|
• 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...
|
• 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...
|
• 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...
|
• 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...
|
• 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...
|
• 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...
|
• 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...
|
• 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...
|
• Johnstone Supply Inc Spends Over $16 Mil to Acquire Its HQ Facility in Portland
1/21/20
Johnstone Supply Inc acquired its 126.3k sf global headquarters facility in Portland in a recent transaction valued at $16.2 mil ($128/sf). The distribution warehouse building is located 11632 NE Ainsworth Circle.
Johnstone ...
|
• Equity Advantage Inc Acquires Phoenix Area Office Building in $11.5 Mil Deal
1/20/20
Equity Advantage Inc purchased Foothills Gateway Corporate Center, a 68.2k sf, upscale multi-tenant office building in Phoenix. The property, located at 4505 E. Chandler Blvd, in the prestigious Southeast Valley neighborhood ...
|
• Law Firm Pays $1,387/sf for Beverly Hills Retail/Flex Office Building
1/20/20
An 8k sf, retail and flex-office building in Beverly Hills was purchased by Dordick Law Corp for $11.1 mil, or $1,387/sf, in an off-market deal. The buyer, a personal injury law practice, will take occupancy of the building....
|
• Keech Properties Buys 58k sf AZ Office Building
1/17/20
Keech Properties, out of Palo Alto, acquired a 58.1k sf office building in Glendale, AZ for $4.67 mil, or $80/sf. The property, located at 5800 W. Glenn Ave, was sold by the City of Glendale.
The building was 88% leased at t...
|
• Res Property in San Diego’s Ocean Beach Trades for Over $18 Mil
1/17/20
A 60-unit multifamily complex in San Diego’s Ocean Beach sold for $18.275 mil, or $304.5k/unit. The 52k sf property sits on a 45.3k sf lot at 4464 Castelar St, west of Nimitz Blvd and south of Point Loma Blvd.
The asset is c...
|
• 169k sf WA Industrial / Manufacturing Facility Traded in $17 Mil Deal
1/16/20
Pinnacle Peak CO LLC, based out of Bellingham, WA, paid $17 mil in cash for a 168.9k sf industrial manufacturing building in Phoenix. The property is located on 13.55 acres at 2140 West Pinnacle Peak Rd.
The property was so...
|
• AZ Tesla Facility Sells for $340/sf
1/15/20
A 41k sf facility in Scottsdale, AZ occupied by Palo Alto-based Tesla traded hands in a $13.95 mil ($340/sf) transaction. The property, located at 8300 East Raintree, is a free-standing service and delivery facility located i...
|
• Pinnacle Healthcare Spends Over $8 Mil in Purchase of AZ Creative Office Building
1/15/20
Oregon-based Pinnacle Healthcare acquired a 26.8k sf, creative office building in Tempe, AZ in an $8.4 mil sale/leaseback ($314/sf) deal. The property is located at 1860 West University, east of Hwy 143.
The building was sol...
|
• Bay Area Res Community Fetches $725k/Unit
1/14/20
Aperture, an 83-unit luxury apartment community in downtown San Bruno, has traded hands. The asset was sold by Sares Regis Group of Northern California (SRGNC) and its equity investment partner, The Resmark Companies, who par...
|
• Victorville Multifamily Community Trades at Record $118.8k/Unit
1/13/20
Hanes Properties LLC, a Los Angeles-based real estate investment and management firm, has purchased Golden Sands, a 120-unit apartment complex in Victorville, for $14.25 mil ($118.8k/unit). The complex, located on just over e...
|
• BH Properties Purchases 60k sf TX Office Building
1/10/20
BH Properties has acquired a vacant four-story, 60k sf office building in Richardson, TX, its second investment in the Dallas/Fort Worth submarket in the past 24 months. The purchase price was not given out.
Built in 1991, 2...
|
• Bend Bulletin Building Bought for $13.15 Mil
1/09/20
The Bend Bulletin building in Bend, OR was purchased by Chandler Center LLC for $13.15 mil. The property, which was marketed as part of Western Communications’ bankruptcy proceedings, contains 86.4k sf ($152/sf) of office and...
|
Return to the Home Page - Etc... Etc... area
