Mark Nieto

Real estate firm Ryan Companies US, Inc. has announced a pair of personnel moves in San Diego, promoting Ryan Grove to Vice President of Real Estate Development and hiring Adam Pevney as Director of Land Acquisitions. Grove has been with the company for seven years and has been involved in the development of over 1 ...

General contracting firm R.D. Olson has broken ground on Phase 2 of Emporia Place, a 50-unit affordable multifamily complex in Ontario, CA. Developed by Related California, the $18 million, 60,000-square-foot project will feature two- and three-story buildings consisting of one-, two- and three-bedroom units. “This is our fifth affordable housing project with Related California, and ...

The life sciences industry in the San Francisco Bay Area is one of the fastest-growing life sciences markets in the United States, adding the most jobs of the top 13 life sciences metros, according to a new report from CBRE. The study indicates that despite economic turmoil, the region has also exceeded the national average ...

Los Angeles-based real estate investment firm Stockdale Capital Partners is committing over $20 million on a major renovation plan to finish converting Ilume Innovation Center in Scottsdale, AZ to be a fully lab-enabled life science facility. The 15-year-old building, designed by famed architect Will Bruder, was the former North American Headquarters of chemical company Henkel. ...

Commercial mortgage firm Gantry has secured a $11.7 million permanent loan to refinance the ground lease supporting a Class A office building in the Fremont District of Seattle. Located at 3400 Stone Way N, the five story, 121,000-square-foot building, which features nearly 17,000 square feet of ground-level retail, is currently the Seattle HQ for Brooks ...

Orange County, CA-based The Mogharebi Group (TMG) has brokered the sale of Gramercy Townhouse, a 30-unit multifamily complex in the Koreatown neighborhood of Los Angeles. A local family office purchased the asset from an LA-based private family for $7.15 million, just days before Measure ULA went into effect on April 1. “Even with uncertainty in ...

Northmarq has arranged $51.25 million in acquisition financing for Rose Canyon Business Park in San Diego. Located on Morena Boulevard, the 15-building, 233,000-square-foot property was purchased by Vertical Ventures from an undisclosed seller. “This deal offered in-place rents significantly below market, and 50% rollover in the first year,” said Northmarq’s Nathan Prouty who arranged the ...

Irvine, CA-based real estate firm Shopoff Realty Investments has unveiled Bolsa Pacific at Westminster, a 26-acre redevelopment of Westminster Mall in Orange County, CA. The project will feature a mixed-use community of multifamily homes adjacent to walkable community spaces, restaurants, retail and a nearby hotel. “Together with the City of Westminster, we are envisioning a ...

Tenant demand for high-quality functional space combined with limited supply has driven Puget Sound industrial rents to record levels, according to a new Colliers’ report. Asking rents in the first quarter of 2023 have increased 26.7% compared to a year ago, rising from $0.85 to $1.08 per square foot triple-net. Interestingly, net absorption for the ...

Hebah Hefzy, a nuerologist and mother of three, set out with 375 other runners on a route from Olympic Valley, near Lake Tahoe, to Auburn, a suburb of Sacramento, to test their endurance on snowy mountain passes, steep canyons and sweltering hear.