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Texas Dev Site Being Sold Through Micoley.com Auction Site 12/24/14 Here’s the scoop on a prime, 12.258-acre development site that has become available in the eastern Texas in the town of Lufkin., about 120 miles north of Houston.
It is located off the U.S. 59 freeway and Loop 287, where tra...
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Steadfast Apartment REIT Adds an Oasis to Its Portfolio 12/24/14 Steadfast Apartment REIT paid $40 mil for The Oasis, a 252-unit apartment community in Colorado Springs, CO. The transaction represents the REIT’s entry into Colorado, and boosts its portfolio to seven apartment communities a...
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Premier Business Centers to Open Its First Location in Hawaii 12/23/14 Premier Business Centers will be opening their first executive office suite location in Hawaii in February 2015. Based in Irvine, Premier is the largest privately owned executive suite operation in the US.
Premier’s new 13.5...
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Transwestern Team in Fort Worth, TX Completes Over 500k sf in Industrial Sales Since September 12/23/14 Transwestern Principal Jeff Givens, Vice Presidents Sarah LanCarte and Todd Hawpe and Associate Tracy Georges, out of the firm’s Fort Worth, TX office, have completed more than 525k sf of industrial sales transactions since S...
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Security Properties and Enterprise Community Investment Inc Team Up with Colorado Springs Housing Authority in 160-Unit Buy 12/23/14 A venture of Security Properties, Enterprise Community Investment Inc and the Colorado Springs Housing Authority has acquired the Winfield Apartments, a 160-unit multifamily property in Colorado Springs, CO. The property was ...
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Global Industrial Distribution Inks Deal for 464k sf of Space in North Las Vegas 12/22/14 In a large industrial lease comp out of Las Vegas, Global Industrial Distribution agreed to a deal for 464.2k sf of space in a 123-month deal worth $21.8 mil ($0.38/sf/mo). The property, located at 3700 Bay Lake Trail in Nort...
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JS Western Nabs 114k sf Denver Retail Center 12/22/14 JS Western Retail Investments has acquired Greenbriar Plaza shopping center, a 114.1k sf retail center in Denver, for $8.2 mil ($72/sf). The property is situated on nine acres at 7041 to 7181 Pecos St.
Greenbriar Plaza is ...
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Draftsmen & Craftsmen 12/17/14 Construction is complete on Torrance Memorial’s new $480 mil Melanie and Richard Lundquist Tower. McCarthy Building Companies Inc served as general contractor of the hospital facility, which was delivered over four-and-a-half...
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Pair of New Industrial Facilities in La Verne Being Marketed for Sale or Lease 12/17/14 Two new, state-of-the-art industrial facilities, totaling 83k sf, in La Verne are being offered for sale or lease. The buildings, located at 1300 and 1306 Palomares Dr, just north of Arrow Hwy, are expected to be completed in...
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San Diego Affordable Housing Property to Be Recapitalized and Renovated 12/17/14 Chelsea Investment Corp has entered into a joint venture with Westminster Manor of San Diego Inc to renovate and recapitalize Westminster Manor, a 152-unit, high-rise apartment building in San Diego that provides affordable h...
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MIG Real Estate Completes 256-Unit Multifamily Buy in Texas 12/16/14 Newport Beach-based MIG Real Estate completed a significant multifamily in Texas, having acquired Alta Heights, a 256-unit apartment community in Houston.
Alta Heights is located at 145 Heights Blvd, three miles from Downtow...
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Simi Valley Production/Entertainment/Office Facility Listed for Sale 12/16/14 We’ve learned of a unique, state-of-the-art production and entertainment facility and Class A office complex in Simi Valley that has been listed for sale. The property is the Adventist Media Center, located at 101 West Cochra...
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DCT Industrial Trust Makes $12 Mil LA-Area Buy 12/15/14 In an LA-area industrial buy, DCT Industrial Trust paid $12.3 mil for a 101.7k sf ($121/sf) distribution building in Rancho Dominguez. The facility, located at 3136 Victoria Ave, was sold by CT Realty.
The property is 100 pe...
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Real Estate Capital Advisors Closes $7.7 Mil in Recent Loans 12/15/14 San Diego-based Real Estate Capital Advisors has closed five loan transactions totaling $7.7 mil for various properties in states throughout the U.S. including Alabama, California, Louisiana and Nevada.
The recently complet...
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Austin Buyer Picks Up 341-Unit Apartment Complex in Dallas 12/12/14 Bristol Square, a 341-unit apartment complex in Dallas, traded hands. The terms of the sale were not released.
Built in 1987, the property is situated on nearly 10 acres at 1720 John West Rd, near major employers such as UPS...
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Vista Industrial Facility Trades for Over $100/sf 12/11/14 In a recent San Diego-area industrial comp, a private investor paid $13.55 mil for a 128.5k sf ($105/sf), Class A industrial property in Vista. The property is located at 2611 Business Park Dr, east of Melrose Dr and south of...
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Texas Multifamily Portfolio Buy Funded with $151 Mil in Loans 12/10/14 Harbor Group International of Norfolk, Virginia recently acquired The England Group Portfolio, a 2,368-unit multifamily portfolio consisting of nine institutional-quality assets, in some of the most sought-after submarkets in...
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CBRE Team Arranges $17 Mil in Financing for Two Daly City Acquisitions 12/09/14 CBRE Capital Markets’ Debt & Structured Finance team has secured $16.7 mil in non-recourse financing for two separate properties in Daly City; a medical office located at 901 Campus Dr, and a retail center located at 2201 Jun...
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DivcoWest Closes $40 Mil NoCal Office Buy 12/04/14 DivcoWest just closed on a Bay Area office acquisition, buying Century Plaza, a 115.8k sf property in Foster City. The asset, located at 1065 East Hillsdale Blvd, was sold by the Marin County Employees’ Retirement Association...
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Private Investor Spends Over $13 Mil on WA Apartment Property 12/03/14 A private investor recently acquired Seasons on the Park, a 120-unit, garden-style multi-housing community in Battle Ground, WA. The property was sold by Transpacific Investments LLC for $13.35 mil ($111.3k/unit), free and cl...
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