| BKM Capital Partners Acquires 85k sf AZ Light Industrial Park
Newport Beach-based BKM Capital Partners has acquired Scottsdale Commerce Center, a four-building, 85.4k sf multi-tenant light industrial business park in Scottsdale, AZ, for $19.6 mil ($230/sf). The property was sold by Minn...
| Inland Empire Shell/Circle K Gas, Store and Car Wash Property Trades in $9.3 Mil Transaction
A private investor paid $9.34 mil for a Shell Gas Station, Circle K Convenience Store and Car Wash in Jurupa Valley. The purchase included both the business and the real estate.
Located at 3873 Pyrite St, directly off the h...
| Multifamily Property in Seattle’s Ballard Neighborhood Trades in $53 Mil Deal
Keelson Ballard, a 106-unit apartment building in Seattle’s Ballard neighborhood, sold for $53.6 mil, or $505.7k per unit. The property, located at 1537 NW 56th St, was sold by Seattle-based FA Johnson Development and Pryde D...
| Two Retail Properties in Chino Hills Trade in Separate Deals Totaling $19 Mil
There have been two Chino Hills multi-tenant retail property sales to report, in deals totaling just over $19 mil. The properties -- Chino Hills Grand Plaza and Gateway Village -- were acquired by separate buyers. They combin...
| L.A. Multifamily Investor Lands $93 Mil in Financing on Three Inland Empire Properties
An L.A.-based investor has obtained $92.7 mil in debt and equity financing for a 397-unit multifamily portfolio consisting of three properties in the Inland Empire. The transactions consisted of refinancings for two of the pr...
| Jackson Square Properties Buys 216-Unit WA Multifamily Property
San Francisco-based Jackson Square Properties has acquired Ambrose, a 216-unit apartment property in Bremerton, WA. The property was sold by an affiliate of The Wolff Company.
The garden-style property, located at 4520 Bay V...
| Historic Building in Downtown Denver Sells for $700/sf
Dallas-based L&B Realty Acquisitions LLC paid $25.5 mil for the historic Union Pacific Building at Coors Field in downtown Denver. Located outside the third base gate of Coors Field, the 36.4k sf ($700/sf) retail building was...
| The Bascom Group Buys 200-Unit Sun Chase Community in Las Vegas
The Bascom Group LLC has acquired Sun Chase, a a 200-unit multifamily property in Las Vegas, for $40.5 mil, or $202.5k per unit, in an off-market transaction.
The garden-style property, built in 1984/1985, offers residents a...
| Investor Wraps Up the Year with $7.7 Mil AZ Office Buy
In a recent AZ office trade, Chandler Office Center, a 57.3k sf property in Chandler, sold for $7.76 mil, or $135/sf.
Located at 1331, 1347 and 1351 N. Alma School Rd, Chandler Office Center is a three-building property. Th...
| Arizona Industrial Dev Site Goes for $6.5 Mil
A 54-acre industrial development site in Buckeye, AZ, at the southeast corner of Southern Ave and Rainbow Rd, within the Buckeye Rail Corridor, traded hands for $6.525 mil. The buyer was Buckeye 54 LLC, a Joint Venture formed...
| Scottsdale Office Property Sells in $16 Mil Deal
Scottsdale Professional Building, a 77k sf, Class A office property in Scottsdale, AZ, was purchased by a private investor for $15.9 mil ($206/sf).
Scottsdale Professional Building is a three-story, multi-tenant office prop...
| White Mountain Investments Management Acquires AZ Office Asset in $16.8 Mil Deal
Agave Executive Center, a 78.8k sf, multi-tenant office building in the heart of Tempe, AZ, sold for $16.8 mil, or $213/sf. The asset was 100% leased at the time of sale.
Comprising three office buildings located at 1721, 17...
| Kamiak Pays $8 Mil for Development Parcel in Seattle
A 22.9k sf land parcel located in north Seattle’s Fremont neighborhood sold to real estate firm Kamiak for $8 mil. The parcel is being considered for future mixed-use multifamily development.
The property is located at 4318...
| New 65-Unit Res Project in L.A.’s Silverlake Area is Fully Leased at Project Completion
The Ridge, a new 65-unit multifamily in Los Angeles’ Silverlake neighborhood, has been completed and is 100% leased up. The indoor/outdoor-inspired multifamily property, located at 3160 Riverside Dr, adjacent to Griffith Park...
| Trion Properties Acquires 197-Unit Multifamily Property in the Sacramento Area
Trion Properties purchased ReNew Carmichael, a 197-unit apartment community located in the Sacramento-area city of Carmichael, for $46 mil in an off-market transaction. The property was sold by FPA Multifamily in a deal that ...
| DB Capital Management Picks Up 112-Unit Multifamily Property in Austin
DB Capital Management has purchased its third property in Texas in the last two months with its acquisition of Lantana Trace, a 112-unit multifamily community in Austin. The price was not disclosed.
Since entering Texas in 2...
| Principal Real Estate Investors Buys 195k sf OR Industrial Facility
Principal Real Estate Investors has acquired a just-completed, 195.5k sf industrial building in Hillsboro, OR. The facility was developed by Trammell Crow Company (TCC) and is fully leased to Hitachi High-Tech America Inc. Th...
| SWC Development Partners Breaks Ground on 59k sf Distribution Facility in Surprise, AZ
SWC Development Partners has broken ground on a 59.4k sf warehouse/distribution facility located at 11860 N Dysart Rd within Skyway Business Park in Surprise, AZ. It is being built on 27.9 acres of land just acquired in Octob...
| North Las Vegas Industrial Project Sees More than 1 msf in New Leases
There has been more than 1.045 msf worth of new leases and expansion deals signed at the Golden Triangle Logistics Center in North Las Vegas. The project is a development of Trammell Crow Company (TCC) and Washington Capital ...
| Carlsbad Office/Flex Building Acquired by Miramar Capital in $20 Mil Deal
Aston Views, a freestanding, 83k sf office/flex building in Carlsbad, sold for $20 mil ($241/sf). The two-story building was approximately 90% leased at sale.
Built in 2001, Aston Views is located at 1808 Aston Ave and consi...