the city’s aging Seaport… Read more
UPS Adds, Expands Ontario Airport Footprint
UPS added a new 416,000-square-foot air sorting facility, and expanded its existing ground sorting building to nearly 900,000 square feet… Read more
Hanley Sells $18.5M Retail Center for LBG
LBG Real Estate Companies (LBG) sold a prime, recently-redeveloped retail center in Huntington Beach to an unnamed private Orange County-based… Read more
CBRE Team Departs for NGKF
Newmark Grubb Knight Frank (NGKF) added a team of respected tenant representative and agency leasing pros to its downtown Los… Read more
CONNECT RETAIL: Nordstrom Targets Millennials With Festival Pop Ups
Connect Retail is our weekly column on the sector, authored by veteran CRE writer Ian Ritter. If there are any… Read more
Q&A: NFL Stadium and Hollywood Park’s Impact on CRE
Connect Media asked an early-mover in Inglewood how the Hollywood Park and NFL Stadium impacted CRE investment in the areas… Read more
Lennar Urban’s $3B Candlestick Point Approved
Lennar Urban received good news about its massive mixed-use Candlestick Point development. Two city commissions approved amended development plans that… Read more
Investcorp Spends $114M on Two MF Assets
Investcorp’s U.S.-based real estate arm acquired multifamily properties in Minnesota in two separate deals. The New York City-based Investcorp and… Read more
Chargers’ Downtown Stadium Details Leaked
Plans leaked this week about a new downtown stadium for the Chargers. The NFL team is preparing a ballot initiative… Read more
Bohannon Development Breaks Ground on Menlo Gateway
Menlo Gateway, a 16-acre mixed-use development in Menlo Park, broke ground this week to transform a dated industrial park into… Read more
$15M Federal Grant Funds New Manufacturing Training Center
The Inland Empire is heavily dependent on the industrial sector, as a result of massive investment in warehouse, distribution, logistics,… Read more
Orange County Least Expensive CRE Market
Although total Orange County market office rents increased 27.2 percent since 2012, while industrial rents have risen 24.8 percent through… Read more
Kennedy Wilson Sells Fred Segal Building
A 29,000-square-foot building best known as Fred Segal, an icon in the fashion world, was sold for an undisclosed price… Read more
Virgin America Eyes Sale
Virgin America is reportedly considering selling all or part of the company. The Burlingame-based airline hired an unnamed financial advisor… Read more
Drever Buys Lake Jackson MF
California-based Drever Capital Management acquired the Villages at Lake Jackson from Spyglass Capital Partners of Demarest, NJ. The 174-unit, garden-style apartment… Read more