Victor Coleman and Bentall Centre in Vancouver Hudson Pacific Properties added 500,000 square feet of leases in the second quarter on top of the 1 million square feet from the first three months of the year, as the real estate investment trust pushed into new and existing markets. Overall, the Los Angeles based REIT reported […]
Foreign investor drops $13.7M on fully leased shopping center in San Gabriel Valley
Rick Edwards, partner at Seagrove Property Group and the property Seagrove Property Group has sold a fully leased shopping center in the San Gabriel Valley. The property — at 1241-1251 Lone Hill Avenue in the city of Glendora — traded for $13.65 million. The buyer is a private foreign investor, which completed the deal using […]
SoCal digest: The latest news from the counties outside LA
Chula Vista hotel and convention center San Diego County Developers were likely popping bottles in Chula Vista, which, after a two-decade-long approval process, approved plans for a $1.13 billion hotel and convention center in June. In what city officials described as a “momentous” development, the Port of San Diego authorized a Coastal Development Permit for […]
Reonomy is signing “exclusive” partnerships with data providers, but it’s not clear what that means for competitors
Reonomy’s Rich Sarkis (Credit: iStock) In the commercial real estate data industry, access is key. With this in mind, one firm is attempting to secure what it calls “exclusive” partnerships with the biggest data providers — a move that has befuddled competitors. Reonomy, a New York-based analytics firm that pools public data from other sources […]
The house that Kawhi built: A look at the Clippers proposed arena
Clippers owner Steve Ballmer, Kawhi Leonard and a rendering of the Clippers Arena Inglewood project (Credit: Getty Images, NBA) The timing couldn’t have been better. Just as the Clippers announced the signing of their biggest star, Kawhi Leonard, the team has revealed plans for their new arena in Inglewood, a 26-acre development that would finally […]
Common goals: Rapper teams up with investors for ambitious South Works redevelopment plan
Common and the South Works site (Credit: Getty Images, Flickr via Creative Commons) A group of development firms are joining the rapper to propose a $71 million mixed-use campus including a film production lot, hotels and concert venues on the 415-acre South Works site, according to the Chicago Tribune. The development team also includes Los […]