Premier Business Centers

The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
February 5, 2023
 Search RENTV
 The REview
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

+ Slide
- Slide

Industrial Property in the San Gabriel Valley Sells for $273/sf
Sale is of 75k sf Azusa Center

NFI Industries Renews Lease at 864k sf Industrial Facility in Perris
Building is owned by Ares Management

Arizona Industrial Project Secures $42.7 Mil in Construction Financing
Loan is for two buildings totaling 500k sf at Skybridge Arizona campus in Mesa

Avanti Residential and Trinity Investors Recapitalize Colorado Res Community
$45 mil investment includes money for continued improvements to 184-unit Sunset Peak Apartment Homes in Thornton

Anthem Development Lands $63 Mil in Joint Venture Equity and Debt for TX Res Development
Nova Capital arranges money for 340-unit Lofts iThirty project in Garland

Provender Partners and StepStone Real Estate Complete $158 mil Recapitalization of 1 msf Cold Storage Portfolio
Assets are located in Oakland, CA; Las Vegas, NV; Berkeley, IL; Bolingbrook, IL; and Birmingham, AL

Leasehold Interest in Whittier Multifamily Community Goes for Almost $50 Mil
NextGen Properties Group pays $388k/unit for Alivia Apartments

Basis Investment Group Becomes Equity Partner in Santa Monica Development Site Portfolio
Firm becomes part of Tishman Speyer-led ownership group in eight downtown sites

UCLA Acquires Former Marymount California University Campus in $80 Mil Deal
Purchase consists of 24.5-acre property in Rancho Palos Verdes and vacant 11-acre apartment property in San Pedro

Copper State Bolt & Nut Leases 94k sf Industrial Facility in Phoenix
30-year-old building is being upgraded by its new owner, Stos Partners

Work Finished on Class A Industrial Development in Mesa, AZ
Elliot Gateway consists of four logistics facilities

Trion Properties Spends $23.6 Mil on Sacramento Multifamily Property
Courtyard at Artisan Square goes for $227/unit

Zeitlin Capital Pays $22 Mil for Two-Building AZ Office Portfolio
Acquisition is of Chandler Corporate Center I and II

Birtcher Development Lands Entitlements for 330k sf Inland Empire Industrial Project
Birtcher Logistics Center Fontana expected to be completed in early 2024

MG Properties Picks Up 312-Unit Res Community in Vegas for $81 Mil
Tribeca North Apartment Homes sells for $260k/unit

West Covina Res Property Sells for $450k/Unit
HFH Ltd pays over $38 mi for South Hills Apartments

Barings Spends $42 Mil on Recently Developed AZ Industrial Facility
197k sf Tempe facility was built on site of former office building by The Opus Group

BentallGreenOak Buys Newly Constructed Sacramento Industrial Project
Purchase is of 308k sf Metro Air Park Logistics Center - Phase I

Morgan Stanley Pays Over $1,500/sf for Menlo Park Office Building
45k sf building fully occupied by Menlo Medical Clinic

Commercial Real Estate Financing Briefs
Recent transactions from iBorrow, JLL Capital Markets and George Smith Partners

LPC Desert West and Harvard Investments Break Ground on 7 msf AZ Industrial Development
Phase One of Goodyear AirPark to contain 1.6 msf in six buildings

Colorado Springs Office Portfolio Traded in $54 Mil Deal
289k sf, two-building asset sold by Flywheel Capital

JRK Property Holdings Initiates its Newly Closed $1 Bil Platform V Multifamily Fund with $168.5 Mil in Acquisitions
JRK to acquire two res communities located in premier Kansas City suburb and downtown Sarasota

DIV Industrial to Develop 1.7 msf Industrial Complex in Las Vegas
Firm buys 94 acres for construction of El Dorado Valley Logistics Center

Rexford Industrial Realty Spends $484/sf on OC Creative Office Structure
83k sf industrial-zoned building is in Irvine

Optima Spends $44.75 Mil on AZ Res Dev Site
Scottsdale land to be used for construction of 1,330-unit multifamily project

MGR Real Estate Closes $39 Mil Inland Empire Office Buy
Deal is for 148k sf Ontario Airport Tower

Rexford Industrial Realty Completes $336 Mil of SoCal Acquisitions in Fourth Quarter 2022
Deals bring annual total to $2.4 bil

Third Phase of 1.1 msf Spectrum Terrace in Irvine Completed
Latest work includes three buildings totaling 345k sf of office space

Avanath Capital Management Spends $131 Mil on 297-Unit Bay Area Affordable Housing Portfolio
Purchase consists of two communities in Novato

Healthcare Property Advisors Spends $80 Mil on Brea Office/Medical Property
Purchase of Imperial Mariner funded with $44 mil acquisition loan

