Los Angeles
Retail West: Westfield Century City’s Mega Makeover Inspires Past, Present
After a $1-billion expansion and re-imagining, one would hope that Westfield Century City would be thriving…and it is, but not… Read more
George Smith Partners Delivers on $50M Boise Multifamily Development
Roundhouse has secured construction financing for its new $50 million apartment project 323 W. Broad St. in downtown Boise, ID,… Read more
Goodman, CPP Increase Equity Commitment to $5.5B in U.S. Logistics Partnership
Goodman Group and Canada Pension Plan Investment Board have committed an additional $2.5 billion in equity to the Goodman North… Read more
CenterPoint Signs 3PL Unis at 1M-SF SoCal Logistics Center
Illinois-based CenterPoint Properties has signed 3pl Unified Network Information Services (Unis) at CenterPoint’s SoCal Logistics Center (SCLC), a 1,034,026-square-foot warehouse… Read more
Camarillo Industrial Pair Trades for $88M
STAG Industrial has sold two Camarillo, CA, industrial buildings totaling 733,819 square feet to an undisclosed buyer for $88 Million.… Read more
LAEDC Releases Tepid 2020/2021 Forecast
According to the just-released Los Angeles County Economic Development Corporation forecast for 2020/2021, California and Los Angeles County are poised… Read more
Industrial’s Top Markets by the Numbers
For net absorption, California’s Inland Empire represents an unassailable peak among U.S. industrial markets, in terms of both fourth-quarter and… Read more
Global Holdings Closes on $380M Deal for NoMad Apartments
A public pension fund, reportedly the Los Angeles County Employees’ Retirement Association, has closed on the sale of the Instrata… Read more
Amazon Expands Portland-Area Footprint
Amazon plans to open two facilities encompassing roughly 370,000 square feet in the Portland area. One will be at the… Read more
NorthRock Obtains $39M Loan Tides on Thunderbird Buy
NorthRock Cos. secured $39 million in financing to acquire Tides on Thunderbird, a 376-unit apartment complex in Phoenix, AZ. The… Read more
TruAmerica Enters Texas, Establishes Central Office
TruAmerica Multifamily of Los Angeles set its stake in the Lone Star State, opening an office in Dallas under the… Read more
Homelessness Crisis Defines Newsom’s State of the State Address
In his second State of the State speech, Gov. Gavin Newsom put his focus on California’s homelessness crisis, calling for… Read more
Westlake Bank of America Campus Trades to Drawbridge
San Francisco’s Drawbridge Realty has acquired a two-story, 253,720-square-foot single tenant office building in Westlake Village, CA, fully leased to… Read more
PRP Real Estate Pays $145M for 3M Buildings
Two office buildings in North Austin leased by 3M Co. now have a new owner. PRP Real Estate Investment Management… Read more
RCA Reports Cross-Border Investment Activity Dips Below $50B
The latest research by Real Capital Analytics (RCA) reveals cross-border acquisitions of U.S. commercial real estate dropped below $50 billion… Read more
Seattle a ‘Must Have’ on Institutional Investors’ Shopping Lists
National investment sales volume across all property types totaled $570.6 billion in 2019, a drop of 1.6% year-over-year, according to… Read more
George Smith Partners Adds Davies to Executive Committee
L.A.-based George Smith Partners (GSP) has promoted principal and managing director Malcolm Davies to join fellow principals and managing directors… Read more
2.4M-SF Century Plaza Office Towers at Full Occupancy
In what is being hailed in a report by the Los Angeles Times as a validation of the strength of… Read more
$110M Pershing Square Redevelopment Funded for Initial Phases
The $110-million redevelopment of DTLA’s Pershing Square is commencing with a phased 10-year plan, expected to include at least four… Read more