| Palisades Mexico Partners Launches $150 Mil Palisades Income & Growth Fund II
Palisades Mexico Partners (PMP), a joint venture between Joaquin de Monet, founder and managing principal of Palisades Capital Realty Advisors LLC, and Sergio Argüelles, president/CEO of Monterrey, Mexico-based real estate de...
| Top Tech Cities Draw Hefty Rent Premium for Office Space
Businesses looking for office space in the nation’s hottest tech markets should expect to pay a premium – and a hefty one in many of the top tech cities, according to a new research report by CBRE Group, Inc. The report, whic...
| Auction.com Facilitates $285 Mil in Sales for July 2015
Auction.com had closings on 70 commercial assets with a combined sales price of $285 mil during the month of July. The transactions included the sale of the high-profile Fisher & Kahn Buildings, a 776.5k sf historic office hi...
| California Home Sales Cool in August
Home sales remained above the 400,000 mark in August for the fifth consecutive month and rose to the highest level since October 2012. Closed escrow sales of existing, single-family detached homes in California totaled a seas...
| US Multifamily Investment Hits $127 Bil Over 1-Year Period Ending Q2 2015
Investment in U.S. multifamily reached $127 bil for the year ending Q2 2015—the highest four-quarter total in history and growth of 36% over the 12-month period, according to the latest research from CBRE. The total surpasses...
| CBRE Completes Acquisition of Johnson Control’s Global Workforce Solutions
CBRE Group Inc has acquired Johnson Controls Inc’s Global Workplace Solutions business, a market-leading provider of enterprise facilities management solutions for global corporations and other large occupiers of commercial r...
| CA Homes Sales in July Reach Highest Level in Three Years
Sustained job and income growth gave home buyers the confidence in July to jump into the California housing market, pushing home sales to their highest level in nearly three years, according to the latest data from the Califo...
| The Latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey Says that California is Booming Again
Commercial construction activity in California has risen to its highest level since 2001. Available financing, low cap rates, an increasingly high demand from technology, advertising, media and information companies, and a s...
| DJM Capital Partners Closes $200 Mil Initial funding for Its Single Tenant Net Lease Fund
DJM Capital Partners Inc has closed its initial round of funding for its $200 mil Single Tenant Net Lease Fund. Retail real estate veteran Robert Brown joined the company last year as Senior Vice President/ Acquisitions to bu...
| Proposed California Split Roll Property Tax Could Cost the Commercial Real Estate Industry $9 Bil/Year
By Rex Hime
There has been a lot of activity on Split Roll Property Tax in California this year. The proponents of removing Proposition 13 protections from commercial property have opened up several paths of attack, includi...
| San Francisco Industrial Market Treading Water in 2nd Quarter 2015
Here’s a mid-year update on the San Francisco industrial market, provided to us by regional real estate services firm Kidder Mathews:
The San Francisco industrial market took a pause in the second quarter of 2015, with negat...
| San Francisco Closing in on Minneapolis as the US City with the Highest Percentage of Green Office Space
San Francisco significantly closed the gap on Minneapolis in the rankings of U.S. cities with the highest percentage of green office space, boasting a 70 percent green office market, up from 67.2 percent in 2014, according to...
| L.A. and Other CA Cities Likely to Follow San Jose with Affordable Housing Ordinance that Passes on Costs to Developers
Last week the CA Supreme Court voted unanimously to uphold City of San Jose’s affordable housing ordinance which requires 15 percent of all for-sale units be set aside as affordable units for any development project that crea...
| The California Drought Mandate – How to Plan
This year the State of California has mandated that properties cut water usage by at least 20 percent – a large undertaking for some companies that may have to make major overhauls to landscaping and water usage at their prop...
| The World’s Highest Priced Office Market is Still London’s West End
London’s West End continued to be the world’s highest-priced office market but Asia dominated the world’s most expensive office locations, accounting for four of the top five markets, according to CBRE Research’s semi-annual ...
| CA Year-Over-Year Home Sales and Prices are Higher for Fourth Straight Month
California home sales softened in May, but the housing market momentum continued to be solid as the spring home-buying season marked higher year-over-year home sales and prices for the fourth straight month, according to the ...
| San Francisco is the Number One Choice for Investors in 2015
Half of all real estate investors in North America intend to increase their property acquisitions in 2015, with San Francisco the number one target for the second year in a row, according to the CBRE North America 2015 Invest...
| Strong Economy Boosting CA Housing Market
California’s housing market continued to pick up steam as existing home sales and prices propelled higher, with both posting back-to-back increases in March, according to the California Association of Realtors® (C.A.R.).
| Trion Properties Sells One Multifamily Property in Fresno, while Buying Others in San Diego and Portland
Los Angeles-based Trion Properties is wrapping up three west coast multifamily transactions, a sale in Fresno, in addition to acquisitions in Fresno and Portland.
The property Trion sold is called Canyon Del Sol, which was p...
| High Demand for Tech Space Driving OC Office Market
Tech talent clustering is a growing driver of demand for office space in both large and small markets across the U.S., according to a new CBRE Research report, “Scoring Tech Talent” which ranks 50 U.S. markets according to th...