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• Entrada Partners Buys 152k sf Texas Office Building
3/13/20
Entrada Partners has purchased Travis Park Plaza, a 151.7k sf, Class A office building and a six-story garage in San Antonio. The price was not disclosed.
Built in 1970 and later renovated in 2001 and 2019, the seven-story, ...
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• Historic Building in Downtown Los Angeles Sells for $500/sf
3/12/20
Main Street Trading Group LLC paid $8.2 mil for the historic Farmers & Merchants Bank building in downtown Los Angeles. Originally constructed in 1904, the 16.4k sf ($500/sf) building is located at 401 S. Main St, in the Hist...
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• CBRE Global Investors Fund Buys Last Mile Facilities in Phoenix and Orlando
3/11/20
A fund sponsored by CBRE Global Investors has acquired two fully leased built-to-suit last-mile distribution facilities in Phoenix and Orlando. These acquisitions are part of a broader strategy of the fund to invest in target...
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• New Culver City Multifamily Project Set to Open to the Public
3/11/20
Trion Properties has completed its first ground-up development project -- a 28-unit, multifamily community in Culver City. The project, called 5012 Apartments, represents Trion’s expansion from value-add multifamily renovatio...
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• Vegas Office Building Trades for $3.85 Mil
3/09/20
A freestanding 37.7k sf office building in Las Vegas sold for $3.85 mil, or $102/sf. Located at 6425 W. Sahara Ave, the property was sold by Equity Partnership Property Management LLC.
Built in 1995, the two-story, multi-ten...
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• Temecula Biz Campus Traded in $11 Mil Deal
3/06/20
A Los Angeles-based private investor acquired Temecula Corporate Park, an 86.9k sf, multi-tenant office and industrial park in Temecula, in a recent $10.9 mil transaction. The property is located at 43379, 43385, 43391 and 43...
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• Lincoln Property Company Breaks Ground on AZ Biz Campus Slated to Hold up to 4.5 msf at Full Build-Out
3/06/20
Lincoln Property Company has broken ground on the first building at Park303, a major industrial master-planned development that at build-out will accommodate up to 4.5 msf of ultra-modern, freeway-fronting Class A industrial ...
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• Ashland Pacific and Integrated Capital Management Team Up in Venture to Acquire West Coast Student Housing Properties
3/05/20
Ashland Pacific and Integrated Capital Management have formed a joint venture that will focus on acquiring and managing $150 mil of student housing properties on the West Coast. Ashland Pacific will be the managing member of ...
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• Phoenix Industrial Property Goes for $140/sf
3/04/20
A fully-leased, 82.7k sf industrial property in Phoenix traded hands for $11.55 mil, or $140/sf. The property is located at 5150 S. 48th St, a few blocks from I-10 and Hwys 60 and 143.
The building was constructed as a build...
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• Portland Area Industrial Asset Trades in $11 Mil Deal
3/04/20
Myers Container Building, a 181.3k sf industrial facility on 15 acres in the Portland area, was purchased for by $11.2 mil ($62/sf) by a joint venture between The Specht Company and the owner/operators of the Myers Container ...
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• Development of Medical Office Building in Willowbrook is Completed
3/02/20
Work has been completed on a new, 52k sf medical office building, which will be known as the MLK Community Health Building, in Willowbrook, an unincorporated community in central Los Angeles, adjacent to the 105 and 110 Freew...
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• Industrial Development Breaks Ground Near Sky Harbor Airport in Phoenix
3/02/20
ViaWest Group has broken ground on Superior Logistics Center, a two-building, 150.7k sf industrial project just south of Sky Harbor Airport in Phoenix. The Class A development will cover a 9.17- acre land site at the northwes...
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• Tratt Properties LLC Breaks Ground on 1.3 msf AZ Spec Industrial Project
2/28/20
Phoenix-based Tratt Properties LLC has broken ground on a 1.3 msf, Class A industrial development sitting just south of the junction of Interstate 10 and the Loop 303, in a designated Opportunity Zone in Goodyear, AZ. Called ...
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• Construction Completed on Three Facilities within The Center at Needham Ranch in Santa Clarita
2/27/20
Trammell Crow Company (TCC) and Clarion Partners LLC have completed construction on all three buildings in the phase 1A of The Center at Needham Ranch, which is part of the first phase of a larger 252-acre, fully entitled si...
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• T3 Office Project in Denver Gets Underway
2/26/20
Work has begun on T3 RiNo, a six-story, 240k sf T3 (Timber, Transit and Technology) office building in Denver’s River North Art District (RiNo) that will be one of the most environmentally friendly and sustainable development...
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• Contour and Shopoff Realty Investments Buy 5.25 Acres on the Vegas Strip
2/24/20
A JV partnership between Contour and Shopoff Realty Investments has acquired an unentitled, 5.25-acre parcel of land situated on the Las Vegas strip on behalf of a JV partnership between Contour and Shopoff Realty Investments...
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• Cushman & Wakefield Acquires Colvill Office Properties in Houston
2/21/20
February 21, 2020 Cushman & Wakefield Acquires Colvill Office Properties in Houston
Leading office leasing firm boosts C&W's presence in the region
Cushman & Wakefield has acquired Colvill Office Properties, a leading provi...
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• PCCP LLC and Kairoi Residential Acquire 326-Unit TX Res Asset
2/20/20
A joint venture between PCCP LLC and Kairoi Residential has acquired Boulevard at Sonterra, a 326-unit garden-style multifamily property located at 210 E Sonterra Blvd in the Stone Oak submarket of San Antonio, TX. The buyer ...
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• 24/7 Events Inc Leases 51k sf Facility in Valencia
2/19/20
24/7 Events Inc inked a long-term lease for 50.9k sf at a newly constructed industrial property located within Valencia Commerce Center in Valencia. The Class A building, located at 27788 Hancock Pkwy, is a freestanding facil...
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• Historic Building in Downtown Salt Lake City Sees Significant Leasing Activity
2/19/20
There has been 50k sf of new leases signed at the Salt Lake Hardware Building in downtown Salt Lake City, UT. The transactions include a new 22.9k sf lease by a medical device company, a new 5.7k sf lease by a local tech comp...
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