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CT Takes Fleetwood HQ
May 09, 2008
Newport Beach, Calif.-based CT Realty Corp. has acquired Citrus Park, a 12-building office and industrial park in Riverside, Calif., from Fleetwood Enterprises Inc.
Sares Regis Takes California Industrial Facility, Plans Expansion
May 09, 2008
Sares Regis Group of Northern California has purchased Pinole Point Business Park in Richmond, Calif.
$1.1B Made Available for Development of Stem Cell Research Facilities in California
May 08, 2008
In an effort to accommodate the demand for more stem cell research in California, a group of organizations has committed an aggregate $831 million for the construction of facilities to be designed specifically for stem cell research activities. The funding will allow for a total of $1.1 billion for the projects, which will be located across the state.
Environmentalists OK Conservation Deal for California Development
May 08, 2008
After years of legal battles and negotiations, several major environmental groups and the Tejon Ranch Co. today announced they have reached an agreement that would preserve 90 percent of the 270,000-acre Tejon Ranch in California and enable development of a master-planned community, resort and industrial complex to continue.
San Diego Economy, Real Estate Likely to Remain Unsettled   
May 08, 2008
The San Diego area’s economy will remain beset by job losses in real estate and weak growth in other sectors for at least another two quarters, according to the annual UCLA Anderson Forecast from the University of California–Los Angeles Anderson School of Management. 
Research Shows Growing Pipeline of Datacenter Development
May 08, 2008
According to results from a study commissioned by San Francisco-based internet gateway datacenter owner Digital Realty Trust Inc., the number of datacenter projects on tap for the U.S. over the next 12 months is substantially higher than the anticipated figures from one year ago.
35 Condos at Phoenix-Area Trammell Crow Project to Hit the Auction Block
May 08, 2008
It was only in 2006 that Trammell Crow Residential opened the sales center for the 171 luxury condominiums at The Quarter in Glendale's $1.5 billion mixed-use Westgate City Center, but just two years later, the company has decided to go with the flow of the housing downturn and auction off the remaining 35 units.
Mini Mall in Corona Fetches $548 Per-SF
May 07, 2008
Ownership of Hamner Square, a 12,231-square-foot strip center in Corona, Calif., has changed hands. 
$18M Loan Paves Way for Beverly Hills Office & Retail Building
May 07, 2008
A plan to convert a former gas station site in Beverly Hills into the home of a 30,000-square-foot spec office and retail structure gets a boost with Newmark Realty Capital Inc.'s orchestration of an $18.1 million loan for the project
Behringer Harvard Announces MF Development in Denver
May 07, 2008
Behringer Harvard has announced its investment in Alexan Prospect, a 400-unit multi-family community slated for construction in the Central Platte Valley, a 120-acre area immediately west of the Denver central business district.
IMT Capital Takes 253 Units in Westlake Village for $69M
May 06, 2008
IMT Capital L.L.C. has announced that it has purchased Townhomes of Westlake Village, a 253-unit townhouse and apartment property in Ventura County, from Wilshire Equities for $68.5 million in cash.
Bellevue Square Shopping Center Undergoing $40M Renovation
May 06, 2008
Kemper Development Co. is giving the Bellevue Square regional shopping center a long overdue makeover, according to the Seattle Post-Intelligencer.
