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• DermTech Leases 96k sf of Class A Space in Del Mar Heights
8/06/21
DermTech Inc leased 96k sf of Class A space at the Del Mar Corporate Centre for its new corporate headquarters in Del Mar Heights. DermTech is a leader in precision dermatology enabled by a non-invasive skin genomics platform...
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• Draftsmen & Craftsmen
8/06/21
Construction has been completed on Mt. San Jacinto College’s (MSJC) Temecula Valley Campus, marking the first permanent campus for higher education in the city. The 350k sf facility will enable MSJC to expand access to the re...
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• AZ Industrial Complex Gets New Owner in $18 Mil Deal
8/05/21
Pulliam Innovation Park, a four-building flex park totaling 91.4k sf of industrial, life sciences, R&D and office space in Flagstaff, AZ, traded for $18.26 mil ($200/sf). The purchased was financed with an acquisition loan of...
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• Rancho Cordova Industrial Asset Fetches $146/sf
8/04/21
A 108.4k sf industrial property in Rancho Cordova sold for $15.8 mil, or $146/sf. The property was sold by Corsair Management Limited Partnership.
Located at 11380 White Rock Rd, the property was originally constructed in 19...
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• GO Industrial Buys 77 Acres for Phoenix West Valley Industrial Development
8/04/21
Phoenix-based GO Industrial has embarked on its first metro Phoenix development, purchasing 77 acres in the West Valley submarket for the development of GO | 99. The new project will total three buildings and over 1.2 msf of ...
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• Related California and the Housing Authority of the City of Los Angeles Begin Redevelopment of Housing Project in Northeast Los Angeles
7/30/21
Related California, working with the Housing Authority of the City of Los Angeles, has begun work on the first phase of the redevelopment and expansion of the Rose Hill Courts public housing complex in northeast Los Angeles. ...
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• Local AC Plumbing Firm Spends $7.3 Mil on Phoenix Building
7/30/21
In a recent AZ office trade, Goettl Air Conditioning & Plumbing paid $7.3 mil for a 55k sf ($133/sf) building in Phoenix. Located on 6.61 acres of land at 4611 East Baseline Rd, the single-story back-office property was built...
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• Real Estate Developer Bernie Huberman Passes Away
7/27/21
The world lost a real estate legend on July 10 as veteran real estate developer Bernard “Bernie” Huberman passed away at the age of 65.
A son of Russian immigrants who grew up in Boyle Heights working at his father’s scrap ...
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• The Bascom Group Purchases a 93-Unit Single Family Rental Community in Las Vegas
7/27/21
The Bascom Group LLC has acquired a 93-unit single-family rental community within a broader housing district in Las Vegas. The property, Suncrest Townhomes, consists of zero lot-line paired single family homes in North Las V...
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• Investors Management Group Picks Up 200-Unit Texas Apartment Complex
7/26/21
Heights at Converse, a 200-unit apartment community in Converse, TX, was purchased by Investors Management Group ("IMG"), a CA-based real estate investment and asset management firm. The price was not disclosed.
Heights at C...
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• Magma Equities and Viking Partners Spend $42 Mil on NC Res Community
7/23/21
Los Angeles-based Magma Equities, in partnership with Viking Partners, has acquired University Apartments, a 359-unit apartment community located in the Duke submarket of Durham, NC, in an off-market transaction for $42.4 mil...
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• Sashco Inks Prelease for 121k sf Spec Facility in the Denver Area
7/23/21
Colorado-based Sashco has preleased a 121k sf, spec industrial building currently under construction in metro Denver.
Sashco will relocate and expand into the new building, which is located at 14802 Grant St, within 25 Nort...
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• Pendulum Property Partners Forms Alliance with Banner Oak Capital Partners
7/23/21
Pendulum Property Partners (Pendulum) is celebrating its fifth year anniversary this July by establishing operations in Los Angeles and San Francisco and adding to its existing presence in Orange County and San Diego.
The fi...
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• Seidner Trust Pays Just Over $200/sf for Phoenix Medical Building
7/22/21
Seidner Trust acquired a two-story, 17.9k sf office and medical building in Phoenix for $3.8 mil ($212/sf). The garden-style property, known as 4600 Medical Plaza, is located at 4600 E Shea Blvd in the prestigious Paradise Va...
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• AZ Investor Buys Three Phoenix Sites that Offer Significant Development Potential
7/21/21
An Arizona real estate entity acquired three properties in the Midtown area of Phoenix. The sites are located at the intersection of 4th Ave and Osborn Rd and consist of two vacant lots totaling .38 acres along with an existi...
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• Archway Capital Expands Its Lending Platform and Its Exec Team
7/20/21
Archway Capital has expanded its lending platform to include first mortgage debt, mezzanine capital, as well as preferred and CO-GP equity between $3 mil and $15 mil secured by performing and non-performing residential and co...
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• Ti Cold Development Buys AZ Land for Spec Cold Storage Project
7/19/21
Ti Cold Development purchased a 27.2-acre site at the northwest corner of Joe R. Ramrez Rd and Dysart Rd in El Mirage, AZ. The land is part of the first phase of the future development of Copperwing Logistics Center, a specul...
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• Agora Realty Spends $16 Mil on 71k sf Vegas Retail Property
7/16/21
Agora Realty acquired Bonanza Eastern Plaza, a 71k sf retail center in Las Vegas, in a recent $16.1 mil ($227/sf) transaction. The asset, located at 550-580 N. Eastern Ave, represents the fourth grocery-anchored shopping cent...
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• DB Capital Management Closes on 88-Unit Multifamily Acquisition in Utah
7/15/21
DB Capital Management has purchased Spring Hollow, an 88-unit apartment complex in Millcreek, UT, an affluent suburb of Salt Lake City. The property is located at 340 E. Gordon Lane, just east of State St.
Millcreek is locat...
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• Redevelopment Site in West Los Angeles Trades under the Guidelines of the Recently Approved Exposition Corridor Transit Neighborhood Plan
7/14/21
A 20.3k sf redevelopment site on the northeast corner of Pico and Sepulveda in West Los Angeles was purchased by a partnership between HATCHspaces LLC, a life sciences developer focused on creating workspaces for STEAM-based ...
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