Palm Desert
Bucksbaum Acquires Mixed-Use Office Campus in Coachella Valley
Newmark arranged the $25.75-million sale of One El Paseo Plaza, a three-building, 86,835-square-foot mixed-use office campus located at 74-199 El… Read more
Equity Union Acquires La Quinta Offices for 12th Location
Equity Union Real Estate has acquired the La Quinta Professional Plaza located at 47040, 47050 and 47060 Washington St. in La Quinta… Read more
Man-Made Surf Resort Breaks Ground in Palm Desert
Construction has begun on DSRT Surf Resort, 17-acre property in Palm Desert that reportedly will be California’s first facility to… Read more
Unpriced Palm Desert Apartments Fetch $14M
CBRE arranged the $14-million sale of the 63-unit Ariana at El Paseo in Palm Desert to Investment Concepts, Inc. Eric Chen, Kevin Sin, Blake… Read more
Chipotle-Anchored Retail Pad Fetches $4M
Hanley Investment Group Real Estate Advisors arranged the sale of a fully occupied, multi-tenant retail pad property in Palm Desert. The… Read more
PRCP Plans Mixed-Use Revamp for The Shops at Palm Desert
Pacific Retail Capital Partners (PRCP) has acquired The Shops at Palm Desert, a nearly one-million square foot traditional, enclosed shopping mall in Palm Desert.… Read more
Hanley Arranges Retail Pad Sale in Palm Desert
Hanley Investment Group Real Estate Advisors arranged the sale of a new construction, multi-tenant retail pad at Monterey Crossing, a newly… Read more
Bank of America Branch Trades at Record-Low Cap Rate
Hanley Investment Group Real Estate Advisors arranged the sale of a 2015-new construction, single-tenant property occupied by Bank of America in… Read more
SRS Closes Two Chick-fil-A Sales to One Buyer
SRS Real Estate Partners’ National Net Lease Group (NNLG) arranged the ground lease acquisitions of two Chick-fil-A assets totaling approximately… Read more
Tuesday Morning Closing 31 Stores in California
The pandemic has taken another victim, as discount home goods retailer Tuesday Morning has filed for Chapter 11 bankruptcy, and… Read more
Bed Bath & Beyond Closes 7 More SoCal Stores
The bleeding continues for retailer Bed Bath & Beyond, which has announced the shuttering of seven more stores in Southern… Read more
Palm Desert Net-Leased Retail Property Sells for $5M
Retail specialist Hanley Investment Group has arranged the $5 million sale of a recently constructed, two-tenant net-leased retail property in… Read more
Private Buyer Snaps Up Palm Desert Retail
CBRE closed the sale of a 44,000-square-foot retail property in Palm Desert to a private San Diego-based investor for $12 million. The… Read more
Hanley Sells Pads at Sprouts-Anchored Shopping Center in Fontana
Not one, but two multi-tenant retail buildings are off the market after Hanley Investment Group Real Estate Advisors arranged moves… Read more
Hanley Completes Retail Pad Deals in Palm Desert
Hanley Investment Group Real Estate Advisors completed the sales of three new construction retail pad properties at the newly developed… Read more
Marriott Desert Springs Uses $128M Loan to Repay Existing Loan
The JW Marriott Desert Springs Resort & Spa, an 884-key resort in Palm Desert, recently obtained a $128 million loan.… Read more
Rare Palm Desert MOB Sells in 1031-Exchange
A medical office building located at 72415 Park View Dr. in Palm Desert was constructed in 2004, designed as a… Read more
Coachella Valley Rents May Climb with Lack of New Construction
A 55-unit portfolio, Tiki Gardens Apartments and Shadow Hills Apartments in Palm Desert, recently sold to a private local buyer… Read more
Fred Waring Townhomes Capitalize on Palm Desert’s Lack of New Construction
A 12-unit multifamily property, Fred Waring Townhomes in Palm Desert, recently sold to a private local buyer for $3.4 million.… Read more