Marcus & Millichap
Parcel Sales Pare Matured Loan on 2,074,000 SQFT Lakewood Center to $221MM as Pacific Retail Venture Works Out Debt
Pacific Retail Capital Partners' joint venture has used a string of parcel sales to shrink the matured CMBS loan on Lakewood Center to...
Cass Street, Global Mutual Launch $20MM Site Work to Turn Former Costa Verde Center Into 13-Block High Street Village Near UTC
Sorrento Valley-based Cass Street Venture has started demolishing the long-vacant Costa Verde Center across from Westfield UTC, rebranding the 12.6-acre site as High...
20,000 SQFT Retail Beneath Santa Monica’s Waverly and Seychelle Condos Hits Market at $17MM, 70% Above 2021 Sale
The leasehold on two retail condominiums beneath Related California's Waverly and Seychelle towers on Ocean Avenue is back on the market at $17...
R.D. Olson, Joseph Martelli Land $84MM Refinancing for 271-Room Marriott Irvine Spectrum
R.D. Olson Development and longtime partner Joseph Martelli Real Estate Investments have recapitalized the 15-story Marriott Irvine Spectrum with an $84 million loan,...
EōS Fitness-Anchored Lake Elsinore City Center Hits Market at $34.87MM for 117,000 SQFT on Interstate 15
A 116,937-square-foot shopping center on Interstate 15 in Lake Elsinore, anchored by EōS Fitness and 94 percent occupied with a roster led by...
Longtime Family Owner Sells 29-Unit Empire Apartments in Anaheim for $8.5MM in All-Cash 1031 Play
A family that held Anaheim's Empire Apartments for more than three decades sold the 29-unit, townhome-heavy complex to a large property management company...
Bixby Capital Management Refinances Six-Property Portfolio, Including Newport Beach HQ, With $110MM Fixed-Rate Loan
Bixby Capital Management has refinanced a six-property, fully leased portfolio, pairing its own Quail Street headquarters in Newport Beach with five single-tenant industrial...
San Fernando Valley Buyer Acquires 41-Unit North Hollywood Apartments from Kwan Trust for $5.89MM
A San Fernando Valley buyer paid nearly $5.89MM, or $143,610 per unit, for a 41-unit North Hollywood apartment building at a 5.70% cap...
Manolo Farmers Market Owner Buys Its Longtime Home, 75,000 SQFT Main Street Marketplace in El Cajon, From DPI Retail for $17.5MM
The ownership group behind Manolo Farmers Market paid DPI Retail $17.5 million for Main Street Marketplace, the 75,328-square-foot El Cajon neighborhood center the...
Abacus Capital Group Affiliate Acquires 128-Unit Knollwood Meadows Apartments in Orcutt
An affiliate of Abacus Capital Group has bought the 128-unit Knollwood Meadows apartments in Orcutt from Knollwood Properties LP, one of only a...
Engine Real Estate Acquires 15,000 SQFT G-Son Studios Building in Atwater Village for $10MM
A Napa Valley-based father-and-son investment firm paid just under $10 million, backed by a $7.35 million Mega Bank loan, for the Glendale Boulevard...
San Diego Retail Vacancy Holds Near 5% as Big-Box Leases Meet a Thin Pipeline
San Diego's retail market absorbed a modest vacancy uptick through mid-2026, but a run of large national-tenant commitments and a nearly nonexistent construction...
