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April 29, 2017
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SOUTHERN CALIFORNIA HEADLINES

 News

 Etc. Etc...
The Bascom Group Spends $14 Mil on Torrance Multifamily Property
4/28/17
Purchase is for 64-unit Harvard Villa Apartments

Tire Centers Rolls into New Van Nuys Location
4/27/17
Company inks lease for 27k sf building

Shamina Investments Buys 53-Room Claremont Hotel Westwood
4/27/17
Deal financed with $11.25 mil loan that includes money for renovation work

Terreno Realty Corp Buys 23-Acre Industrial Property in Lynwood
4/26/17
Alameda Distribution Center site sells for $31 mil



Office/Industrial Asset in Carlsbad Trades for $175/sf
4/26/17
Exchange buyer acquires 64k sf property

Cushman & Wakefield to take Two Full Floors at Wilshire Grand Center
4/26/17
Real estate services firm expects to house 200 employees on the 24th and 25th floors of the new tower

Community Preservation Partners Pays $11 Mil for Indio Affordable Housing Property
4/25/17
90-unit Desert Oasis to be renovated

Vista Res Property Trades for $149k/Unit
4/25/17
$20.9 mil deal is for Las Palmas


Work Completed on 347-Unit Res Project in Los Angeles’ South Park District
4/25/17
G12 a development of The Wolff Company

Exchange Investor Pays $200k/Unit for Whittier Multifamily Property
4/25/17
Deal is for 71-unit Sandpiper Apartments

Solana Beach Retail Property Trades for $600/sf
4/24/17
Chicago-based buyer spends over $33 mil for 55k sf BeachWalk

CBRE Capital Markets Arranges $24.6 Mil on Three SoCal Retail Properties
4/24/17
Transactions are for assets in Cypress, Ontario and Hesperia

GoPlus Corp Lease of 267k sf Facility Represents 2nd Major Signing in the Past 60 Days at Fontana Biz Park
4/24/17
Import/export firm signs $7.3 mil transaction

Redlands Coco’s Sells for $655/sf
4/21/17
Exchange investor spends $3.6 mil on 5.5k sf asset

New 140-Unit Project Announced for LA’s Arts District
4/21/17
12-story “641” live/work development designed by Johnson Fain

Inland Empire Multi-Tenant Office Property Trades for $14.5 Mil
4/21/17
Charter School Capital purchases 87k sf property in San Bernardino

Cerritos Lease Comps Total $2.4 Mil
4/20/17
Latest comps are for Keller Williams and Para Plate Plastics Company

Bakersfield Starbucks Sells for $1,432/sf
4/19/17
Newly constructed property is situated on just under one acre and includes a drive-thru

Retail Opportunity Investments Corporation Buys 173k sf Retail Center in LA’s South Bay
4/19/17
National REIT pays around $54 mil for The Terraces in Rancho Palos Verdes

Vista Office Asset Trades for $12.8 Mil
4/19/17
Multi-tenant building goes for $211/sf

Exchange Investor Buys 131k sf Riverside Industrial Asset
4/18/17
Single-tenant property sells for $17.85 mil

La Jolla Retail Condo Goes for Over $1,300/sf
4/18/17
Property is part of ground floor space at upscale Muse building, currently being redeveloped

Omninet Capital LLC Buys 395k sf San Gabriel Valley Office Complex
4/18/17
Four-building Los Angeles Corporate Center sold by Equity Office Properties

Best Buy Leases Remaining 479k sf Space at Compton Distribution Development
4/18/17
Retailer to join UPS at Clarion Partners/Trammell Crow Company’s 1 msf Brickyard South Bay project

Investor Buys Oxnard Site for Spec Distribution Project
4/17/17
3.84-acre parcel situated within McInnes Ranch Business Park

San Fernando Valley Apartment Property Goes for $316k/Unit
4/17/17
Exchange investor spends $4.43 mil on 14-unit asset in Reseda

Private Investors Trade La Jolla Property at $546/sf
4/17/17
Multi-tenant building is located one block from the ocean

