Finance
Metropolitan Invests $19.6MM in Santa Monica Water Recycling Project
Board votes to approve $19.6 million in funding from Local Resources Program LOS ANGELES--A recycled water and groundwater recovery project that will produce...
Kenco Logistics Leases Nearly 400,000 SQFT Industrial Facility in Perris
Ontario, CA (May 11, 2021) — Newmark announces it has negotiated a lease on behalf of Kenco Logistics, one of North America’s leading...
CO Architects Signs 27,461 SQFT Lease at Wilshire Courtyard in Los Angeles
LOS ANGELES, Calif, May 12, 2021 – Onni Group’s Wilshire Courtyard office campus in Los Angeles, California has signed a new long-term lease...
Institutional Owner Places Industrial Asset in Central Valley on the Market, Guidance Pricing of Around $85MM
By Jon Peterson An un-named institutional owner has put on the market for sale the 817,000 square industrial property in the Central Valley...
100,000 SQFT Industrial Property in Brea Sells for $21MM
LOS ANGELES and BOSTON -- Staley Point Capital ("Staley Point"), a value-add investor focused on industrial properties in Southern California, and Bain Capital...
112,000 SQFT Commercial Building in Norwalk Acquired for $30.2MM
(EDITOR’S NOTE: According to a source familiar with the transaction, the property sold for $30.2 million, or just under $270 per square foot.)...
Elion Partners Completes Series of Acquisitions, Including $12.95MM Purchase in Carlsbad
(EDITOR’S NOTE: According to industry sources, the property at 6212 Corte del Abeto, Carlsbad, sold for approximately $12.95MM, or $185 per square foot.)...
Magnolia Tyler Center in Riverside Sells for $39.4MM
NEWPORT BEACH, Calif., May 7, 2021 – JLL Capital Markets announced today that it has closed the $39.4 million sale of Magnolia Tyler Center, a...
Los Angeles’ Mariposa on 3rd Apartment Complex Obtains $41.5MM Loan
LOS ANGELES – A fund sponsored by CBRE Global Investors has closed on a $41.5 million mortgage loan to refinance Mariposa on 3rd, a...
Lee & Associates Negotiates 31,206 SQFT Industrial Lease in Santa Ana
MAY 6, 2021 (NEWPORT BEACH, CA) – The 31,206 square foot industrial building located at 3601 West Pendleton Avenue, Santa Ana, CA leased to Goodwill...
16,000 SQFT Industrial Building in Anaheim Sells for $4.16MM
MAY 6, 2021 (NEWPORT BEACH, CA) – The 16,000 square foot industrial building located at 1140 North Tustin Avenue, Anaheim, CA sold to Hunter Food...
Griffis Residential Purchases Presidio View in Mission Valley for $155.7MM
CBRE has facilitated the sale of Presidio View, a 350-unit apartment community located in the Mission Valley area of San Diego, to Griffis Residential,...
