|
• Expanded Partnership with DoubleLine Capital to Boost Thorofare Capital’s Origination Platform
9/28/17
Thorofare Capital Inc is expanding its strategic partnership with DoubleLine Capital LP after receiving an additional capital allocation for a new commercial real estate lending program that will fund senior whole loans up to...
|
• Phoenix Industrial Building Traded in $16 Mil Transaction
9/26/17
Foster City-based Bailard purchased a 188.1k sf industrial building in Phoenix for $16.1 mil ($86/sf). The state-of-the-art industrial/flex building, situated on 11.3 acres at 7822 S. 46th St, is 100% leased to BAE Systems.
...
|
• Vegas Office Building Traded in $13.75 Mil Deal
9/21/17
City Center West A, a 105.8k sf office property in Las Vegas, traded hands in a $13.75 mil ($130/sf) transaction. The buyer was RFII Acquisitions LLC.
The building is located at 7201 W. Lake Mead Blvd. It is adjacent to U.S...
|
• Universe Holdings Buys Art Deco Apartment Property in LA’s Westlake Neighborhood
9/21/17
Nob Hill Towers, an Art Deco-themed apartment building constructed in the early 20th century near downtown Los Angeles, was acquired by Universe Holdings in a recent $12.6 mil transaction. The 52-unit ($242k/unit) asset is l...
|
• Idealab HQ Building in Pasadena Sells for $19.4 Mil
9/20/17
Private investors have purchased the 34k sf, Idealab headquarters building in Pasadena for $19.4 mil in an off-market transaction. The property, located at 130 W. Union Street in the city’s Old Town area, was sold by Fairway ...
|
• It’s a Wonderful Life for Industrial Tenants in Shafter
9/19/17
Wonderful Real Estate has started construction on a 1 msf, spec industrial building located within Wonderful Industrial Park, a 1,625-acre, rail-served industrial development in the CA town of Shafter, about 20 miles northwes...
|
• AZ Industrial Portfolio Trades in $24 Mil Transaction
9/18/17
TA Realty paid $24.5 mil for a 266.6k sf ($92/sf) industrial portfolio in the AZ cities of Scottsdale, Arizona and Tempe. The portfolio, comprised of four industrial/flex assets, was sold by The Hewson Company.
The propertie...
|
• Harcourt Developments Lands Bridge Loan on Historic Waterfront Building in Bellingham, WA
9/18/17
Harcourt Developments has obtained a $4 mil bridge loan on the Granary Building, a 56.5k sf, historic waterfront office building in Bellingham, WA. The loan was provided by iBorrow.
Located at 1208 Central Ave, the Granary B...
|
• Westcore Properties Buys 666k sf Bay Area Manufacturing Property
9/15/17
Westcore Properties has acquired Antioch Distribution Center, a two-building, 665.8k sf manufacturing/distribution property in the Bay Area city of Antioch. The property, located at 2200 to 2300 and 2110 Wilbur St, sold for $...
|
• Historic Medical Office Property in Phoenix Trades in Recent $5 Mil Deal
9/15/17
Grunow Memorial Medical Center, a 51.2k sf, two-story medical office building in Phoenix, AZ, was acquired by Meridian in a recent $5 mil ($98/sf) deal. The building, located at 926 East McDowell Rd, was sold by PacVentures, ...
|
• Three New Industrial Buildings Come Online at Valencia Gateway V Project
9/14/17
AEW Capital Management L.P and Sheridan Ebbert Development have completed construction of three new state-of-the-art industrial buildings -- totaling in 254.7k sf -- at the Valencia Gateway V project in Valencia. The building...
|
• Former Sausage Factory Transformed into Creative Office and Retail Space
9/13/17
San Diego-based Pathfinder Partners LLC and Denver-based Winfield Partners LLC have completed $7.4 mil in renovations to the historic Gold Star Sausage Co factory. The property is located at 28th and Walnut Streets in the hea...
|
• San Diego Area Medical Office Property Refinanced with New $29 Mil Loan
9/12/17
Pinnacle Medical Office, a primary care office in San Diego’s Scripps Ranch area, was recently refinanced with a $29 mil permanent loan. Located at 10670-10672 Wexford St, Pinnacle Medical Office provides services including p...
|
• Construction Started on Upscale Res Project in Brea
9/08/17
Western National Group, Anchor Real Estate Capital and Fantasia Holding Group have started construction of a new, luxury multifamily development in Brea. The project, slated to contain 206 units, is to be named Calligraphy.
...
|
• Venice Apartment Building Trades at 0.7% Cap Rate
9/07/17
Venice Beach Apartments, a fully occupied, five-unit apartment property that is just a short walk to Venice Beach, sold for $2 mil – or $400k/unit. The transaction came in at a record-breaking with a cap rate of .7 percent –...
|
• San Diego Office Tower Buy Financed with $43 Mil in Acquisition Money
9/06/17
San Francisco-based Swift Real Estate Partners financed its recent purchase of Five Thirty B, a 24-story, 232k sf Class A office tower in downtown San Diego, with $43 mil in acquisition money. Swift bought the asset, also kno...
|
• Grocery-Anchored Retail Center in Oxnard Sells for $24.5 Mil
9/06/17
Oxnard Vineyards, a 102.1k sf, grocery-anchored shopping center in Oxnard, was acquired by a private investor for $24.5 mil ($240/sf). The deal traded at a capitalization rate of 5.3%, in what we’re told is the lowest cap rat...
|
• Meridian Spends $26 Mil on Concord Office Asset
9/05/17
Meridian paid $26.2 mil for Sutter Square, a 174.7k sf ($150/sf), nine-story office building in Concord. The property, located at 1800 Sutter St, was sold by the Cranbrook Group, of Modesto.
Sutter Square was 78% leased at t...
|
• CO Investor Spends Over $30 Mil on Two Denver Multifamily Properties
9/05/17
Jeff Sanders, a Boulder-based investor with Mountain View Capital LLC, acquired two Denver-area multifamily properties with a combined 429 units in deals totaling $30.9 mil ($72k/unit).
One of the properties, Coronado Crossi...
|
• Tempe Res Property Trades in $25 Mil Deal
9/01/17
An entity formed by Laguna Point Properties LLC paid $25.7 mil for Anzio Apartment Homes, a 240-unit ($107k/unit), Class B multifamily property in Tempe, AZ. The asset, located at 1330 West Broadway Rd, was sold by WWC VII LL...
|
Return to the Home Page - Etc... Etc... area
