California

Affinius Capital, Alliance Residential Dispose of 545-Unit Seniors Housing Portfolio in Northern California

by Amy Works September 21, 2026

ROSEVILLE AND SAN JOSE, CALIF. — A joint venture between Affinius Capital and Alliance Residential has sold a two-property seniors housing portfolio totaling 545 units in Northern California. The portfolio includes Sonrisa Senior Living in Roseville and The Watermark at Almaden in San Jose. Sonrisa Senior Living comprises 201 independent living units, 120 assisted living units and 24 memory care units across two buildings that were constructed in 2021 and 2023. The Watermark at Almaden, which features 200 independent living, assisted living and memory care units, opened in 2021. Amenities at the communities include outdoor pools, fitness centers, salons and spas, theaters and bocce ball and pickleball courts. Aaron Rosenzweig, Dan Baker and Sandis Seale of JLL Capital Markets arranged the transaction on behalf of the seller. A publicly traded REIT acquired the properties for an undisclosed price. According to a statement released by JLL, the transaction represents one of the largest seniors housing portfolio sales in Northern California in recent years.

September 21, 2026

Acquisitions California Industrial Western

Newmark Brokers Sale of Four-Building Industrial Portfolio in Silicon Valley

by Amy Works September 21, 2026

MILPITAS, CALIF. — Newmark has arranged the sale of The Cadillac Court Industrial Portfolio, an industrial campus in Milpitas. An undisclosed seller sold the four-building property to Galvanize Real Estate, the sustainable real estate strategy of Galvanize, for an undisclosed price. Steve Golubchik, Edmund Najera, Darren Hollak and Brendan Raney of Newmark represented the seller in the deal. Approximately 95 percent leased, the 302,447-square-foot campus is adjacent to Interstate 880 and offers immediate access to State Route 237. Built between 1991 and 1994, the property features 61 dock-high doors, 16 grade-level doors and approximately 8,000 amps of power. The campus serves a diverse tenant roster spanning millworker and fabrication, corporate services, technology and distribution uses.

September 21, 2026

Acquisitions California Multifamily Western

Tesseract Capital Sells Apartment Property in Modesto, California for $26.6M

by Amy Works September 21, 2026

MODESTO, CALIF. — San Francisco-based Tesseract Capital Group has completed the sale of The Marc at 1600 in Modesto to an undisclosed family office for $26.6 million. Located at 1600 Standiford Ave., The Marc at 1600 features 100 one- and two-bedroom apartments with an average size of 798 square feet. Otto Ozen, Brian Nakamura and Nazli Santana of The Mogharebi Group represented the seller in the deal.

September 21, 2026

Arizona California Georgia Loans Retail Western

JLL Arranges $154.1M in Financing for Six-Property Retail Portfolio Spanning Three States

by Amy Works September 18, 2026

CALIFORNIA — JLL has arranged $154.1 million in financing for a six-property, 1.3 million-square-foot retail portfolio spanning California, Arizona and Georgia. Chris Drew, John Marshall, Wells Waller, Jarrod Howard, Gabriel Davenport and Preston Bacon of JLL Capital Markets secured financing for the borrowers, Kimco Realty Corp. and an institutional joint venture partner, through institutional investors advised by J.P. Morgan Asset Management. The portfolio includes Morena Plaza in San Diego, Rancho San Diego in El Cajon, Calif., Vail Ranch Plaza and Redhawk Towne Center in Temecula, Calif.; North Decatur Station in Decatur, Ga.; and The Summit at Scottsdale in Scottsdale, Ariz. The portfolio is 99 percent occupied with a 4.6-year weighted average lease term and features grocery anchors, including Costco, Walmart, Whole Foods Market, Sprouts Farmers Market and Safeway. National tenants occupy approximately 76 percent of the portfolio’s gross leasable area, with 46 percent of the tenant roster comprising investment-grade credit.

September 18, 2026

California Civic Development Western

C.W. Driver Cos. Breaks Ground on $74M Middle School, Gym Facility in Malibu

by Amy Works September 18, 2026

MALIBU, CALIF. — C.W. Driver Cos., as general contractor, has broken ground on Phase II of the Malibu Middle and High School campus for the Santa Monica-Malibu Unified School District. The $74 million phase includes middle school core and gymnasium facilities. Phase II will include two distinct buildings, totaling 40,000 square feet. The middle school core building will feature special education and counseling spaces, a wellness center, media lab, food-service areas and shaded outdoor spaces. The gymnasium facility will feature a fitness studio and multi-sport court supporting games, including basketball, volleyball, soccer and badminton. The second phase is slated for completion in late 2028. Project partners include LPA Architecture, Massetti Consulting and Element Consulting.