New Retail Center Expected to Bring a Renaissance to Rialto
4/14/17
Lewis Retail Centers’ 450k sf project is nearly 50% pre-leased with completion scheduled for April 2018

Two South Bay NNN-Leased BofA Sites Sell for $4.56 Mil
4/14/17
Assets, located in Torrance and Long Beach, were acquired by different private investors

Stos Partners Completes Three SoCal Deals
4/14/17
Firm buys properties in Encinitas and San Dimas, while selling one in Rowland Heights

RAF Pacifica Group Acquires 40k sf Land Parcel for Solana Beach Mixed-Use Project
4/14/17
Firm to build 26k sf development with restaurant, retail, office and multifamily space

Drug Testing Firm Buys Northridge Industrial Property
4/14/17
16k sf building trades for $3 mil

Long Beach Investor Spends $69.5 Mil on Santa Clarita Retail Center
4/13/17
154k sf Gateway Village Shopping Center sells for $450/sf

Irvine Company Buys 216k sf Irvine Spectrum Complex
4/12/17
Firm to renovate 19-building Alton Plaza business campus

Second Phase of $73 Mil Rehabilitation Started at Indio Res Property
4/12/17
Community Preservation Partners continues extensive renovations at 268-unit Summer Field Apartments

Exchange Investor Buys Rancho Cucamonga office/industrial campus
4/12/17
Rexford Industrial Realty collects $6.9 mil from sale of 63k sf Archicenter Business Park

New Sprouts-Anchored Retail Center in Glendora Slated for Completion by Summer
4/12/17
Champion Real Estate is repositioning vacant, 85k sf grocery store they acquired last year

Newly Constructed Starbucks in Norwalk Sells for Over $2,000/sf
4/11/17
Exchange investor pays $3.85 mil for 1.9k sf, NNN-leased property

Glendale Office Tower to Be Renovated and Repositioned
4/11/17
Lincoln Property Company and Long Wharf Capital buy 96k sf building at 520 N. Central Ave

Rockefeller Group to Begin work on 1.45 msf Spec Industrial Project in Perris
4/11/17
Optimus Logistics Center to consist of two state-of-the-art distribution facilities

Robhana Group to Move Forward with Development of 60k sf Medical Office Building in Downtown LA
4/11/17
Project funded with $33.5 mil in construction and permanent money arranged by Quantum Capital Partners

Chico Apartment Portfolio Trades in $51.7 Mil Deal
4/11/17
Acquisition consists of 410 units near Cal State University, Chico and was financed with $39 mil in Fannie Mae money

Karma Pays $56 Mil for Irvine Facility
4/07/17
Electric car company buys 262k sf property that was formerly Kawasaki’s USA headquarters

West Elm Inks Lease for 11k sf Store in Solana Beach’s Design District
4/07/17
Deal is at 16.6k sf project bought and being renovated by Brixton Capital

Private Investors Close Two Ontario Apartment Buys Totaling $6.6 Mil
4/07/17
Deals are for properties with a combined 41 units

Hollywood Office/Post-Production Building Sells for $435/sf
4/06/17
29k sf property fully leased to Deluxe Entertainment Services purchased for $12.6 mil

Creative Office Building in Santa Monica Sells for $1,582/sf
4/05/17
DR Investments pays $15.5 mil for 98k sf Piazza Montana

Private Investor Pays $231/sf for Lancaster Retail Asset
4/05/17
20k sf building occupied by Learn4Life charter school

Meta Housing Corp’s Latest Development Adds 40 Units of Affordable Housing to East Hollywood
4/05/17
5400 Hollywood Family Apartments was completed at a cost of $21.6 mil

Multifamily Property in LA’s Koreatown District Sells for $353k/Unit
4/04/17
58-unit Plaza at Lafayette purchased by Platinum Acquisitions for $20.5 mil

Escondido Land Acquired for Hotel Development
4/04/17
1.68 acres entitled for construction of a 105-room SpringHIll Suites by Marriott

