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April 6, 2025
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NEWS HEADLINES
Inland Empire Warehouse Property Trades for $257 Mil
4/04/25
Burlington Distribution acquires 890k sf Riverside facility from BlackRock

Kingsbarn Realty Capital Spends $115 Mil on Hollywood Class A Office Building
4/03/25
Firm picks up 115k sf structure at 1601 Vine



Work Finished on First Phase of 292-Unit Res Community in Duarte
4/02/25
Initial improvements at Solana at Duarte Station include 98 units and an eight-story parking structure

Trophy Life Sciences Campus in San Diego’s Torrey Pines Area Traded in $159 Mil Transaction
4/02/25
Breakthrough Properties buys 186k sf MUSE property from Diversified Healthcare Trust

Three-Property, 430-Unit Seniors Housing Portfolio in AZ and CA Lands $240 Mil in Tax-Exempt and Taxable Bond Financing
4/01/25
JLL and HJ Sims arrange money for The Integrated Senior Foundation’s Ativo Portfolio

Hudson Pacific Completes $475 Million CMBS Financing
4/01/25
Portion of proceeds used to fully repay $168 mil loan on the firm’s Element LA property

Pre-Leasing Starts at 336-Unit TX Res Project
3/31/25
Rylan at Gateway in Forney is a Development of Legacy Partners and The Resmark Companies

Work Gets Underway on 96-Unit Affordable Housing Project in Los Angeles’ Rose Hill Neighborhood
3/31/25
$57.8 mil development is being built by R.D. Olson for Related California Properties and the Housing Authority of the City of Los Angeles

Barker Pacific Group and Kingsbarn Realty Capital Pick Up 233k sf OC Office Asset in $32 Mil Transaction
3/28/25
Venture buys two-building Mission Ridge property in Mission Viejo

Community Preservation Partners Acquires 49-Unit Affordable Housing Community in Baldwin Park
3/28/25
Firm to spend $27 mil on purchase and renovations

Colorado Industrial Development to Move Forward with $20 Mil Joint Venture Equity Investment
3/27/25
Phase I of United Properties’ INOVA will consist of 442k sf in five buildings

Kensington Development Partners and IM Properties Acquire 30-Acre Parcel for AZ Retail Project
3/26/25
Venture to start work on Phase I of 300k sf Signature at SanTan Village

FPA Multifamily Pays $41 Mil for Res Community in Moreno Valley
3/26/25
227-unit Elevate at Towngate is sold by Brixton Capital

Lion Real Estate Group Buys 241-Unit Multifamily Community in Houston
3/25/25
Firm plans to finish ongoing renovations at Villages of Briar Forest

Kennedy Wilson Closes 200k sf Industrial Buy in Washington
3/25/25
Firm picks up Auburn Park 44

Shopoff Realty Investments Lands $49 Mil in Financing for Buena Park Redevelopment Project
3/24/25
Borrower to replace 370k sf Amway South Campus property with new for-sale townhome development

Commercial Real Estate Financing Briefs
3/21/25
Recent transactions from JLL Capital Markets, Marcus & Millichap Capital Corporation and Gantry

SB Real Estate Partners Closes $42 Mil Multifamily Buy in Las Vegas
3/21/25
Firm pays $294k/unit for 143-unit Brownstone Apartments

SDS Capital Group Launches SDS Impact Debt Platform
3/20/25
New entity expected to finance over $1 bil of res units over the next 18 months

Trio Manufacturing Leases 123k sf Industrial Facility in Carson
3/19/25
Relocation deal is worth about $20 mil

Sharp HealthCare Pays $444/sf for San Diego Office Building Leased to the County
3/19/25
28k sf structure in Kearny Mesa sold by Dollinger Properties

First Phase of Mixed-Use Development on UC Davis Health Campus in Sacramento Nearing Completion
3/18/25
Entire Aggie Square project expected to support 3,200 jobs and provide $500 mil in annual economic impact

Kenco Leases 642k sf Industrial Facility in Buckeye, AZ
3/18/25
Deal for recently constructed building is with EQT Exeter, who acquired the asset last year for $60 mil

American Assets Trust Acquires 192-Unit San Diego Multifamily Property
3/14/25
Deal is for Genesee Park in the city’s Clairemont area

OC Distribution Property Trades Hands in $92 Mil Deal
3/14/25
Birch Commerce Center goes for $420/sf

Rockefeller Group and Falcon Commercial Development to Build 558k sf Logistics Park in Baytown, TX
3/13/25
East Bay Trade Center to consist of two structures on 39 acres

Sage Homes Northwest Lands $67.6 Mil for Construction of 324-Unit Washington Res Development
3/13/25
CBRE arranges senior and mezzanine loans for Cypress Apartments in Lacey

