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Davis Retail Portfolio Trades for the First Time in 40 Years 4/26/16 Browman Development acquired a five-building retail portfolio totaling 71.4k sf and spread across nearly four blocks in downtown Davis. The fully leased portfolio was sold by Brinley Downtown Properties, who had owed the asse...
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NoCal Industrial Portfolio Sells for $63 Mil 4/14/16 A partnership of Birtcher Anderson Realty and Merced Capital acquired a three-project, 533.7k sf industrial portfolio in Northern California for $63.4 mil, or $119/sf. The assets, located in Concord, Fairfield and Folsom, wer...
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Bascom San Francisco Completes 368-Unit Sacramento Buy 3/16/16 Bascom San Francisco has teamed up with funds managed by Oaktree Capital Management L.P. in the purchase of Stone Creek Apartments, a 368-unit multifamily property in Sacramento. This was the third transaction in three months...
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HighBridge Properties to Develop Student Housing Project on Five acres Near UC Davis 2/12/16 HighBridge Properties has acquired a five-acre infill site in the NoCal town of Davis, which it intends to develop as rental housing for students at the nearby University of California, Davis. The underutilized site, which co...
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Newmark Realty Capital Arranges $65 Mil on Sacramento Office Asset 2/04/16 Newmark Realty Capital Inc has arranged $65 mil in permanent financing for a 284k sf, single-tenant office complex located in Sacramento. The recently renovated property is leased to the State of California and serves as the ...
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Mission Capital Advisors Arranges $13 Mil on 127-Acre Industrial Asset in Sacramento 12/15/15 Mission Capital Advisors has arranged a $13 mil floating-rate loan from a private specialty finance lender, secured by Capital Commerce Center, a multi-faceted, 127-acre, primarily industrial property in Sacramento. The prope...
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Capital One Provides Fannie Mae Loan on NoCal Manufactured Home Community 12/11/15 Capital One provided a $7.7 mil Fannie Mae fixed-rate loan to refinance Casa de Flores, a 309-space manufactured home community (MHC) in Chico, in CA’s northern Sacramento Valley.
Casa de Flores is a well-maintained communi...
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DST Customer Communications Collects $129 Mil from Sale/Leaseback of Its 1.4 msf Portfolio 12/09/15 DST Customer Communications recently completed a complex sale-leaseback transaction valued at $129 mil. The 1.4 msf portfolio contains modern light-manufacturing warehouse space, distribution and office space. It consists of ...
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Meridian Closes Out Active 2015 with $5 Mil Sale of Fairfield Dialysis Clinic 12/08/15 An 8.7k sf, dialysis clinic in Fairfield, CA was purchased for $5.15 mil ($592/sf) in a recent acquisition by a private investor in a 1031 exchange. The transaction came in at a cap rate of 5.5%. The property was sold by Meri...
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Sacramento Multifamily Listing Consists of 1,108 Units in Four Properties 11/12/15 Here’s news of a major multifamily investment opportunity in Northern California. Oakmont Properties is offering a four-property, 1,108-unit portfolio in the Sacramento area. The listing is said to be the largest multifamily ...
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Kidder Mathews Opens New Roseville, CA Office 10/27/15 Commercial real estate firm Kidder Mathews recently opened its 12th location on the West Coast in Roseville, CA, to serve the greater Sacramento area. The firm has hired 10 brokers plus marketing support staff who are all exp...
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Sacramento Warehouse Property Acquired with $2.85 Mil Purchase Loan 10/19/15 Bixby Northwest LLC has received $2.85 mil in acquisition financing for the purchase of Pell Drive, a 108k sf, Class A industrial warehouse located at 4291 Pell Drive in Sacramento. The property is situated north of northgat...
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Landmark Hotel in Sacramento Acquired by SoCal Equity Firm 10/16/15 Meridian Capital Group arranged $44.5 mil in acquisition financing for the purchase of The Citizen Hotel, a 196-room hotel property in Sacramento. The borrower was a SoCal-based private equity firm.
The Citizen Hotel, a land...
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Roseville Office Campus Recapitalized with New $41 Mil Loan 9/29/15 Broe Real Estate Group has obtained a new $41.2 mil senior loan in an off-market recapitalization of Parkway Corporate Plaza in Roseville, about 20 miles northeast of Sacramento. The financing was provided by PCCP LLC.
The ...
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Auction.com Facilitates $285 Mil in Sales for July 2015 9/17/15 Auction.com had closings on 70 commercial assets with a combined sales price of $285 mil during the month of July. The transactions included the sale of the high-profile Fisher & Kahn Buildings, a 776.5k sf historic office hi...
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Newmark Realty Capital Arranges Refi Loan on Sacramento Retail Center 8/31/15 Newmark Realty Capital Inc has arranged $3.3 mil in refi money for Arden Plaza, a 13.2k sf, multi-tenant retail property in Sacramento. Mitch Zeemont, Principal in Newmark’s San Francisco office, assisted by Production Associ...
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NewMark Merrill Companies Acquires Retail Investment in Sacramento 8/25/15 NewMark Merrill Companies has acquired the Food Source and Shops section of the Valley Mack Plaza in Sacramento. Situated on 4.64 acres of land at 6366 Mack Rd, just west of Hwy 99 in South Sacramento, the property contains 6...
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City of Sacramento to Sell 63 Parcels 8/03/15 The City of Sacramento has selected DTZ to list for sale up to 63 individual parcels comprised of 20 separate projects in five different neighborhoods: Downtown, Oak Park, North Sacramento, Del Paso Heights and Army Depot. Th...
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BH Properties Pays $39 Mil for 1.8 msf Industrial Portfolio in Sacramento, CA and Fort Worth, TX 6/30/15 LA-based BH Properties just acquired an industrial portfolio from RS Legacy Corporation, a Delaware corporation formerly known as RadioShack Corporation, for $39.2 mil. The 1.8 msf portfolio sale is the latest in the retailer...
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Intercare Holdings Renews 31k sf of Space at Sacramento Area Office Park 6/12/15 Intercare Holdings Inc agreed to renewal leases for 31k sf of space they occupy at Rocklin Corporate Center, a two-building, 220k sf Class A office property located on West Oakes Blvd in Rocklin. The property, located about 2...
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