Continental Partners Arranges $54 Mil in Refinancing for the Ritz Carlton Rancho Mirage
4/03/17
Loan enables sponsor to replace a maturing construction loan and to buy out their existing partner

Riverside Industrial Asset Acquired for $12.5 Mil by a Tarifiq Buyer
3/31/17
121k sf Sycamore Business Center to be used by an affiliated business

Multifamily Property in San Diego’s North Park Neighborhood Sells for $225k/Unit
4/03/17
Asset consists of two 10-unit buildings built around 1960

Historic Woolworth Building in Downtown Glendale Lands Trio of New Tenants
3/31/17
Property just underwent a comprehensive renovation

Construction Started on 24-Story Res Tower in Downtown Los Angeles
3/31/17
Building is second phase of MacFarlane Partners’ Park Fifth development

Two Outparcels at the Mall of Victor Valley Sell for Over $4 Mil
3/31/17
One of the assets is a single-tenant building occupied by Big 5 while the other is a multi-tenant property

Compton Manufacturing Facility Sells for $5.7 Mil
3/30/17
40k sf property had been occupied by PCA Aerospace

Modus Furniture Renews Its 231k sf Fontana Distribution Facility
3/30/17
Firm inks five-year deal worth $6 mil

Planned Res Development to Bring 600 Units to Santa Ana
3/30/17
Santa Ana First Street Apartments expected to be finished in 2020

Wolverine Worldwide Leases 720k sf Distribution Space in the Inland Empire
3/29/17
Global footwear company inks deal at USAA Real Estate Company’s Crossroads Logistics Center in Beaumont

Santa Monica Retail Building Refinanced with $12.6 Mil Life Co Loan
3/29/17
HFF arranges transaction on 28k sf building leased to CVS and BevMo

Newcastle Partners Finishes Work on 147k sf Industrial Facility
3/29/17
Project is Knox Logistics Center in Moreno Valley

Valencia Office/Industrial Project Underway
3/29/17
Walls tilted at Industry Gateway

The Bascom Group Spends $94 Mil on 400 Units in Orange County
3/29/17
Acquisition is for Villas at Tustin Apartments in Santa Ana

Guthrie Development Picks Up Fullerton Industrial Property
3/28/17
Owner/user collects $7.75 mil from disposition of 64k sf facility in sale/leaseback deal

Newly Constructed Res Project in San Diego Lands New Financing
3/28/17
HFF arranges $3 mil on Nakhshab Development & Design’s Mitra in city’s East Village neighborhood

Work Commences on Los Angeles LGBT Center’s new Anita May Rosenstein Campus
3/27/17
Facility will provide affordable housing for seniors and beds for homeless youth

Guthrie Development Spends $5.8 Mil on South OC Commercial Property
3/27/17
Acquisition consists of six retail, office and service buildings totaling 24.5k sf

Champion Real Estate Picks Up Value-Add Asset in LA’s Echo Park Area
3/27/17
Property to be redeveloped into a distinctive retail/res project called Brickworks

Alpine Electronics Inks Renewal at Its 70k sf Torrance Facility
3/24/17
Firm uses space to service its mobile electronics products

Golden Corral Inks Lease for New Restaurant Location in Ontario
3/24/17
Deal is for 13k sf space at Vineyard Freeway Center

OC Warehouse Property Trades in $3.8 Mil Deal
3/23/17
Calara Properties to offer vacant 20k sf facility as two spaces of around 10k sf each

$9 Mil Renovation Completed at Chula Vista Retail Center
3/23/17
Project is Brixton Capital’s 109k sf Gateway Marketplace

Cresta Properties Buys 44-Unit Res Asset in Beverly Hills
3/22/17
Property, subject to a ground lease, goes for $78k/unit

Historic Pasadena Office Building Traded
3/22/17
ANDA Realty Capital buys 55k sf property at prominent downtown location along Rose Parade route

Sunny Hills Management Company Inc Pays $37.5 Mil for San Gabriel Valley Office Tower
3/21/17
Firm buys 226k sf 100 Barranca building in West Covina

