Los Angeles
Xebec Picks Up 10 Acres, Plans Mid-County ‘Last Mile’ Development
Xebec acquired a 10-acre infill/last mile industrial site in SoCal’s Mid-Counties submarket, and plans to develop a 233,789-square-foot Class A… Read more
HCP Unloads Sherman Oaks MOB for $20M
Connect Healthcare is slated for October 29 and 30 at The Resort at Pelican Hill. Follow this link for more… Read more
CBRE Global Strikes Deal for Signature Ridge Apartments
SPUS8 Signature Ridge LP, a partnership controlled by CBRE Global Investors, acquired the 612-unit Signature Ridge Apartments, one of San… Read more
TruAmerica Expands Footprint with $86M Fountain Valley Buy
Connect Orange County is just around the corner. In case you didn’t know, it is just about the biggest CRE gathering… Read more
CIM Group Completes 34-Story DTLA Tower
Los Angeles-based CIM Group completed construction of 888 at Grand Hope Park, a 34-story, 525-unit apartment tower located at 888… Read more
Space Provider CustomSpace Establishes Tri-State Base
CustomSpace has leased 82,200 square feet of industrial space at 7001 Anpesil Dr. in North Bergen, NJ. The expansion represents… Read more
Mark Lamp Joins CBRE to Lead U.S. Healthcare
Connect Healthcare is slated for October 29 and 30 at The Resort at Pelican Hill. Follow this link for more… Read more
Ross Stores Takes More Than 1M SF at Wonderful Industrial Park in Shafter
Wonderful Real Estate signed a lease with Ross Stores, Inc. for 1,003,071 square feet of industrial space at Wonderful Industrial… Read more
Ocean West, Westbrook Divest Westwood Asset to Goldman Sachs for $93M
Los Angeles-based Ocean West Capital Partners and New York-based Westbrook Partners divested 1640 Sepulveda to a Goldman Sachs Group Inc.… Read more
New Supply, Strong Economy Boost U.S. Hotel Forecast for 2019
New hotel rooms coming onto the U.S. market are not expected to be a concern for established hotel operators because… Read more
Perkins+Will Picks Sheldon to Lead Corporate and Commercial Practice
Perkins+Will appointed David Sheldon to lead its Los Angeles practice focused on mixed-use, corporate, and commercial architecture. He brings more… Read more
AHF Buys Another Hotel for Homeless Housing
The AIDS Healthcare Foundation bought the 204-room Baltimore Hotel in downtown Los Angeles. It’s the latest in its series of… Read more
CBRE JV Buys Stake in Three Malls
Los Angeles-based CBRE Global Investors, in a joint venture with Brookfield Property Partners, acquired a stake in three super-regional malls… Read more
CBRE GI Buys PHX Distribution Facility from Hines for $49M
Los Angeles-based CBRE Global Investors Acquisitions, LLC acquired Southwest Industrial Center in Phoenix from Houston-based Hines for $48.5 million. The… Read more
Horton Plaza to be Reborn as The Campus at Horton by Stockdale
Stockdale Capital Partners acquired Horton Plaza, a 10-acre retail mall in downtown San Diego, from Unibail-Rodamco-Westfield for an undisclosed amount. The… Read more
CommonWealth Claims Boston Seaport Building for Record $450M from Tishman Speyer
Los Angeles-based CommonWealth Partners is reportedly acquiring 200 Pier Four, a new 370,000-square-foot office building in Boston, from New York-based… Read more
Spirited Debate Marks ‘Great Class Divide’ Panel
By Amy Sorter If there is one word that could describe the recent Connect Texas Multifamily conference’s first panel, it… Read more
Vehicular Homelessness Soars with Housing Prices
Although the U.S. Department of Housing and Urban Development doesn’t collect national data on vehicle residency, the category that includes… Read more
Coworking Poised for Significant Growth; Gateway Markets’ Inventory Could Triple
Coworking inventory has grown substantially over the past three years. In fact, half of all current U.S. coworking space has… Read more