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AECIndustrialINDUSTRY news

Amazon’s 3MM SQFT Salinas Warehouse Signals Central Coast Push

The e-commerce giant’s massive distribution center could reshape the agricultural region’s economy—if the city can handle the logistical strain Amazon is racing to...

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FeaturedFinanceINDUSTRY news

AI-Driven Job Losses Pressure California’s Labor Market, Now Second-Highest Unemployment in the Country

California’s labor market is grappling with shifting structural forces, as recent employment figures reveal uneven trends across sectors and regions. According to the...

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FinanceINDUSTRY newsNews ReleasesResidential

32-Unit Archer Gardens Apartments in Salinas Trades for $8.25MM

Seller takes advantage of changing market dynamics to adjust portfolio, while buyer taps into growing rent trends and constrained supply of Salinas.  SALINAS,...

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CommercialFinanceINDUSTRY news

Three California Walgreens Locations to Close as Chain Implements Nationwide Restructuring

Pharmacy giant shuttering underperforming stores across Bay Area and Central Coast amid financial struggles Three Walgreens locations across California are slated to close...

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CommercialFinanceINDUSTRY news

97-Acre Baird Ranch in Monterey County Hits the Market for $12MM

The Baird Ranch, a 97.27-acre agricultural property located at 581 San Juan Grade Road in Salinas, has been listed for sale at $12...

FinanceINDUSTRY newsRetail

102,153 SQFT Prunedale Shopping Center in Salinas on the Market for $19.26MM

By Jack Stubbs Salinas, a city lying just south of the San Francisco Bay Area and about eight miles east of the Pacific...

FinanceINDUSTRY newsRetail

125,296 SQFT Shopping Center in Salinas Put on the Market for $20.57MM

By Jack Stubbs The city of Salinas, located in Monterey County about one hour south of San Jose, has a new property on...

FinanceIndustrialINDUSTRY newsNews Releases

Church Brothers Farms Buys 18-Acre Cold Storage and Production Operations in Salinas for $24MM

San Jose – April 18, 2023 – CBRE arranged the sale of a 17.81-acre cold storage and production operation in Salinas, Calif. to...

CommercialFinanceINDUSTRY newsNews Releases

Scheid Family Wines Sells Three Vineyard Properties in Salinas for $33MM

SALINAS, Calif., April 2, 2021 — Scheid Vineyards Inc. (dba Scheid Family Wines) (OTC Markets: SVIN) announced today that it sold three of its vineyard parcels...

INDUSTRY news

Goodwill Central Coast Expands E-commerce Workforce, Moves into Larger Facility in Salinas

SALINAS, Calif., — In July of 2017, Goodwill Central Coast opened its centralized e-commerce facility on Moffett Street in Salinas. In less than...

News Releases

Gantry Arranges $43.4MM in Financing for Salinas Apartments

Transaction Details Loan Amount: $43.4 Million Loan Type: HUD Refinance  Loan Term: 35-years Property Type: Multifamily  Salinas, CA (December 18, 2020) – Gantry,...

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FinanceNews ReleasesResidential

Hunt Real Estate Capital Refinances an Affordable Multifamily Property Located in Salinas, California

NEW YORK, Nov. 19, 2018 – Hunt Real Estate Capital, a leader in financing commercial real estate throughout the United States, announced today...

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