Work Gets Started on Irvine Luxury Res Complex
3/20/17
The Westerly is a project of Sanderson J. Ray Development

Molina Healthcare Leases 100k sf in San Pedro
3/20/17
Firm inks one of the largest office deals in LA’s South Bay over the past five years

Purchase of 132k sf Kearny Mesa Biz Campus Financed with $34 Mil in Permanent and Bridge Loans
3/17/17
Transaction is for four-building project fully leased to Cobham Advanced Electronic Solutions

Beverly Hills Investor Spends Over $3 Mil on Long Beach Multifamily Asset
3/17/17
Deal is for 24-unit Palmdale Apartments

Jodie Poirier Named Managing Director at CBRE South Bay
3/17/17
Will oversee all offerings out of the firm’s El Segundo office

Zion Enterprises and TA Partners Buy 1.37-Acre Dev Site in Downtown Los Angeles
3/16/17
Property is entitled for 299-unit res tower with ground floor retail

New 221k sf Industrial Development Completed in Jurupa Valley
3/16/17
Galena Business Park consists of five tilt-up buildings ranging from 28k sf to 68k sf

Ventura County Industrial Property Trades for $114/sf
3/16/17
Private investor spends $12.9 mil on 113k sf building

2,400-Student Irvine School Campus Completed for $126 Mil
3/15/17
C.W. Driver Companies builds 237k sf Portola High School with 16 buildings and three parking lots on 43 acres

Vista Investment Group Relocates into Its Renovated Santa Monica HQ Building
3/15/17
Company has experienced significant growth by investing in value-add opportunities in emerging urban areas

El Cajon Hotel Purchased for Conversion to a Res Property
3/15/17
Investor pays $5.63 mil for 75-unit Ha’ Penny Inn

Boutique Res Project in LA’s Larchmont Village Completed
3/15/17
34-unit Micropolitan at Larchmont Village designed by KFA

Leasehold Interest in South OC Retail Center Sells for $9 Mil
3/14/17
Deal is for 110k sf Lake Forest Marketplace

Draftsmen & Craftsmen
3/14/17
New 114.5k sf Industrial Complex in Carlsbad is Completed

Tokio Marine Leases 32k sf of Class A Office Space in Downtown Los Angeles
3/14/17
Insurance firm relocating to 801 Tower building from elsewhere in the area

Optimus Properties Secures $30 Mil Refi on La Puente Retail Center
3/14/17
Loan secured by 156k sf Plaza de Hacienda

Recent Purchase of Fairmont Newport Beach Hotel Financed with $81 Mil Loan
3/14/17
444-room OC asset was acquired for $125 mil in February

Exchange Investor Spends Over $4 Mil on Anaheim Res Property
3/13/17
14-unit Olive Street Apartments goes for $299k/unit

Newcastle Partners Starts Construction on 570k sf of Industrial Facilities in the Inland Empire
3/13/17
Work is for projects in Riverside and Chino

Plans Announced to Develop Oceanfront Parcel in Del Mar
3/13/17
The Robert Green Company and Zephyr acquire 16 acres for a yet-to-be-finalized project

Mission Capital Advisors Arranges $20 Mil on San Diego Area Hotel Asset
3/13/17
Ramp loan is for 174-key Hotel Karlan in the Carmel Mountain Ranch Area

San Diego Area Office Portfolio Sold in Two Transactions Totaling $20 Mil
3/10/17
Highbrook Investors sells assets in Del Mar Heights and Scripps Ranch

Pillar Originates $13.6 Mil in HUD Money on L.A. Affordable Housing Property
3/10/17
Refi deal is for 148-unit Sunset Normandie Towers

Studio City Apartment Property Fetches $329k/Unit
3/09/17
Seven-unit building was constructed in 1962

Pomona Rite Aid Sells for $290/sf
3/09/17
Single-tenant, NNN deal came in at a 5.92% cap rate

Leasehold Interest in Pasadena Retail Asset Trades for $29.5 Mil
3/08/17
Federal Realty Investment Trust acquires 273k sf Hastings Ranch Shopping Center