$40M Golf Clubhouse in the Works
May 06, 2008
Work has commenced on the development of the 82,000-square-foot Quintero Golf & Country Club Clubhouse at the 800-acre Quintero Golf & Country Club enclave located 45 minutes from downtown Phoenix in Peoria.
REIT Closes on 4 West Coast Office Buildings Totaling 275,000SF
May 05, 2008
Two weeks after announcing its plan to acquire seven office buildings in Southern California and Arizona, Pacific Office Properties Trust has closed on the purchase of four properties in San Diego and Phoenix. The REIT bought the assets, which total 275,000 square feet, from The Shidler Group.
Maui Business Park Gets OK
May 05, 2008
A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc., has received final zoning approval for its planned 179-acre Maui Business Park-Phase II project in Kahului, Maui.
GE Real Estate Funds Legacy Partners Pasadena, Calif., Buy
May 05, 2008
GE Real Estate has announced it has provided a $36.5 million first mortgage facility to Legacy Partners Commercial for its acquisition of an office building in Pasadena, Calif.
CalHFA Commits $2.4M for Affordable, Seniors MF
May 05, 2008
The California Housing Finance Agency (CalHFA) is once again teaming up with Habitat for Humanity to provide $2.43 million for first mortgages to stimulate new homeownership opportunities for more Californians.
Microsoft to Pre-Lease 571,800SF Office Building in Bellevue
May 05, 2008
Software giant Microsoft has committed to leasing City Center Plaza, a 571,800-square-foot office building currently being developed in Bellevue by Wright Runstad & Co. and Beacon Capital Partners, the Seattle Times reports.
Bioscience Firm Plans to Double Foster City Campus to 1.2MSF
May 05, 2008
Gilead Sciences Inc. is making big expansion plans at its Foster City compound, the San Francisco Examiner reports.
Healthcare Firm Takes 20,000SF in Costa Mesa
May 05, 2008
The 236,200-square-foot class A office property at 555 Anton Blvd. in Costa Mesa will welcome Blue Shield of California to its tenant roster.
Caruso Affiliated's The Americana at Brand, in Glendale, Opens
May 02, 2008
The $400 million, mixed-use development in Downtown Glendale, Calif., containing both retail and condominiums, has opened today, according the the developer, Caruso Affiliated.
More Retailers Announce Bankruptcy, Store Closings Amid Economic Downturn
May 02, 2008
Linens ‘n Things today became the latest retailer to file for Chapter 11 bankruptcy protection as the faltering economy begins to take its toll on consumer spending.
OliverMcMillan to Turn Former Everett Landfill into Mixed-Use Development
May 02, 2008
OliverMcMillan, a privately held San Diego–based developer, has purchased a mostly vacant 140-acre site from the City of Everett, Wash., for redevelopment as a mixed-use project. The price for the land alone was $8 million, according to a spokesperson for the city. Pre-development costs are estimated at $50 million, and an additional $400 million in development costs is projected.
Hypo Real Estate Closes $126M Loan for San Francisco Office Acquisition
May 02, 2008
Hypo Real Estate Capital Corp. has closed a $126 million loan for the acquisition of Ygnacio Center in Walnut Creek, Calif., which lies in the East Bay region of the San Francisco Bay area.
Opus Northwest Begins Construction on Park Apartments in Portland
May 02, 2008
Opus Northwest has broken ground on Park, a mixed-use, 101-unit apartment building in historic Alphabet District of Portland, Ore.
 
