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• Bendetti Purchases Two TX Industrial Assets Totaling 114k sf
11/21/24
Bendetti has acquired a two-property industrial portfolio totaling 114.4k sf in Arlington, TX. The portfolio is strategically positioned in within the Dallas-Fort Worth industrial submarket, an infill location with significa...
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• Owner/User Buys 12k sf Commercial Property in Central Phoenix
11/20/24
A three-building, 12.4k sf commercial property in central Phoenix traded for $1.99 mil ($160/sf) in an all-cash deal. The high-visibility property is located at 1815 – 1827 E. Indian School Rd along a bustling main street th...
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• Hampton Inn & Suites by Hilton Seattle Downtown Lands $27 Mil Refi Loan
11/20/24
In a Seattle hotel financing deal, the 199-key Hampton Inn & Suites by Hilton Seattle Downtown was refinanced with a new loan for $27 mil. Hampton Inn & Suites by Hilton Seattle Downtown is a six-story, focused-service hotel ...
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• L.A. Investor Buys 250k sf San Gabriel Valley Shopping Center
11/19/24
Huntington Oaks Center, a 250.8k sf community shopping center in Monrovia, was acquired by an L.A.-based investor. The center is located at the intersection of Route 66 (Huntington Dr) and the Huntington Drive off-ramp of the...
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• Sudberry Properties Finishes Work on 360-Space Parking Structure at New Mission Valley Res Project
11/18/24
Sudberry Properties has completed construction of the 360-space, six-level parking structure at The Brynn, the firm’s fourth apartment community at Civita in Mission Valley. Sudberry is the master developer of the 230-acre Ci...
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• New K-8 School Completed for the Chino Valley Unified School District
11/17/24
Legacy Academy K-8 School at The Preserve at Chino, a 38-acre master-planned community, has been completed and is now open to the public. The all-new $51 mil public school will serve more than 1,250 students in the Chino Vall...
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• Inland Empire Power Center Lands $140 Mil Refi
11/15/24
Castle & Cooke has obtained $140 mil in new financing on Crossings at Corona, a Class A, 834k sf retail power center in Corona. The new loan was arranged by JLL and funded through Deutsche Bank AG.
Crossings at Corona was co...
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• Provident Realty Advisors Buys 800k sf Texas Office Complex
11/14/24
In a Texas office buy, Provident Realty Advisors purchased Lakeside Campus, a recently renovated, Class A property spanning 807.4k sf of space in the city of Richardson. The property, located at 2201 and 2221 Lakeside Blvd, w...
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• Woodside Health Development Closes $21 Mil Medical Office Buy in Phoenix
11/14/24
Woodside Health Development, LLC purchased Paradise Valley Plaza, a three-building, 100.2k sf multi-tenant office and medical complex in Phoenix, for $20.9 mil ($208/sf). Headquartered in Cleveland, OH, Woodside Health is a p...
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• Capstone Advisors Pays $578/sf for Coastal SoCal Retail Center
11/13/24
In a notable SoCal retail trade, Capstone Advisors bought Beachwalk Shopping Center, a 55.6k sf, coastal retail property in Solana Beach, for $32.125 mil ($578/sf). Beachwalk features a diverse tenant mix including food and b...
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• The Oddie District in Nevada to be Repurposed
11/13/24
The Oddie District, a mixed-use retail center/artist colony/business incubator property in Northern Nevada, will be re-purposed under the direction of architecture/design firm Nadel Architecture + Planning.
Currently a commu...
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• Outparcel Buildings at Riverside Retail Center Trade in $20 Mil Deal
11/12/24
A private investor from Los Angeles purchased five retail outparcels totaling 25.9k sf at Citrus Landing, a newly remodeled, 100%-occupied, 124.9k sf grocery-anchored neighborhood shopping center in Riverside. The transaction...
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• Inland Empire Auto Services Property Sells for $9.5 Mil
11/11/24
G & M Oil Company purchased a Chevron Station, ExtraMile Convenience Store and Express Car Wash in the Inland Empire city of Highland in a recent $9.5 mil all-cash deal. The purchase included both the business and the real es...
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• Wood Investments Companies Secures New Loan for $20 Mil on Montana Retail Center
11/11/24
Wood Investments Companies Inc has obtained a $20.3 mil permanent loan for Helena Skyway Regional Shopping Center, a 164.1k sf retail property in Helena, MT. The financing was provided by Wells Fargo.
Helena Skyway Regional ...
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• Step Up Housing Buys 240-Unit Affordable Housing Property in Richmond
11/08/24
Step Up Housing has acquired Vue at 3600, a 240-unit affordable housing property in the Bay Area city of Richmond. As part of the closing, a regulatory agreement was recorded against title requiring 180 units (75%) to be affo...
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• MCA Realty Pays $133/sf for Las Vegas Industrial Property
11/07/24
In a Las Vegas industrial purchase, MCA Realty paid $4.25 mil in an off-market transaction for a 32k sf ($133/sf) uilding at 2124 Industrial Rd. The single-tenant property was acquired within the firm’s MCA Realty Industrial ...
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• Knightvest Residential Buys 308-Unit TX Res Community
11/07/24
Arya Grove, a 308-unit, value-add multifamily asset located in Universal City, TX, was acquired by Knightvest Residential. The property was sold by Austin-based Internacional Realty.
Built in 2006, Arya Grove is a garden-sty...
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• Three-Building Office Campus in Carrollton, Texas Trades
11/06/24
In a quick brief on a Texas office sale, International Business Park 8, 9 and 10, a three-building, 304k sf office campus located along the Dallas North Tollway in Carrollton, TX, traded hands. The campus is 79% leased to a d...
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• Santa Monica Jiffy Lube Property Sells for $899/sf
11/05/24
A 4.6k sf retail property in Santa Monica sold for $4.05 mil, or $899/sf. The property, situated on a 13.5k sf lot at 2344 Pico Blvd, is occupied by Jiffy Lube on a NNN lease.
The lease began on February 1, 2012, and extends...
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• $350 Mil Student Housing Project Finished at UC San Diego’s La Jolla Campus
11/04/24
Pepper Canyon West Living and Learning Neighborhood, a new residential community located on the eastern edge of the University of California San Diego’s historic La Jolla campus, has been completed.
Anchored by two towers,...
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