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NEWPORT BEACH, CA—The Khoshbin Co. purchases the properties, which consist of a marina and two well-known retail landmarks in Newport Beach, for $28.9 million, GlobeSt.com learns <b>EXCLUSIVELY</b>.
SAN DIEGO—From a recovering economy reducing the need for doubling up to high single-family-housing prices and young seniors entering the apartment market, multifamily is still one of the strongest sectors, Gordon Gerson tells GlobeSt.com <b>EXCLUSIVELY</b>.
IMPERIAL BEACH, CA—The Imperial Beach submarket of San Diego has seen investor interest in multifamily surge as buyers hunt for few and far between coastal, value-add opportunities, IPA's Christopher Zorbas tells GlobeSt.com <b>EXCLUSIVELY</b>.
SAN FRANCISCO—Breather has a network of on-demand spaces that are conducive for getting work done, hosting meetings or simply taking a moment to relax for as long as needed, along with extending a stay.
NEW YORK CITY—Previewing his State of the State speech next week, the Governor has upstaged himself following Wednesday's proposal for a Penn Station overhaul.
YORK, PA—Alliance Partners HSP has scooped up another two industrial properties in York, PA, totaling approximately 566,000 square feet. The purchase, redevelopment and subsequent leasing of these buildings is the most recent in a series of industrial acquisitions by the company totaling approximately two million square feet.
NORTH PLAINFIELD, NJ—Metro Storage has acquired a former lawn and garden store at 351 Route 22 in North Plainfield, NJ that will be converted to a state-of-the-art Metro Self Storage facility.
FAIRFIELD, NJ—Woodmont Industrial Partners has named Ben Rosen director of acquisitions. In this new role, Rosen will spearhead the expansion of Woodmont Industrial Partners' portfolio of industrial properties and land sites across New York, New Jersey, Pennsylvania and beyond.