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April 16, 2024
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Archive
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• First Retail Tenants at New Hollywood Park Mixed-Use Campus Project Have Opened their Doors
11/14/23
Development of Hollywood Park, a nearly 300-acre, world-class sports and entertainment destination in the city of Inglewood being built by Los Angeles Rams Owner/Chairman E. Stanley Kroenke, is well underway. According to sou...
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• Whole Foods Signs Deal for New 137k sf Distribution Facility in Colorado
11/13/23
Whole Foods Market has inked a build-to-suit deal for a 137k sf distribution facility at HighPoint Elevated, a Class A industrial park currently under construction near Denver International Airport in Aurora, CO. The industr...
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• Hines and MBK Rental Living Get Started on Luxury Res Community in Colorado Springs, CO
11/10/23
Hines and MBK Rental Living plan to develop a Class A, for-rent residential community in the Briargate neighborhood of Colorado Springs, CO. The project, Retreat at Mountainside, will be comprised of 284 residences across mul...
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• Demolition of The Yardstick Site Presents Prime Redevelopment Opportunity in Downtown Salt Lake City
11/09/23
Demolition has begun at The Yardstick property in downtown Salt Lake City, UT. The site, covering 0.6 acres at 50-52 East 300 South, in the heart of the city’s central business district, is being offered as a new 60-year grou...
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• West Covina Apartment Property Trades for $40 Mil
11/09/23
Sunset Square, a 140-unit multifamily property in West Covina, was acquired by B.A.G. Investments Inc in a $40 mil ($286k/unit) transaction. Built in 1964 and renovated in 2015, the four-building property is located at 745 N....
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• Cerritos Office Building is Traded
11/08/23
Plaza Tower, a 191.9k sf, multi-tenant Class A office property in Cerritos, traded hands in a recent transaction. The nine-story property, located at 18000 Studebaker Rd, was purchased by Logos Missions Inc. Developed in 198...
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• Panattoni Development Company and Crow Holdings Capital Land $252 Mil in Construction Money for Washington Industrial Project
11/07/23
A joint venture between Panattoni Development Company Inc and a real estate fund advised by Crow Holdings Capital has obtained $252.3 mil in construction money for the development of three industrial buildings totaling approx...
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• MG Properties Wraps up $95 Mil Denver Multifamily Buy
11/06/23
MG Properties recently acquired 4400 Syracuse Apartments, a newly built, 316-unit luxury midrise community located in one of Denver’s most desirable, dynamic, and growing submarkets, in a $95 mil ($300k/unit) transaction. Th...
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• Torani Inks Lease for New 202k sf Warehouse Development in San Leandro
11/03/23
Torani has signed a pre-lease agreement for a new 202k sf warehouse development in San Leandro. The company, a leader in the flavor industry since 1925, will relocate their warehouse and distribution operations from their cur...
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• 2.2 msf Texas Mixed-Use Campus Trades Hands
11/02/23
CityLine, a 2.2 msf mixed-use property comprised of four purpose-built office buildings in Richardson, TX, traded hands. The property, occupied by State Farm, includes 120k sf of retail space and a 42k sf medical office build...
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• San Fernando Valley Res Community Sale Goes for $106 Mil
11/01/23
Summerset Village, a 280-unit multifamily property situated in the foothills of the Santa Susana Mountains, sold for $106.65 mil, or $381k/unit. The property is located at 11450 Poema Pl, just north of the 118 Fwy at Topanga ...
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• Parklane Development Group and Miramar Industrial Partners Complete Work on 1.2 msf AZ Logistics Project
10/31/23
Parklane Development Group and Miramar Industrial Partners have completed work on Southern Industrial Center, an award-winning, 1.2 msf, speculative Class A industrial project located at the southeast corner of Southern Ave a...
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• Dominium Finishes One Phoenix Housing Project While Breaking Ground on Two Others
10/30/23
Dominium has been busy with three housing projects in Phoenix. The firm held a grand opening of 308 units of affordable housing for working families in South Phoenix on October 24 and broke ground on 657 units of both family ...
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• Milhaus and Banyan Residential to Build 320-Unit Phoenix Multifamily Project
10/30/23
Milhaus and Banyan Residential are set to move forward with a new 320-unit residential development in Phoenix. The project, Alanna, will be built with design-assist construction services from McShane Construction Company. Lo...
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• ViaWest Group Breaks Ground on Final Phase of AZ Industrial Development
10/27/23
ViaWest Group has broken ground on the final phase of the firm’s Goodyear Crossing Industrial Park, a Class A industrial development located at the southwest corner of Sarival Ave and West Elwood St, just southwest of Phoenix...
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• Res Community in L.A.’s Playa Vista Area Lands New Loan of $115 Mil
10/27/23
Barings Real Estate has obtained $115 mil in financing for The Ventana Luxury Apartments, a 405-unit, low-rise multi-housing community located in the master-planned community of Playa Vista. The Ventana was originally constr...
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• Tidewater Capital Investment Fund Exceeds Initial Target of $200 Mil
10/26/23
San Francisco-based Tidewater Capital has exceeded its initial target of $200 mil in equity commitments for its third discretionary fund (“TC Fund III”) with a diverse pool of limited partners, including university endowments...
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• Pomona Res Community Sells in $35 Mil Transaction
10/26/23
Terramonte at Foothill, a 138-unit apartment property at the very eastern edge of L.A. County, in Pomona, traded for $35.5 mil, or $257.2k/unit. The property is located at 150 W. Foothill Blvd, just west of Garey Ave and sou...
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• Green Leaf Capital Partners Buys 141-Unit Res Community in North Portland
10/25/23
Green Leaf Capital Partners has acquired The Perch PDX, a 141-unit, newly constructed, luxury, transit-oriented multi-housing community located in the highly sought-after Overlook neighborhood of North Portland, OR. It was so...
more » 

• Trammell Crow Company Starts Work on First Phase of AZ Industrial Project
10/24/23
Trammell Crow Company (TCC) has broken ground on the first phase of the Cotton Lane Commerce Park in Goodyear, AZ. Phase one will include the delivery of two Class A industrial facilities for a total of 542.9k sf, in addition...
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