Industry News
Thorofare Capital Closes $21.5MM Construction Loan for Van Nuys, California Self-Storage Facility
LOS ANGELES, March 25, 2021 — Thorofare Capital, Inc. (“Thorofare”), a nationwide commercial real estate lender and affiliate of alternative investment manager Thorofare...
LaSalle Investment Mgmt. Spends $74.4MM for Medical Office Building in Beverly Hills
Los Angeles, CA (March 25, 2021) — Newmark announces the $74.4 million ($1,496 per square foot) sale of a five-story medical office building located...
Penwood Raises $382MM for New Industrial Fund with Southern California One of Two Targeted Regions
By Jon Peterson West Hartford, Conn.-based Penwood Real Estate Investment Management continues to have its eye on the Southern California market. The firm just...
Simi Valley Industrial Property Sells for $5.9MM
Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed a sale leaseback transaction for a two-story, Class...
STARK Takes Space at FLIGHT at Tustin Legacy
STARK will offer personal training, medical, and nutrition services in built-to-suit facility; the company will also operate FLIGHT’s state-of-the-art fitness amenity for office...
Macerich Obtains $950MM Liquidity Position through Sale, Stock Offering and Credit Facility
SANTA MONICA, Calif., March 26, 2021 -- Today, the Macerich Company (NYSE: MAC, the "Company") announced certain major capital events and other updates. Through March 25,...
WeWork to Become Publicly Traded Via SPAC Merger with BowX Acquisition Corp.
WeWork’s platform and global network position the company as a leader in flexible space, ideally situated to serve the multi-trillion dollar office space...
Sub-Zero Welcomes Sean Graffia to its Builder Team in Southern California
COSTA MESA, Calif., March 25, 2021 -- Sub-Zero Group West, Inc., the leading manufacturer of premium refrigeration, cooking equipment, and dishwashing brands Sub-Zero, Wolf, and Cove...
The Grocery Store Experience: How to Design Safe, Adaptable Shopping Environments
By Kara Eberle (Retail) of Cushing Terrell As we continue to settle into the economic and psychological realities of COVID-19, businesses are evaluating...
Self-Storage Industry Emerges as Strong Contender as Pandemic Shakes Up Other CRE Sectors
By Meghan Hall While many commercial real estate sectors struggled during 2020, the self-storage industry continued on its path of expansion. Its rise...
FirstService Residential to Manage Rancho San Joaquin Homeowners Association in Irvine
FirstService Residential, North America's leading community management company, was awarded the management contract for Rancho San Joaquin Homeowners Association in Irvine, California. FirstService...
Oaktree Closes Eighth Real Estate Opportunities Fund at $4.7B
LOS ANGELES--Oaktree Capital Management, L.P. (“Oaktree”) today announced the successful final close of Oaktree Real Estate Opportunities Fund VIII and related vehicles (“ROF...
