|
• Sterling Organization Wraps Up $22 Mil AZ Retail Buy
6/22/17
Sterling Organization has purchased Palm Valley Marketplace, a 107.6k sf, grocery-anchored shopping center in Goodyear, AZ. The property was acquired from a subsidiary of Regency Centers for $22.45 mil ($209/sf).
Palm Valle...
|
• Canyon Partners Real Estate Provides $21.6 Mil in Construction Money for Silver Lake Res Project
6/22/17
Canyon Partners Real Estate LLC has provided a $21.6 mil senior construction loan to finance the development of a 35-unit luxury condominium project located along Sunset Blvd in the Silver Lake neighborhood of Los Angeles. T...
|
• Industrial Owner/User Buys in Paramount and Sells in Santa Fe Springs in Deals Totaling $13.7 Mil
6/22/17
A 58.6k sf industrial property in the LA County city of Paramount sold for $9.31 mil ($159/sf). The property was purchased by Richard Elden, the owner and president of dbest products Inc, a manufacturer of lightweight, collap...
|
• Panattoni Development Buys 22-Acre WA Development Site
6/21/17
Lakewood Tacoma Gateway, 21.83-acre industrial development site in Lakewood, WA, has been purchased by Panattoni Development Company. It was sold by YKC LLC, a private investor.
The property, located at 14801 Spring Street ...
|
• Phoenix Restaurant Property Trades in Sale/Leaseback Transaction
6/21/17
The Vig Fillmore, a 3k sf restaurant property in Phoenix, has traded hands for $2.3 mil, or $767/sf. The seller will continue to occupy the property, located at 606 N. 4th Ave, as part of a sale/leaseback deal.
The Vig, know...
|
• Construction Tops Out on Mixed-Use Project in San Diego’s East Village
6/20/17
Construction on Shift, a 631k sf mixed-use community in downtown San Diego’s East Village neighborhood, has topped out. The project, being built by Swinerton, includes a 21-story post-tensioned concrete tower and two five-sto...
|
• Vegas Area Medical Office and Surgery Center Completed
6/19/17
PMRG has completed work on Henderson Medical Plaza, an 85k sf, multi-tenant comprehensive medical office building and surgery center in Henderson, NV. The project, located at 1050 Galleria Drive will be an integral part of th...
|
• Vegas Multifamily Property Goes for $16.6 Mil
6/16/17
Flamingo Chateau, a 136-unit res property in Las Vegas, has sold for $16.6 mil ($122k/unit). The property is located at 6570 W. Flamingo Rd, west of I-15 and Las Vegas Blvd.
Flamingo Chateau was built in 1992. The property o...
|
• Glass Fabricator Buys 71k sf Corona Facility in $10 Mil Deal
6/15/17
Liberty Glass Fabricators has acquired a newly constructed 71.1k sf, Class A industrial facility in Corona for $9.95 mil ($140/sf). The property was sold by a partnership of Acacia Real Estate Group and Adler Realty Investmen...
|
• Barrister Renews Executive Suite Location in San Diego’s Torrey Pines Area
6/15/17
Barrister Executive Suites Inc has renewed its lease for an 18.7k sf executive suites location in San Diego. The deal is for first floor space at The Torrey Reserve building, located at 11622 El Camino Real, adjacent to I-5 a...
|
• Ridge Breaks Ground on 351k sf Spec Industrial Project in Austin
6/14/17
Ridge, the industrial development arm of Transwestern Development Co, has broken ground on a 24.17-acre site that will house a 351.2k sf, speculative project in southeast Austin, TX. The project, situated within Southpark Com...
|
• Doyle Properties Spends $20 Mil on OC HQ Property
6/14/17
An 84.9k sf industrial property in Anaheim was acquired by Doyle Properties LLC for $19.81 mil ($233/sf) as part of a 1031exchange transaction. The asset was sold by Blackstone Group.
The property will be occupied by the Eco...
|
• Patagonia Works Buys 68k sf Industrial Asset in Ventura
6/13/17
Patagonia Works, the holding company for Patagonia Inc, purchased a 68k sf industrial property in the city of Ventura. The price was not disclosed.
The property, located at 5301 North Ventura Ave, sits on 7.87 acres of land...
|
• Hollywood Apartment Building trades Between Private Investors for $12.3 Mil
6/12/17
Hollywood Orchid, a 72-unit res property in Los Angeles, sold for $12.3 mil ($171k/unit), at $50k over the asking price. The property is located at 1772-1782 Orchid Ave, just west of Highland Ave at Franklin Ave.
Built in 19...
|
• Talonvest Capital Arranges $62 Mil in Construction Loans
6/09/17
Talonvest Capital Inc recently negotiated $37.8 mil of construction financing for The William Warren Group and $24.1 mil of construction loans for Metro Self Storage. The seven individual loans were funded through four diffe...
|
• South San Diego Industrial Facility Traded in $19 Mil Deal
6/09/17
A 205.8k sf, fully-leased industrial facility in south San Diego has sold for $19.3 mil ($94/sf). The facility is located at 2055 Dublin Dr, within close proximity to the Otay Mesa Port of Entry at the U.S./Mexico internation...
|
• Investor Buys 50k sf Value-Add Retail Asset in OR
6/07/17
Southgate Shopping Center, a 50.8k sf, value-add, multi-tenant retail strip center in the Southgate area of Portland, OR, was purchased by an unnamed private investor. It was sold by ML Commercial Properties Inc.
Southgat...
|
• AZ Neighborhood Center Fetches $320/sf
6/06/17
Tatum Plaza, a 29.5k sf, neighborhood shopping center in the Phoenix submarket of Cave Creek, AZ, has sold for $9.45 mil, or $320/sf. The property, located at 29455 N. Cave Creek Rd, east of I-17 and north of 101 Loop, was so...
|
• Cypress West Partners Buys 55k sf Medical Office Property in Bakersfield
6/05/17
Cypress West Partners has acquired Riverwalk Medical Plaza, a 54.9k sf, campus-adjacent medical office building in Bakersfield. The Southern California-based healthcare investment, leasing and property management firm acquire...
|
• Newly Completed OR Res Community Refinanced with $43.5 Mil Fannie Mae Loan
6/05/17
Walker & Dunlop recently arranged a $43.5 mil Fannie Mae refi loan for The Tennyson at Crescent Village, a newly constructed, Class A, townhouse- and loft-style property in Eugene, OR. Completed in early 2017, the 263-unit pr...
|
Return to the Home Page - Etc... Etc... area
