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Precision Science Leases 130k sf Space in Phoenix 12/27/24 Precision Science Inc signed a lease for 130k sf of space at Mack Innovation Park in Phoenix. The deal is for part of a 201k sf industrial building at 1775 West Alameda Rd, within Mack’s multi-phased innovation development in...
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Realterm Picks Up Two Industrial Outdoor Storage Assets in Silicon Valley 12/26/24 Realterm acquired two industrial outdoor storage (IOS) maintenance facilities in Fremont. The properties are located at 5120-5170 Brandin Ct and 44533 South Grimmer Blvd.
The properties are located in the heart of Silicon Va...
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Industrial Outdoor Ventures Spends $5.68 Mil on Denver Building 12/23/24 A 31.1k sf industrial building on 4.94 acres in Denver was purchased by Industrial Outdoor Ventures (IOV) in a $5.68 mil ($183/sf) deal.
Located at 3750 Nome St, the IOS property features 24k sf of clear span warehouse space...
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Brookfield Properties Awards Leasing Assignment for DTLA Mixed-Use Campus to Colliers 12/23/24 Brookfield Properties has awarded the leasing assignment for California Market Center (CMC), the 1.9 msf hub for creative office and mixed-use space in Downtown Los Angeles, to Colliers. The unique asset is located at 110 E. ...
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Cohen Asset Management Buys 49k sf Industrial Building in Gilbert, AZ 12/20/24 An affiliate of Cohen Asset Management paid $8.7 mil for a freestanding, 48.8k sf ($178/sf) industrial manufacturing building in Gilbert, AZ. Located at 779 North Colorado St in Phoenix’s Southeast Valley, the single-tenant b...
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Construction Started on 655k sf Industrial Facility in Stockton for Home Depot 12/20/24 Trammell Crow Company (TCC) and JV partner Realty Income Corporation have broken ground on a 655.2k sf building that is being developed for The Home Depot in Stockton. Located at 320 McCloy Ave, the industrial facility is exp...
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Oregon Logistics Facility Acquired by Ares Management 12/20/24 Ares Management LLC recently acquired Coffee Creek Logistics Center, a 110.5k sf, multi-tenant logistics facility in Sherwood, OR. The property was sold by LaSalle Investment Management.
Coffee Creek Logistics Center, locate...
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Kidder Mathews Awarded 1 msf Pac Northwest Industrial Management Assignment 12/19/24 Cabot Properties, a prominent private equity firm specializing in industrial real estate, has awarded Kidder Mathews Asset Services the management assignment for a portfolio of eight industrial assets totaling 984.2k sf acros...
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PCBP Properties Pays $12.5 Mil for Washington Industrial Facility 12/18/24 In a Washington industrial buy, Inc paid $12.55 mil for an 80.2k sf ($156/sf) facility in Puyallup. The last-mile manufacturing and logistics facility is located at 403 N Levee Rd, 15 minutes from the Port of Tacoma and 35 mi...
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Work Started on $268 Mil College of the Desert’s Palm Springs Campus 12/18/24 Construction has broken ground on the new College of the Desert (COD) Palm Springs campus. The $268 mil, 175k sf project will provide cutting-edge facilities for learning, collaboration, and innovation, while setting new stan...
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Industrial Building in Phoenix’s Sky Harbor Airport Submarket Sells for $234/sf 12/17/24 A 33.3k sf, freestanding industrial building in Phoenix’s highly desired Sky Harbor Airport submarket traded for $7.8 mil ($234/sf). The single-tenant asset, located at 4750 South 32nd St, is currently 100% leased to BMWC Con...
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Christopher Larimore and Tish Childs to Lead New Property Management Division at Lee & Associates 12/16/24 Christopher Larimore and Tish Childs have formed a property management division at Lee & Associates, based in the firm’s Pasadena office. The team will service the Los Angeles, Orange, and San Bernardino regions of Southern C...
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New Denver Res Tower from Legacy Partners and Pacific Life Begins Leasing 12/13/24 Leasing has begun at Araceli, a 236-residence, Class A, NGBS Green-Certified Gold residential high-rise in Denver, with the first move-ins slated for March 2025. The new project was developed by Legacy Partners, in a venture ...
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Virco Manufacturing Renews Lease for 559k sf Torrance Facility 12/12/24 Virco Manufacturing has inked a 65-month lease renewal for a 559k sf facility in Torrance. The building, situated on over 23.5 acres at 2027 Harpers Way, east of Van Ness Ave and south of Del Amo Blvd, is owned by Prologis. V...
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Repurposed Aliso Viejo Retail Property Completed by ValueRock Realty 12/12/24 The Commons, a newly repurposed 21-acre mixed-use project located in Aliso Viejo, has been completed and is now open to the public. The project, developed by ValueRock Realty, involved transforming a nearly 200k sf vacant Low...
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GF Properties Buys 80k sf Industrial Portfolio in Southwest Las Vegas 12/11/24 SoCal-based GF Properties acquired Sunset 215 West, a two-building, 80k sf industrial portfolio in Southwest Las Vegas. The buildings, suited for corporate office and industrial warehouse use, are located at 6475 and 6485 W. ...
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Kraig Heeter of Kidder Mathews Named President-Elect of the Society of Industrial and Office Realtors (SIOR) 12/09/24 Kidder Mathews’ Kraig Heeter has been named president-elect of the Society of Industrial and Office Realtors (SIOR) Foundation. Heeter is an executive vice president in South Seattle with more than two decades of experience s...
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Hanley Investment Group Raises $31,800 for Movember in 14th Annual Fundraiser Supporting Men’s Health 12/09/24 Hanley Investment Group Real Estate Advisors raised $31,800 for Movember in November. This marks the 14th consecutive year that Hanley Investment Group has joined the global movement to raise awareness and critical funds for ...
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AHV Communities Buys 330-Unit Multifamily Community in San Antonio 12/06/24 AHV Communities, a San Antonio-based developer and operator of luxury single-family rental communities, acquired The Sterling at Oak Hills, a 330-unit luxury multifamily asset in the South Texas Medical Center (STMC) area of ...
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Owner/User Picks Up AZ Industrial Property in $15 Mil Purchase 12/06/24 An 87.2k sf industrial building in Gilbert, AZ traded hands in a $15.3 mil ($175/sf) owner/user buy. The property is located at 1150 N Fiesta Blvd, west of Country Club Dr and south of Baseline Rd.
The property’s strategic l...
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