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CommercialFinanceIndustry NewsNews ReleasesSan Diego

Harbor Associates Acquires 211,000 SQFT Del Mar Office Campus for $77MM

(Editor’s Note: According to sources with knowledge of the transaction details, the property traded for $77 million, or around $365 per square foot....

San Diego, Cushman & Wakefield, Sorrento Mesa, Del Mar Heights, Torrey Pines, Montana Avenue Capital Partners, Dollinger Properties, Rancho Bernardo, Sorrento Valley, Alexandria Real Estate Equities, WP Carey, Phase 3 Real Estate Partners, IQHQ, Harrison Street, Sterling Bay, Stockdale Capital Partners
CommercialFinanceIndustry NewsNews ReleasesRetailSan Diego

BH Properties Spends $68.25MM for 405,250 SQFT Hazard Center in San Diego

(Editor’s Note: According to public documents filed with San Diego County, the transaction closed for $68.25 million, or around $168 per square foot....

joel-mott-7zODz1HMHK4-unsplash - Los Angeles
FinanceIndustry NewsLos Angeles

Report: Downtown LA’s 801 Tower to Sell for $60MM

In a significant transaction for the Downtown Los Angeles commercial real estate market, the 25-story office building known as 801 Tower has been...

San Diego
CommercialFinanceIndustry NewsSan Diego

The Irvine Company Lists 34-Story Symphony Towers in San Diego

By Catherine Sweeney Symphony Towers, a 34-story tower in San Diego’s downtown, is back on the market after more than two decades. The...

AECFinanceIndustrialIndustry NewsInland EmpireNews Releases

$756MM in Financing Secured for Construction of First Phase of 6.6MM SQFT Speedway Commerce Center in Fontana

NEW YORK –– A fund sponsored by CBRE Investment Management, in joint partnership with Hillwood Investment Properties, has secured an approximately $756 million...

Rexford Industrial, Blackstone Real Estate, Blackstone Property Partners, Blackstone Real Estate Partners, Blackstone Real Estate Income Trust, Los Angeles, Orange County
FinanceIndustrialIndustry NewsInland EmpireLos AngelesNews ReleasesOrange CountySan Diego

Invesco Real Estate Acquires Minority Stake in Faropoint

HOBOKEN, N.J.— Faropoint, a leading infill industrial investment manager, announced today it has closed on a strategic investment from Invesco Real Estate, a...

CommercialFinanceIndustry NewsLos Angeles

Brookfield Places 52-Story 777 Tower in Los Angeles up for Sale Following $318MM Loan Default

By The Registry Staff  In a move reflective of challenging financial circumstances, Brookfield DTLA, an affiliate of Toronto-based real estate giant Brookfield, is...

FinanceIndustry NewsNews ReleasesOrange CountyRetail

Continental Realty Pays $110MM for 292,000 SQFT Shopping Center in Costa Mesa

(EDITOR’S NOTE: According to a report from Commercial Observer, the property was acquired for $110 million, or about $376 per square foot. The...

FinanceIndustry NewsNews ReleasesOrange CountyResidential

Advanced Real Estate Pays $96MM for 264-Unit Apartment Complex in Huntington Beach

(EDITOR’S NOTE: According to information from the company, Advanced paid $96 million, or about $363,636 per unit, for the property.) Irvine, CA –...

FinanceIndustrialIndustry NewsLos AngelesNews Releases

Westcore Acquires Four Buildings Totaling 740,000 SQFT in Valencia for $211.3MM in 3.5MM SQFT Portfolio Deal

The 16 Buildings Spread Over Three Markets are 100% Occupied (Editor’s Note: The four Valencia buildings are located at 28104 and 28355 Witherspoon...

CommercialFinanceIndustrialIndustry NewsLos AngelesOrange CountySan Diego

Public Storage to Acquire Simply Self Storage from Blackstone in $2.2B Deal

GLENDALE, California and New York — Public Storage (NYSE:PSA) (the “Company”) and Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced today an agreement...

FinanceIndustrialIndustry NewsInland EmpireLos AngelesNews ReleasesOrange CountySan Diego

Prologis to Acquire Nearly 14MM SQFT of Industrial Properties from Blackstone in $3.1B Deal

SAN FRANCISCO and NEW YORK — Prologis, Inc. (NYSE: PLD) and Blackstone (NYSE: BX) today announced a definitive agreement for Prologis to acquire...

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