California
Potential Trump Tariffs Drive Asian 3PL Companies to U.S. Industrial Space
The Trump administration’s on-again-off-again tariff policies impact deliveries coming into the U.S. from Canada, China and Mexico. As a result,… Read more
Brixton Capital Pays $67.5M for Grocery-Anchored Petaluma Center
Brixton Capital has acquired Washington Square, a 215,506-square-foot shopping center in the Bay Area city of Petaluma, for $67.5 million.… Read more
SunCal Sells 119 Single-Family Lots at Master-Planned Palm Springs Project
Master developer SunCal has sold 119 single-family lots on 19.75 acres at its master-planned community Escena Palm Springs in Palm Springs to… Read more
CBRE Tapped to Manage, Lease Imperial Valley Mall
CBRE was selected to provide ongoing property management and leasing services for the Imperial Valley Mall, located at 3451 S. Dogwood… Read more
Net-Leased Emeryville Data Center Comes to Market
Starboard CRE, reportedly the largest, independently owned commercial real estate firm in San Francisco, has listed 6440 Shellmound St. in… Read more
Federal Realty Acquires Monterey’s Del Monte Center for $123.5M
Federal Realty Investment Trust has expanded its West Coast presence by acquiring Del Monte Shopping Center in Monterey for $123.5… Read more
Repositioned Irvine Offices Achieve High Price Per Square Foot
Cushman & Wakefield represented J+R Group in the sale of 2525 Main St., a 143,269-square-foot office property in Irvine. The Orange County Airport… Read more
Chan Zuckerberg Initiative Signs Full-Building Lease with IQHQ
IQHQ, Inc. has finalized a 225,000-square-foot lease with the Chan Zuckerberg Initiative (CZI) at IQHQ’s Elco Yards district in Redwood City. CZI will fully… Read more
Avatar Closes Bridge Loan on Ripon Industrial, Rocklin Parcel
Avatar Financial Group LLC has closed on a $7.4-million bridge loan secured by a multi-parcel industrial asset in Ripon and a… Read more
CAA: Office-to-Apartment Conversions Accelerate in LA, San Francisco
Office-to-apartment conversions in California are accelerating, especially in Los Angeles and San Francisco, as developers seek to address housing shortages… Read more
Avison Young Lists Beverly Grove Redevelopment Opportunity
Avison Young has been retained to sell The Block on Beverly, a full city block in Los Angeles’ Beverly Grove neighborhood.… Read more
IPA Secures Construction Loan for Extended Stay Hotel in Mission Valley
IPA Capital Markets, a division of Marcus & Millichap, has secured $37.9 million in construction financing for the Element by Westin Mission… Read more
Mogharebi Group Closes Sale of Modesto Apartments
The Mogharebi Group (TMG) arranged the $37,600,000 sale of Summerview Apartments, a 136-unit multifamily community at 3601 Prescott Rd. in… Read more
Ports of LA, Long Beach See Busiest January on Record
Ahead of an expected round of tariffs on goods from China, Mexico and Canada, both the Port of Los Angeles… Read more
Apple Pledges to Spend $500B in U.S. Over Next Four Years
Apple on Monday announced its largest-ever spend commitment, with plans to spend and invest more than $500 billion in the… Read more
Commercial Flex Center Changes Hands in All-Cash Sale
Progressive Real Estate Partners closed the $6,789,000 all cash sale of a 44,290-square-foot multi-tenant commercial flex center at 165 E. Hospitality Ln. in San Bernardino. The center is… Read more
JLH Capital Acquires Leucadia Property from Estate
Cushman & Wakefield arranged the sale of the coastal property located at 1232-1234 N Coast Hwy. 101 in Leucadia (Encinitas).… Read more
Hines Apartments in Daly City Secure Life Company Refi
CBRE arranged $25 million in financing for 88 Hillside Apartments, a 95-unit multifamily community in Daly City, on behalf of Hines. Mike… Read more