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FinanceINDUSTRY newsResidential

Residents Buy 82-Space Alisal Country Estates Mobile Home Park in Salinas for $12MM

The residents of Salinas’ 82-space Alisal Country Estates Mobile Home Park have collectively purchased the property for $12 million, converting a rented-land community...

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FinanceINDUSTRY newsRetail

Transnational Management Buys 88,000 SQFT Kohl’s Site in Gilroy Crossing for $12.6MM

Transnational Management adds a longtime South Bay department store to a national retail buying spree as Farallon and Raider Hill trim their stake...

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AECFeaturedINDUSTRY news

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...

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FinanceHospitalityINDUSTRY news

Private Investor Sells 61-Room Best Western Salinas Valley Inn & Suites for $9.99MM in Monterey County

The Highway 101-adjacent hotel near Historic Downtown Salinas traded at roughly $164,000 per room, well above the statewide median in a constrained California...

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AECCommercialFeaturedINDUSTRY news

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...

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FeaturedINDUSTRY newsResidential

Salinas Rent Control Debate Heads to November Ballot as California’s Tenant Protection Movement Widens

With four tenant protection ordinances hanging in the balance, Salinas voters will cast the decisive vote in a housing dispute that mirrors a...

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AECFinanceINDUSTRY newsNews ReleasesResidential

$13.7MM Secured for Monterey County Class A Multifamily Construction Takeout

Gabilan Creek Apartments in Salinas Delivered at Grocery Anchored Retail Center Near Natividad Medical Center; HUD Loan Provides Maximum Proceeds at Attractive Fixed...

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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...

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