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May 27, 2024
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• Multi-Use Logistics Primed for Big Growth
This report was provided by real estate services firm JLL Industrial commercial real estate assets traded to the tune of nearly $96 bil in the United States in 2020, the second-best year on record, and the outlook for 2021 ...
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• 2020 Year-End Look at San Diego’s Medical Office Market
This report was provided by Joe Zurek, Senior Associate at the San Diego office of Cushman & Wakefield MARKET HIGHLIGHTS SUPPLY AND DEMAND: Resiliency in a Pandemic At the end of Q4 2020, San Diego’s medical office direc...
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• CBRE Acquires Beezley Management
CBRE has acquired Beezley Management (Beezley), a construction management and project advisory services firm based in the Los Angeles area. Beezley serves clients throughout the greater Los Angeles area and nationally and has...
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• Commercial Financing Briefs
BERKADIA -- Allan Freedman and Nick Provost with Berkadia secured a $65.6 mil refi loan on Laguna Serrano Apartments, a garden-style multifamily property located in Laguna Niguel, on behalf of an undisclosed California-based ...
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• Unusual Economic Recession Shows Mixed CRE Outlook through 2023, per Allen Matkins/UCLA Anderson Forecast California CRE Survey
The Winter 2021 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that the current pandemic-related economic recession is having a mixed effect on California commercial real estate sectors, a...
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• $32 Mil Crown Valley Park Community Building for Laguna Niguel Completed
Work has been completed on a new Crown Valley Park Community Building in Laguna Niguel. The $32 mil project was built by C.W. Driver Companies on behalf of the City of Laguna Niguel. LPA Inc was the architect for the develop...
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• Inland Empire’s East Valley Industrial Market Sees Strong Fourth Quarter 2020
This report was provided by the Riverside office of real estate services firm Lee & Associates The industrial real estate segment of the Inland Empire’s East Valley finished strong in the last quarter of 2020 with increased ...
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• PWS is Expanding Its CA Laundromat Locations
PWS, the nation’s largest developer of new laundromats and the premier broker of existing laundromats, is developing five new locations across California, with another two locations in final lease negotiations. The new reta...
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• Record $70 Bil Forecast Online Returns Expected to Boost Demand in an Already Tight Industrial Market
This report provided by real estate services firm CBRE Record e-commerce sales will drive more returns of goods bought online this holiday season than ever, stressing supply chains and increasing demand in the already tight ...
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• Moulton Company Locks in $69 Mil Recapitalization on Four-Property Industrial Portfolio
Moulton Company has secured a $69 mil recapitalization on a four-property industrial portfolio totaling 991.6k sf in the southwestern United States. The money was arranged by CBRE Capital Markets’ Debt & Structured Finance. ...
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• Office Assets Drive Rebound in Net-Lease Investment Activity
This report was provided by real estate services firm CBRE Investment in U.S. net-lease properties rebounded in Q3 2020, driven by strong interest in office assets and, despite COVID-19 related international travel restricti...
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• New 88k sf Athletics Center Completed at Orange Coast College
The new Kinesiology and Aquatics Pavilion at Orange Coast College (OCC) in Costa Mesa has been completed. The 88k sf athletics center features expanded and modernized space for a variety of OCC programs, including physical ed...
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• Voit Real Estate Services Teams Up with Tangerine Energy in Battery Storage Biz
Voit Real Estate Services has entered into an exclusive collaboration with Tangerine Energy, an energy development company that is working to positively impact the environment and provide grid stabilization to local geographi...
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• New Retail Center Completed by Primestor at Redeveloped Mixed-Use Community in South Central L.A.
Freedom Plaza, a brand-new neighborhood center that is the retail element of the Jordan Downs mixed-use development in Watts, a city in South-Central Los Angeles, has been completed. The 114.4k sf project, developed by Primes...
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• San Diego Unified School District Begins Work on $55 Mil K-5 Elementary School
The (SDUSD) has started construction on a $55 mil, K-5 elementary school located in the Mission Valley area of San Diego. The 77.3k sf school will be technology-oriented and accommodate up to 500 students and supporting staff...
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• Pandemic Stokes Already Robust Demand for Real Estate in the Life Sciences Sector
This report was provided by real estate services firm CBRE The pandemic has accelerated momentum in the U.S. life sciences industry, particularly amid the race to produce a COVID-19 vaccine and develop other medicines for hu...
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• Office Demand in San Diego Faces Significant Decline Amid COVID Pandemic
This report was provided by the San Diego region office of real estate services firm Colliers International Written by: Christopher Reutz Research Director | San Diego Region Colliers International Behind the Numbers • ...
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• LA-based JRK Property Holdings Expects to Complete $1.6 Bil in Deals by Year End
LA-based JRK Property Holdings, one of the largest multifamily landlords in the United States, has acquired a 538-unit apartment complex in the Washington, DC suburb of Gaithersburg, MD, as the first in a series of acquisitio...
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• Highgate to Acquire Six Hospitality Portfolios from Colony Capital in $2.8 Bil Transaction
Colony Capital Inc has entered into a definitive agreement to sell six of its hospitality portfolios to Highgate, a premier real estate investment and hospitality management company, in a transaction valued at $2.8 bil, inclu...
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• After Depressed Second Quarter, U.S. Hotel Industry is on Recovery Path
This report provided by CBRE. After facing the lowest occupancy levels since the 1930s and the greatest declines in revenues and profits ever experienced in the second quarter, the U.S. hotel industry is poised to begin a mu...
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