Mark IV Capital Starts Work on Second Phase at 4,300-Acre NV Industrial Project
3/11/25
Multi-phase Victory Logistics District already has almost 2 msf of space completed

Echo Real Estate Capital Picks Up 70k sf Denver Medical Office Property
3/10/25
Deal is for two-building Rampart Medical Campus

Federal Realty Investment Trust Buys Monterey Retail Center in $123 Mil Deal
3/07/25
Purchase of 675k sf Del Monte Shopping Center works out to $183/sf

Commercial Real Estate Financing Briefs
3/05/25
Recent transactions from Gantry, Slatt Capital and Avatar Financial Group

Lincoln Property Company and PCCP LLC Acquire Grocery-Anchored OR Retail Center in $39 Mil Deal
3/05/25
Purchase is financed with $32.4 mil loan

Dedeaux Properties Secures Certificates of Occupancy on 850k sf of Inland Empire Industrial Developments
3/04/25
Other recent moves include the recapitalization of an IOS portfolio and a sale in Tejon Ranch

Brixton Capital Secures $250 Mil Joint Venture to Grow Western U.S. Shopping Center Portfolio
3/04/25
Arrangement will enable the venture to acquire about $700 mil of assets

Brixton Capital Acquires 215k sf Bay Area Shopping Center for $67 Mil
3/03/25
Firm pays over $300/sf for Washington Square in Petaluma

Bascom Group Closes $127 Mil Purchase of Rancho Palos Verdes Res Community
2/28/25
Acquisition of 257-unit Highridge Apartments works out to $494k/unit

Paso Robles Build-to-Rent Development Lands $116 Mil Refinancing
2/27/25
Max Benjamin Partners arranges new loan on 214-unit project on 17 acres within the Vinedo master-planned community

LBA Logistics Buys 220k sf Industrial Facility in Glendale, AZ
2/26/25
Newly built Class building sits on over 13 acres

Multifamily Community in Modesto Fetches $276.5k/Unit
2/25/25
$37.6 mil trade is for 136-unit Summerview Apartments

OC Office Asset Trades in $37.6 Mil Deal
2/25/25
143k sf building in Irvine goes for $262/sf

$35 Mil Irvine High School Performing Arts Center is Finished
2/24/25
25k sf project was built by C.W. Driver Companies

Commercial Real Estate Financing Briefs
2/21/25
Recent transactions from CBRE, MetroGroup Realty Finance and Gantry

NexMetro Portfolio of Eight Assets Recapitalized with $66 Mil of Preferred Equity and $206 Mil of Agency Money
2/21/25
JLL arranges new financing on Arizona, Colorado and Texas properties

Seattle Multifamily Asset Trades in $42 Mil Deal
2/20/25
106-unit Metro on First goes for over $400k/unit

Upscale Res Project Finished in Mountain View
2/20/25
203-unit Avelle is a development of Sares Regis Group of Northern California and Stockbridge Capital Group

Continental Realty Group Entity Pays $230k/Unit for AZ Res Community
2/19/25
$24.7 mil deal is for 107-unit Copper Point Apartments in Mesa

San Pedro Waterfront Development Lands $61 Mil Recapitalization
2/17/25
Newmark arranges senior loan and PACE financing on 42-acre West Harbor project

Commercial Real Estate Financing Briefs
2/17/25
$95 mil of recent deals from Gantry and JLL Capital Markets

Landrock LP and Pendulum Property Partners Buy Class Office Building in Glendale for $56 Mil
2/14/25
Deal is for 329k sf building at 505 North Brand Blvd

Unique NoCal Planned Resort Development Listing Hits the Market
2/13/25
Offering is for the fully entitled, 235-acre Paraiso Springs Resort property in Santa Lucia Highlands

WPT Capital Advisors Buys 1.1 msf of Warehouse Assets at Texas Industrial Campus
2/13/25
PCCP provides $72 for purchase of two buildings at Elizabeth Creek Gateway in North Fort Worth

WHAT'S NEW
Initial Speakers Announced for 2025 Inland Empire State of the Market Conference
3/31/25
RENTV is presenting its 2025 Inland Empire State of the Market Conference on Thursday, May 8, 2025 at the Embassy Suites by Hilton Ontario Airport Hotel. Click to learn more.

