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November 29, 2022
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Archive
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• Harbor Custom Development Lands $39 Mil Loan for Development of WA Res Community
10/07/22
Harbor Custom Development Inc has secured $39 mil in construction money to complete the development of a 177-unit, garden-style multifamily community located in Lacey, WA, a suburb of the Seattle/Tacoma MSA. The non-recourse ...
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• Work Finished on New $50 Mil Facility at Long Beach City College
10/06/22
Long Beach City College has completed work on a new, 95.5k sf multi-disciplinary facility located on their Liberal Arts Campus. The project was built by C.W. Driver Companies and designed by HPI Architecture. Designed to be ...
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• Bridge Logistics Properties Buys 200k sf TX Industrial Facility
10/05/22
Bridge Logistics Properties (BLP) has acquired a 203.4k sf, Class A industrial building in Grand Prairie, TX. The price was not given out. The building, located at 804 W. Shady Grove Rd, is a recently delivered, highly funct...
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• Architectural Firm MVE + Partners Opens Denver Office
10/05/22
Architecture and planning firm MVE + Partners is opening a new Denver studio as part of the firmís steady expansion. The new office, located in the cityís vibrant Uptown neighborhood at 1900 Grant St, boosts MVEís presence in...
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• Link Logistics Picks Up Montebello Industrial Facility in $29 Mil Deal
10/04/22
Link Logistics has acquired an 82.2k sf industrial building in Montebello for $29.3 mil ($356/sf) in an off-market transaction. The facility sits on 3.12 acres at 1719 Chapin Rd, east of I-5 and north of Slauson Ave. Jon Ren...
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• Buchanan Mortgage Holdings Funds Three CA Loans Totaling $55 Mil
10/03/22
Buchanan Mortgage Holdings LLC (BMH), an affiliate of Buchanan Street Partners L.P., recently closed three loans in California totaling $55 mil. The financing deals were for development land in San Diego, an office to res con...
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• DAHLIN Architecture | Planning | Interiors Acquires Design Line Interiors
10/03/22
DAHLIN Architecture | Planning | Interiors has acquired Del Mar, CA-based Design Line Interiors. DAHLIN will also be expanding its multiple practice team of accomplished designers dedicated to serving the needs of clients by ...
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• Lease for 103k sf at the Contra Costa Logistics Center is an Enchanting Deal
10/03/22
Canadian-based live event production company Enchant inked a lease for 103k sf of space at the Contra Costa Logistics Center in Oakley, a NoCal city situated roughly midway between San Francisco and Sacramento. Terms of the d...
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• Cypress West Partners Venture Buys 32k sf Phoenix Area Medical Office Buy
9/29/22
In a recent Phoenix area medical office buy, a joint venture between Cypress West Partners and an institutional real estate advisor acquired Simon Medical Plaza, a new, 32k sf building in Laveen, AZ. The purchased was finance...
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• Teakwood Real Estate Partners Buys Self-Storage Facility in Mesa, AZ
9/28/22
Teakwood Real Estate Partners has acquired a 292-unit self-storage facility in Mesa, AZ. Westport Properties will oversee management and operation of the property, located at located at 462 S. Gilbert Rd, under the US Storag...
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• Sacramento Office Building Trades for $55 Mil
9/27/22
A partnership between Seagate Properties and Cottonwood Group purchased 925 L St, a 168.8k sf, Class A, multi-tenant office building in downtown Sacramento, for $55.1 mil ($326/sf). The property was sold by a joint venture be...
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• Leap of Faith Partners Secures Funding for 125-Unit Mixed-Use Project in Ventura
9/27/22
Leap of Faith Partners (LOF) has obtained a total of $66.9 mil of funding for a 125-unit, 10k sf mixed-use development in the city of Ventura. The financing consists of $14.5 mil in common equity and $52.4 mil in construction...
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• DCG Fulfillment Leases 306k sf in Lathrop, CA
9/26/22
In a NoCal logistics lease, DCG Fulfillment inked a deal for 306.4k sf of space in Lathrop, about 10 miles south of Stockton. The space is part of a 610k sf industrial warehouse located at 3645 W. Yosemite Ave. The facility ...
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• NAIOP SoCalís Annual Night at the Fights to be Held October 6 in Costa Mesa
9/23/22
NAIOP SoCal will hold its much anticipated industry event of the year, Night at the Fights, on October 6 at the OC Fair & Event Center, Hangar Building in Costa Mesa. More than 1,000 commercial real estate professionals are e...
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• Ellis Partners Buys 87k sf R&D Campus in Sunnyvale
9/22/22
Ellis Partners purchased an 87.1k sf value-add R&D campus in Sunnyvale for an undisclosed amount. The campus, located at 333 and 385 Moffett Park, is comprised of a 75.9k sf two-story building and an 11.2k sf one-story buildi...
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• Copper State Bolt & Nut Starts Work on Distribution Center in Goodyear, AZ
9/19/22
Copper State Bolt & Nut Co has broken ground on a new 39.5k sf, Class A distribution center on five acres they acquired within the PV 303 industrial park in Goodyear, AZ. The project represents an expansion of the Phoenix-bas...
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• NDL Group Inc Collects Over $5 Mil from Building Sales at Camino Al Norte Office Park in Las Vegas
9/19/22
Six grey shell office buildings totaling 33.8k sf within Camino Al Norte Office Park in North Las Vegas were sold to five private buyers in four deals worth $5.05 mil. The properties were sold by Las Vegas-based seller and de...
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• BLT Enterprises Closes on $130 Mil of SoCal Industrial and Creative Office Acquisitions
9/16/22
BLT Enterprises recently acquired seven SoCal industrial and creative office properties for a total of $130 mil. Located throughout Los Angeles County, Orange County, and San Diego County, California, the acquisitions total n...
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• Texas Single-Tenant Retail Ground Lease Trades Between Dallas Investors
9/16/22
A Dallas-based private investor purchased the ground-lease of a single-tenant retail property occupied by Salad and Go, a gourmet salad drive-thru restaurant chain, in Mesquite, TX. Located at 1950 N. Town East Blvd, the 800 ...
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• Silicon Valley Medical Office Building Sells for $552/sf
9/15/22
A 35.3k sf medical office building in San Jose was purchased for $19.5 mil ($552/sf) by the propertyís current tenant, El Camino Health. The building, located at 625 Lincoln Ave, was sold by The Sobrato Organization. El Cami...
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