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• Industrial Facility in Vista Sells for $24.7 Mil
12/20/18
A 135k sf, single-tenant industrial facility in Vista sold for $24.7 mil ($183/sf). The building, located at 2710 Progress St, north of San Marcos Blvd and southwest of Hwy 78, is fully leased to longstanding tenant Captek So...
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• Century | Urban Spends $12 Mil on East Bay Office Building
12/19/18
Century | Urban, a real estate investment and advisory firm, acquired 2890 N. Main Street, a 42.7k sf office building located in Walnut Creek, for $12.3 mil ($288/sf). The three-story building is 94% leased with US Bank as it...
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• East Bay Multifamily Community Goes for $44 Mil
12/18/18
The Mark, a 150-unit apartment property in the East Bay city of Hayward, has sold for $44 mil ($293k/unit). The buyer was New Standard Equities.
The garden-style complex is located at 24650 Amador St, east of I-880 and north...
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• MedImpact Healthcare Systems Buys Tempe Industrial/Flex Property for Expansion
12/18/18
San Diego-based MedImpact Healthcare Systems Inc purchased Ocotillo Business Center, a 102.7k sf, industrial/flex property in Tempe, AZ, for $12.6 mil ($123/sf).
Ocotillo Business Center is a three-building complex located a...
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• Equus Capital Partners Buys 200k sf WA Mixed-Use Complex
12/17/18
Equus Capital Partners has purchased Highlands Campus Tech Centre, a 201.8k sf mixed-use development in Bothell, WA. It was sold by Investcorp.
Highlands Campus is located at 21520 30th Drive SE, 21312 30th Drive SE and 2122...
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• Neighborhood Retail Center in Arizona Sells for $5 Mil
12/17/18
The Shops at Arizona, a 35.7k sf Ace Hardware-anchored neighborhood shopping center in Anthem, AZ, sold for $5.075 mil, or $142/sf. The center, located at 3434 Anthem Way, is 88% occupied with a mix of daily needs, food servi...
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• Inland Empire Office Building Trades for Over $20 Mil
12/14/18
In a recent Inland Empire office acquisition, Montclair-based De Anza Land and Leisure Corp purchased Center Tower Riverside, a five-story, 73.6k sf Class A building in Riverside, for $20.66 mil ($281/sf). The property was so...
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• MidOcean Partners Acquires Meyers Research from Kennedy Wilson
12/13/18
MidOcean Partners, middle market private equity firm focused on the business services and consumer sectors, acquired Meyers Research LLC, a leading provider of data for the real estate industry. The Irvine-based firm was sold...
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• Carlsbad Creative Office/R&D Campus Trades Hands
12/13/18
A joint venture between SteelWave LLC and funds managed by Angelo Gordon recently closed on the purchase of a 208.9k sf creative office/R&D campus in Carlsbad. The single-story, multi-tenant property, situated on over 13 acre...
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• Vacant DTLA Office Building to Be Converted into a 180-Room Hotel
12/12/18
Oceans V has secured $50.9 mil in construction financing to reposition a vacant office building into the Cambria Hotel and Suites, a 180-room, full-service hotel in downtown Los Angeles. The loan was arranged by HFF’s Matthew...
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• Bay Area Multifamily Portfolio Trades in $41 Mil Deal
12/11/18
A four-property, 201-unit multi-housing portfolio in the Sonoma County city of Rohnert Park was acquired by a private investor for $41.05 mil ($204k/unit). The properties were sold by a Colorado-based private investment entit...
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• Pair of Medical Office Buildings in Westlake Village Trade for $30 Mil
12/10/18
Two medical office buildings totaling 50k sf in Westlake Village sold for $29.95 mil, or about $599/sf. The assets were purchased by Welltower in an off-market transaction.
The buildings, located at 1220 and 1250 La Venta D...
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• Work Started on Newport Beach Senior Living Project
12/10/18
Atria Senior Living has begun construction on Newport Terrace Senior Living, a 120k sf assisted living complex in Newport Beach. R.D. Olson Construction is the general contractor for the project.
Atria Senior Living will be ...
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• Tower 16 Capital Partners and Henley USA Team Up in $29.5 Mil Vegas Multifamily Buy
12/07/18
San Diego-based Tower 16 Capital Partners, in a joint venture with Henley USA, has acquired Evergreen Apartments, a 314-unit, multifamily project two miles west of the Las Vegas Strip, for $29.5 mil ($94k/unit). Tower 16 wil...
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• Phoenix Office Investment Buy Closes at $6.75 Mil
12/06/18
Beverly Center, a single-story, 43k sf Class A single-tenant office property in Phoenix, sold for $6.75 mil ($157/sf). The property, located at 8181 S. 48th St, was acquired by Beverly Holdings LLC, out of Woodland Hills.
Be...
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• Pleasanton Multifamily Property Acquired for $24 Mil by Private Investor
12/06/18
Vista Del Sol, a 73-unit multifamily asset in downtown Pleasanton, was acquired by a local, private investor for $24.25 mil, or $332k/unit. The property sits on 3.37 acres at 2451-2529 Santa Rita Rd.
The community is locat...
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• Legacy Partners and American International Group to Build 97-Unit Res Project in Hayward
12/05/18
A joint venture between Legacy Partners and American International Group Inc has acquired a 1.78-acre development site located at 28168 Mission Blvd in Hayward. The partnership will use the East Bay site for the development o...
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• CO Investor Closes $23 Mil Res Buy in San Marcos
12/04/18
Woodspear Properties closed on an 84-unit residential buy in the San Diego County city of San Marcos. The CO-based firm paid $23.3 mil ($277.4k/unit) for The Avenue at San Marcos Apartments, a two-story, garden-style complex,...
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• BLT Enterprises Buys 222k sf Corp HQ Facility in Vista
12/04/18
In North San Diego County, BLT Enterprises paid $31.5 mil for a 221.7k sf ($142/sf), corporate headquarters-quality industrial manufacturing and warehousing facility. The property is located at 3250 Business Park Dr, just nor...
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• Brixton Capital Purchases 127k sf Vegas Retail Asset
12/04/18
In a recent Las Vegas retail acquisition, Brixton Capital purchased a grocery-anchored, 126.7k sf shopping center called Decatur 215. The property, located at the southeast corner of North Decatur Blvd and West Tropicana Pkwy...
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