CA Commercial Real Estate News & My Articles
California Commercial Real Estate News
- Glendale Office Tower Trades to Pendulum and Landrock February 14, 2025Newmark arranged the sale of 505 N. Brand Blvd., a 329,431-square-foot, recently renovated Class A office tower located in Glendale. The property sold for an undisclosed amount. Co-head of U.S. Capital Markets Kevin Shannon, vice chairmen Ken White, Rob Hannan, Michael Moll and Laura Stumm, executive vice chairman Kevin Donner, managing director Ben Lushing and […]
- Terreno Completes Industrial Redevelopment of Santa Ana Site February 14, 2025Bellevue, WA-based Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, completed the redevelopment of a property in Santa Ana. Located at 1720 E. Garry Ave., the property is immediately adjacent to the Costa Mesa Freeway (CA 55) and less than two miles from the intersection […]
- Belmont Village Opens Senior Living Development at Bishop Ranch February 14, 2025Belmont Village Senior Living has opened Belmont Village San Ramon, its fifth Bay Area development and 16th California community. Located at 1000 Walnut Dr., the 177-unit property was developed in partnership with Sunset Development and is located within the Bishop Ranch mixed-use neighborhood. The development includes studio, one- and two-bedroom options for independent living, assisted living […]
- EVPassport Teams with CBRE on Nationwide Rollout of Charging Stations February 14, 2025Santa Monica-based EVPassport, a leader in enterprise EV charging solutions, is partnering with CBRE to provide a network of EV charging solutions, with a focus on multifamily and hospitality properties. Under the agreement, CBRE will support the deployment of more than 3,600 EV chargers across more than 600 U.S. sites. The collaboration is intended to […]
- BKM Nearly Triples Transaction Activity in 2024 February 13, 2025Newport Beach-based BKM Capital Partners, a vertically integrated institutional fund manager specializing in value-add light industrial properties, announced a record-setting year of growth and operational achievements. Over the past 12 months, the firm completed $2.45 billion in acquisitions and dispositions across 10.9 million square feet of small-bay light industrial space, a nearly 300% year-over-year increase in transaction […]
- IHO Unveils Affordable in Riverside for Transitional-Age Youth February 13, 2025Innovative Housing Opportunities (IHO), one of California’s leading affordable housing developers, has opened its latest affordable housing community in Riverside. Called The Aspire, the community, at the corner of 3rd Street and Fairmount Boulevard, features 33 fully furnished housing units for transitional- age youth, including young people aging out of the foster care system. The […]
- California People and Company News, Week of Feb. 14, 2025 February 13, 2025The post California People and Company News, Week of Feb. 14, 2025 appeared first on Connect CRE.
- LA County Expands Footprint at SAG-AFTRA Plaza February 13, 2025JLL has signed Los Angeles County to a new 43,798-square-foot office lease at SAG-AFTRA Plaza, an 11-story 530,000-square-foot Class A office building at 5757 Wilshire Blvd. in Los Angeles’ Miracle Mile submarket. The county is expanding from 35,548 square feet. The new lease comes a few months after the landlord J.H. Snyder completed an extensive renovation […]
- Irvine Redevelopment Site Will Yield Affordable Multifamily February 12, 2025Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the sale of 2400 Barranca, a 4.95-acre redevelopment site located in the Irvine Business Complex in Irvine. The property sold for $26.5 million. “This site presented a multitude of development opportunities from for-sale townhomes to industrial redevelopment,” said Kevin Green, IPA executive managing director investments. “Inevitably, after a […]
- Hanley’s Asher and Lefko Close Two Quick Quack Sales within 30 Days February 12, 2025Hanley Investment Group Real Estate Advisors arranged the sale of two new construction, single-tenant properties occupied by a Quick Quack Car Wash to two private buyers within 30 days. The two properties in Grand Terrace and Lodi sold for a combined $5.38 million, each with a new absolute triple-net ground lease with an initial term of […]
My Articles
February 27, 2024 – Market Rate Affordable Housing Development Gaining Steam in Los Angeles