The firm has purchased a 240-unit senior housing mixed-use property in Tustin for $83 million.

Fisher Phillips’ moves are part of a flight-to-quality trend in the area.

The single-tenant net-leased property closed at a 4.52% cap rate.

A $13.9 million loan for the transition in the San Mateo market.

The hotel, residential towers, and retail are expected to be completed in early 2028.

Online grocery commerce, food and pharmaceutical industries create demand.

JLL’s Q2 report said leasing is concentrated in small to mid-sized spaces.

Vista and Vallejo were in the top 10 for sales volume.