What happened, and who moved.

TUSTIN, CALIF. — USA Properties Fund, in partnership with Irvine Co., has started construction on Terracina at Tustin Legacy, a 338-unit affordable housing community located southeast of Anaheim in Tustin. The community sits within a 1,600-acre master-planned development that is transforming a former Marine Corps…
Federal Realty Investment Trust told analysts its Lot 12 residential project at San Jose's Santana Row remains on time and on budget for a late 2027 delivery, part of an 800-unit densification effort the trust showcased at its June Investor Day at the Silicon Valley flagship. The post Federal Realty Advances…

Mochila Fulfillment has committed to staying put in West Sacramento, renewing 165,342 square feet at Southport Business Park in a quarter when renewals did more to stabilize Sacramento’s industrial market than any new deal. A third-party logistics operator extended its lease at 2935 Ramco Street, according to…

Wholesale tile distributor MIR Mosaic is trading its longtime San Jose base for a larger building at Morgan Hill's Butterfield 5 industrial park, joining a wave of manufacturers and advanced-technology tenants staking out room to grow at the southern edge of Silicon Valley. The post MIR Mosaic Relocates…
Six years after San Jose blessed one of its most ambitious suburban makeovers, the owner of Cambrian Park Plaza is asking the city for more time and a smaller first bite, conceding that the fully approved plan does not pencil out in today’s market. Kimco Realty, which inherited the 17-acre Cambrian Park Plaza site…

Simon Property Group has partnered with AMLI Residential to develop 850 apartments at the Fashion Valley mall site in San Diego.

A $258 million sale-and-leaseback transaction involving a San Diego life sciences campus demonstrates investor appetite for the sector.

Alexandria Real Estate Equities is developing mixed office and laboratory space targeting established life science companies graduating from startup phase.

Shorenstein Properties completed a $146 million sale of an office building in San Diego's life sciences hub.

A storied San Diego hotel is undergoing a significant renovation and capital improvement project.

An office property in Carlsbad, California sold for $14 million, reflecting market activity in the region.

Market activity and planned speculative industrial development in San Diego responding to strong tenant demand.

Cresleigh Homes is planning a 37-story residential tower development in downtown San Diego.

A retail property in Encinitas, California sold for $43 million.

A developer undertakes renovation and repositioning of a 1980s industrial building in the Scripps Ranch area.

Quick-service restaurant chain Qdoba is relocating its headquarters to a historic office building in San Diego.

Sentinel Real Estate acquired two apartment complexes in the US Pacific region for $168 million.

The project will bring affordable apartments to Tustin by mid-2029.

A commercial real estate brokerage completed the sale of an industrial property in the Otay Mesa submarket of San Diego, California.

As San Jose begins to create standards for building data centers, residents, advocates and researchers warn the city needs to develop robust safeguards for community health before approving any new projects. San Jose is kickstarting its community engagement process this month through September, gathering input on…

Amazon renews its 300K SF lease at 525 Market St. and plans additional growth in San Francisco office and robotics spaces.

RAF Pacifica Group (RPG), a commercial real estate investment firm focused on acquiring and developing retail, industrial, mixed-use, and office properties across San Diego, has acquired a fully leased, five-tenant retail building at 548-568 South Coast Hwy. 101 in downtown Encinitas. The acquisition price was not…
An international advertising agency is more than doubling its office footprint with a new headquarters lease in El Segundo, Calif. Innocean USA signed the 101,000-square-foot deal at Hackman Capital Partners’ creative office campus in the small enclave just south of Los Angeles International Airport. The agency…

Blackstone sold a 28-building, 1.9 million-square-foot industrial portfolio in Sacramento’s North Natomas submarket to Blue Rise Ventures and DRA Advisors, marking the region’s largest portfolio transaction since 2017 as Colliers points to tightening supply ahead. Blackstone has sold a 28-building industrial…

Blackstone sold a 28-building, 1.9 million-square-foot industrial portfolio in Sacramento’s North Natomas submarket to Blue Rise Ventures and DRA Advisors, marking the region’s largest portfolio transaction since 2017 as Colliers points to tightening supply ahead. Blackstone has sold a 28-building industrial…

SAN BERNARDINO, CALIF. — Commercial mortgage banking firm PSRS has arranged a $11.2 million loan for the refinancing of a nine-story office building in San Bernardino. At the time of financing, the 126,000-square-foot property was 89 percent leased to tenants such as the Internal Revenue Service (IRS) and the City…

SUMNER, WASH. — Mesa West Capital has provided Timberlane Partners with a $52 million short-term, first-mortgage loan to refinance Sumner Mill Apartments in Sumner, approximately 30 miles south of Seattle. Joshua Westerberg led the Mesa West Capital team that originated the loan. Jake Roberts of BWE’s Los Angeles…

