Monterey
West Marine to Shutter Five California Stores in Chapter 11 Restructuring, Cutting Home-State Footprint to 12
West Marine, the boating-supply retailer born in California nearly six decades ago, will close five of its 17 stores in the state as...
CIM Group Lands $63MM Refinancing on Oceanfront Monterey Beach Hotel
The whole loan recapitalizes a 192-room Central Coast resort as CIM doubles down on a hospitality lending strategy launched in 2023. CIM Group...
Montage Health Lands Carmel Rancho Shopping Center for $37.5MM in Move to Build Monterey Peninsula Medical Campus
The nonprofit health system’s $37.5MM acquisition of the 77,002-SQFT retail center signals a strategic pivot to convert prime grocery-anchored real estate into a...
MST’s $78MM SURF! Busway Runs Six Weeks Ahead of Schedule in Central Coast’s Marina
The five-mile bus rapid transit corridor and a new Marina transit hub are reshaping the Monterey Peninsula’s commercial transportation backbone, with both targeting...
55-Key Red Roof Inn & Suites Monterey Hits Market at $11.99MM With Adjacent Retail Component
The 1.59-acre North Fremont Street offering pairs a budget-tier lodging asset with two fully leased commercial buildings minutes from the Monterey Bay Aquarium...
$75MM Loan Secured to Refinance 341-Room Marriott Monterey Hotel in Monterey
Los Angeles, CA (March 3, 2026) – Sonnenblick-Eichner Company has arranged a $75 million first mortgage loan to refinance the Marriott Monterey hotel...
28,000 SQFT Government-Anchored Monterey Office Complex Seeks $12MM Buyer
Fisher James Capital markets fully leased property featuring 15-year DEA lease and diverse tenant mix across two buildings in Ryan Ranch A fully...
Imagery Estate Winery: Wine Group Lists 20-Acre Glen Ellen Property as California Industry Restructures
Historic Sonoma County winery with premium hospitality permits hits market amid sector-wide downturn and corporate portfolio reshuffling The Wine Group is divesting one...
Kimpton Mirador Brings First Full-Service Hotel to Pacific Grove with 99-Room Property
Pacific Grove is set to welcome its first full-service hotel when the Kimpton Mirador opens its doors in January, filling a hospitality gap...
69-Room Historic Monterey Hotel Hits Market for $15.9MM as Central Coast Hospitality Shows Signs of Recovery
The boutique property lists amid mixed signals in California’s lodging sector A century-old hotel in downtown Monterey has entered the market at a...
25,000 SQFT Trader Joe’s-Anchored Retail Center in Monterey Listed for Sale
A 97.7 percent leased, 25,626-square-foot grocery-anchored retail center at 570 Munras Avenue in Monterey has been placed on the market. The 2.27-acre property...
Monterey Regional Airport: How Mass Timber Celebrates California’s Natural Beauty
A 60,000-square-foot regional terminal demonstrates mass timber’s potential for place-making in aviation design Monterey Regional Airport’s new terminal building represents a masterful integration...
