News Releases
Suffolk Completes 1500 Granville, 153-Unit Mixed-use Residence for UCLA Medical Students
Completion of project provides an affordable and community-focused housing option for UCLA Medical House Staff and graduate students LOS ANGELES–Suffolk, one of the...
Columbia Property Trust Receives $2.2B Buyout Offer
NEW YORK—Arkhouse Partners LLC, AS8888 LLC, an entity of The Sapir Organization, and 8F Investment Partners Pte. Ltd., which together beneficially own approximately...
Harbor Associates Acquires 297,000 SQFT Office Property in Aliso Viejo for $92MM
(EDITOR’S NOTE: According to sources with knowledge of the transaction, the deal closed for $92 million, or just over $309 per square foot.) Long...
Alliant Capital Partners with Insite Development to Build 70+ Units for Disabled Seniors in Lancaste\r, CA
Alliant Capital announces today the closing of Essex Tower. The Project is the new construction of 70 multifamily apartments in Lancaster, California. This...
Blackstone & Starwood to Acquire Extended Stay America for $6B
Extended Stay America, Inc. (“ESA”) and its paired-share REIT, ESH Hospitality, Inc. (“ESH” and together with ESA, the “Company”) (NASDAQ: STAY) announced today...
Scripps Mesa Business Park in San Diego Closes $18MM Refinance
PHOENIX, ARIZONA (March 11, 2021) – James DuMars, senior vice president/managing director of NorthMarq’s Phoenix Debt/Equity office arranged the $18 million refinance of...
Los Angeles Area Chamber of Commerce Comments on Enactment of “American Rescue Plan”
LOS ANGELES, CA – MARCH 11, 2021 – The House of Representatives recently passed its $1.9 trillion COVID-19 relief package, the American Rescue Plan,...
Los Angeles Area Chamber of Commerce Responds to 2021 State of the State Address
LOS ANGELES, CA – MARCH 10, 2021 – Last night, California Governor Gavin Newsom delivered the annual State of the State address from Dodger Stadium...
Berkadia Secures $23.5MM in Financing for Commercial Office Property in Valencia, Calif.
COLUMBUS, Ohio – March 9, 2020 – Berkadia today announced the financing secured for the headquarters of digital marketing and technology company Scorpion in...
Industrial Property in Carlsbad Acquired for $5.24MM
San Diego – CBRE announced that a private 1031 exchange buyer has purchased an industrial property in Carlsbad, Calif. for $5.24 million or...
Buchanan Street Partners Pays $24MM for 91,517 SQFT Flex/Showroom in Orange County
Fountain Valley, CA (March 5, 2021) – Buchanan Street Partners recently purchased a three-building, 91,517-square-foot flex/showroom retail center for $24 million (just over $262...
Dermody Properties Leases 262,260 SQFT in the Inland Empire to Global One Logistics
We’re pleased to announce that we have leased LogistiCenter℠ at Park Meridian to Global One Logistics, a third-party warehousing and distribution specialist serving...