Burbank Biz Campus Sold in $37 Mil Transaction
Montana Avenue Capital buys 127k sf 2777 North Ontario Street

Seattle Children’s Hospital Buys 477k sf of Washington Office Assets in $84 Mil Deal
Firm buys Southgate Campus and Valley Office Park in Renton from Providence

Transnational Management Spends $23.7 Mil on WA Retail Asset
Year-end buy is of 83k sf Greentree Plaza in Everett

Transwestern Ventures to Develop 375k sf Life Sciences Campus in Vacaville
22-acre Axiom Point was approved by the city’s planning commission

Rams Owner Kroenke Spends $325 Mil on Woodland Hills Retail Center
Site of The Village in Warner Center expected to be combined with adjacent acquisitions for massive mixed-use project

Commercial Real Estate Financing Briefs
Recent deals from Sonnenblick-Eichner Company and Gantry

Grocery-Anchored Retail Center in Lahaina, Hawaii Trades in $37 Mil Deal
U.S. Realty Partners Inc buys 136k sf Lahaina Gateway

Commercial Real Estate Financing Briefs
Recent deals from Cushman & Wakefield, JLL Capital Markets and Northmarq

Buchanan Street Partners Pays $28 Mil for South OC Office Property
Deal is for 120k sf Oakbrook Plaza in Laguna Hills

Logistics Plus Leases New 1.16 msf Facility in Arizona
Building is part of 2 msf Sarival Logistics Center development in Glendale

GLP Capital Partners Completes $90 Mil Inland Empire Purchase
Firm picks up 355k sf industrial facility in Perris

San Jose R&D Asset Trades in $41.5 Mil Deal
WF Batton Management Company buys 129k sf Valley Research Center

Burrell Aviation to Market National Portfolio of On-Airfield Build-to-Suit Development Sites at Strategic Airports Across the U.S
Firm selects Cushman & Wakefield for portfolio marketing assignment

Thousand Oaks Retail Center Refinanced with New Loan for $84.7 Mil
Financing on 456k sf Janss marketplace arranged by JLL

Longfellow Real Estate Partners to Develop 316k sf Life Sciences Facility on Four-Acre Sorrento Mesa Site
JLL arranges $202 mil for Class A Bioterra project

Boardwalk Investments Group Lands $245 Mil Refi on Mixed CA Portfolio
JLL arranges financing on assets in Napa Valley, San Diego, Orange County and Yountville

Seattle Res Development Lands $110 Mil Refi
Cushman & Wakefield arranges new financing on 366-unit Met Tower

Alta Housing Opens New Affordable Housing Project in Palo Alto
Wilton Court Apartments contains 59 units

Work Started on Res Community in San Pedro Waterfront Arts District
137-unit Vivo on Harbor a development of High Street Residential and Trammell Crow Company and Principal Asset Management

Inland Empire Industrial Facility Acquired for $59 Mil by Ares Management Fund
205k sf building sits on over nine acres in Perris

Private Investors Trade 237-Unit Visalia Multifamily Property in $50 Mil Deal
Oak View Apartments sells for $211k/unit

Third Security LLC Developing 42-Acre Industrial Project in Washington
Initial Construction at Moses Lake Commerce Center to be a 108k sf food-grade processing facility

Crescent Real Estate LLC Completes $180 Mil Disposition of 1 msf Colorado Springs Office Portfolio
13 buildings were sold to multiple buyers over the past four years

DivcoWest Picks Up 130k sf Office Building in San Diego
JLL arranges $40 mil in acquisition financing for the deal

Inland Empire Distribution Facility Trades in $220 Mil Deal
NFI Industries buys 760k sf, single-tenant asset in Eastvale

EDENS Picks Up LA. County Retail Portfolio for $136 Mil
Trio of assets in the San Gabriel Valley were sold by Combined Properties

North San Diego County Office Portfolio Gets New Owner in $14 Mil Deal
Sale consists of two buildings totaling 70k sf in Vista and Carlsbad

Vici Properties Acquires Blackstone’s Interest in Two Hotels on the Vegas Strip
Firm buys outstanding 49.9% stake in the MGM Grand Las Vegas and Mandalay Bay hotels

New 281-Unit Res Community in Lakewood, CO is Finished
Traverse Apartments designed by KTGY

Industrial Construction Costs Ease Slightly but Remain Elevated
Per latest research from Cushman & Wakefield, competition for materials in a commodity constrained market, coupled with inflationary pressures, has driven construction costs higher across all real estate sectors.

