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August 9, 2020
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ETC... ETC... NEWS
Archive
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• Los Angeles and Orange County Rank as Two of the Top Markets for U.S. Net-Lease Investment in 2018
7/24/19
This report was provided by global real estate services firm CBRE Los Angeles ranked 4th and Orange County ranked 13th among the top 20 markets in U.S. net-lease investment in 2018, according to a recent report from CBRE. I...
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• California Could See Statewide Multifamily Rent Control by Next Year if Proposed Bill Passes
7/23/19
By: Kalah Espinoza Vice President Capital Markets | Multifamily Colliers International Assembly Bill 1482 cleared another hurdle this month as it passed 6-1 in the first state senate committee on July 9th. Here is what yo...
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• Cushman & Wakefield Enters into PropTech Partnership with Fifth Wall
7/19/19
Cushman & Wakefield has entered into a strategic partnership with Fifth Wall, a venture capital firm focused on technology solutions for the global real estate industry. Fifth Wall fosters collaboration between innovative t...
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• A Big Property Tax Change May Be on Its Way for the Golden State
7/16/19
by Scott Toussaint, Esq. General Counsel Capital Rivers Commercial California isn’t exactly known as a “pro-business” State. But despite this well-earned reputation, for the last four decades -- since the passage of ...
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• E-Commerce Related Demand Is Driving New Warehouse Construction in West Coast Markets
7/02/19
This report was provided to us by real estate services firm CBRE. Strong market fundamentals in key West Coast markets are driving new warehouse development to the highest levels in decades, much of it speculative, according...
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• Commercial Real Estate Financing Briefs
6/21/19
NORTHMARQ CAPITAL - Michael T. Elmore with NorthMarq Capital secured $56 mil in refi money on Highland Pinetree Apartments, a 320-unit multifamily property located at 1501 South Highland Ave in Fullerton. The property is oper...
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• OC Multihousing Market Set Record with Highest Average Asking Rent in 1Q 2019
6/03/19
The average asking rent for Orange County multifamily housing set a new record in 1Q 2019, according to the latest data from real estate services firm NAI Capital. The average asking rent hit $1,979/unit, up 0.5% from the pri...
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• Santa Maria Res Development Refinanced with $35 Mil Take-Out Loan Prior to Completion
6/03/19
Dynamic Development Company has financed Refugio Apartments, a 125-unit luxury townhome rental community in Santa Maria, with a take-out loan of $35 mil. The refi, arranged by JLL Capital Markets and provided by Annaly Capita...
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• National Industrial Vacancy Rate Increased Slightly in Q1 2019
5/21/19
This report was provided by Transwestern Commercial Real Estate Services The overall vacancy rate for industrial buildings across the U.S. ticked up for the first time in nine years, to 4.8%, according to Transwestern Commer...
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• NAR Teams Up with CREXi
5/21/19
In an effort to provide an enhanced commercial real estate information service for Realtors®, members of the National Association of Realtors® (NAR) have partnered with Commercial Real Estate Exchange Inc (CREXi), the popular...
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• Vista Office Complex Undergoes $1.5 Mil Renovation
5/16/19
Coseo Properties has just completed an extensive, $1.5 mil renovation of Atrium, a 102.1k sf office property in Vista. The three-building, multi-tenant complex is located at 380, 400 and 410 S. Melrose Dr. Extensive property...
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• Suarez Brokerage Company Leases 52k sf Just North of U.S./Mexico Border
5/15/19
Suarez Brokerage Company Inc signed a 60-month, $2.5 mil lease for a 52.5k sf ($0.80/sf/mo) space in San Diego’s Otay Mesa. The tenant will maintain the space for their California headquarters and sales office The building i...
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• Draftsmen & Craftsmen
5/14/19
Work has begun on Orange Coast College’s (OCC) new $36 mil Kinesiology and Athletics Complex in Costa Mesa. The 88k sf, multi-building complex is one part of a broader project to revitalize and modernize OCC’s campus, and one...
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• RiverRock Real Estate Group Lands Management Contract for Retail Portion of Liberty Station in San Diego
5/13/19
May 13, 2019 RiverRock Real Estate Group Lands Management Contract for Retail Portion of Liberty Station in San Diego Assignement includes over 328k sf of space Pendulum Property Partners has awarded RiverRock Real Estate G...
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• BKM Capital Partners Closes Its Second Institutional Fund with $382 Mil in Equity Commitments
5/10/19
BKM Capital Partners, an institutional fund manager with a niche focus on value-add, light multi-tenant industrial investments, has closed its second institutional fund, BKM Industrial Value Fund II, L.P., with $382 mil in eq...
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• Meet the Leading Inland Empire CRE Experts Who Spoke at RENTV's State of the Market Conference
5/07/19
At RENTV’s annual Inland Empire State of the Market Conference just held on April 25 at the Embassy Suites by Hilton Ontario Airport hotel in Ontario, some of the region’s top commercial real estate pros shared their insight ...
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• OC Office Asking Rates Hit New High in First Quarter 2019
5/06/19
The Orange County office market ended 1Q 2019 in a strong position. The average asking rent rose to the highest level on record while the vacancy rate inched up with construction added to the inventory, according to the lates...
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• Premier Business Centers Rebrands to Premier Workspaces
4/25/19
Premier Business Centers®, one of the largest privately owned flexible workplace operators in the U.S. with a 17 year operating history and over 90 shared workspace locations, has rebranded as Premier Workspaces®. The new nam...
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• Foreign Investment into Industrial Assets Nearly Tripled Year over Year in the Greater Los Angeles/Orange County/Inland Empire Region
4/23/19
Foreign investment in Greater Los Angeles/Orange County/Inland Empire (GLA/OC/IE) industrial assets nearly tripled year-over-year, ranking the region number one in 2018, according to CBRE Research and Real Capital Analytics (...
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• Economic Growth, Abundant Capital and Favorable Supply-Demand Dynamics to Keep Cap Rates stable
3/25/19
Strong economic growth, abundant capital, and a favorable supply and demand environment led to broadly stable capitalization rates for U.S. commercial real estate assets in the second half of 2018, according to the latest res...
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