Denver
Colorado-Based Burger Chain Has Appetite For Growth
May 09, 2008 - Source: Rocky Mountain News
Smashburger, which was launched with just one store on Denver's Colorado Boulevard less than a year ago, plans to expand to 20 locations by year's end and eventually have 500 locations nationwide.
Denver Office Building Gets Under Way with New 330,000SF
May 08, 2008
With a 330,000-square-foot lease agreement from Xcel Energy in hand, Westfield Development Co. has just commenced construction of a 500,000-square-foot office tower in Denver's central business district.
Behringer Harvard Announces MF Development in Denver
May 07, 2008
Behringer Harvard has announced its investment in Alexan Prospect, a 400-unit multi-family community slated for construction in the Central Platte Valley, a 120-acre area immediately west of the Denver central business district.
MORE WEST DENVER HEADLINES
 
Los Angeles
CT Takes Fleetwood HQ
May 09, 2008
Newport Beach, Calif.-based CT Realty Corp. has acquired Citrus Park, a 12-building office and industrial park in Riverside, Calif., from Fleetwood Enterprises Inc.
Environmentalists OK Conservation Deal for California Development
May 08, 2008
After years of legal battles and negotiations, several major environmental groups and the Tejon Ranch Co. today announced they have reached an agreement that would preserve 90 percent of the 270,000-acre Tejon Ranch in California and enable development of a master-planned community, resort and industrial complex to continue.
$18M Loan Paves Way for Beverly Hills Office & Retail Building
May 07, 2008
A plan to convert a former gas station site in Beverly Hills into the home of a 30,000-square-foot spec office and retail structure gets a boost with Newmark Realty Capital Inc.'s orchestration of an $18.1 million loan for the project
MORE WEST LOS ANGELES HEADLINES
 
Orange County
Mini Mall in Corona Fetches $548 Per-SF
May 07, 2008
Ownership of Hamner Square, a 12,231-square-foot strip center in Corona, Calif., has changed hands. 
Healthcare Firm Takes 20,000SF in Costa Mesa
May 05, 2008
The 236,200-square-foot class A office property at 555 Anton Blvd. in Costa Mesa will welcome Blue Shield of California to its tenant roster.
GMH Military Housing Division Bought by Balfour Beatty
May 01, 2008
Balfour Beatty Group has completed acquisition of the military housing division of GMH Communities Trust for $350 million, it has reported.
MORE WEST ORANGE COUNTY HEADLINES
 
San Diego
San Diego Economy, Real Estate Likely to Remain Unsettled   
May 08, 2008
The San Diego area’s economy will remain beset by job losses in real estate and weak growth in other sectors for at least another two quarters, according to the annual UCLA Anderson Forecast from the University of California–Los Angeles Anderson School of Management. 
Landmark San Diego Restaurant Struggling
May 07, 2008 - Source: San Diego Union-Tribune
Chuey's Numero Uno is in bankruptcy, with the city among its creditors.
Landmark San Diego Restaurant Struggling
May 07, 2008 - Source: San Diego Union-Tribune
Chuey's Numero Uno is in bankruptcy, with the city among its creditors.
MORE WEST SAN DIEGO HEADLINES
 
San Francisco
Sares Regis Takes California Industrial Facility, Plans Expansion
May 09, 2008
Sares Regis Group of Northern California has purchased Pinole Point Business Park in Richmond, Calif.
Research Shows Growing Pipeline of Datacenter Development
May 08, 2008
According to results from a study commissioned by San Francisco-based internet gateway datacenter owner Digital Realty Trust Inc., the number of datacenter projects on tap for the U.S. over the next 12 months is substantially higher than the anticipated figures from one year ago.
Tavern on the Green May Save Troubled Metreon
May 07, 2008 - Source: San Francisco Chronicle
The iconic New York restaurant will open a location atop the San Francisco shopping center.
MORE WEST SAN FRANCISCO HEADLINES
 
Seattle/Portland
Bellevue Square Shopping Center Undergoing $40M Renovation
May 06, 2008
Kemper Development Co. is giving the Bellevue Square regional shopping center a long overdue makeover, according to the Seattle Post-Intelligencer.
Microsoft to Pre-Lease 571,800SF Office Building in Bellevue
May 05, 2008
Software giant Microsoft has committed to leasing City Center Plaza, a 571,800-square-foot office building currently being developed in Bellevue by Wright Runstad & Co. and Beacon Capital Partners, the Seattle Times reports.
OliverMcMillan to Turn Former Everett Landfill into Mixed-Use Development
May 02, 2008
OliverMcMillan, a privately held San Diego–based developer, has purchased a mostly vacant 140-acre site from the City of Everett, Wash., for redevelopment as a mixed-use project. The price for the land alone was $8 million, according to a spokesperson for the city. Pre-development costs are estimated at $50 million, and an additional $400 million in development costs is projected.
MORE WEST SEATTLE/PORTLAND HEADLINES
 

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