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June 17, 2024
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• Renovation Work Well Underway at Phoenix Office High-Rise
10/02/20
ScanlanKemperBard (SKB) and capital partner Black Salmon have started work on the final phase of renovations at 101 North, the second-tallest high-rise in downtown Phoenix. The upgrades, which encompass all of the building’s ...
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• Trammell Crow Company and Principal Real Estate Investors Complete AZ Industrial Development
10/02/20
Gilbert Gateway Commerce Center, a 416.6k sf, three-building Class A industrial development in Gilbert, AZ, has been completed. The project is a development of Trammell Crow Company and Principal Real Estate Investors. A nat...
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• Waterford Property Company Spends $18.6 Mil on Covina Retail Asset
10/01/20
Waterford Property Company has purchased Marketplace at the Lakes, a 95.6k sf, value-add retail project located on seven acres of land off the 10 Fwy in West Covina. The center was sold by CIM Group in an $18.6 mil ($195/sf) ...
more » 

• MIG Real Estate Acquiring NoCal and SoCal Opportunity Zone Development Sites
10/01/20
MIG Real Estate has opened escrow on two new Opportunity Zone ground-up multifamily development projects in California: a 140-unit rental residence in the central core of Hollywood and a 240-unit rental residence in Fremont. ...
more » 

• New $71.5 Mil Science & Innovation Building at CSU Dominguez Hills is Finished
9/29/20
California State University, Dominguez Hills’ new $71.5 mil Science & Innovation Building has been completed. The 87k sf facility features state-of-the-art laboratories, faculty offices and classrooms that will help prepare t...
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• Black Creek Group Buys 241k sf Industrial Facility in the Bay Area
9/28/20
In Livermore, Black Creek Group purchased a 241.6k sf, Class A industrial property from Crow Holdings Industrial. The price was not given out. The facility, located at 7600 Hawthorne Ave, was completed in 2019. The property ...
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• Sacramento Apartment Property Goes for $178k/Unit
9/28/20
The Davenport, a 126-unit multifamily property in Sacramento, traded hands in a recent $22.5 mil ($178.5k/unit) deal. The property is located at 941 43rd Ave, north of Riverside Ave and west of I-5. The seller, an affiliate ...
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• Strategic Office Partners Spends $15.5 Mil on OR Biz Park
9/25/20
Strategic Office Partners paid $15.5 mil for Beaverton Creek V, a two-building, flex office portfolio in Beaverton, OR, a suburb of Portland. The asset was sold by Gloria Y Gee Living Trust et al. The park has convenient acc...
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• Harsch Investment Properties Starts Work on New Industrial Development in North Las Vegas
9/24/20
Harsch Investment Properties has started development of Tropical Speedway Commerce Center, a 150k sf industrial development in North Las Vegas. This new project brings the company’s total holdings in Las Vegas to 30 propertie...
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• New Multifamily Development in L.A.’s Sawtelle Japantown Neighborhood is Fully Leased
9/21/20
The SW, an 88-unit multifamily development in L.A.’s Sawtelle Japantown neighborhood, is now fully leased. The project, a development of California Landmark Group (CLG), is located at the intersection of La Grange Ave and Saw...
more » 

• G. Ryan Smith and Michael Zietsman Form New Firm Providing Flexible Space Solutions for Office Landlords
9/17/20
Commercial real estate veterans G. Ryan Smith and Michael Zietsman have launched a new commercial real estate company. Ivy focuses on providing flexible space solutions and hospitality focused tenant engagement services for ...
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• Greater Texas Federal Credit Union Buys Austin HQ Office Building
9/17/20
Greater Texas Federal Credit Union has acquired Riata Crossing 6, a two-story 50.5k sf office building in Austin that was built by Generational Commercial Properties to serve as GTFCU’s new headquarters. The property is locat...
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• Newest Res Project at Sudberry’s Civita Campus in Mission Valley is Completed
9/16/20
Purl, the newest project at Sudberry Properties’ 230-acre Civita urban village in Mission Valley, has been completed and is now leasing units to tenants. The development, located at 7901 Civita Blvd, is comprised of 434 luxur...
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• Lincoln Property Company Acquires 134k sf Biz Park In Salt Lake City
9/15/20
The Desert West Region of Lincoln Property Company (LPC) has added a second asset to its Salt Lake City portfolio with the purchase of Pacific Landing, a two-building, 133.9k sf Class A multi-tenant industrial property in the...
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• Volkswagen’s Oxnard Engineering Campus is Completed
9/10/20
Development of Oxnard Engineering Campus (OEC), a 150k sf campus on nine acres of land in Oxnard that is fully occupied by Volkswagen Group of America Inc (VWGoA), has been completed. The project was developed by BLT Enterpri...
more » 

• Meridian Nabs 110k sf Office Asset in Irvine
9/09/20
Meridian has purchased a 110.4k sf, four-story Class A office building in Irvine. The asset was acquired in a joint venture with Harrison Street. The price was not disclosed. The joint venture plans to invest additional cap...
more » 

• Ingka Centres Buys 264k sf Retail Center in San Francisco
9/09/20
Ingka Centres San Francisco LLC has acquired the 6 x 6 Building at 945 Market Street, a 264.4k sf retail center in San Francisco. The price was not given out. The property is a six-level center with a dramatic atrium linking...
more » 

• Freddie Mac Auctioning $534 Mil of Seasoned Non-Performing Residential First Lien Loans
9/09/20
Freddie Mac is auctioning $534 mil of seasoned non-performing residential first lien loans held in Freddie Mac’s mortgage-related investments portfolio. The NPLs are currently serviced by Specialized Loan Servicing LLC. The ...
more » 

• NoCal Multifamily Community Trades for $78.5k/Unit
9/04/20
Spring Mountain, a 184-unit residential community in Corning, CA, traded hands in a recent $14.45 mil ($78.5k/unit) transaction. Built in 1986, the property is located at 240 Edith Ave, off I-5 roughly 115 miles north of Sacr...
more » 

• Sealy & Company Buys 132k sf of TX Industrial Assets
9/02/20
Sealy & Company purchased two light industrial warehouse and distribution buildings totaling 131.6k sf within the Butterfield Industrial Park in El Paso, TX. Sealy purchased the assets from Hagar Pacific Properties for an und...
more » 



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