Industry News
Galvanize Buys Link Logistics’ Three-Building, 285,000 SQFT Tustin Industrial Portfolio for $74.1MM
Galvanize Real Estate, the climate-focused property arm of Tom Steyer's investment firm Galvanize, has paid $74.1 million for a three-building Tustin industrial portfolio...
Taylor Morrison Buys 185,000 SQFT Tustin Financial Plaza From Kingsbarn, Kelemen for $68.7MM to Build 145 Homes
Homebuilder Taylor Morrison paid $68.7 million for Tustin Financial Plaza, a five-building office campus that Kingsbarn Realty Capital and The Kelemen Company bought...
Overton Moore Properties Buys 248,000 SQFT MEI-Leased La Mirada Industrial Facility From Brookfield for $58.5MM
Overton Moore Properties paid $58.5 million for Brookfield's 248,105-square-foot La Mirada industrial building, inheriting a freshly renewed, market-rate lease with heavy-equipment specialist MEI...
Nuveen Real Estate Acquires 174,000 SQFT Marigold Center in San Luis Obispo from First Washington Realty for $58.25MM
Nuveen Real Estate has acquired Marigold Center, a Vons-anchored community center on San Luis Obispo's south side, from First Washington Realty for $58.25...
Inland Empire Industrial Construction Hits 15.1MM SQFT as Five Megaprojects Test 9.9% Vacancy
Inland Empire industrial construction climbed to 15.1 million square feet in the third quarter, its highest level since 2024, led by five projects...
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...