Northwestern Mutual Los Angeles Inks New Downtown LA Office Deal for 25k sf
3/08/17
Firm consolidates existing two and a half floors into one full floor of “free-address” collaborative space

Anaheim Industrial Asset Trades for $115/sf
3/08/17
American Technologies pays $16.6 mil for 144k sf building

Local Investor Picks Up Full City Block on San Diego’s Coronado Island
3/08/17
Local family entity collects $22 mil from sale

Boston Scientific Corp Division Renews 342k sf Space in Valencia
3/08/17
Firm signs 10-year extension at Southern California Innovation Park

DivcoWest Pays $900/sf for Majority Condo Interest in Historic Santa Monica Office Building
3/07/17
Firm spends over $52 mil on 59k sf space at the Telephone Building

Walsh/Shea Corridor Constructors Leases Two Full Floors at La Brea Plaza in Inglewood
3/07/17
Joint venture firm was selected to handle the Crenshaw/LAX Transit Corridor project for the County of LA

New Single-Tenant Rite Aid in Menifee Trades for $523/sf and a Cap Rate of 4.72%
3/07/17
Private investor spends $9 mil on 17k sf building

Upland Center Signs One of the First 365 by Whole Foods Market Stores in the U.S.
3/06/17
Retailer inks deal at Sycamore Hills Plaza center currently under construction

Multifamily Property in San Diego’s Little Italy Neighborhood Sells for $357k/Unit
3/06/17
Investor pays over $8.5 mil for 24-unit Billboard Lofts property

$30 Mil Marina del Rey Res Project Completed
3/06/17
R3 is located in the rapidly evolving Marina Arts District

Tenant Buys 54k sf Office/Retail Property in La Jolla
3/06/17
Deal is for four-story La Jolla Galleria building

Riverside Denny’s Sells for $957/sf
3/03/17
Venerable diner chain has been a the location for 50 years and just signed another 20-year lease

Workers Comp Administrator Firm Buys Ontario Office Property
3/03/17
30k sf building sells for $4.7 mil

El Segundo Office Asset Trades in $52 Mil Transaction
3/03/17
Off-market deal is for seven-story, 152k sf building

Bellflower Res Property Trades in $4.6 Mil Buy
3/02/17
22-unit multifamily asset sells for $209k/unit

Santa Monica Apartment Sale Comp Goes for $475k/Unit
3/02/17
Six-unit asset from 1973 trades at 3.4% cap rate

DivcoWest Closes $179 Mil Tri-Cities Office Buy
3/02/17
Firm buys Glendale Plaza from Prudential

Pendulum Property Partners Closes $41.7 Mil Purchase
3/01/17
Firm’s first buy is for 156k sf office property in Irvine

Ring Power Leases 70k sf Rancho Dominguez Structure
3/01/17
Caterpillar distributor inks five-year deal for high-image facility

Luxury Housing Project in San Diego’s Point Loma District Lands Construction Money
3/01/17
HFF arranges $12.7 mil for 81-unit Driftwood development

Lyon Living Lands Loans of $388 Mil on CA and CO Res Portfolio
2/28/17
HFF arranges large deal consisting of seven separate loans

LaSalle Investment Management and Pacshore Partners Buy 215k sf Creative Office Portfolio on LA’s Westside
2/28/17
CBRE arranges $89 mil in financing for purchase of Malibu and Playa Vista assets

Ventura County Industrial Buy Financed with $19 Mil in Owner/User Money
2/28/17
Continental Partners arranges financing on 256k sf acquisition in Moorpark

Meta Housing Corporation Starts Work on Two Affordable Housing Projects in LA Area
2/28/17
Developments will create 160 res units for homeless individuals and veterans

Investor Pays $164k/Unit for Res Property in Baldwin Park
2/28/17
San Gabriel Valley asset sells at 3.19% cap rate

L.A. Area Retail Center Traded in $62 Mil Deal
2/27/17
156k sf Arcadia Gateway Center goes for $398/sf

