Industry News

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Dermody Properties Leases 79,430 SQFT in the Inland Empire West

We recently leased LogistiCenter℠ at Rialto II Building 9 to a well-established leader in the bedding industry. The customer will lease the entire...

$72.65MM Westside Los Angeles Multifamily Portfolio Sale Brokered by Institutional Property Advisors

LOS ANGELES, Feb.25, 2021 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of the...

Dermody Properties Hires Cara Wright as Senior Investment Manager

We are pleased to welcome Cara Wright to the team in the role of Senior Investment Manager. Based in Southern California, she will be responsible...

Transwestern Breaks Ground on 483,500 SQFT Speculative Logistics Complex in Fontana

Two Projects in Inventory-Constrained Inland Empire to Deliver Before Year End Newport Beach, Calif. – Transwestern Development Company (TDC®) announces it has broken...

Southern California Is Still Golden: If Everyone is Leaving, Why is the Housing Market so Strong?

By Scott Wild, Ken Perlman and Lesley Deutch In 2020, we predicted The Great American Move would create new opportunities throughout the nation....

Drawbridge Leases up Sorrento Mesa Research Building to LumiraDX

San Diego, CA – February 18, 2021 – State of the art low-rise suburban buildings geared toward lab and other research uses continue...

Jefferson Pacific Beach in San Diego Refinanced for $69.75MM

San Diego – CBRE has announced a $69.75 million loan for the refinancing of Jefferson Pacific Beach, a recently constructed, 172-unit multifamily community in...

Two Industrial Buildings in Santee Sell for $5MM

San Diego – CBRE has announced the $5 million sale of two industrial buildings in Santee, Calif., to a high net-worth 1031-exchange buyer...

Industrial Property in Carlsbad Sells for $25.75MM

San Diego – CBRE announced that an undisclosed buyer has purchased an industrial property in Carlsbad, Calif. for $25.75 million. CBRE’s Roger Carlson,...

Dermody Properties Leases 104,878 SQFT in Ontario

We have leased the property at 3120 E. Mission Blvd. to a national, privately-owned distributor of shipping, industrial and packaging materials. “With close...

Hines Sells 515 E. Dyer in Santa Ana for $113.5MM

(EDITOR’S NOTE: According to public documents, the buyer is an entity associated with San Diego-based Realty Income Corporation.) (NEWPORT BEACH, CALIFORNIA) – Hines,...

CBRE Capital Markets’ Debt & Structured Finance Group Arranges $93.4 Million Loan for Playa Vista Creative Portfolio

CBRE Capital Markets arranged a $93.4 million refinancing for the Playa Vista Creative Portfolio on behalf of a global real estate investment manager....