Leasing

As a financier of commercial real estate transactions in mid-sized markets, Doug Misner of TIAA Bank is seeing a shift from retail properties in these markets to industrial properties that are serving as last-mile logistics centers.

After almost three weeks of testimony by cannabis cultivators, manufacturers, distributors and industry experts, the jury ruled in favor of the tenant, saying Moss Landing Commercial Park breached its written contracts.

In charge of construction is Mack-Cali Realty Corp. Wayne Kasbar, managing director of Colliers International, brokered the deal at 8 Campus Drive, which is a LEED-Silver building that totals 215,265 square feet.

San Diego has some of the highest medical office rents in the country, and it has been a shock to providers.

Wage growth, however, is expected to remain strong in Orange County, which has been a leader in high paying jobs since the recession.

Just prior to Christmas, Bed Bath & Beyond issued a denial of a number of press reports that it had hired former Target CFO Cathy Smith as its new CFO.

An affiliate of the company signs a seven-year lease of 67,182 square feet of class-A light industrial space.

The latest recruit is Jason Cranston, a 20-year veteran with experience in the Peninsula industrial and logistics market, who has joined JLL as a managing director in the firm's Menlo Park/Silicon Valley office.