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• Industrial Development Breaks Ground Near Sky Harbor Airport in Phoenix
3/02/20
ViaWest Group has broken ground on Superior Logistics Center, a two-building, 150.7k sf industrial project just south of Sky Harbor Airport in Phoenix. The Class A development will cover a 9.17- acre land site at the northwes...
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• Tratt Properties LLC Breaks Ground on 1.3 msf AZ Spec Industrial Project
2/28/20
Phoenix-based Tratt Properties LLC has broken ground on a 1.3 msf, Class A industrial development sitting just south of the junction of Interstate 10 and the Loop 303, in a designated Opportunity Zone in Goodyear, AZ. Called ...
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• Construction Completed on Three Facilities within The Center at Needham Ranch in Santa Clarita
2/27/20
Trammell Crow Company (TCC) and Clarion Partners LLC have completed construction on all three buildings in the phase 1A of The Center at Needham Ranch, which is part of the first phase of a larger 252-acre, fully entitled si...
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• T3 Office Project in Denver Gets Underway
2/26/20
Work has begun on T3 RiNo, a six-story, 240k sf T3 (Timber, Transit and Technology) office building in Denver’s River North Art District (RiNo) that will be one of the most environmentally friendly and sustainable development...
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• Contour and Shopoff Realty Investments Buy 5.25 Acres on the Vegas Strip
2/24/20
A JV partnership between Contour and Shopoff Realty Investments has acquired an unentitled, 5.25-acre parcel of land situated on the Las Vegas strip on behalf of a JV partnership between Contour and Shopoff Realty Investments...
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• Cushman & Wakefield Acquires Colvill Office Properties in Houston
2/21/20
February 21, 2020 Cushman & Wakefield Acquires Colvill Office Properties in Houston
Leading office leasing firm boosts C&W's presence in the region
Cushman & Wakefield has acquired Colvill Office Properties, a leading provi...
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• PCCP LLC and Kairoi Residential Acquire 326-Unit TX Res Asset
2/20/20
A joint venture between PCCP LLC and Kairoi Residential has acquired Boulevard at Sonterra, a 326-unit garden-style multifamily property located at 210 E Sonterra Blvd in the Stone Oak submarket of San Antonio, TX. The buyer ...
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• 24/7 Events Inc Leases 51k sf Facility in Valencia
2/19/20
24/7 Events Inc inked a long-term lease for 50.9k sf at a newly constructed industrial property located within Valencia Commerce Center in Valencia. The Class A building, located at 27788 Hancock Pkwy, is a freestanding facil...
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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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