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• NoCal Investor Buys Two Sacramento Apartment Properties Totaling 160 Units
9/05/14
A San Francisco based investor with international capital purchased two Sacramento area multifamily properties totaling 160 units for $10.65 mil ($66.6k/unit). The acquisitions, Granite Springs and Ridgestone Apartments, are ...
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• San Antonio Gold’s Gym Property Sells for $5.5 Mil
9/04/14
A 33k sf Gold’s Gym in San Antonio recently sold in a $5.5 mil ($167/sf) transaction. The property, located at 4319 Thousand Oaks Dr, just north of Wurzbach Pkwy, was purchased by Amargosa Palmdale Investments LLC.
The free-...
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• Office Building in Dallas’ Freeport Area Sells for $20 Mil
9/02/14
In a Dallas area investment buy from a month or so ago, a partnership of Stanton Road Capital LLC and Vancouver-based Second City Real Estate purchased a 159k sf office building at 3660 Regent Blvd, in the city’s Freeport sub...
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• Dominion Mortgage to Provide Loans of Up to $30 Mil on Challenging Multifamily Deals
8/28/14
Dominion Mortgage Corporation, the residential and multifamily lending division of Los Angeles-based Dominion Corporation, has introduced a new multifamily portfolio lending program that can provide funding for a wide range o...
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• Pacific Southwest Realty Services Arranges $12.7 Mil on Three Walgreens Properties
8/28/14
Michael Tanner, Vice President in Pacific Southwest Realty Services’ Los Angeles office, has arranged three loans totaling $12.7 mil secured by three retail properties leased by Walgreens located in Portland, OR; Chesapeake, ...
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• Small Building in Union Square Goes for Big Dollars
8/28/14
A New York-based investment firm has purchased 69 Maiden Lane, the smallest building in San Francisco’s fabled Union Square District, for $4.315 mil, pushing the per-square-foot price in that tony neighborhood to within a whi...
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• Portland Medical Building Sells for $283/sf
8/22/14
A 12k sf primary care medical building in Portland sold for $3.4 mil ($283/sf). The building sits on 1.13 acres located at 3033 SE Monroe St, on the east side of the Willamette River. The property was originally built in 1988...
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• Mark Jeffries Joins Denver Office of Johnson Capital
8/21/14
Mark Jeffries has joined Johnson Capital’s Denver, CO office as Vice President. In his new position, he will focus on originating debt and equity financing for all types of commercial properties.
Over his career, Mark has bee...
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• Vancouver, WA Office Property Acquired by Cowlitz Indian Tribe
8/21/14
The 78th Street Building, a 13.7k sf office property located at 7700 NE 26th Ave in Vancouver, WA, has sold for $1.445 mil ($105/sf). The buyer, Cowlitz Indian Tribe, plans to use the building as a medical office for the trib...
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• Transwestern Awarded Leasing Assignment for Katy, TX Office Development
8/20/14
Transwestern was selected as the exclusive leasing agent for Grandway West in Katy, TX. The 56-acre, corporate office development consists of five buildings totaling 780k sf. The property is owned by a joint venture between I...
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• New OC Res Development Includes Unique Rooftop Community Area
8/14/14
A unique, one-acre rooftop community area is part of the desirable amenity package at The Marke, a new apartment community in Orange County developed by Lyon Communities. The rooftop, which takes suburban apartment community ...
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• Draftsmen & Craftsmen
8/14/14
San Diego State University has begun work on a $53 mil renovation of its Zura residence hall. The design-build project is being done by Balfour Beatty Construction. It will provide upgrades and enhancements to the student hou...
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• Johnson Capital Arranged $14 Mil Bridge Loan on Sacramento Retail Center
8/14/14
Scott Meredith, Senior Vice President in Johnson Capital's Los Angeles office, has arranged a $14.35 mil loan secured by a 430k sf retail mall in Sacramento.
The property, Country Club Plaza, is an enclosed mall that was ori...
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• Swift Real Estate Partners Pays $8.6 Mil for Portland Office Asset
8/12/14
Swift Real Estate Partners paid $8.55 mil for a 50k sf office property with an underground parking garage and adjacent parking lot in Portland, OR. The property, located at 811 SW Naito Pkwy, was sold by ATC Partners LLC, a f...
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• Downtown LA Office Property from 1927 Sells for $19 Mil
8/12/14
A 12-story, 186k sf creative office building in downtown Los Angeles sold for $19 mil, or $102/sf. The multi-tenant building, located at 155 W. Washington Blvd, south of I-10 between Olive St and Broadway, was sold by San Mat...
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• Mesa West Provides $51 Mil for Two Bay Area Multifamily Buys
8/12/14
In separate financings, Mesa West Capital has funded two loans totaling $51.4 mil for the acquisition and renovation of multifamily properties in the San Francisco Bay area cities of Larkspur and Palo Alto.
“The San Francisc...
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• The Roseview Group and PM Realty Group Form Office Investment Fund
8/11/14
The Roseview Group and PM Realty Group (PMRG) have formed Roseview-PMRG Fund I LLC, a $250 mil discretionary fund to acquire and reposition office properties across the United States. Roseview made the investment on behalf of...
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• Karlin Real Estate and Trammell Crow Company Get Underway with Austin Office Development
8/08/14
Karlin Real Estate and master developer Trammell Crow Company have broken ground on Parmer 3.2, a new Class A, 192k sf office building. Parmer 3.2 is the first phase of new construction at PARMER, Karlin’s 400-acre master pl...
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• Thorofare Capital Funds $4 Mil Loan for Purchase of Final 20 Developer-Owned Units at Vegas Condo Project
8/08/14
Thorofare Capital has funded a $4 mil short-term loan to finance the acquisition of a 20-unit “bulk” condominium portfolio at The Martin in Las Vegas, NV. The sponsor, KCD Martin LLC, utilized the bridge financing to purchas...
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• Boulder, CO Flex/Office Property Bought By Texas Investor
8/07/14
A 171k sf flex/office building 100 percent leased by Lockheed Martin Corp in Boulder, CO was acquired by a Texas-based partnership. The buyer holds other, similar defense contractor-leased properties in its portfolio. The ter...
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