Boston
Khanna Enterprises Acquires 469-Room Westin Long Beach for $42MM at Steep Discount
Irvine-based hotel operator picks up downtown convention hotel from Rockpoint and Highgate at roughly half its 2017 price tag Irvine-based Khanna Enterprises has...
Alexandria Sells Three UTC Land Parcels in San Diego for $40MM
Alexandria Real Estate Equities sold three contiguous land parcels at 9363, 9373, and 9393 Towne Centre Drive in San Diego’s University Town Center...
Alexandria Real Estate Slashes Dividend 45% as Life Science Downturn Forces Strategy Shift
The pioneering life science REIT posts its fifth consecutive quarterly loss while accelerating asset sales to shore up balance sheet Alexandria Real Estate...
NY State Pension Fund Taps Bridge Investment for $600MM Logistics Fund Targeting California and Pacific Northwest, Adds $181MM in Apartments
Pension fund establishes dedicated development vehicle while adding nearly $181 million in West Coast apartments to direct holdings The New York State Common...
Shorenstein CEO Sees ‘Generational Buying Opportunity’ in Office Market Recovery
Office Real Estate Stages a Comeback as Investors Return to Once-Shunned Sector After years of distress, the commercial office market is showing signs...
Orange County’s 455,000 SQFT Flight Creative Campus Changes Hands in $200MM Deal
Glendon Capital Takes Majority Stake in Tustin Legacy Office Development as Market Tests Quality Premium A hedge fund known for distressed investments has...
IQHQ Opens Progress Park, Expanding San Diego’s RaDD District Waterfront Amenities
1.7-acre public space marks latest milestone in life sciences developer’s ambitious downtown transformation San Diego’s downtown waterfront gained a significant new amenity this...
San Diego Life Sciences Market Posts Strong Absorption Despite Rising Vacancy
Novartis mega-lease drives positive momentum as region balances growth with supply challenges San Diego’s life sciences real estate market demonstrated resilience in the...
Los Angeles Life Sciences Market Defies National Trend with Low Vacancy
Supply constraints and university research strength keep Greater LA resilient as other markets struggle While major life sciences markets across the country grapple...
Carmel Partners Pays $141MM for 244-Unit Stella in Marina Del Rey
San Francisco firm acquires the complex as Southern California market grapples with rising vacancy and tepid rent growth Carmel Partners has made a...
BXP’s Los Angeles Portfolio Maintains Occupancy at Steep Cost to Rental Income
The nation’s largest office landlord posts occupancy gains in Southern California, but 41 percent rent decline reveals the price of tenant retention The...
Los Angeles Office Market Stumbles as AI Boom Bypasses Entertainment Capital
Without a robust tech ecosystem, the nation’s second-largest city struggles while AI hubs thrive Los Angeles is facing a downturn in the commercial...
