CBRE
Multifamily Development Site Near USC in Los Angeles Sells for $5MM
Los Angeles – May 13, 2021 – CBRE announced the sale of a 0.29-acre multifamily development site near the University of Southern California...
DrinkPAK Expands in Santa Clarita Bringing Total Footprint to ~600,000 SQFT
Newmark Knight Frank (“Newmark”) announces that premier West Coast alcoholic and non-alcoholic beverage manufacturer DrinkPAK, LLC has signed two additional leases for 400,095 square feet,...
Institutional Owner Places Industrial Asset in Central Valley on the Market, Guidance Pricing of Around $85MM
By Jon Peterson An un-named institutional owner has put on the market for sale the 817,000 square industrial property in the Central Valley...
Los Angeles’ Mariposa on 3rd Apartment Complex Obtains $41.5MM Loan
LOS ANGELES – A fund sponsored by CBRE Global Investors has closed on a $41.5 million mortgage loan to refinance Mariposa on 3rd, a...
Griffis Residential Purchases Presidio View in Mission Valley for $155.7MM
CBRE has facilitated the sale of Presidio View, a 350-unit apartment community located in the Mission Valley area of San Diego, to Griffis Residential,...
Plaza Del Mar in Del Mar Heights Refinanced for $35.3MM
CBRE has announced a $35.3 million loan for the refinancing of Plaza Del Mar, an office property in the Del Mar Heights submarket of North County San Diego. Mark McGovern, Scott Peterson, Brian Cruz and Colby Matzke of CBRE’s debt and...
Industrial Building in Gardena Sells for $9.03MM
Los Angeles – May 5, 2021 – CBRE has arranged the sale of Gardena Business Park, a 42,385-square-foot multi-tenant industrial building in Gardena,...
CEG Capital Partners Purchase Convoy Village in Kearny Mesa for $16.2MM
(EDITOR’S NOTE: The transaction came to just under $383 per square foot.) CBRE announced that a partnership controlled by San Diego-based CEG Capital Partners-has purchased Convoy...
CBRE Arranges 1031-Exchange in Orange County for $6.8MM
Newport Beach, Calif. – May 3, 2021 – CBRE announced the sale of a 20-unit multifamily community in Los Alamitos, Calif., to a...
Eagle Plaza in Hesperia Sells for $5.45MM
Los Angeles – May 3, 2021 – CBRE announced the sale of Eagle Plaza, a retail property in Hesperia, Calif. to a Texas-based...
Experts: Fundamental Shift in Economy Propels Data Centers to Forefront of CRE Industry
By Meghan Hall 2020 produced both winners and losers in the commercial real estate industry, and with the sector flipped on its head,...
Report: Industrial Rent Premiums Rise as Logistics Firms Look to Air Freight to Solve Supply Chain Issues
By Meghan Hall It is no secret that asking rates for industrial real estate in core markets have increased, driven by the demands...
