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Colorado Industrial Property Gets New Owner in $13 Mil Deal 10/17/22 Plum Tree Plaza, a four-building industrial property totaling 73.2k sf in Fort Collins, CO, sold for $12.9 mil ($176/sf) in an off-market transaction. The property is located two miles from Colorado State University, three mi...
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Washington State Industrial Investment Deal has a Price Tag of Almost $24 Mil 10/17/22 In a notable industrial trade out of the Pacific Northwest, Lacey Logistics, a 141.9k sf, Class A facility in Lacey, WA, sold for $23.8 mil ($168/sf). Lacey Logistics is located at 3130 Hogum Bay Rd NE in Thurston County, les...
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Canadian Buyer Spends $40 Mil on AZ Retail Center 10/17/22 Laveen Park Place, a Class A, 109.2k sf retail shopping center in the Phoenix metro area, was acquired for $40.3 mil ($369/sf) by Tradewinds Capital LP, a private investor out of Alberta, Canada. The seller was LB 59th LLC, a...
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Colliers Acquiring Controlling Interest in Arcadia Management Group 10/14/22 Real estate services firm Colliers will acquire a controlling interest in Arcadia Management Group Inc, a leading commercial real estate property management firm focused in the Southwest U.S. Arcadia’s senior leadership will ...
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San Diego Investment Entity Picks Up AZ Office Building in $14 Mil Deal 10/14/22 Tempe Commerce Center, a 65.9k sf flex office property in Tempe, AZ, sold for $14.15 mil, or $215/sf. The single-story, multi-tenant building, located at 7420 S Kyrene Rd, was 53% leased at the time of sale to a mix of commer...
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Arizona Development Site Snapped Up in $4 Mil Buy 10/11/22 A 4.18-acre development land parcel in Buckeye, AZ traded for $3.975 mil. The site, located at the northeast corner of Watson Rd and Sundance Pkwy, is expected to be used for construction of a medical office project.
Hammes ...
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Medline Leases 710k sf Facility in Salt Lake City 10/10/22 Medline inked a lease for a new 710k sf facility in Salt Lake City. Terms of the deal were not disclosed.
The facility, located at 264 South 5750 West is slated for completion in the fourth quarter. Medline plans to occupy t...
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Colorado Office Building Traded in $15.7 Mil Deal 10/07/22 A 69.9k sf office building in Greenwood Village, CO was acquired by a private investor for $15.7 mil ($225/sf). The building, located at 5500 Greenwood Plaza Blvd, was sold by Focus Property Group.
5500 Greenwood is situated...
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Harbor Custom Development Lands $39 Mil Loan for Development of WA Res Community 10/07/22 Harbor Custom Development Inc has secured $39 mil in construction money to complete the development of a 177-unit, garden-style multifamily community located in Lacey, WA, a suburb of the Seattle/Tacoma MSA. The non-recourse ...
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Work Finished on New $50 Mil Facility at Long Beach City College 10/06/22 Long Beach City College has completed work on a new, 95.5k sf multi-disciplinary facility located on their Liberal Arts Campus. The project was built by C.W. Driver Companies and designed by HPI Architecture.
Designed to be ...
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Bridge Logistics Properties Buys 200k sf TX Industrial Facility 10/05/22 Bridge Logistics Properties (BLP) has acquired a 203.4k sf, Class A industrial building in Grand Prairie, TX. The price was not given out.
The building, located at 804 W. Shady Grove Rd, is a recently delivered, highly funct...
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Architectural Firm MVE + Partners Opens Denver Office 10/05/22 Architecture and planning firm MVE + Partners is opening a new Denver studio as part of the firm’s steady expansion. The new office, located in the city’s vibrant Uptown neighborhood at 1900 Grant St, boosts MVE’s presence in...
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Link Logistics Picks Up Montebello Industrial Facility in $29 Mil Deal 10/04/22 Link Logistics has acquired an 82.2k sf industrial building in Montebello for $29.3 mil ($356/sf) in an off-market transaction. The facility sits on 3.12 acres at 1719 Chapin Rd, east of I-5 and north of Slauson Ave.
Jon Ren...
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Buchanan Mortgage Holdings Funds Three CA Loans Totaling $55 Mil 10/03/22 Buchanan Mortgage Holdings LLC (BMH), an affiliate of Buchanan Street Partners L.P., recently closed three loans in California totaling $55 mil. The financing deals were for development land in San Diego, an office to res con...
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DAHLIN Architecture | Planning | Interiors Acquires Design Line Interiors 10/03/22 DAHLIN Architecture | Planning | Interiors has acquired Del Mar, CA-based Design Line Interiors. DAHLIN will also be expanding its multiple practice team of accomplished designers dedicated to serving the needs of clients by ...
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Lease for 103k sf at the Contra Costa Logistics Center is an Enchanting Deal 10/03/22 Canadian-based live event production company Enchant inked a lease for 103k sf of space at the Contra Costa Logistics Center in Oakley, a NoCal city situated roughly midway between San Francisco and Sacramento. Terms of the d...
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Cypress West Partners Venture Buys 32k sf Phoenix Area Medical Office Buy 9/29/22 In a recent Phoenix area medical office buy, a joint venture between Cypress West Partners and an institutional real estate advisor acquired Simon Medical Plaza, a new, 32k sf building in Laveen, AZ. The purchased was finance...
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Teakwood Real Estate Partners Buys Self-Storage Facility in Mesa, AZ 9/28/22 Teakwood Real Estate Partners has acquired a 292-unit self-storage facility in Mesa, AZ. Westport Properties will oversee management and operation of the property, located at located at 462 S. Gilbert Rd, under the US Storag...
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Sacramento Office Building Trades for $55 Mil 9/27/22 A partnership between Seagate Properties and Cottonwood Group purchased 925 L St, a 168.8k sf, Class A, multi-tenant office building in downtown Sacramento, for $55.1 mil ($326/sf). The property was sold by a joint venture be...
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Leap of Faith Partners Secures Funding for 125-Unit Mixed-Use Project in Ventura 9/27/22 Leap of Faith Partners (LOF) has obtained a total of $66.9 mil of funding for a 125-unit, 10k sf mixed-use development in the city of Ventura. The financing consists of $14.5 mil in common equity and $52.4 mil in construction...
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