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• Furniture Chain Spends $7.6 Mil on Retail/Warehouse Facility
6/30/25
A renovated, 54.6k sf retail and warehouse facility in San Juan, TX was purchased by Bob Mills Furniture in a $7.6 mil ($139/sf) deal. The transaction marks the furniture retailer’s first location in the Rio Grande Valley and...
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• TerraLane Communities Picks Up 22 Acres for AZ Res Rental Development
6/26/25
TerraLane Communities has acquired 22 acres in Queen Creek, AZ for the development of TerraLane at Hudson Station. The new rental community will include 218 homes featuring single-level and two-story townhomes, along with a c...
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• San Bernardino City Unified School District Starts Work on 17k sf James Ramos Center for Public Safety
6/25/25
San Bernardino City Unified School District (SBCUSD) has broken ground on the $20 mil James Ramos Center for Public Safety. The 17.1k sf facility will house the District’s Police Department, Office of Emergency Management and...
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• Kennedy Wilson Buys 356-Unit Multifamily Community in Arizona
6/25/25
Kennedy Wilson has acquired Finisterra, a 356-unit, two-story multifamily community located in Tempe, AZ. The price was not immediately disclosed.
Located at 1250 West Grove Pkwy, Finisterra was built in 1997. It features tw...
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• A Production and Event Property in North Hollywood Hits the Market for $15 Mil
6/24/25
A 10k sf, turnkey production and event venue in L.A.’s vibrant NoHo Arts District has been listed for sale. The two-story property, fully renovated in 2022 and 2024, is located at 5535 Lankershim Blvd. It features three profe...
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• Construction is Underway on Second Phase of The Oddie District in Reno/Sparks
6/24/25
Phase II construction is now underway at The Oddie District, a 175k sf redevelopment project in the Reno-Sparks metro area that will transform a vacant former Lowe's Home Improvement center into a multi-faceted business innov...
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• Drawbridge Realty Buys 212k sf Office Asset in Bellevue, WA
6/23/25
Drawbridge Realty has acquired Block 13, a 212.1k sf, Class A office building located at 1385 123rd Avenue NE, in Bellevue, WA. The price was not given out.
Designed by architects NBBJ, Block 13 was completed early last year...
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• Formation Interests Leads Joint Venture Transforming Existing Phoenix Biz Park into a Creative Office Campus
6/23/25
Formation Interests plans to transform an existing seven-building, 338k sf office campus situated along the I-17 Corridor in north central Phoenix into FORMATION PARK 17, an innovative, 428k sf business park. The Class AA cam...
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• Portfolio of Manufactured Housing Communities Refinanced with New Loan for $28 Mil
6/20/25
A portfolio of five manufactured housing communities located in Arizona, California and Iowa have been refinanced with a new permanent loan for $28.25 mil. The fully stabilized assets offer a total of 687 pads across properti...
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• TruAmerica Multifamily Picks Up 280-Unit Asset in San Antonio
6/20/25
TruAmerica Multifamily has acquired Dominion Park Apartments, a 280-unit, garden-style community located in the rapidly growing Northwest submarket of San Antonio. This marks TruAmerica’s second investment in the San Antonio ...
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• Iowa City Distribution Center Lands $20 Mil Refi Loan
6/19/25
A 346k sf renovated warehouse facility in Iowa City, IA was refinanced with a new loan of $20 mil. The distribution center, located at 2500 Heinz Rd, is 100% leased to Amazon for use as a regional delivery station serving the...
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• Waterton Picks Up 386-Unit Res Community in Edmonds, WA
6/19/25
Waterton has acquired Brackett Apartments, a 386-unit garden-style multifamily community in Edmonds, WA. The price was not disclosed.
Located at 9501 244th St SW in Edmonds, Brackett Apartments was built in 1987 and offers a...
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• Legacy Partners and DWS Start Work on AZ Res Development
6/19/25
Legacy Partners and joint venture partner DWS have started construction on Olea Scottsdale, a 433-residence apartment community in Scottsdale, AZ. The project is located north of Loop 101 and east of Scottsdale Rd, at the nor...
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• Fremont Industrial Facility Trades for $372/sf
6/18/25
Hines paid $27.1 mil for 401 Whitney Place, a 72.8k sf, ($372/sf) high-powered industrial building located at 401 Whitney Place in the Bay Area city of Fremont. The property is 100% leased to Bloom Energy, a leading AI data c...
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• Local Investor Spends $6.2 Mil on Two Phoenix Office Buildings Totaling 62k sf
6/17/25
Phoenix Enterprises LLC purchased two office buildings totaling roughly 62k sf of space in Phoenix for $6.2 mil, or $100/sf. The acquisition included Paradise Village Office Park I, a two-story, 15.1k sf building located at 1...
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• Pitney Bowes Leases 76k sf at Phoenix Business Campus
6/17/25
Pitney Bowes Inc has agreed to a seven-year lease for 76.2k sf of space at the recently built Converge Logistics Center, a 510.8k sf business campus in Phoenix. Pitney Bowes will occupy a portion of the project’s Building A l...
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• New Sacramento Area Nursing Facility Trades Hands in $28 Mil Deal
6/16/25
Shadowbrook Gardens, a recently constructed 80-bed nursing facility in the Sacramento area city of Citrus Heights, was acquired by International Equity Partners in a $28.3 mil transaction. The property, located at 5915 Dewey ...
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• Las Vegas Office Building Sells for $6 Mil
6/13/25
A 24.3k sf office property in Las Vegas sold for $6 mil ($247/sf). The property is located at 9525 Hillwood Dr, adjacent to Summerlin Pkwy, which connects Summerlin to the 215 Beltway and Interstate 95 (I-95) and I-15.
Summe...
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• Tova Capital and Shopton Capital Spend $5.5 Mil on Santa Monica Retail Building
6/13/25
Tova Capital Inc, in a joint venture with Shopton Capital, has acquired a 7.5k sf, free-standing retail building in downtown Santa Monica for $5.5 mil, or $733/sf. At closing, the property was 40% leased to Commercial Bank of...
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• Foundation Specialty Finance Appoints Cliff Carnes as Chief Operating and Production Officer
6/12/25
Foundation Specialty Finance has appointed Cliff Carnes as Chief Operating and Production Officer. He will oversee Finance & Accounting, Human Resources, and Debt Origination as the company scales its national platform. Carne...
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