Res Property in San Diego’s La Mesa Area Sells for $167k/Unit
2/24/17
Local investor pays $7.35 mil for 44-unit La Casita Apartments

Rexford Completes $17 Mil Industrial Buy in North LA County
2/24/17
Acquisition includes vacant 111k sf facility along with land for new development

Chino Retail Center Lands $25 Mil in New Financing
2/23/17
Buchanan Street Partners provides loan for 74k sf Stater Bros. Plaza

Sterling Organization Buys 4.7k sf Retail Property on North Beverly Drive in Beverly Hills
2/23/17
Purchase financed with $12.14 mil loan arranged by HFF

South LA Industrial Sales Comp Comes in at $138/sf
2/23/17
Orient Express buys 35k sf property in Rancho Dominguez

Crown Investment Co Buys 50k sf Office Property in San Diego’s Kearny Mesa Area
2/23/17
Airport Plaza goes for $119/sf

Expect More Cast & Crew in Burbank
2/22/17
Entertainment services firm signs expansion lease for additional 23k sf at Empire Center building

Nutrition Products Company Leases 300k sf Ontario Facility
2/22/17
Nellson LLC signs $30 mil deal and plans to spend an additional $40 mil to $50 mil on upgrades

The Ratkovich Company Recapitalizes The Alhambra with New Partners
2/20/17
HFF arranges transaction that includes $119 mil in new financing on 45-acre mixed-use campus

Wells Fargo Office Tower in Santa Ana to Be Transformed into a Live/Work/Play Urban Village
2/17/17
PRES to redevelop existing office tower and add 247-unit res project to the property

Furniture Manufacturer Leases 58k sf Industrial/HQ Facility in Valencia
2/17/17
Armen Living agrees to five-year deal at $0.80/sf/mo

Inland Empire Industrial Facility Traded by Investors
2/16/17
33k sf Jurupa Valley building sells for over $4 mil

Inland Empire Office Asset Trades in $78 Mil Transaction
2/22/17
MGR Services buys 400k sf Empire Towers I-IV in Ontario

Senior Housing Complex in Orange Traded in $13.5 Mil Deal
2/21/17
Reiner Communities acquires 75-unit Triangle Terrace

Residential Project Completed in LA’s Central City West Neighborhood
2/21/17
218-unit Wilshire Valencia developed by Astani Enterprises and designed by KFA

HFF Arranges $19 Mil for Recent Acquisition of Anaheim Mixed-Use Property
2/21/17
Financing is for Hines and Oaktree Capital Management’s purchase of 143k sf Pacific Center

PSI Services Inks 23k sf Expansion/Relocation Lease in Glendale
2/21/17
Firm relocating from Burbank

Res Property Along Oxnard Beach Sells for Over $22 Mil
2/20/17
Investor pays $247k/unit for Paz Mar Select

Private Investor Pays $3.5 Mil for Inland Empire Office/Retail Center
2/16/17
Deal is for 37.5k sf Yucaipa Plaza

Two Long Beach Apartment Properties Trade in $6 Mil Deal
2/16/17
Sale is for nearby assets adjacent to downtown

Victorville Apartment Portfolio Trades for $85k/Unit
2/22/17
$27 mil deal consists of 320 units in two properties

Renovate America Inks Lease for 160k sf of Space in Rancho Bernardo
2/21/17
Deal at Rancho Vista Corporate Center is one of the largest office leases in San Diego for 2016

OC Office Market Vacancy Rate at Lowest Level Since 2007
4/28/17
NAI Capital report says asking rates have jumped 17% over the past two years

U.S. Industrial Markets Continued to Post Strong Numbers in 1st Quarter 2017
4/27/17
Latest figures from Cushman & Wakefield show absorption for the period higher than average during this current expansion period



Draftsmen & Craftsmen
4/25/17
Lifescapes International completes landscape work for new high-rise res tower in downtown Los Angeles

San Diego Industrial Market Achieves 23rd Consecutive Quarter of Positive Net Absorption
4/20/17
Carlsbad was the region’s strongest submarket, according to latest Cushman & Wakefield research

