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• Johnson Capital Arranges $11.5 Mil Financing on North Dakota Hotel Property
4/14/14
Daniel Lisser, Senior Managing Director in Johnson Capital’s New York City office, arranged $11.55 mil in financing for the 147-room Grand Williston Hotel & Conference Center in Williston, North Dakota. The five-year fixed-ra...
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• Salt Lake City Industrial Sale Comes in at $15 Mil
4/11/14
Pacific Landing III, a 345.7k sf distribution building in Salt Lake City, was bought by Exeter Property Group for $15 mil ($43/sf) in what we’re told is the largest industrial property sale in the city so far for 2014.
The b...
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• Richard Knorr Joins Johnson Capital as VP
4/10/14
Richard Knorr has joined Johnson Capital’s Southern California team as Vice President in the Irvine office. In this new role, Knorr will be advising commercial property investors and arranging debt and equity financing for th...
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• Industrial Property Trust Spends $11.5 Mil on Houston Ind Facility
4/10/14
Industrial Property Trust Inc has acquired the newly constructed Century Distribution Center, a 149.5k sf distribution facility located in Houston, TX, for $11.5 mil ($77/sf). The Class A property is currently 100% leased to ...
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• Marcus & Millichap Names Top 10 Producers for 2013
4/09/14
National real estate services firm Marcus & Millichap Capital Corp (MMCC) has named its top 10 loan originators of 2013. Seven of the top 10 are based in Southern California.
MMCC’s top 2013 loan originators in descending o...
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• Lincoln Property Company Awarded Management Assignment for Anaheim Regional Transportation Intermodal Center
4/08/14
Lincoln Property Company has been selected as the new property manager for the (ARTIC), the $188 mil transportation hub that is currently transforming the skyline between Honda Center and Angel Stadium in Anaheim. Upon comple...
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• JCR Capital Launches Third Fund
4/04/14
JCR Capital (JCR), a Denver-based finance company catering to middle market commercial real estate sponsors, has launched its third fund, the JCR Capital Commercial Real Estate Finance Fund III, LP. JCR is targeting a total...
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• Hines to Develop 23-Story Office Tower in Houston’s Victory Park
4/02/14
Texas-based Hines has announced plans for a new 23-story office tower in Houston’s Victory Park. The 470k sf tower will be located at 2371 Victory Ave, just north of Hines' One Victory Park development.
The Cla...
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• Laurie Lyons Joins Cardinal Group Management
4/02/14
Laurie Lyons has joined Cardinal Group Management as a Principal. In her new role, Lyons will be responsible for business development, client relations and strategic consulting of property management operations.
Lyon’s nearl...
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• SAE Institute Goes Hollywood in 41k sf Lease
4/01/14
SAE Institute has inked a lease for 41.1k sf of office space at Hollywood Media Campus, a 105.4k sf creative campus situated on 2.97 acres in Hollywood. The property, the former home of Eastman Kodak's west coast headquarter...
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• Premier Business Centers Introduces Premier Access
3/27/14
Premier Business Centers, the country’s largest privately owned provider of executive suite space, has just introduced Premier Access, designed for small business owners, startups, home workers and others who want the use of ...
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• San Antonio Office Property Listed for Sale
3/26/14
Shavano Center III, a 63.5k sf three-story office building in San Antonio, TX has been listed for sale by the owner, a local developer. The property is listed by Scott Ryan of Marcus & Millichap, who tells us the asking price...
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• The Reserve Achieves LEED Gold Certification
3/26/14
The Reserve, a newly redeveloped Class A office building located in the Playa Vista area of West Los Angeles, has achieved Gold certification under the LEED Core and Shell rating system. The property, a former U.S. Post Offic...
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• Beech Street Capital’s Kristen Croxton and Greg Reed Recognized by CREW of Orange County
3/24/14
Kristen Croxton and Greg Reed, both senior vice presidents in Beech Street Capital’s Newport Beach office, were presented a Superior Performance in Real Estate (SPIRE) Award for lending from the Commercial Real Estate Women o...
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• Thorofare Capital Arranges $14.5 Mil Refi of UT Office Building
3/21/14
Thorofare Capital has provided a San Francisco-based real estate investment and asset management firm with a $14.5 mil senior, secured loan to refinance Lone Peak Center, an 87.7k sf, Class A office building in Draper, UT, ab...
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• Draftsmen & Craftsmen
3/20/14
A new $113 mil Health Sciences Biomedical Research Facility at the University of California, San Diego, (UCSD) in La Jolla was just completed. Built by McCarthy Building Companies Inc and designed by the Portland, OR office o...
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• San Antonio Office Park Trades Hands
3/19/14
Cherry Ridge Office Park, a four-building, 113.5k sf office complex, was sold by Cherry Ridge Realty LTD, a subsidiary of Houston-based Braun Enterprises. The property is located at 3201 Cherry Ridge St in San Antonio. The pr...
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• Pacific Southwest Realty Services Arranges $11.5 Mil Refi Loan on Three Westlake Village Office Buildings
3/18/14
Ted Willis of Pacific Southwest Realty Services’ Los Angeles office has arranged an $11.5 mil refi loan secured by three office buildings located on two properties in Westlake Village, CA. The buildings, known as The Courtyar...
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• Premier Business Centers Recognized by Inc. Magazine for Sustained Growth
3/17/14
Irvine-based Premier Business Centers was recognized by Inc. Magazine as one of the very few firms that met the magazine’s Build 100 criteria of sustained growth each year from 2007-2012. The magazine studied the growth of mo...
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• Fortis Property Group Acquires 380k sf of Austin Office Assets
3/14/14
In a major TX office buy, Fortis Property Group LLC recently purchased three buildings, Aspen Lake, Tower of the Hills and Tower Point, totaling 380k sf in Austin. Aspen Lake, a 205k sf building, was vacant at the time of acq...
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