|
LA-Area Kohl’s Sells at Record-Setting 4.8% Cap Rate 3/03/15 An 88k sf Kohl’s in the Los Angeles area just traded hands at a price of $21.95 mil, or about $249/sf. The single-tenant, NNN-leased property, which was acquired by a NoCal-based private investor in a 1031 exchange, sold for ...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
OC Walgreens Sells for $1,162/sf 3/03/15 A 13.8k sf Walgreens drugstore in Huntington Beach sold for $16 mil in a transaction that equates to $1,162 per square foot. According to Marcus & Millichap, that is the highest price ever recorded for a California Walgreens....
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
HFF Arranges $41 Mil in Construction –to- Permanent Money for OC MOB Development 2/27/15 San Diego-based Pacific Medical Buildings (PMB) has obtained a $41.25 mil construction-to-permanent loan for The Hoag Health Center – Irvine, a to-be-built 150k sf medical office development in Irvine. The project has been ...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
Hines and Novak Brothers Break Ground on Hotel Development in Georgetown, TX 2/25/15 Hines and its joint venture partner, Novak Brothers, have broken ground on The Sheraton Georgetown Texas Hotel and Conference Center in Georgetown, TX. Construction on the project is expected to be completed in summer 2016.
...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
100-Year-Old Building in Downtown LA Jewelry District Refinanced 2/25/15 Quantum Capital Partners secured $23 mil in first mortgage debt to refinance a 153k sf office building in Downtown Los Angeles’ Jewelry District. The borrower is a Los Angeles-based real estate investor operating as CJM Build...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
Allen Distribution Leases 1.28 msf of Space from Prologis 2/24/15 Allen Distribution, a third-party logistics provider, recently inked three leases totaling 1.28 msf in the Ontario area. The buildings are owned by Prologis and located within Prologis’ West Inland Empire portfolio of propert...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
Investors Spend Nearly $10 Mil on Two AZ Retail Buys 2/24/15 Two multi-tenant retail centers in Gilbert, AZ, a submarket of Phoenix, sold for a combined transaction value of $9.86 mil. The properties, totaling 68.2k sf ($145/sf) in size, were sold by affiliates of LNR Partners.
One of...
|
ViaWest Group Picks Up 50k sf AZ Office Property 2/23/15 ViaWest Group has boosted its portfolio with the recent purchase of a 49.5k sf multi-tenant office building in Tempe, AZ. The property, ConneXion (previously referred to as Transamerica Research Center), is located at 7855 S....
|
Houston-Area Residential Community Trades Hands 2/20/15 Hartford Park Apartment Homes, a 328-unit multifamily community located four miles from the Energy Corridor in Houston’s Westchase District, was purchased by Omninet Capital. The terms of the sale were not released.
B...
|
Wood Partners Breaks Ground on Dallas Res Development 2/19/15 In residential development news out of Dallas, TX, Wood Partners LLC has broken ground on Alta Yorktown, a six-acre, 226-unit multifamily rental community one mile west of the city’s downtown. Next to the hip new Trinity Grov...
|
Alhambra Developer Buys 344 Res Lots at Lake Las Vegas 2/18/15 Here’s news of a sizable residential land buy in the Vegas area, as Alhambra-based developer RY Properties and its investment partners purchased 344 partially improved lots on 127 acres at the former site of The Falls Golf Co...
|
Phillips Edison & Company Collects Over $38 Mil from Sales of Seven Retail Properties 2/18/15 Phillips Edison & Company, an institutional investment firm that owns more than 36 msf of retail properties across the US, recently sold seven properties totaling more than 800k sf of space in deals worth a combined $38.3 mil...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
Landmark One Santa Fe Development in Downtown LA is 55% Leased 2/12/15 Since opening in September, 2014, activity at the One Santa Fe mixed-use community in downtown Los Angeles has included over 260 lease signings and over 240 residences occupied, bringing the project to 55% leased. Designed by...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
ViaWest Pays $6.3 Mil for 95k sf of Phoenix Industrial Space 2/11/15 ViaWest Group recently picked up two multi-tenant industrial buildings, totaling 95.1k sf, in Phoenix for $6.3 mil ($66/sf). The buildings, located at 2950 E. Broadway Rd, are part of the Broadway Crossing industrial park.
C...
|
Bernards Lands Two New Inland Empire Community College Construction Projects 2/11/15 Bernards was recently awarded two significant community college building projects in the Inland Empire. One of the projects is the new, $21.8 mil Crafton Center at Crafton Hills College for San Bernardino Community College Di...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
CBRE Arranges $17 Mil in Bridge Financing on Oakland Office Property 2/10/15 CBRE Capital Markets’ Debt & Structured Finance team has arranged $17.2 mil in bridge financing for Latham Square, a 15-story, 118.2k sf office building located in Oakland. CBRE’s Brad Zampa, Michael Walker and Megan Woodring...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
Phoenix Res Complex Sells for $18 Mil 2/09/15 In an interesting Phoenix deal, Belkorp Holdings Inc has purchased Indigo, a formerly fractured condominium asset that over 24 months was transformed into a 108-unit, Class A apartment community. The asset was sold by Seattle...
|
Cushman & Wakefield Acquires Carlsbad-Based Property Tax Resources 2/03/15 Cushman & Wakefield has acquired substantially all the assets of Property Tax Resources (PTR), a leading advisory service based in Carlsbad. The move was part of C&W’s ongoing efforts to provide a national tax advisory practi...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
NAIOP SoCal Announces Its 2015 Executive Committee and Board of Directors 2/02/15 NAIOP SoCal has announced its 2015 Executive Committee and Board of Directors. The 40-person board includes representatives from a diverse array of the commercial real estate industry’s most successful companies.
The 2015 N...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|
Pathfinder Partners Wraps Up Initial Closing of Its Opportunity Fund V 1/28/15 San Diego-based Pathfinder Partners LLC has completed the initial closing of Pathfinder Partners Opportunity Fund V – a private real estate fund focused on acquiring multifamily and other residential real estate, both rental ...
Price: $4.99 Executive Subscriber Price: Free |
more » |
|