SAN BERNARDINO, CALIF. — PSRS has arranged a $11.2 million loan for refinancing for a nine-story office building in San Bernardino. At the time of financing, the 126,000-square-foot property was 89 percent occupied, as it has been since 2000. Tenants include the IRS and the City of San Bernardino. Jacob Lee and…

Nine months after acquiring a shuttered West Sacramento bottling plant that had put more than 350 people out of work, Redwood Beverage Group has leased an entire 236,716-square-foot distribution building nearby, signaling that the private-equity-backed co-packer intends to operate at a scale well beyond the plant…

Sacramento’s office vacancy declined and absorption turned positive in the second quarter, but every one of the market’s five largest leases went to a government or healthcare tenant, leaving the sector’s recovery resting on public-sector demand as private companies continue to sit on the sidelines, according to…

Silicon Valley’s retail landscape has shifted into a landlord’s market, where ethnic grocers, medical users and drive-thru coffee chains are competing over a shrinking supply of well-located, high-infrastructure space even as single-tenant net-lease investment sales slide for a second consecutive year. Silicon…

Amazon has agreed to a multi-year extension of its roughly 300,000-square-foot lease at 525 Market St., adding about 30,000 square feet even as the company shutters its downtown artificial general intelligence lab and pares back its office footprint elsewhere in San Francisco. The post Amazon Renews 300,000 SQFT…

Blackstone sold a 28-building, 1.9 million-square-foot industrial portfolio in Sacramento’s North Natomas submarket to Blue Rise Ventures and DRA Advisors, marking the region’s largest portfolio transaction since 2017 as Colliers points to tightening supply ahead. Blackstone has sold a 28-building industrial…

MESA, ARIZ. — CBRE has arranged the $52.4 million sale of Avia 266. Beverly Hills, California-based Geringer Capital sold the 267-unit community in Mesa, which will be renamed The Remy,… The post Geringer Capital Sells Avia 266 in Metro Phoenix for $52.4M appeared first on Multifamily & Affordable Housing Business .

Google has doubled down on its office footprint in Sunnyvale by leasing two properties, signaling a commitment to reverse a trend of shedding office space in the post-pandemic era. The tech giant confirmed it has signed lease renewals for Moffett Place on Borregas Avenue and Moffett Gateway on Crossman Avenue in…

Come this spring, plumbing problems, sinking floors and decaying walls will no longer be issues for the low-income families living at an East San Jose apartment complex — thanks to a nonprofit’s effort to preserve the city’s shrinking unsubsidized affordable housing stock. Construction has begun at The Virginian…

Pacific Retail Capital Partners, the owner of Lombard’s Yorktown Center, is suing The Fresh Market for upwards of $15 million for bailing on plans to open a new store at the suburban Chicago mall. In the lawsuit filed Monday in DuPage County Circuit Court, Pacific Retail, the Los Angeles-based Yorktown Center…

Colliers has been awarded the exclusive leasing assignment for 25 buildings within the recently acquired North Market Industrial Park, a 28-building industrial portfolio. Vice chair Mark Demetre, VP Michael Hoo, and senior associate Nathan Miller will lead the leasing efforts and strategy on behalf of the owner,…

Oura Health converted the full-building lease it signed in January into an outright purchase of 500 Pine Street, paying $41.5 million for the boutique North Financial District property and designating San Francisco its official global headquarters. The post Oura Acquires Its 56,000 SQFT San Francisco HQ at 500 Pine…

MONTEREY PARK, CALIF. — The Olson Co. has acquired a 7.9-acre office campus in Monterey Park, located east of downtown Los Angeles, for $24.8 million. The buyer plans to redevelop the two-building, 120,191-square-foot property into a residential community. Originally built in 1980, the campus was previously owned…

The Tenderloin Neighborhood Development Corporation and Chinatown Community Development Center have opened 730 Stanyan, a 160-unit, entirely affordable apartment complex built on the Haight-Ashbury lot San Francisco bought and cleared after a shuttered McDonald's became one of the neighborhood's most persistent…

FedEx buys its longtime 211,000 SQFT South San Francisco warehouse for $94 million as Peninsula industrial vacancy tightens. The post FedEx Buys 211,000 SQFT South San Francisco Warehouse for $94MM appeared first on The Registry Northern California Real Estate .