Inflation, Experiential Real Estate and Alternative Sectors, Friend-Shoring and Metaverse Among 10 Global Trends to Watch in 2023
Avison Young identifies 10 key trends impacting commercial real estate in 2023

San Francisco Bay Area Residents Demand Tech-Enabled Solutions at Multifamily Properties
Landlords and property managers look for integrated solutions to accept, manage and safely secure incoming packages

Don’t Miss RENTV’s 2023 O.C. State of the Market Conference on March 16!
Annual CRE event to be held at the Irvine Company's Venue event facility at its new Spectrum Terrace office complex in Irvine

Vegas Industrial Market Remains in Strong Demand
End of year review from Avison Young shows increased development activity and record rents

Portland Jumps into Tie for Top Data Center Market in the U.S.
Cushman & Wakefield report ranks10 leading markets based on 13 categories

OC Office Market Sees Cautious Optimism
JLL Provides Year-End 2022 Update on the Market

Phoenix Industrial Market Breaks Multiple Sales Records
Avison Young Offers Fourth Quarter 2022 Review of the Market

Las Vegas Office Market Leads Nation in Employee Return Rate
Avison Young Provides End of Year Update on the Market

Inland Empire East Valley Industrial Market Enjoyed Continued Momentum in Fourth Quarter 2022
Latest report from Lee & Associates points to possible slowdown

Sacramento Office Market Ends Year with Rates and Vacancies on the Rise
Kidder Mathews provides fourth quarter update on the market

Los Angeles Office CRE Market Update – 4th Qtr. 2022
Kidder Mathews provides end of year look at the region

Despite Record New Supply, National Industrial Vacancy Dips Below 4%
Latest update from CommercialEdge shows continued strong demand pushing rents higher

Los Angeles County Retail Market Outlook Q3
Region’s retail market showed growing demand as retailers pivot back to brick and mortar in Q3

New Survey Reveals that Employees Want the Office to Be a Place to Get Work Done, Not Just Connect
Gensler Research Institute’s U.S. Workplace Survey 2022 shares what employees want from the office and how the right workplace experience can increase their effectiveness.

Los Angeles County 3rd Qtr Multifamily Sales Volume Down 12% from Prior Year
NAI Capital Commercial market summary shows 30 bps increase in cap rates from previous quarter

Bill Shopoff Interviewed in First Episode of Commercial Real Estate Talk
President & CEO of Shopoff Realty Investment talks about his background and discusses his current wide ranging projects with Steve Bloom and Arnie Garfinkel in premiere episode of the program

Five Fast Facts on Seattle’s Industrial Market
Quick Q3 2022 overview provided by Cushman & Wakefield Research

SoCal Multifamily Markets Looking at Continued Rate Increases Due to Low Construction
2022 USC Casden Real Estate Economics Forecast offers two-year projections for all five housing markets in the region

Watch Industry Pros from Walker & Dunlop, Fidelity Mortgage Lenders, Axos Bank and Torrey Pines Bank Discuss the Los Angeles Finance Market at RENTV Conference
Expert finance panel comprised of: Peter Steigleder, President Fidelity Mortgage Lenders; Fred Ornelas, Regional Manager, Axos Bank; Sean Skelton, CCIM, Director | Capital Markets, Walker & Dunlop; and Jeff Forsythe, Senior Vice President, Torrey Pines Bank share their thoughts on the market at Oct 19 Greater Los Angeles State of the Market Conference held in Culver City.

CalSTA Awards Metro $600 Mil to Support Critical East San Fernando Valley Light Rail Project
Expansion represents first rail project in the Valley since NoHo Red Line extension in 2000

Construction Completed at Assisted Living Development in the San Gabriel Valley
R.D. Olson finishes work on 117-unit Clearwater at Glendora facility

Investor Pays $290/sf for Tempe Office Building
Buyer leases back property for 15 years

Trio of New Buildings Completed at 64-Acre Arizona Biz Park
Gilbert Spectrum Buildings 9, 10 and 11 are already 93% leased

AZ Industrial Building Gets new Owner in $4.5 Mil Trade
Private investor buys 28.5k sf Mesa facility

Toronto Entity Buys 108-Room AZ Hotel
Deal is for La Quinta Inn & Suites in Peoria

Avanath Closes on $205 Mil in Additional Equity Commitments for Affordable Housing Fund
Open-ended fund includes $536 mil in seeding to acquire institutional-quality housing portfolio

Arizona Retail Center Trades for $289/sf
River Center in Tucson is fully leased and anchored by Whole Foods and Walgreens

Dekel Capital has launched Dekel Correspondent Lending
New entity to originate balance sheet and CMBS loans for the acquisition, refinancing and recapitalization of commercial real estate assets

AZ Retail Center Traded for $237/sf
Deal for 69k sf Red Mountain Plaza in Mesa

Owner/User Buys 115k sf Office Building in Allen, TX
Allen Office Center located about 30 miles from downtown Dallas

