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RIVERSIDE, CA-The San Diego-based investment firm acquires the three-year-old Estancia Apartments from a Riverside seller. The 95%-occupied asset sits on 12 acres and comes with "a host of institutional-grade amenities," the buyer says.
TUSTIN, CA-Coreland Cos. will take over property management at the 938,000-sf Southbay Pavilion mall, plus other retail centers and some office properties. Coreland's Sharron King will oversee a team of seven for the Southbay assignment.
IRVINE, CA-In separate transactions for Irvine Spectrum, O'Neil Product Development, a portable printer designer and manufacturer, buys a 22,500-sf building and Southwest Dealer Services Inc. takes over a 12,443-sf building.
LOS ANGELES-It's billed as one of the region's largest industrial buys in five years as an East Coast buyer collects a West Coast portfolio. The City of Industry is home to nearly 1.3 million sf in the 32-building package.
TUSTIN, CA-The Irvine-based investment group buys the 628-unit Brookside Village Apartments from Aimco. The next move is a major renovation for a 96%-leased complex built in stages from 1967 through 1975.
WEST HOLLYWOOD, CA-The $70-million project is ready to move to the next stage now that a 1,142-space underground parking garage is completed. Due to open in March 2004, the center is a mix of shops and restaurants with Target and Best Buy as anchors.
PLEASANT HILL, CA-John F. Kennedy University buys a five-acre parcel that includes a 102,000-sf facility, which will house classrooms and administrative offices.
LOS ALAMITOS, CA-Real estate investment manager Rreef has disposed of a nine-building industrial and office park totaling 124,735 sf. The buyer gets a 92%-occupied asset and its first block of office product for the portfolio.
RANCHO CUCAMONGA, CA-The City Center Building is part of a two-building office development, with both properties more than 90% leased. The deed passes from Foothill City Center Ltd. to a private investor from Upland.
FAIRFIELD, CA- One will be a build-to-suit industrial venture, with the other planned as a corporate headquarters for the buyer.
From Placer.ai
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Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
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Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
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Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource