California
Phoenix Realty, Blackstone Grab $570M Apartment Portfolio
In a joint venture, Phoenix Realty Group (PRG) and Blackstone Real Estate Partners VIII purchased an extremely large apartment portfolio for… Read more
Petco Sells for $4.6B
Pet-supplies retailer Petco recently sold for $4.6 billion. CVC Capital Partners and the Canadian Pension Plan Investment Board purchased the… Read more
R.D. Olson Completes Construction of Bicycle Hotel & Casino
Bell Gardens is now home to the Bicycle Hotel & Casino, courtesy of Irvine-based R.D. Olson Construction, which developed the… Read more
UBS Buying Oakland Clorox Tower
Oakland is stealing the spotlight from San Francisco as more office buildings are being scooped up in the city across the bay. The… Read more
CIM Group Transforming Sears Hollywood Into a Mixed-Use Development
CIM Group is redeveloping Hollywood’s former Sears department store into a mixed-use project, encompassing 300,000 square feet of retail and 700… Read more
San Diego Hotel-Tax Jump Closer to Reality
It looks like visitors to San Diego could soon be facing a higher hotel room-tax. If approved, a new ballot… Read more
Top 10 Most Expensive Office Streets
In looking at the office market by location, industry, and competition, JLL has ranked the top 10 most expensive streets… Read more
Exorbitant Cost for Bottoms Up
Aside from the increasing costs for real estate, food, utilities, and labor, restauranteurs are reportedly facing a dramatic increase in… Read more
OC Ranks 9th in Best Public Schools
Niche Local released its Counties with the Best Public Schools report, and Orange County came in at number 9 on… Read more
$74M City Surplus Expected By 2021
This month, the San Diego mayor’s financial staff reported the city’s revenues will “modestly improve” into 2021, despite rising expenses.… Read more
$500M NFL Fee for LA Relocation
Is $500-$600 million dollars worth having an NFL team in Los Angeles? NFL owners have agreed to charge that amount… Read more
Google Express Hits IE
Just in time for the holiday season, Google Express, the company’s next-day courier service, drove into Inland Empire. After two… Read more
Prologis Shares Top 5 CRE Trends Today
San Francisco-based Prologis, the largest industrial REIT in the United States, gives insight into the current trends shaping the commercial real estate… Read more
George Smith Secures $21M for Hollywood Mixed Use
Interested? Join us at Connect Westside Los Angeles on Dec. 2 to hear more about the deals dominating this area’s commercial real estate… Read more
San Diego Makes a Strong Case for Start Ups
According to JLL’s 2015 United States Technology Office Outlook, San Diego is following in the footsteps of Silicon Valley. The city… Read more
Hanley Investment Brokers Riverside County Retail Sale
Hemet Plaza, a 58,035-square-foot shopping center in Riverside County, with a True Value hardware store and Big Lots nearby, recently traded… Read more
Sands Investment Group Sells O.C. Food 4 Less
Sands Investment Group (SIG) has brokered the $18.5-million sale of a Food 4 Less grocery store in Stanton. The seller… Read more
Riverside County’s Budget Faces Big Trouble
Riverside County’s budget is facing serious challenges right now. Not only is the county potentially going to have to pay $40… Read more
Prefab Millennium Hotel, Apartments Hitting Sunnyvale
Sunnyvale is getting a new hotel and apartment complex that aren’t being built in the city. The prefab Millennium Hotel… Read more