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• Champion Real Estate Company Picks Up Hollywood Dev Site for $17 Mil
1/05/18
A Champion Real Estate Company entity has purchased a Hollywood development site for $17 mil. The property, located at 6212-6224 West Yucca Ave, 1756-1760 Argyle Ave and 1771 Vista Del Mar St, between Vine and Gower Streets o...
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• Draftsmen & Craftsmen
1/04/18
San Diego-based SCA Architecture (formerly known as Smith Consulting Architects) has completed the planning, design, and entitlements for a new 23-acre campus expansion on behalf of global communications company, Viasat, loca...
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• City of Orange Approves Latest Developments at Chapman University
1/04/18
Chapman University’s latest development project has been approved by the City of Orange. The project includes a new 402-bed student apartment building for upperclassmen alongside the adaptive reuse of one of the most valuable...
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• Chipotle Relocates Its Headquarters to 152k sf at New Denver Office Tower
1/03/18
Chipotle Mexican Grill has inked a 15-year relocation lease for 152k sf at 1144 Fifteenth Street, Hines’ new 40-story, Class A office tower totaling 671.1k sf in downtown Denver. The firm will use the space at its headquarter...
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• Terreno Realty Corp Pays $13 Mil for Five-Acre Industrial Site in Carson
1/02/18
Terreno Realty Corp paid $12.9 mil for a 5.1-acre industrial parcel in the city of Carson. The property was sold by Wilson Properties, a subsidiary of Distribution Now.
The property is located at 2315 E. Dominguez St, just 1...
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• Security Properties Buys 141-Unit Res Asset in Spokane Valley, WA
12/29/17
Security Properties purchased Eagle Pointe, a 141-unit affordable multifamily property in Spokane Valley, WA for $12.85 mil, or about $91k/unit.
Eagle Pointe is a garden-style community comprised of family units that are inc...
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• Virtua Partners Completes Two Phoenix Acquisitions
12/28/17
Virtua Partners has acquired two properties totaling 146 acres located in the West Valley of Phoenix.
One of the acquisitions, Bennett Meadows, is a 28-acre infill residential property located on the northwest corner of Sari...
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• JELD-WEN Extends 195k sf Lease in Vista
12/27/17
JELD-WEN has agreed to a long term lease extension for 194.7k sf at the North County Corporate Center in Vista. The Charlotte, NC-headquartered company - one of the world’s largest door and window manufacturers - is fully lea...
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• Burbank Res Asset Goes for $400k/Unit
12/26/17
In a year-end, LA-area multifamily acquisition, Essex Property Trust Inc purchased The Village at Toluca Lake, a 146-unit res property in Burbank, for $59 mil ($404k/unit). The two-building, non-rent controlled complex, locat...
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• Heitman Affiliate Acquires 475k sf Inland Empire Industrial Asset
12/22/17
An affiliate of Heitman LLC purchased 290 Markham Street, a 475.2k sf, newly developed, fully leased, state-of-the-art industrial warehouse on over 24 acres in the Inland Empire city of Perris. The property was sold by Circle...
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• LivCor Spends $115 Mil on 674 Res Units in Las Vegas
12/21/17
LivCor has purchased a two-property, 674-unit multifamily portfolio in Las Vegas for $115 mil ($170.6k/unit). The assets, which include Broadstone Talavera and Broadstone Flamingo West, were sold by a partnership between AEW ...
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• Lionstone Investments Refinances Four Santa Monica Assets with $57 Mil Loan
12/20/17
Lionstone Investments has refinanced two mixed-use properties and two creative office assets in Santa Monica with a new loan of $57.2 mil. The properties, totaling 126.6k sf of space, are located at 401 Santa Monica Blvd, 134...
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• Bixby Land Wraps Up $9.5 Mil AZ Industrial Buy
12/19/17
Bixby Land Company has purchased West 10 Business Center, a 146.7k sf industrial warehouse and distribution building in Phoenix, for $9.5 mil ($65/sf) in an all-cash deal. The fully leased project is fully occupied by three t...
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• Dedeaux Properties Closes Out an Active Second Half for 2017
12/18/17
Dedeaux Properties has closed the year by signing several major logistics companies to long-term leases for trucking facilities in key Southern California industrial markets.
In one deal, a Fortune 100 logistics company sign...
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• CA Res Portfolio Lands $156.5 Mil in Fannie Mae Money
12/18/17
Realty Center Management recently obtained $156.56 mil in Fannie Mae financing for a portfolio of four multifamily properties throughout California. Branden McBirney, Garrett LaBar and Vickie Wible with Berkadia arranged the ...
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• Food Distributor Buys 12.6-Acre Portland Site for New Build-to-Suit Facility
12/13/17
A local food distributor has purchased a 12.6-acre industrial site from Panattoni Development at Panattoni’s Portland Portal Distribution Center location in Gresham, OR. The buyer plans to construct a 135k sf food distributio...
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• MIG Real Estate Closes 176-Unit Res Buy in Phoenix
12/13/17
MIG Real Estate purchased Bayside Apartments, a 176-unit rental property located in Phoenix. Bayside Apartments will undergo significant enhancements as MIG creates a more attractive housing option in a burgeoning area where ...
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• AZ Hotel Trades
12/13/17
Glacier House Hotels has acquired the Best Western Plus Arroyo Roble Hotel & Creekside Villas in Sedona, AZ. The high-end, boutique resort is located at 400 North State Route 89A, in in the heart of the city’s Uptown area. Th...
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• Commercial Real Estate Financing Briefs
12/11/17
GREYSTONE - A 33-unit multifamily property in Century City was refinanced with a $10.1 mil loan funded through First Pacific Financial. The 10-year, fixed-rate Fannie Mae loan was arranged by Matt Stevens of Greystone. The Cl...
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• EverWest Real Estate Parters Picks Up 50k sf South Bay Office Asset
12/08/17
EverWest Real Estate Partners, in partnership with Chilean-based fund manager Frontal Trust, has purchased the 50k sf LINQ creative office project in Redondo Beach. The property, located at 2400 Marine Ave, is primarily occup...
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