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April 27, 2015
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• Allen Distribution Leases 1.28 msf of Space from Prologis
2/24/15
Allen Distribution, a third-party logistics provider, recently inked three leases totaling 1.28 msf in the Ontario area. The buildings are owned by Prologis and located within Prologis’ West Inland Empire portfolio of propert...
Price: $4.99
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• Investors Spend Nearly $10 Mil on Two AZ Retail Buys
2/24/15
Two multi-tenant retail centers in Gilbert, AZ, a submarket of Phoenix, sold for a combined transaction value of $9.86 mil. The properties, totaling 68.2k sf ($145/sf) in size, were sold by affiliates of LNR Partners. One of...
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• ViaWest Group Picks Up 50k sf AZ Office Property
2/23/15
ViaWest Group has boosted its portfolio with the recent purchase of a 49.5k sf multi-tenant office building in Tempe, AZ. The property, ConneXion (previously referred to as Transamerica Research Center), is located at 7855 S....
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• Houston-Area Residential Community Trades Hands
2/20/15
Hartford Park Apartment Homes, a 328-unit multifamily community located four miles from the Energy Corridor in Houston’s Westchase District, was purchased by Omninet Capital. The terms of the sale were not released. B...
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• Wood Partners Breaks Ground on Dallas Res Development
2/19/15
In residential development news out of Dallas, TX, Wood Partners LLC has broken ground on Alta Yorktown, a six-acre, 226-unit multifamily rental community one mile west of the city’s downtown. Next to the hip new Trinity Grov...
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• Alhambra Developer Buys 344 Res Lots at Lake Las Vegas
2/18/15
Here’s news of a sizable residential land buy in the Vegas area, as Alhambra-based developer RY Properties and its investment partners purchased 344 partially improved lots on 127 acres at the former site of The Falls Golf Co...
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• Phillips Edison & Company Collects Over $38 Mil from Sales of Seven Retail Properties
2/18/15
Phillips Edison & Company, an institutional investment firm that owns more than 36 msf of retail properties across the US, recently sold seven properties totaling more than 800k sf of space in deals worth a combined $38.3 mil...
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• Landmark One Santa Fe Development in Downtown LA is 55% Leased
2/12/15
Since opening in September, 2014, activity at the One Santa Fe mixed-use community in downtown Los Angeles has included over 260 lease signings and over 240 residences occupied, bringing the project to 55% leased. Designed by...
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• ViaWest Pays $6.3 Mil for 95k sf of Phoenix Industrial Space
2/11/15
ViaWest Group recently picked up two multi-tenant industrial buildings, totaling 95.1k sf, in Phoenix for $6.3 mil ($66/sf). The buildings, located at 2950 E. Broadway Rd, are part of the Broadway Crossing industrial park. C...
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• Bernards Lands Two New Inland Empire Community College Construction Projects
2/11/15
Bernards was recently awarded two significant community college building projects in the Inland Empire. One of the projects is the new, $21.8 mil Crafton Center at Crafton Hills College for San Bernardino Community College Di...
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• CBRE Arranges $17 Mil in Bridge Financing on Oakland Office Property
2/10/15
CBRE Capital Markets’ Debt & Structured Finance team has arranged $17.2 mil in bridge financing for Latham Square, a 15-story, 118.2k sf office building located in Oakland. CBRE’s Brad Zampa, Michael Walker and Megan Woodring...
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• Phoenix Res Complex Sells for $18 Mil
2/09/15
In an interesting Phoenix deal, Belkorp Holdings Inc has purchased Indigo, a formerly fractured condominium asset that over 24 months was transformed into a 108-unit, Class A apartment community. The asset was sold by Seattle...
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• Cushman & Wakefield Acquires Carlsbad-Based Property Tax Resources
2/03/15
Cushman & Wakefield has acquired substantially all the assets of Property Tax Resources (PTR), a leading advisory service based in Carlsbad. The move was part of C&W’s ongoing efforts to provide a national tax advisory practi...
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• NAIOP SoCal Announces Its 2015 Executive Committee and Board of Directors
2/02/15
NAIOP SoCal has announced its 2015 Executive Committee and Board of Directors. The 40-person board includes representatives from a diverse array of the commercial real estate industry’s most successful companies. The 2015 N...
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• Pathfinder Partners Wraps Up Initial Closing of Its Opportunity Fund V
1/28/15
San Diego-based Pathfinder Partners LLC has completed the initial closing of Pathfinder Partners Opportunity Fund V – a private real estate fund focused on acquiring multifamily and other residential real estate, both rental ...
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• JLL Names Firm’s Top LA Brokers for 2014
1/27/15
Real estate services firm JLL has named the firm’s top performing brokers in Los Angeles for 2014. These brokers, who were recognized for their performance achievements, were chosen from 75 brokers in five Los Angeles office...
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• Rexford Industrial AcquiresTwo SoCal Properties Totaling Over 200k sf
1/27/15
Rexford Industrial recently closed on two more SoCal industrial property purchases, paying $30.6 mil for properties containing a combined total of 213.6k sf ($143/sf) of space. With these deals, the company owns interests in ...
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• Anchor Tenant Buys 36k sf AZ Office Building
1/26/15
Phoenix Heart, a leading cardiology group in the Phoenix area, has purchased the 35.9k sf Class A office building that they had been occupying as the anchor tenant. The building, located at 5859 Talavi, was sold by Credit Uni...
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• Donahue Schriber Realty Group Closes 320k sf NoCal Retail Buy
1/26/15
Donahue Schriber Realty Group has acquired Village Oaks shopping center, a 320k sf retail asset in San Jose. The property was purchased from Cupertino-based Hunter Properties. Constructed in 2014, the Target- and Safeway-a...
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• New Austin, TX Office Project Breaks Ground
1/23/15
Crimson Real Estate Fund LP and USAA Real Estate Company have broken ground on a new 129k sf, Class A office building in northwest Austin, TX. The project, Aspen Lake Two, is being developed for the owners by Houston-based Pa...
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