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• Vestar Awarded Management Assignment for 600k sf SoCal Retail Portfolio
6/12/25
Nuveen Real Estate has awarded Vestar with the assignment to provide property management, strategic leasing oversight, marketing and construction management services for its newly acquired retail portfolio in Southern Califor...
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• Two Recent LA-Area and Tucson Financings Total $17 Mil
6/12/25
Here are a couple of recent financing transactions totaling $17 mil originated by mortgage banking firm Gantry. One of the deals is a refi on an office property in the San Gabriel Valley and the other is a new permanent loan ...
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• Goodwill Purchases 195k sf Industrial Facility in Washington
6/11/25
A 194.9k sf industrial property in Tacoma, WA was acquired by Goodwill of the Tacoma Goodwill Industries. The asset, located at 3102 S. Pine St, just south of Hwy 16, was sold by CenterPoint Properties.
The industrial facili...
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• Work Started on New 45k sf Innovation Hub at California State University, Fullerton
6/10/25
Construction has started on a new 45k sf Engineering & Computer Science (ECS) Innovation Hub on the California State University, Fullerton (CSUF) campus. The $54 mil project, located at 800 N State College Blvd in Fullerton, ...
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• Napa Valley Industrial Facility Trades in $18 Mil Owner/User Buy
6/10/25
In a recent NoCal owner/user industrial buy, Mezzetta Foods purchased a 116k sf, Class A facility in American Canyon for $18 mil ($155/sf). The freestanding property is located at 205 Jim Oswald Way, west of Hwy 29 in Napa Va...
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• Costa Mesa Apartment Property Sells for $661.5k/Unit
6/09/25
A 13-unit multifamily property in Costa Mesa traded hands in a recent $8.6 mil ($661.5k/unit) transaction. We’re told that this is the highest price per unit achieved for a multifamily property in Westside Costa Mesa over the...
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• Bay Area Industrial/Flex Campus Fetches $23.5 Mil
6/06/25
Pine Creek Business Park, a 152.9k sf, industrial/flex business park in the north Bay Area city of Santa Rosa, was acquired for $23.5 mil ($154/sf) by MKD Investments L.P., a family limited partnership. The property is locate...
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• Downtown Sacramento Medical Office Property Lands $34 Mil Loan
6/05/25
SixSixty, a 124k sf, four-story Class A medical building in downtown Sacramento, has been financed with a new construction-to-perm loan for $34.1 mil. The borrower is a joint venture of Revitate’s opportunity zone platform, R...
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• Helix Properties Spends $5 Mil on Phoenix Office Asset
6/05/25
Phoenix-based Helix Properties purchased Black Canyon Center, a three-story, 96.8k sf multi-tenant office building in Phoenix, for $4.98 mil ($51/sf). The property, located at 10835 North 25th Ave, was 22% leased at time of s...
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• Trio of CA Self-Storage Financing Deals Total Over $31 Mil
6/04/25
In recent self-storage financing activity, three separately-owned California facilities were refinanced in deals totaling $31.76 mil. All of the transactions were arranged by Gantry.
The most recent loan provided $9.76 mil t...
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• Oaktree Capital Management and TruAmerica Multifamily Secure $255 Mil Refi on Four-Property Apartment Portfolio
6/03/25
A four-property multifamily portfolio owned by funds managed by Oaktree Capital Management L.P. and TruAmerica Multifamily was refinanced with a new loan for $255.25 mil. The properties contain a combined 1,324 units and are ...
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• Brian Lagomarsino and Chad Arnold Join Cushman & Wakefield
6/03/25
Brian Lagomarsino and Chad Arnold have joined Cushman & Wakefield’s East Bay-Walnut Creek office in Northern California. The duo brings nearly 50 years of combined experience in Office Sales, Agency Leasing and Tenant Represe...
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• Washington Best Western Hotel Lands $14 Mil Refi Loan
6/02/25
A Best Western Plus hotel property in Moses Lake, WA was refinanced with a new $14 mil permanent loan. The property is located at 3000 W Marina Dr in Moses Lake.
The high performing hotel and restaurant facility offers both ...
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• Portland’s Iconic ‘Schoolhouse Factory Building’ is Brought to Market for Lease or Sale
5/30/25
The Schoolhouse Factory Building, a historic and architecturally iconic structure located at 2181 NW Nicolai Street in Portland, OR, is coming to market for lease or sale. For years, the prominent four-story 125k sf building,...
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• DivcoWest Lands Management Assignments for Five Properties Totaling 348k sf of Space
5/30/25
DivcoWest has landed new management assignments for five properties, four in Southern California and one in Austin, TX. The four SoCal properties include Penn Station Studios, Broadway Place, 2308 Broadway, and 1556 20th Stre...
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• Long Beach Unified School District Starts Work on a Major Modernization of its Polytechnic High School
5/29/25
Long Beach Unified School District has broken ground on a $175 mil modernization project at its Polytechnic High School. The comprehensive project includes interim student housing, a new 65k sf Career and Technical Education ...
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• Steel Peak Spends $7.6 Mil on Industrial Outdoor Storage Property in Salt Lake City
5/27/25
Steel Peak has purchased an industrial outdoor storage (IOS) property in Salt Lake City, UT for $7.6 mil. The property is located at 1876 W. Fortune Rd, north of California Ave and east of I-15.
The property consists of two ...
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• Hollywood Apartment Property Offered for Sale at $267/Unit
5/26/25
In news of an interesting multifamily listing in Hollywood, The Casa Palmera, a 60-unit property, has been put on the market with an asking price of $16 mil, or $267/unit. The property is located at 1843 N. Cherokee Ave, nort...
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• Turner Healthcare Facilities Funds Completes New 11.5k sf Primary Care Facility in Costa Mesa
5/23/25
A new two-story, 11.5k sf primary care facility in Costa Mesa was recently completed and just celebrated its grand opening. The project was developed by the Turner Healthcare Facilities Funds (THFF) for Share Ourselves, a lea...
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• Newport Beach Office Property Trades for Over $750/sf
5/23/25
A 15.2k sf office property in Newport Beach traded for $11.5 mil, or $757/sf. The property is located at 1303 Avocado Ave, between MacArthur Blvd and Newport Center Dr.
The two-story building sits on a 0.38-acre lot within t...
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