BDK is expanding its presence in the Inland Empire market, where the carrier company occupies multiple warehouse facilities.

A California real estate investment firm has acquired a 23-acre site in Coon Rapids with a warehouse for $18.7 million.

The company used a $36.2 million loan as part of the purchase.

The 500,000-square-foot plan comes on the heels of newly approved industrial and maritime zoning updates.

The San Francisco-based insurer has had a presence in Oakland since 2017. Its expansion, signed at the beginning of August, is the biggest lease deal done in the city's downtown in the last 12 months.

The site is less than 4 miles away from the BJ's current store near the Via Port Rotterdam mall.

The buyers were the first offer on the house and bid over the asking price.

The city's largest skyscraper ranked high in a study of residential conversion compatibility.

As he approaches the first full month in his new job, Denver Mayor Mike Johnston said there are clear signs that his strategy to combat homelessness is working, but he provided few specific details in a briefing about his efforts.

The developer acquired the 16.25-acre property in January.