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June 16, 2024
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• Pathfinder Partners Closes Its Opportunity Fund V
San Diego-based Pathfinder Partners LLC has closed Pathfinder Partners Opportunity Fund V L.P., the firm’s fifth fund focused on acquiring real estate assets in mid-tier cities throughout the western United States. The firm r...
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• National City Res Complex Sells for $22 Mil
Harborview, a mixed-use complex in National City, sold for $22 mil. The complex consisting of 81 luxury res units and 2.8k sf of retail space, is located at 819 D Ave, south of downtown San Diego between I-5 and I-805. Harbo...
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• Tarlton Properties Adds 77k sf to Its O’Brien Drive Portfolio in Menlo Park
Tarlton Properties Inc has boosted their O’Brien Drive Portfolio (ODP) in Menlo Park with the recent acquisition of 77k sf of industrial/office space. The purchases include 20k sf at 1001 O’Brien Dr and 50k sf at 1320 Willow...
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• Sonnenblick-Eichner Arranges $65 Mil on Two Seattle-Area Hyatt Hotels
Sonnenblick-Eichner Company has arranged $65.2 mil of first mortgage financing for the 149-room Hyatt House Seattle/Redmond and the 160-room Hyatt House Seattle/Bellevue in Washington. The non-recourse, 10-year fixed-rate fi...
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• Strategic Storage Growth Trust Spends $12 Mil on San Antonio Facility
Strategic Storage Growth Trust, Inc acquired a self storage facility in San Antonio, TX for approximately $12.3 mil. The facility consists of approximately 385 self-storage units and approximately 49.3k sf of storage space. ...
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• Ten-X the New Game When It Comes to a Winning Online Real Estate Marketplace
1/12/16 has rebranded as Ten-X, marking the company’s transition into an online marketplace where buyers, sellers, and the agents and brokers who represent them can easily and efficiently buy and sell high quality residen...
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• Mixed-Use Project in Portland’s Pearl District to Contain 136 Res Units and 5k sf of Retail
Urban Asset Advisors has obtained a $41.6 mil construction loan to build Couch 9, a residential/retail development in Portland’s desirable Pearl District. The Class A project will consist of 136 residential units along with 5...
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• Argentina-Based Buyer Spends $25 Mil on TX Shopping Center
An Argentina-based private real estate holding company closed on a $25.1 mil Houston retail acquisition. The property is Westgate Market, a fully occupied, 80.7k sf shopping center that was sold by a Los Angeles-based private...
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• Washington Multifamily Asset Purchased for $55 Mil
Green Leaf Capital Partners purchased The Pointe, a 387-unit, garden-style multi-housing property in Vancouver, WA. The asset was acquired from an affiliate of Kennedy Wilson for $55 mil ($142k/unit), free and clear of existi...
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• New York Life Ends 2015 with OC Office Buy
In a recent OC office buy, New York Life Real Estate Investors purchased 18201 Von Karman, a 229k sf, 11-story Class A building in Irvine. The asset was sold by American Realty Advisors. The property is located south of the...
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• Donahue Schriber Picks Up 195k sf Retail Center in the East Bay
Donahue Schriber Realty Group acquired Alamo Plaza, a 195.1k sf shopping center in Alamo, CA. The Safeway-anchored center was purchased from Invesco Advisors Inc. The price was not disclosed. Alamo PLaza is located at the n...
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• KBS Strategic Opportunity REIT II Buys 60k sf Vegas Area Office Property
KBS Strategic Opportunity REIT II has acquired a 59.8k sf, Class A office property in Henderson, NV for $13.4 mil ($224/sf). The building, located at 2200 Paseo Verde, is the only traditional office property located at The Di...
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• LA Investment Group Completes $10.5 Mil Vegas Retail Buy
Sahara Durango Retail Shopping Center, a 45k sf, neighborhood shopping center in Las Vegas, traded hands in a recent $10.55 mil ($234/sf) deal. The property, located on 4.4 acres at 8485 W. Sahara Ave in Vegas’ Spring Valley ...
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• Master-Planned Res Community in Mesa, AZ About to Break Ground
Harvard Investments, The Hill Companies and GTIS Partners LP are about to break ground on Cadence at Gateway, a new master-planned residential community in Mesa, Arizona’s expanding Gateway corridor. Located near the Loop 20...
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• Newmark Realty Capital Arranges Refi on Historic Petaluma Property
Newmark Realty Capital has arranged $3.8 mil in refi money for the McNear Building, a 43.5k sf, multi-tenant mixed-use property in the NoCal city of Petaluma. The property is situated on approximately 0.48 acres in the heart ...
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• AIR’s Popular Market Review & Forecast for Greater L.A. Metro to Be Held January 27, 2016
AIR Commercial Real Estate Association will host its 23rd Annual Real Estate “Market Review & Forecast” on Jan. 27, 2016 in downtown Los Angeles. As always, this popular yearly event will feature a blue ribbon panel format of...
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• Continental Funding Group Arranges Over $10.5 Mil on Four Multifamily Assets for a Single Borrower
Continental Funding Group (CFG) has arranged financing on four multifamily assets located in Los Angeles and San Diego Counties on behalf of a SoCal-based private investor. The transactions were arranged by Managing Director ...
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• Admiral Capital Group and Bay West Development Pick Up Silicon Valley Retail Asset
Admiral Capital Group and Bay West Development have acquired San Tomas Plaza Shopping Center, a 119.8k sf retail complex in Campbell, CA. The property represents Admiral’s second investment in the Bay Area and its first join...
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• Kirkland & Ellis LLP Inks Lease for 62k sf at New Houston Office Tower
Hines, the international real estate firm, announced today that the international law firm of Kirkland & Ellis LLP, an international law firm, has signed a lease for 62k sf of space at 609 Main at Texas, a new office tower de...
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• Strategic Storage Growth Trust Inc Acquires Three Self-Storage Facilities in TX and CO
Strategic Storage Growth Trust Inc (SSGT) has acquired three self-storage facilities totaling 196.3k sf of storage space and 1,400 units for $26.7 mil. SSGT is sponsored by SmartStop Asset Management LLC. The portfolio consi...
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