Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.
LOS ANGELES-Rexford Industrial continues the expansion of its Southern California portfolio with a $15.8 million purchase of a 199,370-square-foot Simi Valley industrial facility.
LOS ANGELES-Kennedy Wilson acquires three multifamily properties, totaling $167 million: Big Trout Lodge in Liberty Lake, WA, Village at Town Center in El Cerrito, CA, and an apartment community in a Seattle suburb.
LOS ANGELES-CBRE's research department gets a data boost with the acquisition of Whitestone Research Corp., a leading facilities-cost analytics firm based in Santa Barbara.
LOS ANGELES-A post-sound entertainment company completes a 12-year lease agreement with Vista Investment Group for a 40,315-square-foot office space in the Hollywood market.
LOS ANGELES-A joint venture between Frank Stork, Channing Henry and the Kor Group purchases the Case Hotel in Downtown Los Angeles with plans to renovate it into a 4-star boutique hotel.
LOS ANGELES-After completing the largest L.A. land transaction since 2002, Pacific Industrial signs a lease agreement with a Fortune 50 company for the 550,000-square-foot industrial development it's planning in Bell, CA.
LOS ANGELES-Retail Opportunity Investment Corp. purchases Plaza De La Cañada, a Gelson's-anchored retail shopping center, from the Vons Cos. Inc. for $35.9 million.
LOS ANGELES-CNS Focused Investments acquires the Waterstone San Dimas, a 288-unit value-add apartment complex in a luxury market of Los Angeles County.
PASADENA, CA-In his first real estate venture, tech expert David Sacks partners with Rising Realty Partners to acquire the Old Pasadena Plaza and reposition it into a creative office space targeting tech companies.
SANTA MONICA, CA-The City of Santa Monica plans a new mixed-use development featuring a creative multilevel green space that totals 3-acres near the Third Street Promenade.