Fresno
Macerich Defaults on $325MM Loan at 969,000 SQFT Fresno Fashion Fair, a Mall It Still Plans to Keep
Macerich has defaulted on the $325 million loan backing Fresno Fashion Fair after the decade-old, 3.67 percent debt matured Nov. 1, putting one...
Macerich Trims Q3 Loss to $16.7MM as Broadway Plaza Fills Up and Fresno Fashion Fair’s $325MM Loan Defaults
Macerich narrowed its third-quarter net loss to $16.7 million and pushed same-center income at its keeper malls up 4.7 percent, but its Northern...
Hanley Investment Group Acquires Visintainer Group’s Retail Sales Division, Combining Central Valley Firms With $665MM in Deals
Corona del Mar-based Hanley Investment Group Real Estate Advisors has absorbed the Fresno retail investment sales team of Visintainer Group, betting that deep...
Central Valley Multifamily Holds Steady as Construction Pipeline Swells 44%, Led by Bakersfield
The Central Valley's apartment market absorbed all of its renter demand within existing inventory during the second quarter as vacancy tightened and rents...
Sacramento and the Central Valley Anchor a Region That Outgrew the Southeast, Hidden by State Lines
A Modesto-based investment manager has published a 21-year model of federal data that pulls California's 39 inland counties out of statewide averages and...
San Francisco Bucks the Coastal Squeeze as New Apartments Add 35 SQFT
San Francisco stands out as one of the only major coastal markets where new apartments have grown larger over the past decade, a...
Pacific Castle Acquires 118,000 SQFT Cedar Tree Village Center for $20.8MM in Fresno
Irvine-based Pacific Castle has purchased Fresno's grocery-anchored Cedar Tree Village Shopping Center for $20.8 million, ending more than four decades of ownership by...
248-Unit Maroa Park Apartments in Fresno Trades for $44MM
A 40-year-old Fresno apartment community just changed hands for the first time — and it's part of a much bigger Central Valley portfolio...
Daytom Enterprises Lists 131,000 SQFT FoodMaxx-Anchored Blackstone-Barstow Center in Fresno for $17.5MM
Solana Beach-based Daytom Enterprises has put its fully wrapped, 97 percent-leased Blackstone-Barstow Center on the market in Fresno, testing investor appetite for discount-grocery...
California High-Speed Rail Courts Hyperscale Data Centers to Bankroll Stalled Central Valley Line
Facing a $126 billion price tag and the loss of $4 billion in federal funding, California's high-speed rail agency is moving to monetize...
Amazon Lands as First Tenant at Scannell’s $100MM, 833,000 SQFT Westgate Industrial Center in West Fresno
The e-commerce giant takes down a 248,786-square-foot building at the long-delayed Marks Avenue project, deepening its Central Valley logistics footprint as national big-box...
Northern California Construction Splits: San Jose Adds 3,900 Jobs as Sacramento Sheds 3,700
The Bay Area's AI-driven build cycle is concentrating construction hiring in Silicon Valley even as Sacramento posts one of the nation's largest absolute...
