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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...
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• 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...
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• 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...
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• 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...
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• 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 ...
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• 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...
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• 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...
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• Mark IV Capital Inc Picks Up 24k sf AZ Office Asset
9/01/20
Mark IV Capital Inc, out of Newport Beach, has acquired Perimeter Parkview Corporate Center, a 24.2k sf, Class A multi-tenant office building in Scottsdale, AZ. The asset was sold by Melcor Developments of Edmonton, Canada.
...
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• KBS Partners with Technology Firm to Reconfigure Office Space to Create Safe Working Environments for Tenants
8/31/20
KBS has partnered with Maptician, a cloud-based, workplace management platform, to utilize technology and data to reconfigure office and community spaces to facilitate an organized and safety-conscious return-to-office for te...
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• 71-Acre Sonoma County Site Listed for Sale
8/28/20
The Chanate Campus, a 71.6-acre, 12-parcel property in Santa Rosa, has been put on the market by the County of Sonoma. Brian Hutcherson and Mike McShea of CBRE’s Public Institutions and Education Solutions (PIES) practice and...
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• ACB Properties LLC Buys AZ Industrial Facility with Plans for Major Improvements
8/28/20
ACB Properties LLC acquired a 141k sf industrial distribution and warehouse facility in Tempe, AZ for $7.75 mil. The company completed the buy with a loan for $11.8 mil, which includes money for significant improvements to th...
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• AZ Safeway-Anchored Shopping Center Purchased by Beverly Hills Exchange Investor
8/27/20
Safeway Center at Lake Powell, a 100.5k sf Safeway-anchored shopping center in Coconino County, AZ, was acquired by a Beverly Hills-based 1031 exchange buyer with a portfolio of properties in Arizona. The property was sold by...
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• Carlsbad Office Building Sells for $160/sf
8/26/20
A private investment firm paid $6.15 mil for a 38.3k sf ($160/sf) office building in Carlsbad. The property was originally built in 1986 and was renovated in 2013.
Located at 5928 Pascal Ct, the property is 79% leased to ...
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• The Stillery and JINYA Ramen Bar Take Restaurant Space at New Square
8/26/20
Two new restaurant concepts, The Stillery and JINYA Ramen Bar, have signed on at New Square, a multi-use development situated on 4.7 acres along Arizona Ave and Chicago St in historic downtown Chandler, AZ. The project is.
T...
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• Seefried Industrial Properties and Crow Holdings Capital Acquire 35-Acre AZ Development Site
8/25/20
The Phoenix office of Seefried Industrial Properties, along with a private equity real estate fund advised by Crow Holdings Capital, has acquired a 35-acre site in Deer Valley, AZ. The buyers plan to use the site to develop a...
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