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• Interior Design Work on San Francisco Bay Area Res Development Done by Nadia Geller Designs
11/04/24
The interior design installation has been completed at Portico, an eight-story, 378-unit resort-style multifamily community on the waterfront of the San Francisco Bay. Located at 37 8th Ave in Oakland, Portico is a developmen...
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• Jamison and Arc Capital Partners Start Work on Conversion of L.A. Office Building into 236-Unit Res Tower
11/01/24
Jamison, in a joint venture with Arc Capital Partners, has started the conversion of a 13-story, 233k sf office building in L.A.’s Mid-City area into a mixed-use development with 236 multifamily units and 15k sf of street-lev...
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• New San Ysidro Owner/User Development Provides 132k sf of Office and Retail Space just North of the U.S. / Mexico Border
11/01/24
Work has been completed on a new, 132.4k sf six-story mixed-use structure in San Ysidro for Baja-Mex Insurance Services. The visually striking building was built by C.W. Driver Companies and includes a parking structure along...
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• Lennar Homes Acquires 11-Acre Res Development Site in Poway
10/31/24
Lennar Homes acquired Harmon Ranch on Oak Knoll, a 10.87-acre land development site in Poway, for $24.5 mil. The land is fully approved for 64 single-family homes.
Located at 12624, 12650 and 12702 Oak Knoll Rd, the property...
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• Private Investor Buys 48k sf Single-Tenant Office Building in Rancho Cucamonga
10/30/24
A private investor acquired a 47.7k sf, NNN-leased office building in Rancho Cucamonga, in a recent sale/leaseback transaction valued at $21.5 mil ($449/sf). The property was sold by Citizens Business Bank.
The Citizens Busi...
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• San Jose Affordable Housing Complex Refinanced with New $30 Mil Loan
10/30/24
The John Stewart Company has secured a $30.17 mil refi loan on Monte Alban Apartments, a 192-unit, garden-style affordable housing complex in San Jose. Built in 1970 and renovated in 2006, the property is located at 1324 Sant...
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• City of Industry Industrial facility Fetches $60 Mil
10/29/24
A 282.4k sf industrial property in the City of Industry was acquired for $59.9 mil ($212/sf) by Ardmore Home Design, a luxury wholesale furniture manufacturer and the building’s tenant. Built in 1981, the property is located ...
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• Hines Entity Buys 143k sf Medical Office Building in Sacramento
10/29/24
Sutter Medical Plaza, a 143.2k sf medical outpatient building in Sacramento, was purchased by a fund sponsored by Hines. The property, located at 1625 Stockton Blvd, sits on a five-acre parcel near Sutter Medical Center.
The...
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• Hacienda Business Park in Pleasanton Sees New Signings and Increasing Occupancy
10/28/24
Hacienda Business Park, a 900-acre mixed-use job center and housing development in the Bay Area city of Pleasanton, has seen continued positive absorption, with the vacancy rate dropping to a year-low of 14.47%, down from 15....
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• Storage Corner Group Acquires 116k sf NoCal Self-Storage/Mixed-use Asset
10/25/24
Storage Corner Group, a Bay Area based self-storage and light-industrial focused investment firm, has obtained a $7.5 mil permanent loan for the acquisition and recapitalization of Storage Corner Marina and Marina Business Pa...
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• Scottsdale’s Southwest Experience Center Rebrands to NextSpace
10/25/24
Southwest Experience Center, a 32.7k sf, multi-tenant showroom facility in Scottsdale, AZ, has rebranded to NextSpace to better reflect the facility’s focus on serving the wide swath of companies expanding or relocating in Ph...
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• Meridian Acquires Vacant AZ Medical Building with Plans to Renovate It for New Tenant El Rio Health
10/25/24
Meridian recently acquired a vacant 94.6k sf medical building in Tucson, AZ in an $8.05 mil ($85/sf) transaction. The building sits on a 9.27-acre parcel at 4888 N. Stone Ave.
The property will be fully occupied by El Rio He...
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• Liv Communities and Rockefeller Group Complete Work on 360-Unit AZ Res Community
10/24/24
Liv Communities and Rockefeller Group have completed work on and are now planning a November 2nd public open house event for Sol38 by Liv, a new, 360-unit residential community in Laveen, AZ. The project offers a range of ame...
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• C.W. Driver Companies Completes $59.8 Mil Visual Arts Campus for CSU Fullerton
10/23/24
C.W. Driver Companies has completed an 85.4k sf renovation and new construction combination project for California State University, Fullerton’s Visual Arts Complex. The $59.8 mil project includes the renovation and seismic u...
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• Hawkins Way Capital Picks Up 79-Unit Student Housing Property Near UC Berkeley
10/23/24
Hawkins Way Capital LLC has purchased Varsity Berkeley, a mid-rise student housing complex located at 2024 Durant Ave in Berkeley. Constructed in 2015, Varsity Berkeley is a thriving student housing complex featuring 79 units...
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• Unique L.A. Area Theater Property Hits the Market
10/22/24
Here’s some info on an interesting commercial property listing in Los Angeles that landed in our newsroom. The property is the historic, 100-year-old Highland Theater property in the city’s Highland Park area. The asset is lo...
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• Brown & Brown Insurance Renews 20k sf Phoenix Office Space
10/18/24
Brown & Brown Insurance, Inc, a global insurance brokerage and risk management company, inked a renewal lease for its 19.8k sf of Class A office space in Phoenix. Brown & Brown occupies the entire 11th floor at 2800 Tower, a ...
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• Nevada HAND Leases 22k sf of Las Vegas Office Space
10/17/24
Nevada HAND, the state’s largest developer, builder, and manager of affordable rental homes for low-income seniors and working families, agreed to a lease for 22.1k sf of office space in Las Vegas. Terms of the deal were not ...
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• Wentworth Property Company Buys Phoenix Industrial Assets in $17.5 Mil Sale/Leaseback
10/17/24
A joint venture led by Wentworth Property Company purchased the MarLam Industries Manufacturing portfolio, two buildings totaling 106.2k sf of space in Phoenix, in a $17.5 mil sale-leaseback deal. The buildings sit adjacent a...
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• Bolour Associates to Develop 61-Unit Res Project in East Hollywood’s Melrose Hill Neighborhood
10/16/24
Bolour Associates Inc has secured entitlements to build a seven-story, for-rent residential apartment building in East Hollywood’s Melrose Hill neighborhood.
Located at 4800 W. Melrose Ave in Los Angeles, the project will i...
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