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• Aircraft Manufacturers Purchases OR Ind Facility
12/17/12
Aircraft Manufacturers RE LLC purchased a 204k sf manufacturing facility formerly occupied by Cessna Aircraft in Bend, OR for $3.1 mil ($15/sf). The property, located at 22550 Nelson Rd in the Bend Airport Enterprise Zone, ha...
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• ViaWest Picks Up 140k sf of Chandler, AZ Office Space
12/14/12
ViaWest Group recently acquired two commercial office buildings and five office condominium buildings totaling 139.8k sf of space within the “Chandler Midway Corporate Center” located at Chandler Blvd and Kyrene Rd in Chandle...
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• Overriding Core Issues for All LA Submarkets to be Focus of AIR’s 2013 Forecast Event
12/13/12
AIR Commercial Real Estate Association (AIR) has announced that its Annual Market Review and Forecast, one of the Greater Los Angeles Basin commercial real estate industry’s most respected annual forecast events, is set for t...
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• Walker & Dunlop Arrange $11 Mil on New Orleans Hotel
12/12/12
Walker & Dunlop recently arranged $11 mil in financing for Hilton Garden Inn French Quarter, located on the site of the historic First National Bank of Commerce complex in New Orleans, LA. This transaction is one of several t...
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• Johnson Capital Arranges $25 Mil for Brooklyn Hotel
12/05/12
Daniel Lisser, Managing Director in Johnson Capital’s New York City office, has arranged $24.8 mil in financing for the 133-room Marriott Fairfield Inn & Suites in the Boerum Hill neighborhood of Brooklyn.
The 12-story limi...
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• Kent, WA Industrial Facility Purchased by Owner/User in $7.5 Mil Sweet Deal
12/04/12
Sweetener Products Inc acquired a 101.9k sf industrial building in Kent, Washington to accommodate the firm’s expansion needs. The building, located at 8030 South 194th St, was purchased from international industrial REIT Pro...
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Executive Subscriber Price: Free
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• MIG Real Estate Converts Phoenix Hotel to Hampton Inn
12/03/12
MIG Real Estate has completed a $1.8 mil conversion of the Hotel Highland in Phoenix to the Hampton Inn brand. Renovations of the new Hampton Inn Phoenix-Biltmore include major upgrades to the hotel’s lobby, breakfast lounge ...
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Executive Subscriber Price: Free
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• CA Housing Market Continues Momentum as Confidence Grows
11/20/12
California’s housing market continued its momentum in October, posting strong year-over-year sales and price gains in nearly every county of the state, according to the latest data from California Association of Realtors® (C....
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• Frontier Communications Sells 290k sf WA Office Complex
11/13/12
Terms of the transaction were not disclosed but Frontier will lease back one of the two towers, totaling 165k sf, leaving the remaining tower of 125k sf available for lease.
Built in 1981 for GTE / Verizon, the two towers si...
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• CA Retail Briefs
11/09/12
SAN BERNARDINO (San Bernardino County) – A 1031 exchange buyer paid $2.975 mil for a 21.3k sf retail property located at 228 West Hospitality Lane. Built in 1989, the property is anchored by Soup Plantation. It was 88 percent...
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• Work Gets Underway on New $74 Mil LA County Metro Operations Facility
11/02/12
The Los Angeles County Metropolitan Transportation Authority (Metro) has begun work on a new $73.5 mil Metro Division 13 Bus Maintenance and Operations Facility. Designed to optimize the agency’s bus transit service throughou...
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• Jones Lang LaSalle Covers the OR Office Market
10/31/12
Here’s a review of a few recent OR office leasing deals, provided to us by real estate services firm Jones Lang LaSalle (JLL). JLL represented Huron Consulting Group in two separate lease transactions: a 35.7k sf lease at 600...
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• Prime Development Site in Bellevue, WA’s CBD Listed for Sale
10/29/12
One of the last remaining prime development sites in Bellevue's Central Business District has just come on the market. Located at 437 - 527 108th Avenue NE between One Bellevue Center and Key Center, the property consists of ...
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• Commercial Real Estate Financing Briefs
10/19/12
NEWMARK REALTY CAPITAL -- Eric Von Berg and Tom Dao of Newmark Realty Capital arranged $20.75 mil on a 220-unit, Class A apartment complex in Salinas. Newmark worked with Prudential Huntoon Paige to underwrite and close this ...
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• NAI Capital Launches Asia Pacific Group
10/19/12
NAI Capital has just launched a new division, the Asia Pacific Group (APG), which will be one of the largest Asian-specific groups among major commercial real estate brokerage firms nationwide. Based in Encino, NAI Capital i...
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• NoCal Distribution Center for Cost Plus Trades Hands
10/18/12
A privately held REIT purchased the Cost Plus distribution center in the city of Stockton. The asset, consisting of two Class A distribution warehouses totaling 1.04 msf, was acquired from Retail Properties of America Inc.
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• Oahu Seniors Housing Facility Lands $28.5 Mil in Fannie Mae Refi Money
10/12/12
MW Group Ltd has obtained $28.5 mil in Fannie Mae refi money for The Plaza at Mililani, a seniors housing community located in Mililani, HI. Walker & Dunlop, led by Russell Dey, provided the financing.
The Plaza at Mililani ...
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Executive Subscriber Price: Free
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• Commercial Real Estate Financing Briefs
10/01/12
NORTHMARQ CAPITAL -- Doug Austin, vice president of NorthMarq ‘s San Diego Regional office, arranged first mortgage refinancing of $6 mil for Oak Creek Shopping Center, a 27.8k sf shadow-anchored retail property located at 23...
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• PS Business Parks Awards Marketing Job for Two OR Biz Parks to CBRE
9/28/12
PS Business Parks has awarded the leasing assignment for two Portland-area business park properties to a CBRE team of Trevor Kafoury, Jason Green and Preston C. Greene. The properties are Cornell Oaks and Creekside Corporate ...
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• Johnson Capital’s Neal Churney Places Eight Loans Totaling Over $25 Mil
9/24/12
Neal Churney, CCIM, Senior Vice President in Johnson Capital’s Phoenix office, has this quarter closed eight different financing transactions totaling $25 mil for eight different property owners. The properties are a combinat...
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