Newport Beach
Marcus & Millichap Closes Sale of Manufactured Home Park in Lakewood
Marcus & Millichap closed the sale of Los Amigos Mobile Home Park, a 72-site manufactured home community on 7.46 acres… Read more
Brennan, WDIP Team Up on Temecula Sale-Leaseback
Brennan Investment Group has partnered with Walker & Dunlop Investment Partners to acquire a freestanding manufacturing and distribution facility. It totals… Read more
CareTrust REIT Acquires Vista SNF Through Joint Venture
CareTrust REIT said Wednesday it had completed a joint venture investment to acquire La Fuente Post Acute, a 187-bed skilled… Read more
Landsea Opens Alameda Townhome Development
Landsea Homes Corporation said its newest Bay Area community, Alameda Marina, has officially grand opened. Homes are now selling and model homes are available… Read more
Port of LA Issues Draft Plan for San Pedro Waterfront Connection
The Port of Los Angeles released a draft Waterfront Connectivity Plan for San Pedro, a long-term planning and visioning document… Read more
ExchangeRight Subscribes DST Offering Across 11 States
ExchangeRight, one of the nation’s leading providers of diversified real estate DST and REIT investments, fully subscribed its Net-Leased Portfolio… Read more
TMG Closes Sale of Whittier Apartments with 99-Year Ground Lease
The Mogharebi Group (TMG) arranged the $31.25-million sale of Citrus Court, 138-unit apartment community in Whittier. The garden-style community located at… Read more
Left Coast Brewing Joins Tenant Roster at Ontario Neighborhood Center
Lewis Retail Centers has signed a 5,000-square-foot lease with San Clemente-based Left Coast Brewing Company at The Collection, a 96,000-square-foot neighborhood… Read more
Alloy Properties Completes Life Science Conversion in Sorrento Mesa
Alloy Properties has completed the office-to-life science construction of Elements, a three-building, 290,000-square-foot life science campus located on 7.9 acres at 10201-10241… Read more
Partner Valuation Advisors Names West Coast Managing Director
Partner Valuation Advisors, a national commercial real estate valuation advisory firm, has added Phillip Hanshew as managing director in San… Read more
URW Divests Valencia Town Center to Centennial for $199M
Dallas-based Centennial has acquired Westfield Valencia Town Center in Santa Clarita from Unibail-Rodamco-Westfield (URW), Although the buyer didn’t disclose the… Read more
Swig, SKS Finalize Deal for 350 California in San Francisco
The Swig Company and SKS Partners completed the purchase of 350 California St., a Class A office tower in San Francisco’s Financial… Read more
Mixed-Use Culver City Property Trades for $780K Per Unit
CBRE finalized the sale of The Oliver, a mixed-use property with 30 multifamily units and 8,665 square feet of ground-floor… Read more
Kidder Mathews Markets California Realtors Headquarters for Sale
Kidder Mathews is exclusively marketing the property at 525 S. Virgil Ave. in Los Angeles for sale. Brokers John Anthony, Christopher Steck, Christopher Giordano; and Casey… Read more
JPI Hosts Multifamily Market Roundtable
Multifamily developer JPI recently hosted a roundtable with industry experts in Irvine. The panel included Payton Mayes, CEO of JPI; Jay Parsons, SVP of… Read more
Developers Vie for Redevelopment of Navy’s Old Town Campus
Four developers have submitted proposals to redevelop the U.S. Navy’s Old Town campus in San Diego, reported the San Diego… Read more
AI Company Anthropic Subleases Former Slack Headquarters Building
Fast-growing artificial intelligence company Anthropic has agreed to lease the entire former Slack headquarters building at Heitman’s 500 Howard St.… Read more
Veritas Says Loans on LA Portfolio Remain in Good Standing
Loans on properties managed by Veritas Investments in Los Angeles were recently characterized by industry reporting as not being in… Read more
California People and Company News for Sept. 1, 2023
Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with… Read more