Faris Lee Arranges $39M Deal for Big-Box Duo within Lakewood Center

Faris Lee Investments completed the $38.7-million acquisition of a 155,000-square-foot, two-tenant retail investment featuring The Home Depot and Albertsons at Lakewood Center in Lakewood. Managing principals Don MacLellan and Jeff Conover, senior... Read more »

Colovore Pursuing $430M Denton County Data Center

Colovore filed for a permit to build a data center in the Denton County portion of Fort Worth, a day after Governor Greg Abbott ordered a pause on issuing data center permits.... Read more »

Texas Gov. Greg Abbott Halts Data Center Permits as Backlash Grows

Texas Gov. Greg Abbott has halted new permits for data centers amid growing public backlash against the projects, as he seeks reelection to a fourth term in November. Abbott, a Republican, directed the... Read more »

Costa Mesa approves Fairview Development Center project

A large-scale housing development has been approved on the former site of a state hospital campus in Costa Mesa. The City Council last week approved a plan for 2,300 residences on the... Read more »

1031 Deadline Means Fast Closing on Lynwood Retail Center

Hanley Investment Group Real Estate Advisors represented the buyer in the acquisition of a Walgreens‑anchored, 39,146‑square‑foot center located at 10901–10927 Atlantic Ave. and 4351 E. Imperial Hwy. in Lynwood. The purchase price... Read more »

Northmarq Arranges Refi for Historic Koreatown Retail Center

Northmarq’s Newport Beach and Los Angeles Debt + Equity teams, led by Joe Giordani, Alex Kane, and Karl Weidell, s arranged a $29.3 million refinance for Chapman Market, a historic 41,241-square-foot multi-tenant dining... Read more »

Stockdale, Hamilton Lane Acquire Open-Air SoCal Center for $157M

Stockdale Capital Partners and funds managed by Hamilton Lane have acquired The Shoppes at Chino Hills, a 378,140-square-foot open-air lifestyle center in the Inland Empire community of Chino Hills. The $157-million acquisition... Read more »

How Gloria Steinem’s Home Became The Center Of A Movement

The world lost Gloria Steinem this week. For more than six decades, she was one of the fiercest and most enduring voices for women’s equality and human rights. A journalist, author, organizer... Read more »

Northern New Jersey Shopping Center Changes Hands

Adoni Property Group has acquired the 60,614-square-foot shopping center in Northern New Jersey’s Basking Ridge from Kushner Real Estate Group. JLL Capital Markets arranged the sale and secured $12.2 million in acquisition... Read more »

Skyscrapers for seniors scheduled to sprout over Warner Center

A $2-billion high-rise affordable housing complex is set to change the skyline of Warner Center and set a new precedent for assisted senior living in Los Angeles. Senior housing provider Wellpointe unveiled... Read more »