West
Top 5 California Markets for Self Storage Development Activity
We’ve identified the top-performing California metros based on in-progress and planned projects as a percentage of existing stock, drawing on Yardi Matrix data.
Las Vegas Stripped of Appeal as Casinos Suffer
The coronavirus pandemic led to a nearly 33 percent drop-off in transactions in the weeks following Governor Sisolak’s nonessential business closure order—though one asset class is bucking the trend.
Los Angeles Mall to Land New Owner
CIM Group is set to acquire Baldwin Hills Crenshaw Plaza for more than $100 million, and may redevelop the property.
Stos Partners Buys Inland Empire Industrial Asset for $29M
The 228,912-square-foot facility is fully leased to a publicly-traded healthcare company.
Empire Square Pays $41M for Silicon Valley Facility
The 102,668-square-foot building in the Golden Triangle last changed ownership in 2016.
MIG Real Estate Sells San Diego Office Park for $15M
Wells Fargo Bank provided acquisition financing for the 72,803-square-foot Viewridge Business Park.
Atlas Capital Group Closes Los Angeles Value-Add Acquisition
Formerly occupied by Bank of America, the 315,000-square-foot office building in Pasadena, Calif., will be repositioned as a multi-tenant property.
Dart Interests Inks San Diego Full-Building Lease
The 200,000-square-foot life sciences property underwent a $50 million renovation in 2014.
Casey Brown Co. Buys 2 San Diego Office Properties
The assets total nearly 55,000 square feet and traded for $14.5 million.
Eldorado Resorts to Sell 2 Casinos for $155M
The news comes on the heels of the collapse of a previous agreement to transfer the properties to Maverick Gaming.