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March 19, 2024
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Archive
1  | 2  |  3  | 4  | 5  | 6  | 7  | 8  | 9  | 10  ...  183
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• Brixton Capital Buys 178k sf NoCal Shopping Center
12/19/23
In a recent NoCal retail buy, Brixton Capital acquired Monterey Plaza, a 178.2k sf shopping center in San Jose. The property was sold by a Kimco Realty joint venture with Prudential Global Investment Management for an undiscl...
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• STG Capital Partners Picks Up 17 Acres in Paso Robles for Res Development
12/19/23
STG Capital Partners has acquired 17 acres of land located at 3138 Linne Road in Paso Robles, CA for $16.95 mil. The company will begin immediately on the development of 214 build-to-rent homes with completion planned for su...
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• Commercial Real Estate Financing Briefs
12/18/23
CBRE CAPITAL MARKETS - Bob Ybarra, Bruce Francis, Shaun Moothart, Doug Birrell, Nick Santangelo and Jim Korinek with CBRE’s Capital Markets Debt and Structured Finance team arranged a $13.5 mil participating construction loan...
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• Bellevue, WA Multifamily Property Goes for $16 Mil
12/15/23
Bellefield Manor, a 44-unit apartment community situated on 1.8 acres in downtown Bellevue, WA, was acquired by a California-based investor for $16.1 mil ($366k/unit).The buyer is expected to make additional cosmetic upgrades...
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• AZ Flex/Office Building Trades to Private Investor
12/14/23
A 62k sf, freestanding flex office building in Tempe, AZ was acquired by Enzed LLC, a private individual investor. Located at 8140 S Hardy, the building is 100% leased to a single tenant. The seller was a global investment ad...
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• Fresno Multifamily Property Sells for $115k/Unit as Part of Complex, Six-Property Reverse 1031 Exchange
12/13/23
College Apartments, a 40-unit multifamily property in Fresno, traded hands for $4.6 mil ($115k/unit) as the final piece of complex six-property reverse 1031 exchange transaction. Robin Kane and Brendan Kane with The Moghareb...
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• Peckham Inc Leases 136k sf Office Building in Phoenix
12/13/23
Peckham Inc, a non-profit community vocational rehabilitation organization, has inked a lease for all of One Compass Center, a four-story, 136.2k sf Class A office building in Phoenix in a deal we’re told is the largest offic...
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• Rani Therapeutics Inks 33k sf Lease Expansion in the Bay Area
12/12/23
Rani Therapeutics LLC, the operating subsidiary of Rani Therapeutics Holdings Inc, has signed a lease expansion for 33.3k sf of manufacturing, R&D and administrative space in Fremont. Rani is a Silicon Valley-based, clinical-...
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• Palm Desert Retail Pad Property Sells for $454/sf
12/12/23
A fully occupied, 8.5k sf multi-tenant retail pad property in Palm Desert traded hands in a $3.86 mil ($454/sf) transaction. The property, situated near the I-10 Fwy Washington St on/off ramp is anchored by a new Chipotle Mex...
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• Santa Maria Luxury Res Community Trades
12/11/23
Azure, a 318-unit, luxury garden-style apartment community in the SoCal city of Santa Maria, has traded hands. While we’ve not been able to confirm the buyer or the price, we’ve heard that the buyer was Afton Properties, whic...
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• RectorSeal Leases 240k sf at Tejon Ranch
12/11/23
RectorSeal LLC has agreed to a lease for 240k sf of space within a 480k sf industrial facility at Tejon Ranch Commerce Center (TRCC). RectorSeal, a manufacturer of quality HVAC/R and plumbing products distributed globally, be...
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• Constellation Real Estate Partners and Northwestern Mutual acquire 10 Acres in Grand Prairie, TX for Industrial Project
12/08/23
Constellation Real Estate Partners, in partnership with Northwestern Mutual, has acquired 10 acres of land at 901 E. Avenue K in Grand Prairie, TX for the development of Constellation Commerce 360, a two-building, 200.5k sf s...
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• Affiliate of The Boring Company Buys 1.36-Acre Las Vegas Site for Underground Loop Station
12/08/23
Fairgrounds Drive Retail LLC, an affiliate of HMV Group, sold a 1.36-acre site in Las Vegas for $3.67 mil. The property, located at 3682 S. Valley View Blvd, was acquired by Object Dash LLC, an affiliate of Elon Musk’s The Bo...
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• Cityview’s Portico Res Development in Oakland Expected to be Completed this Month
12/07/23
Cityview’s 378-unit opportunity zone res project in Oakland is slated for completion in December 2023. The development, named Portico, is an upscale waterfront community located at 37 8th Ave in Brooklyn Basin’s master-planne...
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• Prologis’ Buildings Currently Generate 500 Megawatts of Solar Energy
12/07/23
Rooftop solar and storage installations on Prologis Inc's buildings can now generate 500 megawatts (MW) of energy – a significant milestone that puts the company halfway to its one gigawatt (GW) of solar supported by storage ...
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• Hanley Investment Group Raises Over $33k for Movember
12/05/23
Hanley Investment Group Real Estate Advisors raised $33,639 for Movember in the month of November. This marks the 13th consecutive year that Hanley Investment Group has joined the global movement to raise awareness and critic...
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• NewMark Merrill Companies Buys 172k sf Retail Center in Thousand Oaks
12/04/23
NewMark Merrill Companies has acquired a 172k sf retail center located at 145 W. Hillcrest Drive in Thousand Oaks. The asset, renamed the Collection at Janss Marketplace, was sold by Seritage Retail Group. The center is adj...
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• NoCal Res Development Lands $51 Mil in Construction Take-Out Financing
12/01/23
JLL Capital Markets has arranged $51 mil in construction takeout financing for Mossdale Landing Apartments, a recently completed, Class A, 204-unit, garden-style apartment community located in Lathrop, CA. Completed in summe...
more » 

• Montana Investment Entity Spends $10.5 Mil on AZ Corp HQ Building
12/01/23
Sewell Trust, a private investor based in Montana, acquired a 50.1k sf single-tenant Class A corporate headquarters building in Prescott, AZ in a $10.5 mil sale/leaseback deal. Built in 2021, the two-story facility was origin...
more » 

• Stos Partners Buys Phoenix Industrial Asset for $9 Mil
11/30/23
Stos Partners has acquired a 49.5k sf industrial complex in Phoenix for $9 mil ($182/sf). The property, which sits on 3.32 acres at 620 N. 43rd Ave, was sold by Auto Body Parts LLC. The company plans to implement a capital im...
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