California
Redlands Seeks to Redevelop Historic Packinghouse
When the state eliminated the Redevelopment Agency in 2011, it left many properties in limbo. Since then, cities across the… Read more
High Concentration of Millennials Flock to DTLA
Downtown Los Angeles’ dramatic population growth has spurred strong housing demand. Over the last five years, Downtown’s population has surged… Read more
Steadfast Receives $95.5M Funding for Luxury Seniors Project
Irvine-based Steadfast Companies received $95.5-million in joint-venture equity and construction financing for Crestavilla, a 211-bed, resort-style, fully-licensed seniors housing community… Read more
Hines Inks 424,000 SF at Beltway Southwest
Hines, based in Houston, has leased space to three tenants at its under-construction, 75-acre Beltway Southwest Business Park, located at… Read more
Munchkin Signs Lease at Prologis Redlands Distribution Center
Munchkin, a leading designer and manufacturer of infant and toddler products, has completed a 341,280-square-foot industrial lease at Prologis Redlands… Read more
McGuire Building Acquired for $47M, PDR Use Planned After Redevelopment
Commercial real estate investors/developers, SKS Partners, LLC and ProspectHill Group have acquired the McGuire building in San Francisco for $47-million.… Read more
Angelo Gordon, Lincoln Property JV Refi’s for $53M
A 24-story office tower at 600 B St. in San Diego, owned by a joint-venture between Angelo Gordon and Lincoln… Read more
R.D. Olson Breaks Ground on $120M Irvine Spectrum Marriott
Newport Beach-based R.D. Olson Development broke ground this week on its latest hotel, the 271-room Irvine Spectrum Marriott. Located at… Read more
Pacific Starr Group Sells Pasadena Asset for $44.5M
Pacific Starr Group Inc. has sold Gateway Metro Center, a 121,462-square-foot, 11-story office tower, and a 3.73-acre land parcel in… Read more
Starwood Capital Obtains $1.4B in Financing
Starwood Capital Group, based in Greenwich, CT, has obtained $1.4 billion in Freddie Mac acquisition financing, with help from Irvine,… Read more
Hotel Construction Spree Continues
A hotel development boom is underway in Orange County, and is being fueled by a sizzling tourism industry that saw… Read more
45-Story Tower Unanimously Approved in San Diego
Bosa Development has received unanimous approval from the city of San Diego to move forward on the city’s latest downtown… Read more
Aldi Opens in Eight Inland Empire Markets
Extreme discounter Aldi, who has family ties to Trader Joe’s, is opening its first eight California grocery stores in Beaumont,… Read more
Charles Dunn Names David Pinsel to Lead Brokerage Business
Los Angeles-based Charles Dunn Company named David Pinsel as president of its brokerage services division, replacing Walter F. Conn. Pinsel is a… Read more
Connecting With: Century West Partners’ Michael Sorochinsky
Century West Partners’ co-founder Michael Sorochinsky recently visited Connect Media’s headquarters in DTLA to discuss the company’s existing and up-and-coming multifamily assets… Read more
Equity Residential Sells Palo Alto MF for $412.5M
Woodland Park Communities, an affiliate of Menlo Park-based Sand Hill Property Company, has acquired Woodland Park Apartments in East Palo… Read more
Global Healthcare Firm Takes 125K SF in Moreno Valley
New Zealand-based Fisher & Paykel Healthcare has signed a 125,000-square-foot lease at 24950 Grove View Rd. in Moreno Valley. The… Read more
Related Proposes 26-Story Newport Center Condo Project
Related California Urban Housing LLC is proposing a 26-story condominium tower in Newport Center that’s currently home to the Orange… Read more
Digital Domain Extends Playa Vista Lease
Digital Domain, one of the largest and most influential visual effects studios in the world, has renewed and extended its… Read more