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• US Foods Leases 2.66-Acre Area at San Antonio Industrial Storage Property
8/06/24
US Foods has leased a 2.66-acre area at Riggy’s Foster Ridge, a newly developed 10-acre industrial outdoor storage (IOS) facility in San Antonio, TX. US Foods will use the facility, located at 6600 Lancer Blvd, for truck park...
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• Inland Empire EoS Fitness Property Goes for $350/sf
8/02/24
A SoCal investor in a 1031 exchange paid $13.3 mil for a newly developed EoS Fitness property in French Valley, a city within the greater Temecula market in south Riverside County. The 38k sf ($350/sf) building is situated on...
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• Tower 16 Capital Partners and Raith Capital Partners Buy 216-Unit Multifamily Property in Arizona
8/01/24
San Diego-based Tower 16 Capital Partners and Raith Capital Partners have acquired Ascend on Glendale, a 216-unit multifamily property located near the rapidly-growing Westgate Entertainment District of Glendale, AZ. The pric...
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• Comunidad Partners Buys 358-Unit Texas Res Community
8/01/24
Comunidad Partners has acquired Toscana Apartment Homes, a 358-unit multifamily community in northwest Austin, TX. The price was not disclosed.
Built in 2001, Toscana is located at 13355 US Highway 183. The community offers ...
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• Nadia Geller Designs Wraps Up Interior/Exterior Design Installation at 123-Unit Res Development in L.A.
7/31/24
The interior and exterior design installation at The Parker, a seven-story multifamily development by Cityview in L.A.’s Pico-Robertson neighborhood, has been completed. The work was done by Nadia Geller Designs (NGD).
Loc...
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• Bolour Associates Acquires Retail Site on Fairfax Ave in L.A.’s Mid-Wilshire Area
7/30/24
Bolour Associates Inc has acquired a site with three retail buildings totaling 11.5k sf of space in L.A.’s Mid-city submarket for $6.04 mil. Bolour plans to repurpose the buildings for commercial uses, while long-term, BOLOUR...
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• Kimley-Horn Inks Lease for 35k sf of Office Space at New AZ Development
7/29/24
Kimley-Horn, a leading planning and design consultants, inked a long-term lease for 34.8k sf of space at Union Building One in Mesa, AZ. Building One is the first building completed within the 1.35 msf, Class A Union office p...
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• Phoenix Multifamily Property Trades for Just Under $200k/Unit
7/26/24
KDF Communities paid $12.6 mil for Corona Del Sol, a 64-unit ($197k/unit), garden-style apartment complex in Phoenix. The asset was sold by a private high-net worth seller.
Located at 27 E Corona Ave, Corona Del Sol benefits...
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• Iconic Building in Downtown Seattle Goes for $549/sf
7/23/24
Promethia Holdings LLC purchased the historic Coliseum Building, a 16.2k sf building in downtown Seattle, for $8.9 mil ($549/sf). The property is located at 1506 5th Ave, adjacent to Nordstrom’s flagship store and just one bl...
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• Work Gets Underway on Initial Phase at Gilbert, AZ Mixed-Use Project
7/23/24
Work has started on phase one of Northside at SanTan Village, a brand new mixed-use development that will bring high-end retail, restaurant and hotel amenities to the SanTan Village submarket in Gilbert, AZ. The project is a ...
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• Downtown Santa Ana Res Project Officially Opens to the Public
7/23/24
Rafferty, a new, eight-story luxury mixed-use apartment community in downtown Santa Ana, is finished and recently celebrated its grand opening. The 218-unit project, a development of Toll Brothers Apartment Living and joint v...
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• Rosauers Supermarkets Inks Lease at New 196-Acre Mixed-Use Development Near Bozeman, MT
7/23/24
Rosauers Supermarkets has signed a long-term lease at the new Jackrabbit Crossing live/work/shop development in Belgrade, MT. The 196-acre, master-planned, mixed-use project is located within Montana’s Gallatin Valley, near B...
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• Macquarie Asset Management to Create a New Independent Real Estate Investment Manager
7/22/24
Macquarie Asset Management plans to spin off the majority of its existing activities in Core / Core Plus real estate1 to enable the creation of Manova Partners, an independent real estate investment manager with $11.4 bil of ...
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• BlackRock Fund Buys 1.2 msf AZ Industrial Asset
7/19/24
A BlackRock-managed fund has acquired The Cubes at Glendale – Building B, a 1.2 msf, Class A industrial warehouse building located along the 303 Corridor in Glendale, AZ. The state-of-the-art, single-tenant facility was 100% ...
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• Phoenix Build-to Rent Project Lands $51 Mil in Construction Money
7/18/24
A 190-unit Build-to-Rent (BTR) development in Phoenix’s West Valley is closer to getting done thanks to new construction financing of $51.5 mil obtained by the project’s developer, Zen and 10Y. The non-recourse money was arra...
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• New 114k sf Academic Facility Completed at University of California, San Diego
7/18/24
Work has been completed on a new nine-story, 114k sf state-of-the-art academic facility prominently located at the corner of La Jolla Village Drive and Villa La Jolla Drive in San Diego. The new building sits directly across ...
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• Macquarie Asset Management Acquires 500k sf Logistics Complex in the Houston Area
7/17/24
Macquarie Asset Management completed the acquisition of 59 Logistics Center, a newly completed 509.6k sf distribution building near George Bush Intercontinental Airport (IAH) in the Houston suburb of Humble, TX. The Class A l...
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• Single-Tenant First Watch Restaurant Property in Tucson Sells for Nearly $1,000/sf
7/16/24
A Los Angeles-based private investor purchased a newly renovated, single-tenant property occupied by First Watch restaurant in Tucson, near the University of Arizona. The 4.2k sf structure, which features a drive-thru/pick-up...
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• Industrial Facility in Henderson Goes for $235/sf
7/12/24
A 52.5k sf, single-tenant distribution facility in the Henderson submarket of Las Vegas traded hands in a recent $12.35 mil ($235/sf) transaction. The buyer of the property, located at 1110 Mary Crest Rd, was TA Realty.
Buil...
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• Garrett Colburn Named President at SRS Real Estate Partners.
7/12/24
Garrett Colburn has been named President at SRS Real Estate Partners. In his new role, Colburn will be responsible for the company’s continued national growth, including office productivity and culture.
Colburn will partner...
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