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Bridge Partners Closes on $111 Mil Res Buy in the Sacramento Area 6/21/21 Bridge Partners has acquired Harvest at Fiddyment Ranch, a 300-unit multifamily community in the Sacramento-area city of Roseville, for $111 mil ($370k/unit). The property was sold by USA Properties Fund, out of Roseville.
L...
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Red Tail Land Development Buys Five Acres in Vacaville 5/25/21 Red Tail Land Development LLC purchased a five-acre residential development site in Vacaville, CA. Located at 148 Peabody Rd, the site currently consists of a multi-tenant industrial building that is situated within a Residen...
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New Garden-Style Residential Project Slated to Open in West Sacramento 5/10/21 The Strand, a three-story garden-style apartment community located in West Sacramento, is nearing completion. The 408-unit project is a development of MBK Rental Living.
Offering upscale living with easy access to the capita...
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Nome Capital Partners Acquires 315k sf Sacramento Office Asset for $57.5 Mil 4/28/21 In a notable Sacramento office buy, Nome Capital Partners paid $57.5 mil for a two-building, 315.4k sf ($182/sf) asset. The office park, located at 1625 and 1747 North Market, was sold by Pac West Office Equities, L.P.
Situa...
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Sacramento Industrial Asset Trades for $79/sf 4/16/21 A 133.4k sf industrial property in Sacramento sold for for $10.5 mil ($79/sf). Located at 4632 Raley Blvd, the property was fully leased to American Tire Distributors at the time of sale.
The single-tenant industrial buildi...
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Erickson Companies Spends $26 Mil on Industrial Portfolio in AZ and CA that It Occupies 4/15/21 Erickson Companies purchased a multi-state industrial portfolio consisting of a 40k sf headquarters facility on 13 acres in Chandler, AZ and a 20k sf facility on 15 acres located in the Sacramento-area city of Roseville. The ...
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Report Looks at How Covid Pandemic Accelerated High-Density to Low-Density Population Migration Trend in Sacramento 4/09/21 Here is an interesting look at how the ongoing demographic trend of people moving from high-density markets to lower-density markets was impacted by the Covid-19 pandemic, at least for one market – Sacramento. This report was...
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Final Building Sale in Break-Up Execution of Rancho Cordova Retail Center Generates $1.8 Mil 4/08/21 A Stockton-based private investor purchased a vacant, 26.5k sf retail building in Rancho Cordova for $1.8 mil ($68/sf). The building, constructed in 1975 and formerly occupied by Fit Republic, is situated on 2.41 acres at 281...
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NoCal Investors Trade Modesto Multifamily Community in $17.5 Mil Deal 3/26/21 Trails at 212 Apartments, a 97-unit community in Modesto, sold for $17.55 mil, or $181k per unit. Built on a 5.32-acre site in 1985, Trails at 2112 Apartments is located at 2112 Floyd Ave, with significant exposure on frontin...
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Work Gets Underway on 477k sf Sacramento Biz Park 3/25/21 Construction has started on LINK Logistics Center @ Depot Park, a new, 477k sf freestanding industrial/warehouse and distribution building in Sacramento. Situated on nearly 27 acres, the new Class A facility is strategically ...
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Horizon Realty Advisors Buys 144-Unit Sacramento Apartment Community 3/04/21 Seattle-based Horizon Realty Advisors purchased Apex on the River, a 144-unit multifamily community in Sacramento, for an undisclosed price. Located at 8719 Woodman Way in the La Riviera submarket, the apartment complex backs...
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New Sacramento-Area Starbucks Trades at 4.14% Cap Rate 3/01/21 A new construction, single-tenant Starbucks Drive-Thru at Zinfandel Village, a grocery-anchored shopping center located at the on/off-ramp to U.S. Route 50 (Lincoln Highway) in Rancho Cordova, traded hands for $2.55 mil. The ...
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Sacramento-Area, Institutional-Quality Res Community Expected to Fetch Near $105 Mil 2/18/21 A recently developed suburban apartment complex is being marketed for sale in Roseville, a high-growth submarket within Sacramento — one of the best performing metros nationwide for multifamily sector growth.
The institutio...
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Sacramento Retail Trade Works Out to $139/sf 2/11/21 Nazareth Enterprises Inc paid $5.375 mil for EcoThrift Mall, a 38.6k sf ($139/sf) retail building on 3.6 acres, together with an adjoining, developable parcel of 0.77 acres, located at 7224 55th St in Sacramento. Led by Mouni...
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Buzz Oates Companies Buys Industrial Facility in West Sacramento 1/05/21 Buzz Oates Companies purchased a 135.9k sf industrial facility in West Sacramento for $20.8 mil, or $153/sf. The property, located at 3925 Seaport Blvd, is fully leased to Raley’s, a privately held family of grocery stores in...
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Davlyn Investments Completes $95 Mil Sacramento Area Apartment Purchase 12/29/20 Davlyn Investments has purchased The Terraces at Highland Reserve, a 273-unit, Class A multifamily community in Roseville, CA, for $95 mil ($348k/unit). Constructed in 2002, the property will be re-branded as Ascent at the Ga...
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Trion Properties and Walker & Dunlop Buy 136-Unit Multifamily Community in the Sacramento Area 12/10/20 Trion Properties has acquired Bella Pointe Apartments, a 136-unit multifamily community in the Sacramento submarket of Rancho Cordova, for $18.25 mil or $134k per unit. Trion specializes in multifamily investments in western ...
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Oakmont Properties Buys Sacramento Multifamily Property in $92 Mil Deal 12/07/20 Oakmont Properties has acquired Alira Luxury Apartments, a 293-unit apartment community in the Natomas submarket of Sacramento, for $92.3 mil, or $315k/unit. The property was sold by AG Spanos Companies in an off-market trans...
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Two Sacramento Multifamily Properties Refinanced in Transactions Totaling $42.6 Mil 12/03/20 Two Sacramento area multifamily properties were refinanced in separate loan transactions totaling $42.6 mil. The deals were arranged by Greystone Real Estate Advisors’ Todd Vitzthum, Simon Hermann and Cody Field on behalf of ...
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New Report from Cushman & Wakefield and Greater Sacramento Economic Council Looks at Region's Growing Economy, Real Estate Demand and Effects of the Pandemic 12/01/20 This report provided by Cushman & Wakefield
A new report just published by Cushman & Wakefield, with support from the Greater Sacramento Economic Council (GSEC), examines and offers pre- and post-pandemic insights around the...
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