Sacramento
Is Softening of Apartment Market Sign of Future?
National vacancies rose by 10 basis points in Q1 2017, to 4.3%, according to the latest research from Reis. Yet… Read more
California’s Population Grows to 39.5M, Fuels Housing Crunch
The California Department of Finance reported that the state’s population hit 39.5 million. The addition of 335,000 residents last year… Read more
Kidder Mathews Recruits Nine to Valuation Team
Seattle-based Kidder Mathews continued its expansion in California with the addition of nine senior valuation professionals. The new team members… Read moreWhat Are Most, and Least Expensive Cities to Build Out?
JLL launched the U.S. Fit Out Guide to find out exactly what it costs to build out space across 51… Read more
Multi-State, 15-Asset Self-Storage Portfolio Sold
CBRE Group, Inc. completed the sale of a portfolio of 15 Trojan Self Storage facilities in three western states, California,… Read more
Aerojet Rocketdyne Jets to Alabama
Aerojet Rocketdyne is heading for Huntsville, AL by the end of 2019. The aerospace and defense contractor plans to relocate… Read more
Mike Metzger to Lead Westcore LA Office
San Diego-based Westcore Properties expanded in SoCal with the addition of a new office in El Segundo, CA that will… Read more
Rent Control Bill On Hold in Sacramento
A state bill designed to expand rent control stalled out in Sacramento this week. The effort to dramatically change the… Read more
Nassau and Suffolk Counties Report 4%-Plus Rent Growth
Rents are growing again for apartments on average across the U.S. — thanks to significant rent hikes in a handful… Read more
CBRE Represents USAA in 10M-SF Portfolio Sale
CBRE represented USAA Real Estate Co. in the sale of its North American Logistics Portfolio. As ConnectMedia reported in December,… Read more
Gramercy Property Pays $521M for Industrial Portfolio
Gramercy Property Trust closed on the acquisition of a 17-property, 10.3 million-square-foot industrial portfolio for $521 million. The portfolio is… Read more
Colliers’ Martin Pupil Promoted to President, U.S. Brokerage
Real estate veteran Martin Pupil has been promoted to President, U.S. Brokerage, with Colliers International. Pupil steps into his… Read more
CBRE GI Acquires Stake in $1.5B Retail Portfolio
Los Angeles-based CBRE Global Investment Partners (GIP) acquired a 45% interest in a $1.5 billion portfolio of 55 retail assets,… Read more
Davis Research Park Acquired for $70M
University Research Park in Davis, CA, a 17-building, 304,912-square-foot office complex was acquired by Sacramento-based Fulcrum Properties for roughly $70… Read more
Verizon Closing Sacramento-Area Call Center
Verizon plans to close call centers in five states, including one in Rancho Cordova, CA, near Sacramento. The consolidation is… Read more
Donahue Schriber Completes Off-Market Deal with Grosvenor Affiliate
Costa Mesa, CA-based Donahue Schriber Realty Group acquired Westgate West Shopping Center, a 233,813-square-foot retail property in San Jose, CA… Read more
California’s Recon Nexus Heads West – To Hawaii
Recon Nexus, a California-based networking group targeting the construction sector, is expanding to Hawaii. According to group board member Ryan… Read more