September 18, 2026

Acquisitions California Office Western

Whittier Comstock Acquires 135,308 SF Fairway Center II Office Property in Brea, California

by Amy Works September 18, 2026

BREA, CALIF. — The Whittier Comstock, a subsidiary of MW Investment and owned by Matt Waken, purchased Fairway Center II, an office property in Brea, from an undisclosed seller for $27.8 million. Anthony DeLorenzo, Sammy Cemo, Bryan Johnson and Jackson Marlow of CBRE represented the seller in the transaction. Shaun Moothart and Andrew Post of CBRE secured financing for the buyer. Located at 675 Placentia Ave., Fairway Center II offers 135,308 square feet of office space that was 70.5 percent leased at the time of sale. The County of Orange, Calif., occupies more than 61,000 square feet of the three-story building under a long-term lease. Situated on 7.8 acres, the asset also features 617 parking spaces in an onsite parking structure.

September 18, 2026

California Loans Restaurant Retail Western

Northmarq Secures $29.3M Refinancing for Dining, Entertainment Center in Los Angeles

by Amy Works September 17, 2026

LOS ANGELES — Northmarq has arranged a $29.3 million loan to refinance Chapman Market, a 41,241-square-foot dining and entertainment center located in Los Angeles’ Koreatown neighborhood. Joe Giordani, Alex Kane and Karl Weidell of Northmarq secured the loan through Voya Investment Management on behalf of the borrower, Arc Capital Partners. Originally opened in 1928, Chapman Market is home to a mix of tenants including Club HUE, Quarters Korean BBQ, Starbucks, Origin Korean BBQ, Shibuyala, Toebang Café, Escala Ktown, Danbi, Tiger Sugar Boba, BHC Chicken, Kazunori: The Original Handroll Bar and Uncle Tetsu.

September 17, 2026

Acquisitions California Healthcare Western

JLL Income Property Trust Buys 42,000 SF Roseville Outpatient Center Near Sacramento

by Amy Works September 17, 2026

ROSEVILLE, CALIF. — JLL Income Property Trust has purchased Roseville Outpatient Center, a Class A medical outpatient building in Roseville, for $19 million. The name of the seller was not released. Situated in a suburban submarket of Sacramento, Roseville Outpatient Center features 42,000 square feet of space that is 95 percent leased by a mix of tenants, anchored by a leading healthcare tenant, with an approximately 12-year weighted average lease term. The property was fully redeveloped in 2024 with build-outs and improvements to equip the building for specialized medical uses.

September 17, 2026

Acquisitions California Industrial Western

Wonderful Co. Sells 1.1 MSF Industrial Property in Shafter, California

by Amy Works September 16, 2026

SHAFTER, CALIF. — The Wonderful Co., through its Wonderful Real Estate business, has completed the disposition of 5104 Express Avenue in Shafter to a global technology and e-commerce company for an undisclosed price. Phil Lombardo, Andrew Starnes and Cruise Adams of Cushman & Wakefield represented the seller, while Colin MacMillan of KBC Advisors represented the buyer in the transaction. Situated within Wonderful Logistics Center, the facility features 1.1 million square feet of Class A industrial space and marks the buyer’s third location at the 2,000-acre, master-planned logistics and distribution campus. Developed on a speculative basis, the asset feature a clear height of 40 feet, 216 dock-high doors, two grade-level doors, 455 automobile parking spaces and 939 trailer stalls.

September 16, 2026

Acquisitions California Office Western

Strauss Investments Buys 157,000 SF Commons at Valencia Office Campus in California

by Amy Works September 16, 2026

VALENCIA, CALIF. — Strauss Investments has acquired Commons at Valencia, a two-building office campus in Valencia, from Harbor Associates for $32 million, or approximately $204 per square foot. Sean Sullivan of CBRE led the brokerage team, and Andy Bratt of Gantry arranged financing for the acquisition. Situated on 9 acres at 25124 and 25152 Springfield Court, Commons at Valencia features 157,000 square feet of Class A office space. Wells Fargo, New York Life Insurance Co., Edward Jones, Lennar, Amines, HASA and FivePoint are tenants at the campus, which was built in 2005.

September 16, 2026

Newer Posts

Older Posts