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• Historic Building in Downtown Salt Lake City Sees Significant Leasing Activity
2/19/20
There has been 50k sf of new leases signed at the Salt Lake Hardware Building in downtown Salt Lake City, UT. The transactions include a new 22.9k sf lease by a medical device company, a new 5.7k sf lease by a local tech comp...
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• Harsch Investment Properties Completes New 168k sf Industrial Facility in North Las Vegas
2/18/20
Harsch Investment Properties has completed development of Speedway Commerce Center IV, a 168k sf industrial / warehouse facility in North Las Vegas. The project, located at 6101 North Hollywood Blvd, adds to the existing 2.65...
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• Carlsbad Creative Office Campus Listed for Sale
2/18/20
A two-building, 53.2k sf creative office campus in Carlsbad has just been put on the market. The property, lift, was constructed in 2019 and is a mixed-use, office and retail project in the heart of San Diego’s North County. ...
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• Libertas Companies Buys 187k sf Harrison Square Office Property in Portland
2/17/20
Portland-based Libertas Companies closed on a local office buy, acquiring Harrison Square, a 187k sf office building in Portland’s South Central Business District. Although the purchase price was not immediately given out, we...
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• Gold Leaf Farming Buys 36 Acres of Farmland in Southeast California
2/14/20
Gold Leaf Farming has acquired 36 acres of farmland in Bard Valley, in the very southeast corner of California. Consisting of two separate tracts, the property is developed with mature medjool date gardens.
The seller was a...
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• New Lease Signings Bring TX Office Complex to 85% Leased
2/13/20
Three new tenants, Teknion Data, Informa and Abeam Consulting, have inked leases totaling over 50k sf of office space at Urban Towers, a Class AA office complex in Irving, TX. The deals have a combined value of more than $20 ...
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• Exchange Investors Pick Up Multiple Buildings at Inland Empire Retail Center in Deals Totaling $33 Mil
2/11/20
Four different buyers have acquired five new-construction retail buildings totaling 57k sf at Eastvale Marketplace, a grocery-anchored shopping center in the Inland Empire city of Eastvale. The sales added up to a combined pr...
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• Kennedy Wilson’s $55 Mil WA Biz Park Buy Financed with $38.6 Mil Loan
2/11/20
Kennedy Wilson, through its Kennedy Wilson Fund VI, recently purchased Canyon Park East, a five-building, 269.4k sf business campus in Bothell, WA, for $55 mil, as reported on RENTV about a month ago. We’ve since learned that...
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• Next Wave Investors Closes $14.5 Mil Vegas Res Buy
2/10/20
In a recent multifamily buy in Las Vegas, Next Wave Investors LLC paid $14.5 mil for Villaggio Di Murano, an 88-unit ($164.8k/unit) multifamily apartment community. The SoCal-based multifamily investment group acquired the pr...
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• Investment Venture Buys 138k sf Retail Center in Los Angeles
2/07/20
Crenshaw Plaza, a 137.8k sf retail center located at the southeast corner of West Slauson Ave and Crenshaw Blvd, was acquired by a joint venture between two Los Angeles-based private commercial real estate investment firms. C...
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• Prologis to Sell $2.2 Bil of Notes
2/05/20
Prologis’ operating subsidiary, Prologis L.P., has priced an offering of three series of notes totaling $2.2 bil of principal. The offering consists of $500 mil aggregate principal amount of its 2.125% notes due 2027, priced ...
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• CREXi Lands $30 Mil Round of New Funding
2/04/20
CREXi, the online CRE marketplace platform, has received a $30 mil Series B funding round led by Mitsubishi Estate Company (“MEC”), Industry Ventures, and Prudence Holdings. Existing investors Lerer Hippeau Ventures, and Jack...
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• Fourth Class Office Building Completed at AZ Biz Park
1/31/20
Mark IV Capital has delivered its fourth Class A office building at Chandler Freeway Crossing. Dubbed 2625 at Chandler Freeway Crossing, the new structure features Class A, country-club-style amenities and direct freeway fron...
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• Draftsmen & Craftsmen
1/31/20
RevOZ Capital (RevOZ) has broken ground on an 11.3k sf, build-to-suit office project in San Bernardino. Previously a residential one-story triplex, the single-story facility will house San Bernardino County's Children's Depar...
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• Buchanan Street Partners Makes Bay Area Office/Life Science Buy
1/30/20
Buchanan Street Partners has acquired Newark Tech Park, a 99.7k sf, two-building office and life science project in San Francisco’s East Bay, for $26.2 mil, or $263/sf. The property, located at 8000 and 8100 Jarvis Ave, was 9...
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• PaulsCorp Purchases 464-Unit TX Res Community
1/30/20
Denver-based PaulsCorp LLC acquired The Morgan, a 464-unit multifamily community in Bedford, TX. The asset, located at 1611 Oak Creek Lane, was sold by Transwestern Investment Group (TIG®) and S2 Capital LLC.
TIG and S2 reno...
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• Historic Office Property in Portland Lands $27 Mil in Financing
1/28/20
Urban Renaissance Group has secured $27 mil in bridge financing for the J.K. Gill Building, a 96.1k sf, historic office building in Portland. Originally built in 1923, the J.K. Gill Building is a true landmark asset featuring...
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• Arizona Multi-Tenant Office Building Awarded LEED Gold Certification
1/24/20
Hines’ Offices at Chandler Viridian, a six-story, 252.4k sf Class A office building in Chandler, AZ, has recently earned Gold certification from the U.S. Green Building Council’s LEED® Core and Shell rating system. The struct...
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• Wood Investments Companies Inc Buys 300k sf of Retail Assets in Idaho
1/24/20
Wood Investments Companies Inc acquired two retail properties totaling roughly 300k sf on 3.17 acres in Twin Falls, Idaho. The two properties, Canyon Park East and Canyon Park West shopping centers, are 100%-leased, instituti...
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• Sacramento Area Res Community Trades in $33 Mil Deal
1/24/20
Ridge Capital Investors LLC and Contrarian Capital Management LLC have acquired Sterling Pointe, a 250-unit, suburban Sacramento apartment community, for $33 mil, or $132k/unit.
Sterling Pointe, located at 2237 and 2257 Hur...
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