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April 18, 2024
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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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• The Calida Group Begins Construction on 360-Unit Henderson Res Project
8/07/14
Construction has begun on Elysian at The District, an upscale, 360-unit rental community in Henderson, NV. The project, a development of The Calida Group of Las Vegas, was designed by KTGY Group Inc, Architecture + Planning. ...
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• Vegas Industrial Asset Trades for Over $7 Mil
8/07/14
Escondido Industrial Park, a 153k sf industrial property in Las Vegas, recently sold for $7.3 mil ($48/sf). The distribution and warehouse facility, located immediately south of McCarran International Airport, was purchased b...
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• Single-Tenant WA Manufacturing Property Financed with New $20.8 Mil Loan
8/05/14
Capstone PF LLC has landed new financing of $20.75 mil for the Esterline building, a 216.2k sf, Class A manufacturing property in Everett, WA. Built in 2009, the Esterline building is LEED-certified and features 50k sf of g...
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• Auction.com Facilitates $121 Mil in Sales in June of This Year
8/05/14
Auction.com LLC, the nation’s leading online real estate marketplace, facilitated the closing of 42 commercial assets with a combined sales value of more than $121 mil in the month of June, marking the end of a strong first h...
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• RealFacts is now real Answers
8/04/14
Multifamily real estate data firm REALFACTS (www.realfacts.com) has changed its name to real Answers. Although the name may be different, industry pros will still be able to rely on the firm for up-to-date industry informatio...
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• Johnson Capital Arranges $18.5 Mil in Construction Money for WI Mixed-Use Project
8/01/14
Rob Friederich, Vice President in Johnson Capital’s St. Louis, MO office, has arranged an $18.5 mil construction loan for the development of a new mixed-use multifamily and retail project in Monona, WI. The development, call...
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• Dallas-Area Office Building Trades Hands
7/31/14
A partnership of Stanton Road Capital LLC and Vancouver-based Second City Real Estate purchased a 159k sf office building in the Freeport submarket of Dallas, in an off-market deal. The property, located at 3660 Regent Blvd, ...
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• CBRE Unveils Its Workplace360 in Ontario
7/31/14
CBRE unveiled a new office in Ontario as part of its global “Workplace360” initiative. The “free address” office incorporates leading-edge workspaces designed to support the way employees work today and in the future through ...
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• Thorofare Capital has Raised Over 80% of Goal for Its Fund III
7/30/14
Los Angeles-based Thorofare Capital has raised more than 80% of its intended goal of $250 mil for Thorofare Asset Based Lending Fund III, L.P. (“Fund III”). Thorofare is an alternative investment firm that specializes in comm...
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