Rockwood Capital
Electronic Arts Renews and Expands to 93,193 SQFT at Del Rey Campus in Marina/Playa Vista
Electronic Arts has executed a renewal and expansion totaling 93,193 square feet at the Del Rey campus located at 4820-4840 Alla Road in...
Rockwood Capital’s Clock Tower Building Hits the Market as Santa Monica’s Office Reset Deepens
Owner seeks a buyer for the 55,362-square-foot landmark amid financial strain and shifting demand The commercial real estate shakeout across coastal Southern California...
GR Properties USA Secures $42MM Financing for Santa Monica Mixed-Use Property
Deal highlights continued cross-Pacific appetite for prime coastal California real estate despite broader market headwinds A Hong Kong-based property company has successfully refinanced...
Koll Center Newport Towers Sold for $70MM to MetLife in Newport Beach Distressed Office Deal
Investment giant assumes $108 million loan for just $70 million as John Wayne Airport area becomes epicenter of office distress MetLife Investment Management...
Cress Capital Buys 214,000 SQFT Newport Beach Office Tower for $41MM After Debt Default
A distressed 214,858-square-foot office building at 1301 Dove Street in Newport Beach has sold to Cress Capital for $41 million, or roughly $191...
Historic Santa Monica Clock Tower Faces Financial Crisis as Office Market Struggles
Century-old Art Deco landmark’s $26.7 million loan enters special servicing amid plummeting occupancy and cash flow The Santa Monica Clock Tower, a 12-story...
Western Alliance Bank Reclaims San Diego’s 360,000 SQFT 600 B Street Tower at $44.4MM Valuation
The 24-story office tower at 600 B Street in downtown San Diego, once a symbol of the city’s thriving business district, has returned...
Rockwood Capital and Artisan Realty Sell Pair of North Hollywood Buildings Totaling 260,000 SQFT for $45MM
The NoHo Collection, a prominent pair of office properties in North Hollywood’s Arts District, has recently traded hands for approximately $45 million, according...
Foreclosure of Downtown San Diego’s 360,000 SQFT 600 B Street is a Sign of Broader Challenges
One office property in downtown San Diego is facing significant setback. The 24-story office tower at 600 B Street is heading toward foreclosure...
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...
San Diego’s Multifamily Market Looking Strong Heading into 2023, According to Kidder Mathews Q4 2022 Report
By Jack Stubbs The multifamily market in San Diego showed robust health at the end of last year, with low vacancy and increased...
MG Properties, Rockwood Capital Purchase 379-Unit Apartment Community in San Diego for $185MM
(EDITOR’S NOTE: According to information from MG Properties, Domain San Diego sold for $184.6 million, or about $487,071 per unit.) SAN DIEGO —...