The bank's second infusion into the 29-acre Dogpatch megaproject pairs a construction loan for a 342-unit building with equity in an untested fund, putting institutional capital behind the proposition that housing for households earning too much for subsidy and too little to absorb market rents can pencil as an…

Ryder Integrated Logistics has committed to an entire Class A distribution building on the former Aerojet Rocketdyne campus in Rancho Cordova, delivering Sacramento’s largest industrial lease of the second quarter and handing the Highway 50 Corridor its strongest absorption showing in years. A Miami-area logistics…

Hudson Pacific Properties anchored the busiest leasing quarter in its history with a 24-year commitment from the City and County of San Francisco at its 1455 Market tower, even as the real estate investment trust accelerated a Northern California disposition program that has already cleared buildings in North San…

HOUSTON — Camden Property Trust (NYSE: CPT) has sold an 11-property, 3,620-unit apartment portfolio in Southern California for approximately $1.6 billion. The buyer was a BlackRock-managed investment entity. According to… The post BlackRock Acquires 11-Property Camden Portfolio for $1.6B appeared first on…

Beacon Capital Partners has enlisted JLL to sell 655 Montgomery Street, an 87 percent-leased Class A tower facing the Transamerica Pyramid, betting that a strengthening San Francisco office recovery will reward the stabilized, view-rich asset it acquired with CalSTRS for $191.5 million in 2019. The post Beacon…

Beacon Capital Partners has enlisted JLL to sell 655 Montgomery Street, an 87 percent-leased Class A tower facing the Transamerica Pyramid, betting that a strengthening San Francisco office recovery will reward the stabilized, view-rich asset it acquired with CalSTRS for $191.5 million in 2019. The post Beacon…

Lightstone Capital, Lightstone’s real estate debt platform, recently closed three originations totaling $70 million across California and Texas. The financings include two multifamily communities in the San Diego region and an industrial property in the greater Houston logistics corridor. In California, Lightstone…

An office property in San Francisco’s South Financial District that’s home to software firm Docusign Inc. is hitting the market with one of the highest asking prices seen locally since the pandemic, the San Francisco Business Times reported. The 383,000-square-foot 221 Main St., owned by Pimco Prime Real Estate and…
BlackRock has acquired more than 3,600 rental residential units in Southern California in one of the region’s largest commercial real estate deals in recent memory. It’s also the largest U.S. multifamily sale since June 2024. One of the investment vehicles run by the asset management titan put down $1.63 billion…

JLL Capital Markets said Wednesday it had arranged the $1.625-billion sale and financed a significant portion of the portfolio of an 11-property, 3,620-unit multifamily portfolio spanning Southern California’s most supply-constrained submarkets. The transaction by Camden Property Trust represents the largest U.S.…

Another multifamily community in Greater Phoenix sold to an out-of-state investor. San Diego-based ColRich acquired the Avia 266 apartments at 2354 West University Drive in Mesa for $52.4 million, AZ Big Media reported. Beverly Hills-based Geringer Capital was the seller of the 267-unit property, which will be…

Pimco Prime Real Estate is seeking roughly $653 a square foot for the Docusign-anchored tower, a price that would rank among San Francisco’s highest post-pandemic office trades as citywide vacancy hits its lowest point since 2023 and leasing volume approaches a three-decade high. A nearly fully leased San Francisco…

FONTANA, CALIF. — Faris Lee Investments has negotiated the $5.3 million sale of a retail strip center in Fontana, located in Southern California’s San Bernardino County. Jeff Conover, Scott DeYoung and Greg Lukosky of Faris Lee Investments handled the transaction. The names of the buyer and seller were not…

Alexandria Real Estate Equities captured twice its market share of San Francisco Bay Area leasing in the second quarter, its strongest regional showing, as advanced technology users supplied nearly 30 percent of companywide volume and the REIT closed a $163 million Palo Alto sale to a residential developer. The…
California Attorney General Rob Bonta's office has stepped into the long-running fight over N17's 80 Willow Road development, warning Menlo Park that it can no longer withhold streamlined approval of the 665-home project or force the developer to bankroll the city's outside legal bills. The post California Attorney…

FONTANA, CALIF. — Faris Lee Investments has negotiated the $5.3 million sale of a retail strip center in Fontana. Jeff Conover, Scott DeYoung and Greg Lukosky of Faris Lee Investments handled the transaction. The names of the buyer and seller were not released. Chipotle, Jersey Mike’s, Dragon Grill, KWIK Charge EV…

BAKERSFIELD, CALIF. — San Diego-based Torrey Financial Group has sold a renovated, single-tenant retail property in Bakersfield. A Los Angeles-based investor acquired the asset for $2.6 million. The 8,302-square-foot building was originally constructed in 2013 and was fully renovated in 2025. AutoZone occupies the…

A 322,560-square-foot warehouse on Shideler Parkway in Lathrop is the lone California asset in an eight-building national portfolio just recapitalized with $213 million in cross-collateralized debt from PGIM Real Estate, landing in a Central Valley market where vacancy has started to fall and quarterly leasing…