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March 29, 2024
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• New Wallis Annenberg Hall Completed at USC
11/07/14
The new Wallis Annenberg Hall at the University of Southern California has been completed. The $40 mil project, which will be the new home of USC’s acclaimed Annenberg School for Communication and Journalism, was built by Be...
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• Draftsmen & Craftsmen
11/06/14
Construction has been completed on the Cal Poly Pomona student recreation center, the Bronco Recreation and Intramural Complex (BRIC). The new LEED® Silver certified project was completed in September 2014. Built by C.W. Driv...
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• Pathfinder Partners Launches Its Fifth Fund
11/05/14
Pathfinder Partners LLC has launched the $100 mil Pathfinder Partners Opportunity Fund V, L.P. – a private real estate fund focused primarily on acquiring value-add multifamily and residential real estate in mid-tier cities i...
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• Gladstone Commercial Buys 189k sf Denver Industrial Facility
11/04/14
Gladstone Commercial Corp paid $10 mil for a 189.2k sf ($53/sf) industrial building in Denver. The property is fully leased through December 2024 to Premium Pet Health LLC, a wholly owned subsidiary of Smithfield Foods. Pre...
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• CBRE Arranges $30 Mil in Construction Money for Ventura Res Development
11/04/14
Ventura Heritage Corp has obtained a $30.6 mil construction loan for Island View Apartments, a 154-unit, Class A apartment development in Ventura. Construction of the development, which is located at Victoria Ave and 8th St i...
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• Preferred Office Network Adds Premier Business Centers
11/03/14
Preferred Office Network, the only network of office business centers focused on corporate users, has added Premier Business Centers to its network of 76 members and 346 locations in the United States, Canada and Mexico. This...
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• AZ Retail Asset Acquired by Exchange Buyer for $13.7 Mil
10/31/14
A two-building, NNN-leased retail property in Peoria, AZ was purchased by El Rancho Company, a San Jose -based 1031 exchange buyer, for $13.7 mil ($268/sf). The 51.2k sf property is situated on just over five acres at 9320 W....
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• Dekel Capital Launches New JV-Equity Investment Platform
10/30/14
Dekel Capital has announced the launch of Dekel Strategic Investors (“DSI”) a real estate JV-Equity investment platform. Along with their partner, Santa Monica-based Mountain Capital Partners, DSI will provide JV-Equity at th...
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• Tryperion Partners Closes Second Fund in Two Years
10/29/14
LA-based Tryperion Partners LLC has closed its second fund in two years. Tryperion RE Fund II, LP (the “Fund”) raised $50 mil of fully discretionary committed capital in an initial closing, which may increase to $75 mil in s...
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• DCT Industrial Trust Picks Up 355k sf AZ Portfolio
10/28/14
DCT Industrial Trust has acquired a three-property warehouse portfolio from a Chicago-based global investment manager for $26.44 mil. The properties, totaling 355.4k sf, are all located in Tempe, AZ. The portfolio includes: ...
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• Indian Bend Hotel Group Spends $10.4 Mil on Hampton Inn & Suites Scottsdale-Riverwalk
10/28/14
Indian Bend Hotel Group LLC paid $10.4 mil for the Hampton Inn & Suites Scottsdale-Riverwalk, a 101-key limited service hotel located at 9550 E. Indian Bend Rd in Scottsdale. The acquisition was funded with a $7 mil bridge lo...
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•  Auction.com Facilitates Over $100 Mil in Hospitality Property Closings Over Four Months
10/23/14
Online real estate marketplace Auction.com facilitated the sale of 30 hospitality properties between June 1 and Sept. 30. The 30 asset closings, which ranged from limited-service properties to large full-service assets, repre...
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• CO Office Building Trades Hands
10/23/14
Plaza Colorado, an 89.2k sf, mid-rise office building in Greenwood Village, CO, was purchased by Elion Partners, a privately held real estate investment firm based in Aventura, FL. The property, located at 5889 S. Greenwood P...
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• Washington Industrial Property Purchased by Owner/User
10/22/14
Tidland Corporate Center, a 64k sf industrial building on a six-acre campus in Camas, WA, sold for $3.3 mil. The property, which has been a manufacturing site since the early 1950s, is located at 2305 SE 8th Street in Camas, ...
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• Transwestern Lands Leasing Assignment for Valley Ranch Commerce District
10/22/14
The Signorelli Company has awarded the leasing assignment for Valley Ranch Commerce District in Texas to Greg Tilton of Transwestern. Valley Ranch Commerce District is a new office park development that will be located at the...
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• Health System-Leased Portfolio Listed for Sale
10/21/14
A group of physician owners has listed for sale its 10-property, 61.5k sf health-system-leased portfolio located throughout Northern California's wine country. The properties offer future development opportunities, according ...
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• Centric Commercial Joins CORFAC International
10/21/14
Austin, TX-based Centric Commercial has joined CORFAC International (www.corfac.com) as the network's fourth Texas firm in the Lone Star State. Led by Founder/Principal Craig Couch and Principal Russell Todd, Centric Commerc...
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• Employees Happier and More Productive at CBRE’s Non-Traditional “Workplace360” Offices
10/21/14
One year after moving into CBRE’s Downtown Los Angeles “Workplace360” office, more than 90 percent of employees report that if given the choice, they would not return to their previous, traditional way of working. As part of...
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• Titan SenQuest Acquires Two Texas Senior Living Properties
10/20/14
Titan SenQuest Senior Living has boosted its Texas senior living portfolio with the recent acquisitions of two properties containing a combined 116 units. The senior communities are Governor’s Ridge Retirement & Assisted Livi...
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• McCarthy Cook & Co and Rialto Capital Management Buy Santa Clara Office Building
10/17/14
McCarthy Cook & Co recently acquired a 120k sf office building in Santa Clara, in a partnership with Rialto Capital Management LLC. The price was not disclosed. Built in 1984, the two-story building in situated on 5.7 acres ...
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