Long Beach
MWest Holdings Buys 94-Unit Multifamily Property in Long Beach for $48.5MM
Los Angeles, CA (February 18, 2022) — Newmark 1 announces it has completed the sale of 442 Residences, a newly constructed, 94-unit luxury...
The Governor’s Office of Business and Economic Development Awards $35 Million in Grant Funding to Local Jurisdictions to Support Equity in California’s Cannabis Industry
Sacramento, CA – Today, the Governor’s Office of Business and Economic Development (GO-Biz) announced $35 million in grant funding through the Cannabis Equity Grants Program...
21-Unit Apartment Community in Long Beach Sells for $5MM
Long Beach, Calif. February 4, 2022 – Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $5.04...
Parallel Capital Partners Sells 410,920 SQFT Tower in Long Beach for $85.5MM
Los Angeles, CA — Newmark 1 announces it has facilitated the sale of Shoreline Square, a Class A, 20-story, 410,920-square-foot tower in downtown...
Gelt Spends $156MM on 271-Unit Long Beach Apartment Community
BETHESDA, Md., Jan. 20, 2022 -- Walker & Dunlop, Inc. announced today that it facilitated the $156,000,000 sale ($575,645 per unit) and $91,260,000 financing of Volta on Pine, a 271-unit, core multifamily...
Report: US Warehouse Industry Sees “Huge” Rental Rate Increases
Scott Anderson Rapidly changing retail, resulting in more e-commerce, is a large reason rental rates are rising. According to a recent report by...
Regency Center Announces Fourth Quarter Investment Activity, Including $125MM Sale of Costa Verde Center in San Diego
JACKSONVILLE, Fla., Jan. 12, 2022 -- Regency Centers Corporation (“Regency” or the “Company”) (Nasdaq:REG) today announced recently completed transaction activity during the fourth...
Staley Point Capital Acquires 42,000 SQFT Warehouse in Commerce for $12.95MM
LOS ANGELES -- Staley Point Capital ("Staley Point"), a value-add investor focused on infill industrial properties, today announced the acquisition of 2425 Saybrook,...
Report: Los Angeles Industrial Market Sees Record Low Vacancies in Third Quarter
By Catherine Sweeney Industrial demand in Los Angeles is soaring to new highs, with record low vacancies and increased net absorption. According to...
Terreno Realty Purchases Rancho Dominguez Industrial Property for $13.8MM
BELLEVUE, Wash. -- Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired...
17-Property Multifamily Portfolio in Long Beach Totaling 155 Units Sells for $41.85MM
Long Beach, Calif. November 19, 2021 – Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has the completed the...
