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December 14, 2019
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• Premier Workspaces Opens First Location in Santa Clarita Valley
6/12/19
Premier Workspaces, one of the largest privately-owned flexible workplace operators in the U.S. with over 90 locations, has just opened its first location in north L.A. County’s Santa Clarita Valley. The property is located a...
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• Rexford Industrial Realty Spends $18 Mil on Inland Empire Development Property
6/12/19
Rexford Industrial Realty Inc has purchased a 15.47-acre, fully entitled development site in the Inland Empire for $18.2 mil. The acquisition was funded using cash on hand. The site is located in Eastvale, five miles from th...
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• WA Retail Center Refinanced with $65 Mil Loan
6/10/19
Newmark Realty Capital arranged $65 mil in refi money for the Downtown Woodinville Shopping Center. The property is located in Woodinville, WA, approximately 20 miles northeast of the Seattle CBD. The multi-tenant retail ce...
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• Realm Group Acquires DTLA Site for Res Tower Project
6/10/19
Realm Group LLC purchased a 1.5-acre site located in Downtown Los Angeles at 675 South Bixel St. Realm, a joint venture between Realm Real Estate LLC and The Bascom Group LLC, entitled the site for the development of a 36-st...
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• Meta Housing and Western Community Housing to Build 44-Unit Affordable Housing Project in Roseville
6/05/19
Meta Housing Corporation and Western Community Housing Inc are set to develop Main Street Plaza Apartments, a 44-unit, mixed-use affordable housing complex at the northeast corner of Washington Blvd and Main St in Roseville. ...
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• LaSalle Investment Management Acquires Two Buildings at San Diego Area Biz Campus
6/04/19
LaSalle Investment Management purchased a two-building industrial portfolio totaling 201k sf in San Diego’s Otay Mesa submarket. Situated on 14.62 acres within the 2 msf Siempre Viva Business Park, the portfolio is located at...
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• Santa Maria Res Development Refinanced with $35 Mil Take-Out Loan Prior to Completion
6/03/19
Dynamic Development Company has financed Refugio Apartments, a 125-unit luxury townhome rental community in Santa Maria, with a take-out loan of $35 mil. The refi, arranged by JLL Capital Markets and provided by Annaly Capita...
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• Work Gets Started on the Latest Phase at The Center at Needham Ranch in Santa Clarita
5/31/19
Trammell Crow Company (TCC) and Clarion Partners LLC have commenced construction on Phase 1B of The Center at Needham Ranch, a 54-acre business park that sits on a 132-acre, fully entitled site. Construction is scheduled to c...
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• Kimpton Hotel Wilshire in L.A. to Undergo a Full Modernization
5/30/19
Renovation work has begun on Kimpton Hotel Wilshire, a 41.9k sf boutique hotel on Los Angeles’ westside that was originally built in 2011 as an adaptive re-use of a 1951 office building. The property is owned by OSM Investmen...
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• Drawbridge Realty Picks Up 149k sf Phoenix Office Asset
5/29/19
Desert Canyon 300, a 149.2k sf office building in Phoenix, was acquired by San Francisco-based. The property, located at 2411 W. Peoria Ave, was sold by Salt Lake City-based Bridge Investment Group. Built in 2001 by The Alte...
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• Sorrento Mesa Office Property Trades for $17 Mil
5/29/19
Graymark Capital, in a venture with an institutional partner, has acquired 10455 Pacific Center Court, a 92.5k sf office property located in San Diego’s Sorrento Mesa submarket.The property, positioned on a 7.7-acre, canyon-e...
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• Draftsmen & Craftsmen
5/28/19
In a construction milestone at a new residential rental development in Danville, framing has begun on the Alexan Downtown Danville, a 144-unit luxury community within walking distance of Danville’s Historic Downtown District....
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• Community Preservation Partners Completes Rehabilitation of 48-Unit Low-Income Housing Portfolio in Los Angeles
5/28/19
Community Preservation Partners (CPP) has completed an $11.9 mil rehabilitation of The Curtis Johnson Apartments, a six-building, 48-unit low-income residential portfolio in and around the Vermont Harbor neighborhood of Los A...
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• Portland Area Medical Office Building Sells in $14.5 Mil Deal
5/24/19
Tigard Medical Plaza, a 21k sf outpatient medical office building and ambulatory surgery center in the Portland-area community of Tigard, sold for $14.5 mil ($690/sf). A private investor in a 1031 exchange purchased the medic...
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• Phoenix Retail Center Sells for $232/sf
5/24/19
In a recent AZ retail investment buy, a West Coast-based private investor purchased El Super Shopping Center, a 59.4k sf property in Phoenix, for $13.8 mil ($232/sf). Built in 2017, the property is located at 2211 W. Camelbac...
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• Calvera Partners Closes $16 Mil Res Buy in Alameda
5/23/19
Calvera Partners has acquired a 52-unit apartment building in Alameda for $15.95 mil ($307k/unit), in a deal that marks the final acquisition for the firm’s current discretionary investment fund. The purchase is part of Calve...
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• Columbia Pacific Advisors Provides $17.6 Mil for Building Purchase and Two Other Property Repositioning Projects in the L.A. Area
5/22/19
Columbia Pacific Advisors through its real estate lending platform has provided a Southern California-based retail investor with a $17.6 mil bridge loan to finance the acquisition of a two-story, 43k sf, mixed-use creative of...
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• Upscale Mixed-Use Complex Opens Its Doors in Burbank’s Media District
5/22/19
Talaria Burbank, a new mixed-use development in Burbank, has opened its doors and is welcoming new residents. Developed by Cusumano Real Estate Group, Talaria features 241 designer apartment homes, anchored by a 42k sf Whole ...
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• Work Completed on 466k sf Expansion of Newell Brands Facility in Victorville
5/21/19
Stirling Capital Investments has completed construction of a 466.3k sf building expansion for Newell Brands at Southern California Logistics Airport (SCLA). The expansion space was completed ahead of schedule, and is Newell’s...
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• Kingsbarn Realty Capital Picks Up 83k sf OC Office Asset
5/21/19
In a recent OC office buy, Kingsbarn Realty Capital purchased a two-story, 83.2k sf Class A office property in Foothill Ranch. Built in 1998, the property is located at 27042 Towne Center Dr, just off the 241 Toll Road and La...
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