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• MIG Real Estate Pays $30 Mil for 100k sf OC Biz Park
11/07/23
MIG Real Estate has acquired Mission Viejo Business Center, a 100.3k sf industrial business park in Mission Viejo. The price was $30.3 mil, or $302/sf.
Mission Viejo Business Center consists of six multi-tenant industrial di...
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• Bacchus Management Group to Open New Restaurant at 220 Park Project Nearing Completion in Downtown Burlingame
11/07/23
Bacchus Management Group has signed a lease to transform the restored 1940s-era Burlingame Post Office into an iconic restaurant space at the base of the six-story 220 Park development. The project, a development of Dostart D...
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• Hanley Investment Group Kicks Off its 13th Year of Movember Fundraising to Support Men's Health
11/06/23
Hanley Investment Group Real Estate Advisors has launched its annual Movember fundraising campaign. This year marks the 13th consecutive year that Hanley Investment Group has joined the global movement to raise awareness and ...
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• Freedom West Homes Corporation Secures $27 Mil in Funding Commitments for Housing for People of Color in San Francisco
11/06/23
Freedom West Homes Corporation, a nonprofit limited equity housing co-operative in the Fillmore District of San Francisco, has secured $27 mil in funding commitments to-date to catalyze its revitalization providing low-income...
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• CentrePoint Properties Buys 99k sf CO Biz Park
11/03/23
CentrePoint Properties, a Denver-based commercial real estate investment firm, paid $16.65 mil for two industrial parks totaling 98.6k sf ($169/sf) across four buildings in Longmont, CO.
The properties are located at 1501-15...
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• MVE + Partners Takes Home Multiple Design Awards from American Institute of Architects (AIA)
11/02/23
MVE + Partners, a leading architecture, design and planning firm, received three coveted awards this week from the American Institute of Architects from both the Orange County (AIAOC) and Utah chapters.
Recognized for their...
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• Work Underway on New 70k sf Building for Malibu High School
11/02/23
Work has started on the first phase of Malibu High School’s expansion for Santa Monica-Malibu Unified School District (SMMUSD). The 70k sf state-of-the-art building, scheduled for completion in fall of 2025, will feature a li...
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• J.P. Harlow Joins Rockefeller Group as Managing Director
11/01/23
J.P. Harlow has joined Rockefeller Group as Managing Director for the West Region. Based in Seattle, Harlow will be responsible for expanding Rockefeller Group’s presence on the West Coast, specifically sourcing industrial, r...
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• Bellevue, WA Office Building Trades for $558/sf in Sale/Leaseback
11/01/23
First Citizens Bank has acquired a 33.2k sf office building Bellevue, WA in an $18.5 mil sale/leaseback deal. The building was sold by The Pacific Cataract and Laser Institute, which will lease back 15.5k sf of space on the f...
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• Phoenix Industrial Asset Lands New Owner in $7.2 Mil Trade
10/31/23
A 28.5k sf industrial complex in Phoenix was acquired by The Sacket Family Trust for $7.2 mil ($253/sf) in a recent transaction. The property was sold by Stos Partners, who acquired the asset in March 2022 for $4.5 mil.
The ...
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• Former Tech Disk Manufacturing Facility in Oregon Listed for Sale
10/31/23
A 108k sf, former tech disk manufacturing facility in Eugene, OR has been put on the market. Located at 3590 W 3rd Ave in the heart of the West Eugene Industrial Corridor, the facility encompasses more than 4.5 acres and offe...
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• Scottsdale Office Campus Being Redeveloped into a Destination Workplace
10/30/23
Vero Capital is re-branding and redeveloping Kierland I & II, a two-building office campus totaling 410k sf in Scottsdale. The construction work is planned for completion in third quarter 2024.
Reimagined as Inisio at Kierla...
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• Renovation Work to Get Underway at the Hyatt Regency Indian Wells Resort & Spa
10/27/23
Trinity Real Estate Investments is set to begin renovation work at the Hyatt Regency Indian Wells Resort & Spa, a 530-key hotel that the firm acquired roughly a year earlier. R.D. Olson Construction will be handling construct...
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• Fox Factory Leases 112k sf AZ Industrial Property
10/27/23
Fox Factory Inc signed a lease for a 112k sf industrial building in the northwest Phoenix, AZ submarket of Deer Valley. The deal has a total consideration of more than $12 mil – said to be one of the largest lease deals in th...
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• Caspian Investments Buys 280k sf Utah Industrial Facility
10/26/23
In a Utah industrial buy, Caspian Investments LLC purchased a 280.8k sf, Class A distribution center in Spanish Fork. The building is fully occupied by Young Living Essential Oils.
The facility is located at 3065 N. 200 E. a...
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• California Investor Picks Up Majority of AZ Multi-Tenant Biz Campus
10/26/23
The majority of Arrowhead Ranch Business Park, a six-building, 18-unit flex/industrial campus in Peoria, AZ, was purchased for $12.68 mil by a California-based private buyer in a 1031 exchange. The transaction consisted of 11...
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• Community Preservation Partners and The Hampstead Companies Pick Up 112-Unit Multifamily Property in Layton, UT
10/25/23
CPP (Community Preservation Partners), in a venture with The Hampstead Companies, purchased Skyline View Apartments, a 112-unit multifamily property in Layton, UT. Skyline View Apartments is comprised of eight two-story...
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• ASCH Leases 93k sf Full Building at Colorado Industrial Project
10/24/23
ASCH has linked the entire 93k sf Building 2 at Mulberry Connection, a Class A, spec industrial project developed by Comunale Properties in Fort Collins, CO. We’re told this is the largest industrial lease in Northern Colorad...
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• CapRock Partners Secures $32.9 Mil Loan on San Dimas Industrial Property
10/23/23
CapRock Partners obtained $32.9 mil in financing for 300 East Arrow Highway, a single-tenant industrial building totaling 165k sf in San Dimas. The new non-recourse loan was arranged by Greg Brown, Peter Thompson, Kyle White ...
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• Texas Industrial Complex Sees Two Full Building Leases Totaling 82k sf
10/20/23
There have been two full-building leases totaling more than 82k sf to report at NorthStar Industrial Park, a five-building, Class A industrial project on 79 acres at 100 FM 3083 in Conroe, TX. The leases include a 64.2k sf de...
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