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• Preferred Office Network Adds Premier Business Centers
11/03/14
Preferred Office Network, the only network of office business centers focused on corporate users, has added Premier Business Centers to its network of 76 members and 346 locations in the United States, Canada and Mexico. This...
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• AZ Retail Asset Acquired by Exchange Buyer for $13.7 Mil
10/31/14
A two-building, NNN-leased retail property in Peoria, AZ was purchased by El Rancho Company, a San Jose -based 1031 exchange buyer, for $13.7 mil ($268/sf). The 51.2k sf property is situated on just over five acres at 9320 W....
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• Dekel Capital Launches New JV-Equity Investment Platform
10/30/14
Dekel Capital has announced the launch of Dekel Strategic Investors (“DSI”) a real estate JV-Equity investment platform. Along with their partner, Santa Monica-based Mountain Capital Partners, DSI will provide JV-Equity at th...
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• Tryperion Partners Closes Second Fund in Two Years
10/29/14
LA-based Tryperion Partners LLC has closed its second fund in two years. Tryperion RE Fund II, LP (the “Fund”) raised $50 mil of fully discretionary committed capital in an initial closing, which may increase to $75 mil in s...
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• DCT Industrial Trust Picks Up 355k sf AZ Portfolio
10/28/14
DCT Industrial Trust has acquired a three-property warehouse portfolio from a Chicago-based global investment manager for $26.44 mil. The properties, totaling 355.4k sf, are all located in Tempe, AZ.
The portfolio includes: ...
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• Indian Bend Hotel Group Spends $10.4 Mil on Hampton Inn & Suites Scottsdale-Riverwalk
10/28/14
Indian Bend Hotel Group LLC paid $10.4 mil for the Hampton Inn & Suites Scottsdale-Riverwalk, a 101-key limited service hotel located at 9550 E. Indian Bend Rd in Scottsdale. The acquisition was funded with a $7 mil bridge lo...
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• Auction.com Facilitates Over $100 Mil in Hospitality Property Closings Over Four Months
10/23/14
Online real estate marketplace Auction.com facilitated the sale of 30 hospitality properties between June 1 and Sept. 30. The 30 asset closings, which ranged from limited-service properties to large full-service assets, repre...
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• CO Office Building Trades Hands
10/23/14
Plaza Colorado, an 89.2k sf, mid-rise office building in Greenwood Village, CO, was purchased by Elion Partners, a privately held real estate investment firm based in Aventura, FL. The property, located at 5889 S. Greenwood P...
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• Washington Industrial Property Purchased by Owner/User
10/22/14
Tidland Corporate Center, a 64k sf industrial building on a six-acre campus in Camas, WA, sold for $3.3 mil. The property, which has been a manufacturing site since the early 1950s, is located at 2305 SE 8th Street in Camas, ...
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• Transwestern Lands Leasing Assignment for Valley Ranch Commerce District
10/22/14
The Signorelli Company has awarded the leasing assignment for Valley Ranch Commerce District in Texas to Greg Tilton of Transwestern. Valley Ranch Commerce District is a new office park development that will be located at the...
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• Health System-Leased Portfolio Listed for Sale
10/21/14
A group of physician owners has listed for sale its 10-property, 61.5k sf health-system-leased portfolio located throughout Northern California's wine country. The properties offer future development opportunities, according ...
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• Centric Commercial Joins CORFAC International
10/21/14
Austin, TX-based Centric Commercial has joined CORFAC International (www.corfac.com) as the network's fourth Texas firm in the Lone Star State.
Led by Founder/Principal Craig Couch and Principal Russell Todd, Centric Commerc...
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• Employees Happier and More Productive at CBRE’s Non-Traditional “Workplace360” Offices
10/21/14
One year after moving into CBRE’s Downtown Los Angeles “Workplace360” office, more than 90 percent of employees report that if given the choice, they would not return to their previous, traditional way of working. As part of...
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• Titan SenQuest Acquires Two Texas Senior Living Properties
10/20/14
Titan SenQuest Senior Living has boosted its Texas senior living portfolio with the recent acquisitions of two properties containing a combined 116 units. The senior communities are Governor’s Ridge Retirement & Assisted Livi...
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• McCarthy Cook & Co and Rialto Capital Management Buy Santa Clara Office Building
10/17/14
McCarthy Cook & Co recently acquired a 120k sf office building in Santa Clara, in a partnership with Rialto Capital Management LLC. The price was not disclosed.
Built in 1984, the two-story building in situated on 5.7 acres ...
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• San Francisco Office Buildings Awarded LEED Platinum Certification
10/17/14
Two office properties in San Francisco’s SOMA District have been awarded LEED Platinum certification. The properties, 680 Folsom St and 50 Hawthorne St, were owned by TMG Partners at the time the certification process was sta...
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• Eagle Group Closes $20 Mil in Short-Term Loans on Three Properties in California
10/16/14
Eagle Group Finance has funded three separate short-term, non-recourse loans totaling $20.24 mil, and secured by commercial real estate assets in West Los Angeles, Sacramento and Downtown Los Angeles.
In one of th...
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• Hines Wraps Up 25-Acre Land Buy for Chandler, AZ Mixed-Use Development
10/16/14
Hines has acquired a 25.5-acre site in Chandler, AZ for a mixed-use development to be called Chandler Viridian. The property is on the northwest corner of the Loop 101/Loop 202 interchange, adjacent to the Chandler Fashion Ce...
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• Two LA County Retail Sales Total Nearly $30 Mil
10/16/14
Two recent LA-area retail sales totaled up to $29 mil. The properties, Sierra Commons in Palmdale and Pacific Plaza in Torrance, have a combined 128k sf of retail space.
In one of the deals, an investment group led by LA-ba...
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• Photo Taken at LA’s One Bunker Hill a Winner in Annual CBRE Urban Photographer Competition
10/14/14
Check out this cool photo taken in the lobby of One Bunker Hill, one of downtown Los Angeles’ most historic and interesting office buildings. The photo was taken by American photographer Johanna Siegmann of Los Angeles, who w...
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