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IRVINE, CA—RealtyTrac census analysis looks at nationwide trends at the county level, and baby boomers are downsizing to less expensive markets, while millennials are chasing jobs.
PHOENIX—Santa Ana-based MCA Realty has partnered with HG Capital to acquire a 72,241-square-foot industrial and manufacturing asset located at 6720 S. Clementine Court in Tempe.
NEW YORK CITY—Locally-based RCS Capital Corp. reports it has entered into an agreement to acquire a majority interest in Los Angeles-based Docupace Technologies, a firm that specializes in providing integrated, electronic processing technologies and systems for financial institutions and wealth management firms.
TORONTO, ON—Toronto-based Avison Young has acquired New Jersey-based asset management firm Kwartler Associates. The purchase further expands Avison Young's business-line coverage in New Jersey and throughout the tristate market, adding 27 employees to the firm's office in Morristown, NJ.
EMERYVILLE, CA—Leading “extreme-value” chain was sold by Berkshire Partners to an investment team that includes senior management and Hellman & Friedman.
SAN FRANCISCO—Thomas Hwang, coming for IndCor Properties, will work in the San Francisco office, running a portfolio of institutional assets throughout the western United States.
LOS ANGELES—The CBRE brokers who negotiated the landmark Beverly Hills land sale, which involved two Chinese entities, tell GlobeSt.com that the transaction was incredibly smooth, GlobeSt.com reports in this <b>UPDATE</b> to a previous story.
SEOUL, South Korea—Having bid twice as much as competitor Samsung, Hyundai Motor Co. says the purchase of the Kepco site for its new HQ and an auto-themed tourist attraction is still a solid investment.