Inland Empire
Columbia Property Trust to Be Acquired by Funds Managed by Pacific Investment Management Company LLC in a $3.9B Transaction
NEW YORK & NEWPORT BEACH, Calif.–Columbia Property Trust, Inc. (NYSE: CXP) today announced that it has entered into a definitive agreement to be acquired...
Harborside Completes Acquisition of its Desert Hot Springs Retail Location for $4.9MM
OAKLAND, Calif. – Harborside Inc. (“Harborside” or the “Company”) (CSE: HBOR), (OTCQX: HBORF) a California-focused, vertically integrated cannabis enterprise, today announced it has...
CalPERS Reports Preliminary 21.3% Investment Returns for Fiscal Year 2020-21; Strong Returns Trigger Reduction in Discount Rate to 6.8%
Sacramento, Calif. – CalPERS today reported a preliminary 21.3% net return on investments for the 12-month period that ended June 30, 2021. CalPERS assets...
ASB, Western National Acquire 521-Unit Apartment Complex in Inland Empire for $227MM
Rancho Cucamonga, CA – September 2, 2021 – ASB Real Estate Investments (ASB) announced today the acquisition of a 521-unit garden apartment complex...
Nuveen Acquires 236,700 SQFT Industrial Building in Inland Empire for $59.6MM
(EDITOR’S NOTE: According to industry reporting, the property sold for $59.6 million, or approximately $251.79 per square foot.) Ontario, Calif., (August 24, 2021)...
Crow Holdings Forms $1B U.S. Industrial JV with Abu Dhabi-Based Mubadala
Crow Holdings, a national real estate investment and development firm, and Mubadala Investment Company, the Abu Dhabi-based sovereign investor, have announced a joint...
Report: E-Commerce, Technology Growth Leads to Heightened Interest in Data Centers
By Catherine Sweeney As the world becomes increasingly digital and the demand for e-commerce continues to grow, data centers are becoming a significant...
PropTech: Doma Continues Mission to “Architect” the Future of Real Estate as it Goes Public
By Meghan Hall The real estate industry is ripe for change, and as a result, a number of new technologies are coming to...
Vendaval Corp to Bring Self-Sustained Affordable Housing Community to Moreno Valley
By Catherine Sweeney With the aim of providing affordable housing for veterans and seniors, Vendaval Corp. is bringing to life a “self-sustaining” affordable...
Report: As Manufacturers Create Supply Chain Resiliency, Near- and On-Shoring Becomes Hot Topic in CRE Industry
By Meghan Hall The world is more integrated than ever. Goods and services are not just traded across borders, but often produced in...
Vista Pacific Purchases 192-Unit Multifamily Property in Lake Elsinore for $46MM
SAN DIEGO — August 17, 2021 — Berkadia announced today the $46 million sale of Shoreline, a 192-unit garden-style multifamily property in Lake...
Worldwide Material Handling Acquires 135,287 SQFT Industrial Facility in San Bernardino for $21.5MM
LOS ANGELES, Calif. – Cushman & Wakefield announced the firm has represented Worldwide Material Handling (WWMH), a pioneer in wire mesh products for...
