Ariela Moraru
Walmart Anchors Largest Shopping Center in Rialto
The 239,552-square-foot property developed by NewMark Merrill Cos. and Pacific Retail Partners is nearing completion 13 years in. Rialto Marketplace will bring NewMark’s portfolio to more than 86 shopping centers.
Avison Young Taps LA County Research Manager
Arty Maharajh joins from Cushman & Wakefield and brings 16 years of commercial real estate research experience.
A10 Capital Secures $33M for San Diego Office Tower
The company is refinancing a short-term loan that funded Gemini Rosemont’s 2016 acquisition of the only office tower in San Diego’s Little Italy area.
Quantum Capital Secures $34M Financing for DTLA Outpatient Facility
The firm acted on behalf of Robhana Group, which purchased the site in 2012. Developer Inception Property Group broke ground on the 60,000-square-foot medical office building in February.
Avison Young Brokers $8M Sale of Monterey Boutique Hotel
Local private investor rises to the occasion to nab a 52-key property in an area with a moratorium on new hotel construction.
Bixby Closes $56M Sale of Orange County Building
Karma Automotive LLC purchased the 262,463-square-foot property it had leased in August 2016. The company is planning to redesign its new headquarters to include further employee amenities and a branded experience center for its new Revero luxury sedan.
Hotel Indigo Opens in DTLA
The 350-key property is part of Greenland USA’s mixed-use Metropolis development and marks the brand’s first project in the City of Angels.
Marcus & Millichap Closes on 79KSF SoCal Self-Storage Facility
The company acted on behalf of the seller and also secured the buyer of the 626-unit property in Palmdale, Calif.
CBRE Opens New Oakland Office
The 9,800-square-foot workspace will be 100 percent free-address and paperless, making use of wireless technology to promote flexibility, mobility and productivity.
Daum Commercial Inks SoCal Lease
Summit Financial Consultants leased a Class A property at Westlake Park Place, an eight-building office complex situated on a 27-acre site in the Conejo Valley.