Che Chen & Shu Fen Liu Revocable Trust purchased a two-tenant retail property in Tracy, California, from Skyline Pacific Properties for $12.44 million, or about $265 per square foot.
Macy’s is kicking off the new year by identifying the next round of underperforming stores it plans to close, 14 across a dozen states, as it executes its turnaround strategy.
Prominent office leases signed by Golden Valley Health Centers, Chicago Title and Kamboj ventures negotiated by top dealmakers from PMZ Commercial and First Commercial Real Estate are among the third-quarter office leases recognized by CoStar.
Prominent retail leases signed by Hobby Lobby, Home Goods and TJ Maxx negotiated by top dealmakers from John Cumbelich & Associates are among the third-quarter retail leases recognized by CoStar.
Prominent industrial leases signed by CJ Logistics, PG&E and Tesla Energy negotiated by top dealmakers from JLL are among the third-quarter industrial leases recognized by CoStar.
A prominent multifamily deal handled by The Mogharebi Group and a general retail disposition arranged by Newmark are among the top third-quarter property sales recognized by CoStar.
Prologis, the world's largest industrial developer and landlord, has promoted veteran real estate executive Reid Lewis to a role overseeing the key logistics hub of California's Central Valley.
Kelly Spicers Paper has signed a seven-year lease for the entirety of Building 11 at Patterson Pass Business Park, at 25201-25315 S. Schulte Road, Tracy, California. The leased space spans 158,980 square feet and will be used for warehousing and distribution operations.
Lathrop, a town in California’s Central Valley farming region, began in the 1870s as a stop on the transcontinental railroad. It's prone to flooding and extreme heat in the summer, and has no downtown or public transit. The highlight of the town’s nightlife is a friendly dive bar called the Fireside Inn.
The Mersho family began its business selling shoes from a stand at the Berryessa flea market near San Jose in 1993. A few decades later, in 2020, it sold the Shoe Palace chain to JD Sports for $325 million and a 20% stake in the U.S. business — and embarked on a new shopping endeavor that's still playing out.
A prominent industrial deal handled by CBRE and a general retail disposition arranged by Compass Commercial are among the top second-quarter property sales recognized by CoStar.
Prominent office leases signed by FRRC, Federal Bureau of Prisons and Stellar Career College negotiated by top dealmakers from Avison Young and Liddicoat CRE are among the second-quarter office leases recognized by CoStar.
Prominent industrial leases signed by Pactiv, Capacity Chemicals and Bumpboxx negotiated by top dealmakers from CBRE are among the second-quarter industrial leases recognized by CoStar.
Prominent retail leases signed by Food 4 Less, Fun City and Supermercado Estrella negotiated by top dealmakers from Monarch Commercial Advisors and Ethan Conrad Properties are among the second-quarter retail leases recognized by CoStar.
EQT Real Estate has acquired a 2-million-square-foot portfolio of logistics facilities in Manteca, California, within the Stockton and Modesto industrial markets.
California-based grocery chain Trader Joe’s has signed a 10-year lease and opened for business in a 17,000-square-foot space at West Valley Mall, marking its second location in California's San Joaquin County.
The Stockton, California, branch of international brokerage giant Colliers has expanded its Central Valley office with two new brokers, both with significant experience in California’s commercial real estate industry.
A company that’s been a prolific developer of logistics properties clustered around major e-commerce routes across the United States has acquired a warehouse in California’s San Joaquin Valley that’s occupied by online home furnishings giant Wayfair.
Steve Ramsey, the owner of the Lathrop Food Plaza, purchased the property formerly known as the Stockton Auto Mall. The property at 3646 E. Telstar Place includes seven lots of roughly 20,000 to 30,000 square feet each. Each lot features its own small sales office, each with a two-car garage. Several of these units have been recently renovated, according to the listing brokers. The property is fully fenced, lit and paved, complete with a security gate.