Monterey Park Voters Reject Data Center Development

Monterey Park Voters Reject Data Center Development

Data center developers interested in San Gabriel Valley’s Monterey Park should look elsewhere, as the city has become the first in the nation to officially ban data centers amid mounting opposition to... Read more »
Gantry Secures M Loan for 389K-SF Illinois Retail Center

Gantry Secures $12M Loan for 389K-SF Illinois Retail Center

Gantry has secured a low-leverage $12 million permanent loan to refinance maturing debt for Rock River Plaza, located in Moline, Illinois. The 389,375-square-foot retail power center is anchored by Walmart and Lowe’s... Read more »
Sterling Bay Partnership Secures 0M Financing for Sorrento Mesa’s Pacific Center

Sterling Bay Partnership Secures $290M Financing for Sorrento Mesa’s Pacific Center

Newmark and Sterling Bay have finalized the $290-million refinancing of Pacific Center, a newly built, Class A life sciences campus in San Diego’s Sorrento Mesa. The refii includes $162.5 million of future... Read more »
Carlsbad Lifestyle Center Fetches M in Sale to 11North

Carlsbad Lifestyle Center Fetches $91M in Sale to 11North

 JLL Capital Markets arranged the $91.3-million sale of The Beacon, a premier, 122,167-square-foot neighborhood lifestyle retail destination in Carlsbad. Senior managing directors Geoff Tranchina and Gleb Lvovich and managing director Daniel Tyner worked on... Read more »
Sutter Health Upsizes Plans for Emeryville Medical Center

Sutter Health Upsizes Plans for Emeryville Medical Center

Sacramento-based healthcare giant Sutter Health has unveiled updated plans for the Emeryville Medical Center at Horton and 53rd streets that show the hospital at the center of the campus rising 17 stories... Read more »
Chicago-Based Stotan Industrial Launches NASA Causeway Logistics Center in Florida

Chicago-Based Stotan Industrial Launches NASA Causeway Logistics Center in Florida

Stotan Industrial, in partnership with CrossHarbor Capital Partners, has closed on 28.63 acres in Titusville, Florida, for the development of NASA Causeway Logistics Center, a two-building industrial project totaling 306,980 square feet.... Read more »
W Magazine Signs Direct Lease at 1 World Trade Center

W Magazine Signs Direct Lease at 1 World Trade Center

Avison Young secured a long-term lease for W Magazine at 1 World Trade Center in Lower Manhattan. The company will occupy 12,456 square feet on the 46th floor for its headquarters. The Avison Young team... Read more »
Irvine Company Begins Expansion of Newport Center Housing

Irvine Company Begins Expansion of Newport Center Housing

Irvine Company is turning parking into housing near Fashion Island, continuing the slow transformation of Newport Center from a daytime office-and-retail district into a denser live-work enclave. The prolific Orange County developer... Read more »
Data Center Backlash Divides Small Pennsylvania Town

Data Center Backlash Divides Small Pennsylvania Town

Tensions are rising in Archbald, PA, over plans for dozens of new data centers that will span hundreds of acres in the tiny borough. The city of 7,000 is divided over developers’... Read more »
Brixton Capital Adds Escondido Shopping Center in Off-Market Deal

Brixton Capital Adds Escondido Shopping Center in Off-Market Deal

Brixton Capital, a vertically integrated operator of retail and multifamily properties, acquired the Escondido Gateway shopping center from Del Mar-based Mountain Pacific Properties for $28 million in an off-market transaction. Acquired at a significant... Read more »