Catch Up on the Latest Trends and Developments in Downtown Los Angeles and the Inland Empire
4/13/17
Leading experts from these important SoCal regions to speak at RENTV’s upcoming State of the Market conferences

U.S. Suburban Office Vacancy Rate Near Pre-Recession Low
4/10/17
Dallas/Ft. Worth suburbs leading way, while suburban markets hit hard by the housing bust are coming on strong

Commercial Real Estate Investment from High Net Worth Individuals on the Rise
3/31/17
CBRE report shows multifamily as the most attractive property type for investment

Number of Corporate Space Occupiers Citing Economic Uncertainty as a Top Challenge is Growing
3/24/17
New CBRE survey says 52% of respondents list this as a top concern

Starpoint Properties Awards Porsche 911 to 2016 Contest Winner
3/22/17
Stewart Weston wins $100k sports car for bringing the firm the greatest off-market deal volume over the year

Hong Kong and Beijing are World’s Highest-Priced Office Markets
3/21/17
CBRE survey ranks top 50 most expensive markets globally

NSB Developing Creative Office Project in El Segundo
3/20/17
Ascend is designed by Frank Gehry

CA Home Sales and Prices Dip from January but Remain Well Above Prior Year
3/16/17
Continued supply shortage is not likely to improve soon according to C.A.R.

The Majority of Real Estate Investors in the Americas Expected to be Net Buyers in 2017
3/10/17
Survey from CBRE says that Los Angeles is the number one market and industrial is the most attractive property type

LA’s South Bay Industrial Market Closed Out 2016 with a Booming Fourth Quarter
3/06/17
2017 expected to be a strong year, according to Colliers International

CBRE Announces 2017 Winners of Global Urban Photography Competition
3/03/17
10th annual edition of competition received recard-breaking 29,000 entries

Barbara Armendariz Launches Boutique Real Estate Services Firm with Kevin Herron
2/27/17
LA-based SharpLine to serve retail and industrial property sectors

Kidder Mathews Acquires OC Property Manager Alden Management Group
2/22/17
Deal boosts merged firm to 45 msf portfolio of properties under management

Savills Studley Buys Cresa Orange County
2/14/17
Move is expected to make consolidated operation the largest tenant advisory group in the region

Draftsmen & Craftsmen
2/13/17
McCormick Construction Completes Renovation of Redondo Beach Creative Office Campus

Inland Empire Ranks Second among U.S. Markets for Number of 1 msf+ Facilities Built from 2010 to 2016
2/09/17
Philadelphia leads the nation in such development, according to CBRE report

Shaun Stiles and Katie Cowan Join Cushman & Wakefield
2/08/17
Tri-Cities experts come over from JLL

Election Seen as Having Little Impact on California Commercial Real Estate
2/02/17
Latest Allen Matkins/UCLA Anderson Forecast California CRE Survey shows no discernable shift in ongoing trends

San Bernardino County’s Upcoming State of the County Business Forum to Feature Forbes Publisher Karlgaard and ESRI Founder Dangermond, Among Others
2/01/17
Annual event will be held on March 8 at Citizens Business Bank Arena

US Industrial Market Absorbed a Record 283 msf of Space in 2016
1/31/17
Latest research info from Cushman & Wakefield shows 27 consecutive quarters of net occupancy gains for the sector

Lew Horne Appointed President of CBRE Group’s Newly Formed SoCal-Hawaii Division
1/26/17
Expanded role give him oversight of San Diego and Hawaii in addition to Greater LA and OC

San Diego Office Market Closes Out the Year with Strong Absorption Numbers
1/24/17
Latest CBRE research shows that fourth quarter office leasing activity was the highest ever

Prime Logistics Yields Across Globe near Historic Lows, Spurred by Growth of E-Commerce
1/12/17
CBRE report finds the Inland Empire and Los Angeles are among the world’s 10 markets with the lowest yields

CBRE Group Acquires Software Solutions Service Firm Floored Inc
1/06/17
Company’s products include floorplan layout software and an interactive 3D walk-through program

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