Clorox Sells Headquarters, Will Leaseback
OAKLAND—Clorox has completed the sale of its downtown headquarters to Westcore Properties.Westcore paid $110 million for the 520,000-square-foot office tower, where Clorox will keep its headquarters under the sale-leaseback deal.
WASHINGTON, DC—Office vacancies in transit-served submarkets are 370 basis points lower. JLL’s Scott Homa describes the correlation between demand and existing or forthcoming mass transit access.
IRVINE, CA—The “silver lining” in ATTOM Data Solutions’ latest report is that wage growth is outpacing home price growth in a majority of markets, says the firm’s Daren Blomquist.
SAN DIEGO—Panelists at the recent NIC Spring Investment Forum talk about how more home care organizations are moving toward tech-enabled models and online direct-to-consumer platforms.
TACOMA, WA—CBRE Capital Advisors will be the exclusive broker for Global Index Group’s initial duETS product will be tied to changes in the NCREIF Property Index.