West

Office Sales Stall in San Francisco

Pricing and transaction volume dipped dramatically to start the year, CommercialEdge reports.

Investcorp Pays $60M for Phoenix-Area Asset

BankUnited provided more than $40 million in acquisition financing.

Hines Buys 2 San Diego Industrial Facilities for $77M

The company is expected to acquire two other properties at the same industrial park.

Tishman Speyer sold the property that is fully leased to Meta, doubling the price it paid for the Sunnyvale, Calif., complex in April 2021

Tishman Speyer Sells Meta Campus

This $707 million transaction marks Silicon Valley’s largest-ever investment sale.

LA Office Sales Strong in April

Although a decrease from the previous month, L.A. is still among the top three metros for office sales.

EJF Capital JV Lands $23M for Phoenix-Area Warehouse

Pacific Premier Bank provided the loan for the project, which is situated in a Qualified Opportunity Zone.

LA Office Vacancy Improves in April

Leasing activity in the market’s CBD increased for the first time this year.

San Francisco Office Vacancy Still High in April

San Francisco’s office vacancy lagged other gateway markets, but development activity remained solid through April.

Korean Investor Pays $520M for Industrial Portfolio

Totaling 1.2 million square feet, the properties are triple-net leased to Amazon.

North Palisade Partners Enters Bay Area Industrial Market

The company acquired a roughly 2-acre industrial infill site, with plans to develop a Class A facility.