Small-Bay and Mid-Sized Industrial Spaces Command 10% Rent Premium in Houston
3/21/25
Latest data from Avison Young says that users of under 250k sf drive the market

Record-High RevPAR Forecasted for Seattle Hotels in 2025
3/18/25
CBRE update predicts the market will continue to see increasing demand in 2025

Washington State Data Center Leasing Reaches New High Amid Growth in Artificial Intelligence
3/17/25
CBRE report shows that Central Washington is the tightest data center market at 0.16% vacancy

What Do All of These Leading CRE Executives Have in Common?
3/17/25
Marc Brutten, Ethan Penner, Kaitlin Arduino and many other industry leaders chat with RENTV's Steve Bloom and All Star Group's Arnie Garfinkel about their businesses, their backgrounds, their thoughts about the future and much more.

Orange County Multifamily Market Sees Steady Fundamentals, Shifting Dynamics
3/13/25
End of year report from NAI Capital Commercial shows sales jump in the face of slowing development

Silicon Valley Data Center Leasing Doubled in 2024 Amid Growth in Artificial Intelligence
3/11/25
Tenants endure severe power constraints and delivery delays of five years or more for the ability to co-locate in the San Francisco Bay Area

San Francisco Bay Area Claims 11 of the Largest Office Leases in 2024
3/03/25
New report from CBRE shows that the tech industry regained the largest share of mega deals

Allen Matkins/UCLA Anderson California CRE Forecast Reveals Data Center Development Projected to Double, Driven by Demand for Digital Infrastructure
2/18/25
Survey also points to AI growth as leading an uptick in office demand

Aerospace Companies Remain Committed to OC Industrial Space While Logistics Firms Seek Cheaper Alternatives Elsewhere
2/07/25
JLL provides review of recent activity in the market

BKREA Chairman Bob Knakal Joins Host Michael Bull in Recent Episode of America's Commercial Real Estate Show
2/03/25
In this interesting video posted on The REview, the conversation covers commercial and multifamily market expectations for 2025. Discussions also include transaction volume and office trends, plus historically proven buyer and seller strategies.

Hear and Network with L.A. CRE Pros at State of the Market Conference
1/31/25
RENTV's 2025 Greater Los Angeles conference will be held on March 26 at the Hilton Los Angeles Culver City Hotel from 8:00 AM - 2:45 PM. The event will feature high-powered panels of top local executives and dealmakers discussing the Office, Retail, Industrial, Multifamily and Finance markets throughout the region.

Ventura County Industrial Market Sees Easing Shortages of Space Along With Rising Vacancies
1/31/25
NAI Capital Commercial shares year-end report on the market

Denver Metro Office Market Moving Toward Stabilization
1/28/25
Year-end research from CBRE shows that the region’s industrial market also seeing positive signs

CRE News, Videos, Conferences & More! RENTV Offers a Number of Services to Keep You Informed.
1/25/25
Learn about some of the different ways we can help keep you up-to-date about the industry, and how we can help you communicate with the people you want to do business with!

 
ETC. ETC...
Industry Veteran Chris Hake Launches Legacy Development Partners
4/04/25
New Phoenix-based development firm is backed by a strategic partnership with The Garrett Companies

Transwestern Investment Group and RX Health & Science Trust Acquire AZ Medical Outpatient Facility
4/04/25
93k sf Copper Point is located in Gilbert

200-Unit Affordable Housing Project in Marana, AZ is Nearing Completion
4/04/25
The Safford is a development of Dominium

Here are the CRE Experts Who Spoke at the Greater L.A. State of the Market Conference
4/02/25
See photos of all the industry pros who participated in RENTV's 2025 event for the Los Angeles area.

Purchase of WA Grocery-Anchored Retail Center Financed with $21.4 Mil Acquisition Loan
4/03/25
Gantry arranges money on 140k sf James Center in Tacoma

ATLAS Capital Partners and Hawkins Development Company Acquire AZ Site for Industrial Project
4/02/25
Venture spends $13.8 mil on 38 acres in Mesa

Archer and REDA to Transform Newport Beach Building into State-of-the-Art Medical Outpatient Center
4/01/25
Three-story, 78k sf structure was originally built by The Koll Company in 1980

Two New Single-Tenant Retail Buildings in Vista Sell for Combined $5.3 Mil
3/31/25
Buildings make up Melrose Landing property and are occupied by
Dutch Bros and Wendy’s

Scottsdale Open-Air Retail Center Reaches 98% Leased
3/31/25
Recent deals bring 575k sf The Promenade in Scottsdale to nearly full occupancy

FPA Multifamily Spends $18 Mil on Thousand Oaks Apartment Community
3/28/25
Deal for The Hills works out to $350k/unit

MCA Realty Pays $215/sf for a Las Vegas Industrial Building
3/28/25
Firm acquires 19.5k sf multi-tenant asset

Trammell Crow Company Secures $70 in Financing for NoCal Distribution Property
3/27/25
CBRE arranges money on 600k sf Tracy 205 Logistics Center

