|
• PRP Recapitalizes FedEx Office Headquarters in Texas
6/30/20
PRP has recapitalized the FedEx Office Headquarters, a 263.6k sf, Class A office building located in the Legacy West submarket of Plano, TX. PRP originally acquired the property at 7900 Legacy Drive in November of 2017 for $7...
|
• Private Investor Exchanges into Caliber Collision Headquarters in Texas
6/29/20
A 1031 exchange private investor purchased the Caliber Collision Headquarters, a two-story, 80k sf Class A office complex in Lewisville, TX. The price was not disclosed.
Built in 2006 on a 5.8-acre lot and renovated by Calib...
|
• MAG Capital Partners LLC Buys 139k sf TX Industrial Portfolio
6/25/20
MAG Capital Partners LLC (MAGCP) has acquired a 139.2k sf industrial portfolio in Haltom City, TX through a long-term, sale-leaseback transaction. A price was not given out.
Located at 5998 Eden Dr, the eight-building, 7.25-...
|
• Joint Venture Buys Scottsdale Development Site
6/25/20
An investment joint venture purchased a nearly two-acre site in Scottsdale, AZ primarily for land value. The property, which currently houses a 15k sf retail center, sold for $6.65 mil.
The 1.885-acre property, located at 16...
|
• Overton Moore to Install 275 Charger Stations at Spec Bay Area Development
6/24/20
Overton Moore Properties (OMP) has commenced work on Phase II at Pacific Commons South (PCS) has commenced Phase II in Fremont. As part of the development, Overton Moore is undertaking one of the largest individual installati...
|
• Rexford Industrial Realty Completes Two SoCal Buys for $14.7 Mil
6/23/20
Rexford Industrial Realty Inc has boosted its industrial portfolio with the recent acquisitions of two SoCal assets in deals totaling $14.7 mil. The firm’s newest properties are located in Yorba Linda and San Diego. The acqu...
|
• AZ Industrial Warehouse Traded Between Similar Owner/User Businesses
6/22/20
DS Electronics bought an 18k sf, freestanding industrial warehouse property in Gilbert, AZ for $2.33 mil ($129/sf). The property is located at 130 N. Pasadena St, west of McQueen Rd and north of Elliot Rd.
DS is an owner/use...
|
• Alexandria Real Estate Equities Picks Up San Diego Flex/R&D Building for $17 Mil
6/18/20
Alexandria Real Estate Equities bought a 62.4k sf, two-story, flex R&D building in San Diego for $17 mil ($272/sf) in an off-market transaction. The property, located at 9877 Waples St, was sold by LPC West Inc, the West Coas...
|
• Douglas Allred Company Secures $73 Mil to Start Work on Spec AZ Office Project
6/17/20
Douglas Allred Company has obtained $73.5 mil in financing for development of a 300k sf, Class A spec office project in Chandler, AZ. The funding consists of a $46 mil construction loan from Bank OZK and $27.5 mil in mezzanin...
|
• Nadel Architecture + Planning Introduces Direct-to-Retailer Design studio
6/15/20
Nadel Architecture + Planning has launched a new Direct-to-Retailer design studio. This new division will be led by 20-year industry veteran Ryan Weller, who has joined the firm as its Director of Retail to manage the firm’s ...
|
• Nearon Enterprises Picks Up 155k sf Distribution Facility in Tracy, CA
6/11/20
In a NoCal industrial acquisition, Nearon Enterprises purchased Eastgate Business Park, a 155k sf property in Tracy, about 20 miles southwest of Stockton. The price was not disclosed.
Located at 1447 Mariani Ct, the property...
|
• Greenlight Communities Secures $23 Mil in Financing for Phoenix Res Development
6/11/20
Greenlight Communities has obtained $22.9 mil in financing for the development of Cabana on 99th, a 286-unit, garden-style multi-housing project in Phoenix’s Glendale submarket. The financing, arranged by Bryan Clark, Brad Mi...
|
• Sorrento Mesa Life Science Property Sales Total $17 Mil
6/09/20
We’ve learned of four recent transactions totaling about $17 mil in San Diego to share with you. The properties are all located in the thriving life science submarket of Sorrento Mesa and all closed within a three-week period...
|
• NoCal Investor Pays Nearly $1,200/sf for Bay Area Retail Center
6/08/20
Shops at El Camino Real, an 8k sf retail center in the Bay Area city of Belmont, sold for $9.55 mil ($1,194/sf).The property is fully occupied by six tenants including Peet’s Coffee & Tea, Detox Kitchen & Juice Bar, Menchie’s...
|
• Draftsmen & Craftsmen
6/05/20
The Southwest Division of Graycor Construction Company has been selected as the general contractor for Phase I of Glendale 303 (G303), a Class A industrial development that, at build-out, will total up to 1.2 msf. The project...
|
• Heritage Auctions Inks Deal for Global HQ Location in Dallas
6/05/20
Heritage Auctions has leased a new state-of-the-art, 160k sf facility and multi-purpose campus in Dallas as its new global headquarters. The facility, located at 2801 W. Airport Fwy, features an 8k sf gallery showroom for inv...
|
• Cush Enterprises Invests $30 Mil in the Scottsdale Office Market
6/04/20
San Diego-based Cush Enterprises closed on an AZ office buy, picking up Perimeter Parkview Corporate Center, a 105k sf, Class A asset in north Scottsdale. The building, located at 8377 East Hartford Dr, traded for approximate...
|
• Prometheus Real Estate Acquires Silicon Valley Res Asset
6/04/20
Prometheus Real Estate has closed on a sizable Silicon Valley multifamily acquisition, paying about $70 mil for Gardens of Fontainbleu, a 125-unit ($560k/unit) complex in Cupertino. The property is located at located at 10200...
|
• Chicago Entity Spends $7.65 Mil on Phoenix Single-Tenant Office Asset
6/03/20
A 61.3k sf, single-tenant office building in Phoenix traded for $7.65 mil, or $125/sf. The property, located at 16212 N. 28th Ave, was purchased by a fund managed by a Chicago-based investment management firm.
Situated on 3....
|
• CapRock Partners Completes Second Closing of CapRock Partners Industrial Value-Add Fund III
6/02/20
CapRock Partners has closed a first and subsequent second closing of CapRock Partners Industrial Value-Add Fund III, totaling more than $180 mil of committed capital in the fund and co-investment vehicles. The firm’s fifth fu...
|
Return to the Home Page - Etc... Etc... area
