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• Hill Properties Buys 92k sf Industrial Property in San Diego’s Sorrento Valley Area
12/02/20
Hill Properties purchased Environmental Plaza, a seven-building, 91.7k sf industrial campus in San Diego’s Sorrento Valley area. The asset was sold by a private family investment entity in a $15.3 mil ($167/sf) transaction.
...
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• Phoenix Office Property Nabbed by LA Investor
12/02/20
A Los Angeles-based private investor paid $5.35 mil for a 30.2k sf ($177/sf) office property in Phoenix.
Located at 2051 W. Northern Ave, the building was 100% leased at the time of sale. The high-image property sits on a co...
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• Huntington Beach Retail Center Sells for Over $800/sf
12/01/20
Village Plaza at Huntington Harbour, a 20.3k sf, multi-tenant retail center with over 270 feet of prime Pacific Coast Hwy frontage in Huntington Beach, was acquired by an L.A.-based private partnership. According to an indust...
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• Four-Building Phoenix Corp HQ Complex Trades
12/01/20
TriWest Corporate Headquarters Campus, a four-building, 121.5k sf office property in Phoenix, was purchased by an East Coast-based private buyer. The price was not disclosed.
Located at 15810, 15820, 15830 and 16010 North 28...
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• Cohen Asset Management Collects $45 Mil from Sale of AZ Industrial Assets
11/30/20
A two-building, Class A industrial portfolio totaling 292.2k sf in the Phoenix Metro area was sold to two buyers in separate transactions totaling $45.35 mil. The properties were sold by Cohen Asset Management.
The key asset...
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• Draftsmen & Craftsmen
11/27/20
Work has been completed on the new Bachmann Collaboration Building at Flintridge Preparatory School in La Cañada Flintridge. Serving grades seven through 12, the new 18k sf, three-story building includes laboratories, art stu...
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• Fully Leased East Bay Industrial Building Trades for $242/sf
11/27/20
Elion Partners paid $23 mil for a 95k sf ($242/sf), fully leased industrial building in Union City, in the East Bay. Originally constructed in 1979, the property is situated on 4.56 acres at 33401 Central Ave.
The single-te...
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• Transwestern Real Estate Services Awarded Leasing and Management Services for 350k sf TX Medical Office Building
11/25/20
Capital Commercial Investments Inc has awarded the leasing and management assignement for a five-story, 351k sf building in Houston to Transwestern Real Estate Services. The property, located at 6500 W. Loop S., only four mil...
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• BH Properties Acquires 187k sf Dry and Cold Storage Facility in Laredo, TX
11/24/20
BH Properties has acquired a 187.4k sf dry and cold storage warehouse facility in Laredo, TX. The 132-door, cross-dock facility was purchased from Mastronardi Produce in a short-term sale leaseback transaction.
Built in 200...
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• Draftsmen & Craftsmen
11/20/20
Cadence McShane Construction Company has completed the construction of Parc 59, a new speculative industrial development in Humble, TX, delivered on behalf of Jackson-Shaw. Designed by Powers Brown Architecture, the developme...
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• Walgreens Portfolio Sells for $24 Mil
11/19/20
A portfolio of six Walgreens drugstores across the midwest sold in a recent $24 mil transaction. The NNN-leased assets are located in Texas, Oklahoma, Illinois, New Mexico and Arizona.
Gabriel Britti and Ronnie Issenberg wit...
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• Fresno Self-Storage Facility Goes for $7 Mil
11/19/20
BCORE Storage Weber LLC paid $7.1 mil for a 543-unit ($13.1k/unit) self-storage property in Fresno. Located at 5090 N. Weber Ave, the property benefits from a large population exceeding 115,000 individuals within three miles ...
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• Multifamily Property in the Southern San Fernando Valley Goes for $230k/Unit
11/18/20
Bechir Apartments, a 118-unit multifamily asset in the southwest San Fernando Valley community of Tarzana sold for $27.1 mil, or about $229.7k per unit. The property is close to U.S. Route 101, Ventura Boulevard, and the Metr...
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• Safco Capital Corporation Makes $11.5 Mil Office Buy in West L.A.
11/17/20
Safco Capital Corporation closed on the acquisition of a 21.7k sf, three-story office building in West Los Angeles for $11.55 mil ($532/sf). It was sold by MG Skinner.
The property, known as Camden Gardens, is located at 11...
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• Quidel Inks $16.9 Mil Lease of 16k sf Sorrento Mesa Facility
11/17/20
Rexford Industrial has completed a $3.5 mil renovation of a 106.4k sf industrial property in San Diego’s Sorrento Mesa area. Upon completion of renovations, Quidel, a San Diego-based leading diagnostic healthcare manufacturer...
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• New 88k sf Athletics Center Completed at Orange Coast College
11/13/20
The new Kinesiology and Aquatics Pavilion at Orange Coast College (OCC) in Costa Mesa has been completed. The 88k sf athletics center features expanded and modernized space for a variety of OCC programs, including physical ed...
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• Barker Pacific Group (BPG) and Artemis Real Estate Partners Close on Phoenix Self-Storage Buy
11/13/20
A joint venture between Barker Pacific Group (BPG) and Artemis Real Estate Partners (Artemis) has acquired its first self-storage property, Life Storage, in Phoenix, AZ. The asset, sold by Hawkins Company Commercial Developer...
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• JRK Property Holdings Picks Up 408 Res Units in Arizona
11/10/20
Los Angeles-based JRK Property Holdings Inc completed a multifamily acquisition in Arizona with the purchase of 909 West, a 408-unit apartment complex in Tempe. The asset, located at 909 W. Grove Pkwy, was sold by MG Properti...
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• California Investor Pays $13.45 Mil for Phoenix Industrial Property
11/10/20
Desert Gateway II, a two-building industrial project in Phoenix, was sold in a recent $13.45 mil transaction. The 76.9k sf asset was sold by a venture between 36th Street Partners and Cale Enterprises, who built the Class A p...
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• T.I. Work Underway on 153k sf AZ Expansion Building for MiTek
11/09/20
Merit Partners has selected Stevens-Leinweber Construction (SLC) as general contractor for a 153.7k sf tenant improvement project at 7506 W. Lincoln St in Tolleson, AZ on behalf of MiTek. The additional space for MiTek is exp...
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