Blackstone
Inland Empire Logs 3.5MM SQFT in Major Fourth Quarter Industrial Leases
Six transactions led by Elogistek’s 827,578 square foot commitment highlight selective demand for modern logistics space as regional vacancy climbs to 7.2%The Inland...
LA Developer Alon Abady Donates $103MM Office Tower at 9911 West Pico to Chabad After $35MM Bet Pays Off
Century City property purchased at market bottom transforms into North America’s largest Jewish community center A struggling office tower on Los Angeles’ Westside...
Blackstone Sells 248-Room Residence Inn in Torrance for $54MM as Hotel Investment Strategy Shifts
Capital Insight Acquires Extended-Stay Property Near Redondo Beach in Latest Blackstone Hotel Exit Blackstone has divested an extended-stay hotel in Torrance, selling the...
Blackstone, BioMed Realty Sell 340-Key Embassy Suites by Hilton in San Diego’s UTC for $111MM
Institutional partners exit University Town Center all-suite hotel as San Diego market navigates softening business travel demand JLL’s Hotels & Hospitality Group has...
CalPERS Doubles Down on Real Assets With $1.45 Billion Bet
The nation’s largest pension fund is pivoting away from troubled property sectors while pursuing climate-aligned infrastructure deals California Public Employees Retirement System is...
San Diego Apartment Vacancy Holds at 5% percent as Sales Prices Drop 13%
Construction deliveries fall 55 percent year-over-year while net absorption slows sharply in third quarter San Diego’s multifamily market is showing signs of adjustment...
Morgan Stanley Acquires 92,000 SQFT Oldcastle Manufacturing Facility in Fontana for $91.7MM
Price reflects specialized use as Inland Empire grapples with rising vacancy Morgan Stanley Real Estate Investing has acquired a 91,644-square-foot manufacturing facility in...
Avenue Equities Acquires 119,000 SQFT Irvine Industrial Campus from Blackstone for $42.35MM
Newport Beach firm pays $356 per square foot for fully leased Cartwright Business Park Industrial real estate continues to attract investor attention across...
Avenue Equities Acquires 118,000 SQFT Cartwright Business Park in Irvine for $42.35MM
Newport Beach-based Avenue Equities has closed on the acquisition of the fully leased Cartwright Business Park in Irvine, paying $42.35 million for the...
Related and Newland Acquire Lincoln Heights Campus Once Home to Forever 21 for $120MM
Real estate giants capitalize on distressed asset opportunity as Forever 21’s former headquarters finds new ownership A massive office and mixed-use complex in...
Burbank Production Facility Sells for $5.8MM, 27% Below Revised Asking Price
A state-of-the-art production and post-production facility in Burbank’s entertainment district has sold for $5.8 million, significantly below its revised asking price, highlighting the...
JRK Property Holdings Acquires Historic 401-Unit Sherman Oaks Apartment Complex for $129MM
Los Angeles investment firm pays $321,695 per unit for Chase Knolls, signaling continued confidence in San Fernando Valley multifamily market Los Angeles-based JRK...
