Oakland
$166M Financing Launch Propels The Launch
Debt and joint venture equity has been secured for the development of The Launch, a 368-unit waterfront multifamily community in… Read more
Westcore Acquires “Hard to Beat” San Leandro Site
Westcore recently acquired a 79,629-square-foot industrial building at 2300 Polvorosa Ave. in San Leandro from Blue Sky Foods for $15… Read more
Rob Bonta’s Nomination Moves to State Legislature
Gov. Gavin Newsom submitted the nomination of Alameda Assemblymember Rob Bonta as the next California attorney general, filling the seat… Read more
Oakland Airport is Near the Top of Industrial Rents
Third-party logistics firms, e-commerce companies and retailers are all vying for industrial space with proximity to major airports. Operators are… Read more
CenterPoint is Bullish on Its Investment Prospects
With the February acquisitions of three Los Angeles-area buildings and a 600,000-square-foot facility in Houston, Oak Brook, IL-based CenterPoint Properties has made… Read more
January Shipments Decline Nearly 5 Percent Y-O-Y
COVID’s influence continues to weigh heavily on almost every aspect of the business world, from soup to nuts, and even… Read more
Uptown Station Sells for $420M, Reflecting Oakland’s Long-Term Stability
CIM Group sold the Uptown Station office asset located at 1955 Broadway in Oakland for a reported $420 million, the… Read more
Brooklyn Basin is a Go with $130M Construction Financing
Brooklyn Basin–Parcel G in Oakland is fully entitled for 371 multifamily apartment homes and 31,000 square feet of retail on… Read more
CA Nut Exporters Report Robust Export Trade
Despite reports that ocean carriers have been rebuffing containers carrying California’s agricultural exports, tree nut exporters in California enjoyed robust… Read more
Pilot Sites’ Goal is to Expand California Vaccination Rate
Federal and state government recently announced a pilot project to establish community vaccination sites in Oakland and Los Angeles. These… Read more
Plan B is in the Works for California Vaccinations
Health insurance giant Blue Shield of California will be the outside administrator tasked with ramping up coronavirus vaccinations, the California… Read more
Berkeley and Oakland Portfolio Gets $37M Refi
Although the 10-year Treasury increased 30 basis points from application, a NorthMarq lending team was able to close on a… Read more
California Corporate Tax Hike Proposed as Homeless Funding Solution
A bill proposed by California legislators on Wednesday would increase taxes on corporations in an effort to help solve the… Read more
Provender Partners, Cerberus Form Cold Storage JV
Newport Beach-based Provender Partners formed a joint venture with an affiliate of Cerberus Capital Management, L.P. The partnership will focus… Read more
Driven by Leisure and Hospitality Layoffs, Vegas and NYC Led Pandemic Job Losses
Just as certain demographic cohorts appear to be more vulnerable to COVID-19, so some metro areas—and job segments—have been hit… Read more
Women in Real Estate 2020: Cox Castle’s Anne Mudge Leads as a Permitting Counsel
Cox, Castle & Nicholson, LLP’s Anne Mudge is a leading California land use and permitting lawyer. She is a partner… Read more
CIM Delivers Oakland Multifamily Development
CIM Group and its co-development partner, Strada Investment Group, completed the construction of Eleven Fifty Clay Street, a 16-story, 288-unit… Read more
East Bay Logistics Trends: Amazon Drives E-Commerce Boom
By Dennis Kaiser The East Bay has emerged as one of the top logistics markets in the country during the… Read moreTMG Finalizes New PG&E HQ Acquisition with Rockpoint-Swig JV
San Francisco-based TMG Partners acquired 300 Lakeside, a signature 28-story Class A office building on Oakland’s skyline that was originally… Read more