Historic Arizona Hotel Hits the Market
3/27/25
14-acre Arizona Inn in Tucson first opened in 1930

High Street Residential Acquires Six Acres in Thousand Oaks for Res Development
3/26/25
New project will consist of 328 res units for rent along with 8.5k sf of retail space

Mountainside Fitness Spends $4 Mil for AZ Pad Development Site
3/25/25
New gym facility will be the firm’s second location in Queen Creek

Commercial Real Estate Financing Briefs
3/25/25
Recent transactions from Bolour Associates, Gantry and Marcus & Millichap Capital Corporation

NAIOP SoCal Board Member Courtney Wing Named NAIOP Research Foundation Visionary
3/24/25
Wing is Vice President of Development and Construction at Newcastle Partners

New 292-Unit Res Community in Duarte Opens to the Public
3/24/25
Solana at Duarte Station is a development of MBK Rental Living

Fort Street Partners and Cumming Capital Management Partner Acquire Trophy Properties in Utah’s Silicon Slopes
3/20/25
Deal is for Lehi Spectrum I and II buildings

SoCal Brokerage Veteran Tony Morales Joins CBRE as Vice Chair
3/20/25
20+-year office pro to be based in Los Angeles

Tower Capital Arranges More Than $85 Mil in Financing for BTR and Multifamily Projects Across Texas, Arizona, Colorado & Florida
3/19/25
The four transactions encompass construction loans for trio of Build-to-Rent projects along with one multifamily property equity investment

Universal Health Services Spends $19 Mil on AZ Medical Facility
3/19/25
84k sf Palo Verde Behavioral Health Center in Tucson trades for $227/sf

Doerken Properties Closes $35 Mil NoCal Retail Buy
3/18/25
Deal for 123k sf Empire Shopping Center in Antioch works out to $283/sf

Lido House Hotel in Newport Beach to Undergo Significant Expansion
3/17/25
R.D. Olson Development to add five new cottage residences along with additional meeting and event space to the property

Phoenix Biz Campus Trades in $35 Mil Deal
3/14/25
Affiliate of BKM Capital Partners buys 159k sf Rose Garden Business Park

Framebridge Leases 38k sf Vegas-Area Industrial Space
3/14/25
Firm signs at 110k sf facility within Henderson 515 Logistics Center

KB Homes Spends $57.8 Mil on San Ramon Office Building
3/13/25
Firm will replace the Bishop Ranch 7 building with new residential development

Iconic Tucson Truck Terminal Property Offered for Sale at $10 Mil
3/13/25
Eleven-acre truck stop site includes a store, truckwash and travel center

Work Started on $15 Mil Renovation/Expansion of Beaumont Carnegie Library
3/12/25
C.W. Driver Companies and TSK Architects are responsible for making changes to the 110-year-old facility

Retail Center in L.A.’s Silver Lake Neighborhood Sells for $1,138/sf
3/11/25
11k sf asset was fully leased at time of sale

DWG Capital Partners Buys 79k sf TX Industrial Campus
3/10/25
27.8-acre property sits within an Opportunity Zone in Cameron

Lehi Property Development Buys 68-Acre Site in Oceanside
3/10/25
Buyer plans to develop a mixed-use community on the land

Databricks Leases 150k sf Office Space in Downtown San Francisco
3/07/25
Deal is the largest office signing in the market so far this year

AZ Office Campus Trades Between Private Investors in $23.5 Mil Deal
3/07/25
97k sf The Forum at Gilbert Ranch goes for $242/sf

Multifamily Property in San Diego’s South Mission Beach Neighborhood Trades for $575k/Unit
3/06/25
$9.2 mil deal is for 62-year-old asset with ocean frontage

AZ Industrial Facility Trades for $16.8 Mil
3/06/25
82k sf property sits on over five acres in Tempe

Owner/User Spends $14.4 Mil on Tempe, AZ Commercial Building
3/05/25
SIN 360 Dental to occupy of 41k sf of the 75k sf structure

Encinitas Coastal Retail Property Sells for $10 Mil
3/05/25
The Lofts at Moonlight Beach goes for $824/sf

Hines Breaks Ground on 139k sf OC Industrial Project
3/04/25
New Class A building in the Anaheim Stadium area is being marketed for sale or for lease

Blake Weber, Don Whittles, and Ned Whalen Join Kidder Mathews
3/04/25
Brokerage team and coordinator Brynleigh Samuelson come over from First Western Properties

Raising Cane’s Chain Spends $12.7 Mil for Retail Building in Berkeley
3/04/25
12k sf property will serve as a flagship location for the restaurant

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