Marshall Medical Center and PATRA to Occupy 75% The Ridge at Town Center West Office Campus in El Dorado Hills
Marshall Medical under contract to acquire the 246k sf property

Newly Constructed Menifee Retail Center Sells for almost $600/sf
Sale is of 42k sf Center Pointe

SRS Real Estate Partners Opens Pacific Northwest Office
Firm adds six new members including M&M Real Estate Consultants Founder Matt Martinez

Flex/Office Building in Chandler, AZ Goes for $200/sf
86k sf structure purchased for $17.2 mil

Las Vegas Medical Office Property Sells for $360/sf
Buyer to occupy half of the 10k sf building

Work Finished on 84-Unit Res Community in Portland’s Woodstock Neighborhood
$24 mil project developed by Urban Asset Advisors

Stos Partners Pays $10.9 Mil for 94k sf Industrial Building in Phoenix
Firm to make improvements to the now-vacant property before leasing

SIM Real Estate Group Secures $32 Mil in Construction Money for AZ Res Project
Firm to build 172-unit Legacy at Laveen Village build-to-rent community

MBK Rental Living Acquires Site in Petaluma for Res Development
Firm to build 134-unit, solar-powered apartment community on the land

SRS Real Estate Partners’ National Net Lease Group Sold 22 Chick-fil-A Occupied Properties in 2022
Deals represent 32% of all such sales for the year

Woodside Hotel Group Secures New Financing of $26.75 Mil on Two of Its NoCal Assets
Loans are secured by the Lafayette Park Hotel & Spa and The Lodge at Bodega Bay

Scenic Expressions Leases 299k sf in Santa Clarita
Set/prop provider inks deal at Saugus Station Industrial Center

Ventura County Shopping Center Lands New Owner in $19.5 Mil Deal
82k sf Simi Valley Promenade sells for $237/sf

Sunrise Brands Inks Lease for New 446k sf Facility at Tejon Ranch
Yet-to-be-constructed building part of Tejon Ranch Commerce Center

PrimeSource Building Products Leases 170k sf Space in Aurora, CO
Deal is at 5.5 msf Highpoint Elevated Biz Park still under construction

$55 Mil San Fernando Valley Res Buys Consists of Three Properties Totaling 246 Units
Deal works out to $225k/unit for value-add opportunity

New Res Development in Tacoma, WA Lands $15.8 Mil Refi
Cushman & Wakefield and Greystone put together Fannie Mae DUS loan on 161-unit MLK Way

Phoenix-Area Hotel Property Gets New Owner in $19.5 Mil Deal
Hyatt Place in Gilbert goes for $153k/room

Greer Oliver and Connor Nebeker-Hay Join JLL Capital Markets
Duo will operate out of the company’s Phoenix office

Marcus & Millichap President and CEO Hessam Nadji Elected to ICSC Board of Trustees
Selection marks first brokerage CEO appointed to this position

Phoenix Industrial Building Goes for $175/sf
48k facility picked up by a private investor

Chris Moe, Hans Kemo and Austin Arper Join CRE’s Seattle Office
Trio will be co-leaders of firm’s Life Sciences practice in the Northwest

Phoenix Hotel Property Trades for Over $16 Mil
Sale of 99-room Hampton Inn Hotel works out to $164k/room

AZ Build-to-Rent Development Lands $30 Mil in Construction
JLL arranges construction for project by Blue Vista Capital Management and Family Development

Colorado Industrial Building sells for $195/sf
25k sf facility is part of Gateway Business Park in the Fort Collins area

Union Bank Sells Five San Diego Area Branches for $19 Mil
Two properties are in the city, while others are in Lemon Grove, Imperial Beach and Brawley

NoCal Chick-fil-A Single-Tenant Property Sells for $2,167/sf
Private investor pays $10.4 mil for new Livermore location

Fremont Multifamily Property Sells for $453k/Unit
60-unit Victoria Park fetches $27 mil

Class 36k sf Industrial Facility Under Construction in Loveland, CO
Airpark North is a development of BH Developers and Evergreen Industrial

Community Preservation Partners Spends $29 Mil on 143-Unit Multifamily Property in Aurora, CO
Firm to spend $75k per unit on renovations to maintain affordable rents for families and seniors

Tucson Retail Center Goes for $225/sf
Exchange investor spends $22 mil on 97k sf Silverbell Plaza

Clarion Partners Sells 459k sf Industrial Facility in Washington
Deal is for Renton Logistics Center

Maryland Firm Buys 13 Acres in Manor, Texas for Res Project
Site is planned for 200-unit development

The Bascom Group Picks Up 346-Unit Res Community in Houston
Deal for Montierra is the company’s fifth acquisition in the city over the past two years

Access all of RENTV's past video programs





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2023 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media