Irvine
Key SoCal Multifamily Prime for Investment, Upgrades
With an eye toward renovations, investor and operator Waterton recently acquired 310 units of The Vue, a 16-story fractured-condo rental… Read more
Irvine Company Inks 60K SF in Leases at Spectrum Terrace
Irvine Company signed two leases totaling nearly 60,000 square feet at Spectrum Terrace in Irvine. The 1.1-million-square-foot campus brings together… Read more
Construction Management Firm CREDE Opens NJ Office
CREDE, an Irvine, CA-based commercial real estate development and construction management company, has expanded into the Mid-Atlantic region with a… Read more
Panattoni Developing $356M, 2.8M-SF Distribution Center in Arlington
Irvine, CA-based Panattoni Development Co. plans to develop a $356-million, 2.8 million-square-foot distribution center next to Arlington Municipal Airport in… Read more
New $500M Fund Formed to Buy Distressed Hospitality Assets
Los Angeles-based Bainbridge DXS and Torrey Pines Hotel Group formed a partnership to launch a full-service hospitality investment and management… Read more
CushWake Brokers $32M Sale of Macy’s Distribution Center in Tampa
Cushman & Wakefield has brokered the $32 million sale of the Macy’s Distribution Center in Tampa. Located at 4130 W.… Read more
Praelium, Shopoff JV Snags Santa Barbara Tech Campus
Irvine-based Shopoff Realty Investments and Praelium Commercial Real Estate acquired Castilian Technical Center, a 165,905-square-foot headquarters property in Goleta. The… Read more
Avanath Closes Fund Following $760M Raise
Irvine-based Avanath Capital Management, LLC announced the final close of its fourth discretionary fund with a total of $760 million… Read more
Pasadena Builder Buys 3,052 Residential Lots in Calimesa
JPMB Investments, a Pasadena-based builder, acquired an unfinished development site in Calimesa that encompasses 3,052 approved home sites. The undeveloped… Read more
San Antonio’s Fundamentals Attract Passco Investment
Passco Companies recently acquired Lenox Overlook, a newly constructed 338-unit luxury apartment community in the North Central submarket of San… Read more
Shopoff Divests Mission Viejo Retail Center for $15M
Irvine-based Shopoff Realty Investments sold the 27,000-square-foot Los Alisos Village shopping center in Mission Viejo for $14.5 million. The buyer… Read more
Goodman Starts Construction on 1.1M-SF Fontana Logistics Campus
Irvine-based Goodman commenced construction on Goodman Logistics Center Fontana III, a 1.1-million-square-foot logistics campus in Fontana. The Inland Empire West… Read more
Irvine Investor Secures Financing for Nearly 1M-SF Industrial Portfolio
Irvine-based The Moulton Company secured a $69-million loan for a four-property industrial portfolio totaling 991,634 square feet across the southwestern… Read more
Sares-Regis Sells Phoenix Apartment Community for $90M
Alanza Place Apartments in Phoenix traded hands for more than $90 million. The 360-unit multifamily asset was acquired by a… Read more
McShane Construction’s Jeff Raday Stepping Down
After serving as president of McShane Construction Company for 22 years, Jeff Raday will retire at the end of the… Read more
Shopoff Chula Vista Development Receives Unanimous Approval
Irvine-based Shopoff Realty Investments secured unanimous Chula Vista city council approval for its 141-unit Moss Street Townhomes development. The property… Read more
TriWest North Phoenix HQ Campus Sold for Nearly $20M
TriWest Corporate Headquarters Campus, a four-building office property in Phoenix’s Deer Valley, was acquired by Florida-based Phoenix AZ Holdings LLC… Read more
Edward Hussey Joins Sabal to Lead Agency Lending
Irvine, CA-based Sabal Capital Partners, LLC hired Edward Hussey as head of agency lending. Based in Virginia, Hussey will be… Read more
Lawyers in Real Estate 2020: Mayer Brown’s Edgar Khalatian
Edgar Khalatian is a partner in Mayer Brown’s Los Angeles office. He primarily represents investors and developers in all aspects… Read more