Newmark
State Farm Renews 46,000 SQFT at 655 N Central Avenue as Glendale Plaza Trades at Steep Discount
State Farm has renewed 46,312 square feet at Glendale Plaza, 655 N Central Avenue, giving the 24-story tower a stabilizing commitment in the...
Goldman Sachs Buys $280MM Senior Loan on Slatkins’ 327-Key Santa Monica Beach Hotels, Consolidating $400MM Debt Stack
Goldman Sachs has bought the $280 million senior mortgage on Shutters on the Beach and Hotel Casa del Mar out of special servicing,...
IZOLA Bakery Lands Second San Diego Location at Longfellow’s Biovista Life Science Campus
IZOLA, the East Village bakery that launched in 2020 by lowering croissants from a third-story window, will open its second bakeshop later this...
Newmark Lures Sarah Miller From Cushman & Wakefield to Co-Lead National Seniors Housing Valuation Practice
Newmark has hired veteran appraiser Sarah Miller, MAI, away from Cushman & Wakefield to co-lead its national seniors housing valuation and advisory discipline...
Costco Pays Brookfield $260MM for 114-Acre Menifee Site to Build 1.26MM SQFT Dry and Cold Depot
Costco Wholesale paid Brookfield Properties $260 million for about 114 acres of entitled land in the Menifee Valley Business Park, where the retailer...
DivcoWest Sells 542,000 SQFT Glendale Plaza to Sunny Hills for $70MM at 61% Discount
San Francisco-based DivcoWest sold the 24-story Glendale Plaza office tower to an entity tied to West Covina's Sunny Hills Management Co. for roughly...
Bilak Companies Sells Walgreens-Anchored Atlantic Crossing in Lynwood for $15MM in 20-Day 1031 Deal
A Los Angeles County shopping center anchored by a chain that has spent the past two years closing hundreds of underperforming stores nationwide...
California, Texas and Washington Together Drive More Than 26% of U.S. GDP
New figures from the U.S. Bureau of Economic Analysis show that the three states anchoring The Registry's coverage — California, Texas and Washington...
MDH Partners Acquires 152,000 SQFT Serrano Industrial Park in Jurupa Valley, Pushing California Portfolio Past 1.5MM SQFT
The Atlanta-based industrial investor picked up two of the three Class-A manufacturing buildings on Serrano Drive, wagering that a 12,000-amp power draw almost...
Walgreens-Anchored 39,000 SQFT Atlantic Crossing in Lynwood Sells for $10.91MM
The fully leased Walgreens-anchored center at Imperial Highway and Atlantic Avenue traded roughly five months after Newmark brought it to market, closing at...
Majestic Realty Buys Rivian-Leased 57,000 SQFT El Segundo R&D Facility for $27.25MM
Majestic Realty has acquired a fully leased, mission-critical research and development facility in El Segundo occupied by electric-vehicle maker Rivian, handing seller Hackman...
Aerospace and Defense Tenants Power South Bay Industrial Boom, Cutting LA Vacancy to 3.9%
Newmark's second-quarter report shows aerospace and defense manufacturers absorbing hundreds of thousands of square feet across El Segundo, Torrance and Long Beach, pushing...
