Industry News
Amber Creek, Rosewood Associates Sell 206-Unit Amberwood and Rosewood Apartments Portfolio for $36.65MM in Fallbrook
Two longtime ownership entities sold the Amberwood and Rosewood apartment communities in Fallbrook for a combined $36.65 million, handing buyers 206 older units...
EōS Fitness-Anchored Lake Elsinore City Center Hits Market at $34.87MM for 117,000 SQFT on Interstate 15
A 116,937-square-foot shopping center on Interstate 15 in Lake Elsinore, anchored by EōS Fitness and 94 percent occupied with a roster led by...
Fletcher Jones Auto Pays $30MM for 17,000 SQFT Wilshire Dealership Site in Beverly Hills Once Eyed for 102 Apartments
Fletcher Jones Auto has paid $30 million for a 16,580-square-foot dealership building at 8833-8845 Wilshire Boulevard, buying out longtime owner Anderson Real Estate...
LACERA Lands $200MM Slot in Energy Capital Partners’ $8.1 Billion Power Fund, Adds $75MM Whitman Peterson Co-Investment
The Los Angeles County Employees Retirement Association squeezed a $200 million commitment into Energy Capital Partners' oversubscribed sixth flagship fund just as it...
SoCal Apartment Sales Surge 36% to $4.3 Billion as Rents Stall and Cap Rates Rise
Southern California apartment investors drove third-quarter sales to $4.32 billion even as rents stalled and cap rates climbed, a sign the region is...
Digital Realty Targets $3B for Open-End Hyperscale Data Center Fund as Arkansas Teachers Commits $100MM
Digital Realty is courting roughly $3 billion in cornerstone capital for a permanent, core-plus vehicle built to own stabilized North American hyperscale data...
New York State Common Retirement Fund Buys Blackstone’s 520,000 SQFT Owens & Minor Warehouse in Ontario for $143MM
New York's state pension fund has taken a fully leased Inland Empire West distribution building off Blackstone's hands through a separate account, betting...
Orange County Apartment Sales Nearly Triple to $1.1 Billion as Cap Rates Fall to 4.6%
Orange County’s apartment market posted a nearly threefold jump in quarterly sales volume and the region’s strongest rent growth in the third quarter,...
Greenlaw Partners Buys 346,000 SQFT 100 Bayview in Newport Beach From Granite Properties for $98MM
Newport Beach-based Greenlaw Partners has bought 100 Bayview, the twin-tower, 346,335-square-foot office campus above the Back Bay, from Granite Properties for $98 million,...
Former North Hollywood Kmart Turned Tesla Hub Hits Market With $4.9MM NOI and 122,000 SQFT Building
The owner of 13005 Sherman Way is marketing the 122,423-square-foot former Kmart, now one of Tesla's largest sales, service, delivery and collision centers...
Hines Buys Northwood Space-Leased 180,000 SQFT Torrance Headquarters From Lift Partners for $76.5MM
County records show Hines' flagship U.S. Property Partners fund is the buyer behind Lift Partners' sale of 18500 Crenshaw Boulevard, paying an implied...
Orange County Office Sales Surge 74% to $586MM in Q3, Busiest Quarter Since 2021
Investors spent $586 million on Orange County office buildings across eight deals in the third quarter, the most in a single quarter since...
