|
• Rams Owner Kroenke Spends $325 Mil on Woodland Hills Retail Center
12/29/22
Los Angeles Rams’ owner Stan Kroenke closed on a large property acquisition in the San Fernando Valley, paying $325 mil for The Village, a 600k sf outdoor retail center in Warner Center. The property was sold by Unibail-Rodam...
|
• Commercial Real Estate Financing Briefs
12/27/22
Sonnenblick-Eichner Company -- Sonnenblick-Eichner Company arranged $22 mil of non-recourse first mortgage financing for the leasehold interest in the Doubletree by Hilton Los Angeles-Commerce, a 201-room hotel located in the...
|
• Commercial Real Estate Financing Briefs
12/23/22
Cushman & Wakefield -- Lovett Industrial has secured $23.26 mil in construction financing for Broadway Logistics Center, a 201.3k sf, best-in-class industrial project in northwest Denver. The property is located in the city’s...
|
• Grocery-Anchored Retail Center in Lahaina, Hawaii Trades in $37 Mil Deal
12/23/22
Westlake Village-based U.S. Realty Partners Inc closed on a $37.25 mil retail buy in Hawaii, purchasing Lahaina Gateway, a 136k sf ($274/sf), grocery-anchored center in Lahaina.
Lahaina Gateway is one of the newest shopping ...
|
• Logistics Plus Leases New 1.16 msf Facility in Arizona
12/22/22
In a big AZ industrial lease, Logistics Plus Inc signed a deal for a 1.16 msf building at the Sarival Logistics Center industrial development in Glendale. The building was constructed on a speculative basis and represents the...
|
• Buchanan Street Partners Pays $28 Mil for South OC Office Property
12/21/22
Buchanan Street Partners paid $28.1 mil for Oakbrook Plaza, a four-story, 120.4k sf ($233/sf) office property in Laguna Hills. The building was sold by a New York City-based fund manager in an off-market transaction.
The pro...
|
• GLP Capital Partners Completes $90 Mil Inland Empire Purchase
12/21/22
GLP Capital Partners has closed out 2022 with the purchase of a 354.8k sf, single-tenant, NNN, Class-A Industrial facility in the Inland Empire for $90 mil ($254/sf). The asset is located at 251 E. Rider St, east of I-215 in ...
|
• Burrell Aviation to Market National Portfolio of On-Airfield Build-to-Suit Development Sites at Strategic Airports Across the U.S
12/20/22
Burrell Aviation LLC has awarded Cushman & Wakefield the marketing assignment for a significant portfolio of airport properties suitable for near-term development for a variety of aviation related business. The portfolio repr...
|
• San Jose R&D Asset Trades in $41.5 Mil Deal
12/20/22
WF Batton Management Company bought Valley Research Center, a 129k sf R&D campus in North San Jose in a $41.5 mil ($322/sf) transaction.
Valley Research Center is comprised of two 64.5k sf buildings, which were renovated in ...
|
• Thousand Oaks Retail Center Refinanced with New Loan for $84.7 Mil
12/19/22
Janss Marketplace, a 456.4k sf, grocery-anchored regional retail center in Thousand Oaks, has been refinanced with a new loan for $84.7 mil. The center, located at 165-401 N Moorpark Rd, near the 101 Fwy in the Conejo Valley,...
|
• Longfellow Real Estate Partners to Develop 316k sf Life Sciences Facility on Four-Acre Sorrento Mesa Site
12/16/22
Longfellow Real Estate Partners has secured $202 mil in financing for Bioterra, a new, 316k sf life sciences facility to be built as a redevelopment of a 4.14-acre site in San Diego’s Sorrento Mesa area.
The site originally...
|
• Boardwalk Investments Group Lands $245 Mil Refi on Mixed CA Portfolio
12/15/22
Boardwalk Investments Group has secured $245 mil in refi money on a CA portfolio that includes: an iconic Napa Valley hotel property; three Class A coastal Orange County retail centers; a Class A multi-housing community locat...
|
• Seattle Res Development Lands $110 Mil Refi
12/14/22
Low Tide Properties and Continental Properties LLC have secured $110 mil in refinancing on Met Tower, a 366-unit, luxury multifamily project in downtown Seattle. The development, located at 1942 Westlake Ave, offers residents...
|
• Alta Housing Opens New Affordable Housing Project in Palo Alto
12/13/22
Wilton Court Apartments, a new res development by Alta Housing in Silicon Valley, has been completed and is now open to the public. Located at 3705 El Camino Real in Palo Alto, Wilton Court Apartments is Alta Housing’s first...
|
• Work Started on Res Community in San Pedro Waterfront Arts District
12/12/22
Construction recently got underway on Vivo on Harbor, a new waterfront residential community in Los Angeles. Located in the San Pedro Waterfront Arts District neighborhood at the gateway to the Port of Los Angeles, the projec...
|
• Inland Empire Industrial Facility Acquired for $59 Mil by Ares Management Fund
12/12/22
A 205.6k sf industrial building in the Inland Empire city of Perris was purchased for $59.275 mil ($288/sf) by a fund managed by Ares Management. The facility is fully leased to GPA Logistics.
Built in 2022, the facility is...
|
• Private Investors Trade 237-Unit Visalia Multifamily Property in $50 Mil Deal
12/09/22
Oak View Apartments, a 237-unit garden-style multifamily community in Visalia, was purchased by a SoCal-based private investor in a recent $50 mil ($211k/unit) transaction. The asset was fully occupied at time of sale.
Built...
|
• Third Security LLC Developing 42-Acre Industrial Project in Washington
12/08/22
Third Security LLC is readying to start work on Moses Lake Commerce center, a brand new 42-acre industrial development adjacent to Grant County International Airport in Moses Lake, WA. Initial work on the project will be cons...
|
• Crescent Real Estate LLC Completes $180 Mil Disposition of 1 msf Colorado Springs Office Portfolio
12/08/22
Crescent Real Estate LLC has collected a total of $180 mil from the strategic disposition of a 1.02 msf, Class A office portfolio in Colorado Springs, CO to multiple buyers over the past four years. The portfolio comprises 13...
|
• DivcoWest Picks Up 130k sf Office Building in San Diego
12/07/22
DivcoWest has obtained $40 mil in financing for the acquisition of Northridge Summit, a 129.9k sf, Class A office building in San Diego.
Completed in 2000, Northridge Summit is fully leased to an AA+ credit technology tenant...
|
Return to the Home Page area
