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• San Diego Area Office Building Goes for $9.16 Mil
10/09/17
The Courtyard I, a 50.4k sf office building located in San Diego’s Sorrento Mesa submarket has sold for $9.16 mil, or $182/sf. The multi-tenant property was purchased by Encinitas-based Plaza Del Norte Inc.
Located at 6480 ...
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• NoCal Industrial Facility Purchased for $35 Mil by LDK Ventures
10/04/17
The North Bay Logistics Center, an 844k sf industrial building in Vacaville, was acquired by LDK Ventures in a recent transaction worth $35 mil ($41/sf). The building is located at 700 Crocker, just west of I-505 at Midway Rd...
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• Frontier Equity Buys 177k Office Building in Forth Worth
10/03/17
One Ridgmar Centre, a 177.2k sf, Class A office building in Fort Worth, TX, was purchased by Frontier Equity. The price was not disclosed.
One Ridgmar Centre is located at 6500 W. Fwy, in the Southwest Fort Worth office subm...
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• Trion Properties Pays $26.5 Mil for 88 Res Units in Fremont
10/03/17
Trion Properties has acquired an 88-unit multifamily property in the Bay Area city of Fremont for $26.5 mil, or $301k/unit. This is the firm’s fifth Bay Area acquisition in less than two years, bringing its portfolio in the a...
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• Nicola Crosby Spends Over $14 Mil on Phoenix Area Industrial Park
10/02/17
In a recent Phoenix industrial buy, Nicola Crosby purchased Pinnacle Peak Commerce Center, a 93.7k sf, state-of-the-art flex/industrial complex, for $14.2 mil ($152/sf). Pinnacle Peak Commerce Center is located at 23751 North...
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• Overton Moore Properties Starts Work on 300k sf Spec Industrial Project in San Leandro
10/02/17
Overton Moore Properties has awarded the leasing assignment for Marina Gateway Industrial Center, a new development located at 2000 Marina Blvd in San Leandro, to Kevin Hatcher, SIOR, and Bob Ferraro, SIOR, with CBRE.
OMP ha...
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• San Jose Office Building Trades in $21.5 Mil Deal
9/29/17
Nautilus Global Investment has acquired a Class A, two-story, 84.2k sf office/R&D building in San Jose for $21.5 mil ($255sf). The building, located at 1704 Automation Pkwy, is 100% NNN leased to Quantenna Communications Inc ...
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• Retail Center in Hawaii Sells for $22 Mil
9/29/17
Coconut Grove Marketplace, an oceanfront, 49.5k sf retail center on the Big Island of Hawaii, has sold in a $21.8 mil ($440/sf) transaction. The property, located at 75-5815 Ali’i Drive within the retail hub of Kailua-Kona, w...
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• Expanded Partnership with DoubleLine Capital to Boost Thorofare Capital’s Origination Platform
9/28/17
Thorofare Capital Inc is expanding its strategic partnership with DoubleLine Capital LP after receiving an additional capital allocation for a new commercial real estate lending program that will fund senior whole loans up to...
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• Phoenix Industrial Building Traded in $16 Mil Transaction
9/26/17
Foster City-based Bailard purchased a 188.1k sf industrial building in Phoenix for $16.1 mil ($86/sf). The state-of-the-art industrial/flex building, situated on 11.3 acres at 7822 S. 46th St, is 100% leased to BAE Systems.
...
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• Vegas Office Building Traded in $13.75 Mil Deal
9/21/17
City Center West A, a 105.8k sf office property in Las Vegas, traded hands in a $13.75 mil ($130/sf) transaction. The buyer was RFII Acquisitions LLC.
The building is located at 7201 W. Lake Mead Blvd. It is adjacent to U.S...
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• Universe Holdings Buys Art Deco Apartment Property in LA’s Westlake Neighborhood
9/21/17
Nob Hill Towers, an Art Deco-themed apartment building constructed in the early 20th century near downtown Los Angeles, was acquired by Universe Holdings in a recent $12.6 mil transaction. The 52-unit ($242k/unit) asset is l...
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• Idealab HQ Building in Pasadena Sells for $19.4 Mil
9/20/17
Private investors have purchased the 34k sf, Idealab headquarters building in Pasadena for $19.4 mil in an off-market transaction. The property, located at 130 W. Union Street in the city’s Old Town area, was sold by Fairway ...
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• It’s a Wonderful Life for Industrial Tenants in Shafter
9/19/17
Wonderful Real Estate has started construction on a 1 msf, spec industrial building located within Wonderful Industrial Park, a 1,625-acre, rail-served industrial development in the CA town of Shafter, about 20 miles northwes...
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• AZ Industrial Portfolio Trades in $24 Mil Transaction
9/18/17
TA Realty paid $24.5 mil for a 266.6k sf ($92/sf) industrial portfolio in the AZ cities of Scottsdale, Arizona and Tempe. The portfolio, comprised of four industrial/flex assets, was sold by The Hewson Company.
The propertie...
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• Harcourt Developments Lands Bridge Loan on Historic Waterfront Building in Bellingham, WA
9/18/17
Harcourt Developments has obtained a $4 mil bridge loan on the Granary Building, a 56.5k sf, historic waterfront office building in Bellingham, WA. The loan was provided by iBorrow.
Located at 1208 Central Ave, the Granary B...
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• Westcore Properties Buys 666k sf Bay Area Manufacturing Property
9/15/17
Westcore Properties has acquired Antioch Distribution Center, a two-building, 665.8k sf manufacturing/distribution property in the Bay Area city of Antioch. The property, located at 2200 to 2300 and 2110 Wilbur St, sold for $...
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• Historic Medical Office Property in Phoenix Trades in Recent $5 Mil Deal
9/15/17
Grunow Memorial Medical Center, a 51.2k sf, two-story medical office building in Phoenix, AZ, was acquired by Meridian in a recent $5 mil ($98/sf) deal. The building, located at 926 East McDowell Rd, was sold by PacVentures, ...
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• Three New Industrial Buildings Come Online at Valencia Gateway V Project
9/14/17
AEW Capital Management L.P and Sheridan Ebbert Development have completed construction of three new state-of-the-art industrial buildings -- totaling in 254.7k sf -- at the Valencia Gateway V project in Valencia. The building...
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• Former Sausage Factory Transformed into Creative Office and Retail Space
9/13/17
San Diego-based Pathfinder Partners LLC and Denver-based Winfield Partners LLC have completed $7.4 mil in renovations to the historic Gold Star Sausage Co factory. The property is located at 28th and Walnut Streets in the hea...
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