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• Recently Completed Fort Worth Industrial Facility Trades
6/05/24
A 267.3k sf industrial property in Fort Worth, TX traded hands in a recent deal. The property, DFW Point35 – Building 1, located at 11085 Harmon Rd, is fully occupied by GITI Tire, which uses the site to distribute to local a...
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• Multifamily Property in Vancouver, WA Goes for $26.7 Mil
6/04/24
Thunderbird Village, a 182-unit garden-style apartment community in Vancouver, WA, traded hands for $26.75 mil, or $147k/unit. The asset was sold by NBP Capital.
Built in 1972, Thunderbird Village features one-, two-, and th...
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• Affordable Housing Project in L.A.’s Koreatown Neighborhood Set to Go with $24 Mil in Construction Money
6/04/24
Kingsley Apartments, a planned 136-unit, 100% affordable property in Los Angeles’ popular Koreatown submarket, is closer to becoming a reality after landing $24.4 mil in construction money.
The project is situated just three...
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• Hollywood Office Building Sells in $25 Mil Deal
6/03/24
A six-story, 86.6k sf office building in Hollywood has traded hands in a $25.5 mil ($294/sf) deal. The Class A property, located at 7083 Hollywood Blvd, at the intersection with La Brea Ave, is viewed as a value-add opportuni...
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• Construction Started on California’s First Man-Made Surf Wave Resort
6/03/24
Beach Street Development & Operations has begun construction on its DSRT Surf Resort. This 17-acre AO-designed destination in Palm Desert will be California’s first facility to offer man-made surf waves open to the public. Th...
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• TruAmerica Picks Up 288-Unit Res Community in Ogden, UT
5/31/24
TruAmerica Multifamily has acquired The Falls at Canyon Rim, a 288-unit multifamily property located in South Ogden, UT, approximately 25 miles north of Salt Lake City. The price was not immediately given out.
The Falls at C...
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• Vegas Area Office Property Fetches $570/sf
5/30/24
A 4.2k sf, single-story office building in Las Vegas traded hands in a recent $2.4 mil ($571/sf) transaction. The property’s existing floor plan provides exceptional efficiency and flexibility for a variety of uses.
The buil...
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• Anthem Development and ATX Acquisitions Team Up in Dallas Res Buy
5/30/24
A strategic joint venture partnership between Anthem Development and ATX Acquisitions has acquired Eleven600 Apartments, a 216-unit apartment building located at 11600 Audelia Road in Dallas, TX. The price was not disclosed.
...
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• CapRock Partners Acquires 244k sf Industrial Asset in Mesa, AZ
5/29/24
CapRock Partners has purchased Longbow Industrial Park, a new two-building, Class A industrial complex totaling 244.3k sf in Mesa, AZ. The 14.5-acre property was sold by a private investor.
Longbow Industrial Park is an effi...
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• Cardinal Group Buys 204-Unit University of Oklahoma Student Housing Property
5/28/24
Denver-based Cardinal Group has purchased The Flats at Norman, a 204-unit, 612-bed student housing asset in Norman, OK. The property, located at 730 Stinson St, is a prominent residence serving students at the University of O...
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• East Bay Logistics Extends Lease for 228k sf Washington Facility
5/24/24
East Bay Logistics inked an extension lease for its 228.3k sf logistics/distribution facility in Sumner, WA. The facility, where the Hayward-based firm provides supply chain management for coffee, sugar, and cocoa products, i...
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• Midway’s East River Receives 2024 Scenic Star Award by Scenic Houston
5/23/24
Midway’s East River has been awarded the prestigious 2024 Scenic Star Award by Scenic Houston. This accolade recognizes East River's commitment to enhancing the visual quality of Houston's public spaces through innovative and...
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• Hines Interests LP and Oaktree Capital Management Break Ground on East Bay Industrial Project
5/22/24
Work has started on Milmont Industrial, a new 267k sf Class A advanced manufacturing and distribution facility in Fremont, CA. The project is being developed by a venture of Hines Interests LP and Oaktree Capital Management, ...
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• Boutique Debt and Equity Capital Advisor Company Priority Capital Advisory is Launched
5/22/24
Priority Capital Advisory (PCA), a new boutique debt and equity capital advisor for middle market and institutional commercial real estate developers, owners, and investors, has just launched. Based in Century City in Los Ang...
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• BH Properties Picks Up 335k sf Seattle Shopping Center
5/21/24
BH Properties has acquired Pacific Place, a 2.08-acre, 335k sf upscale entertainment and shopping center in the heart of downtown Seattle. Strategically located at 6th Ave and Pine St between the Seattle Convention Center and...
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• San Diego Office Tower Lands $82 Mil Refi
5/21/24
Sunroad Enterprises has landed an $82.46 mil refi on Sunroad Centrum Office Tower, an 11-story, Class A office building totaling 274.8k sf in San Diego. The five-year, fixed-rate senior loan was arranged by JLL Capital market...
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• DXD Capital Kicks Off Construction on Hawaii Self Storage Project
5/20/24
DXD Capital has broken ground on a new Class A storage facility in Kihei, HI. Once constructed, the facility will have 357 individual storage units totaling 45.9k sf located in the Maui Research & Technology Park in Kihei.
...
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• AZ Office Property Gets New Owner in $5.4 Mil Deal
5/17/24
A Class A, two-story 31.4k sf office building in Glendale, AZ sold for $5.375 mil ($171/sf). The freestanding building was vacant at time of sale.
Located at 5656 W Talavi Blvd, the property is situated in a dense urban infi...
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• Fresno Self-Storage Facility Trades for $8.2 Mil
5/17/24
An affiliate of Pratt Street Capital LLC purchased a 1,085-unit self-storage facility in Fresno in a recent, $8.2 mil ($7.5k/unit) transaction. The property, Cherry Ave Self-Storage, is located on 5.74 acres at 1844 S Cherry ...
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• Birtcher Anderson & Davis and Nuveen Spend $26.5 Mil on San Diego-Area Industrial Asset
5/15/24
A joint venture between Birtcher Anderson & Davis and Nuveen acquired a 107.6k sf, multi-tenant industrial building located in San Diego’s Miramar submarket for $26.5 mil ($246/sf). The building is located at 7949 Stromesa Ct...
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