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• Transwestern Lands Leasing Assignment for Valley Ranch Commerce District
10/22/14
The Signorelli Company has awarded the leasing assignment for Valley Ranch Commerce District in Texas to Greg Tilton of Transwestern. Valley Ranch Commerce District is a new office park development that will be located at the...
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• Health System-Leased Portfolio Listed for Sale
10/21/14
A group of physician owners has listed for sale its 10-property, 61.5k sf health-system-leased portfolio located throughout Northern California's wine country. The properties offer future development opportunities, according ...
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• Centric Commercial Joins CORFAC International
10/21/14
Austin, TX-based Centric Commercial has joined CORFAC International (www.corfac.com) as the network's fourth Texas firm in the Lone Star State.
Led by Founder/Principal Craig Couch and Principal Russell Todd, Centric Commerc...
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• Employees Happier and More Productive at CBRE’s Non-Traditional “Workplace360” Offices
10/21/14
One year after moving into CBRE’s Downtown Los Angeles “Workplace360” office, more than 90 percent of employees report that if given the choice, they would not return to their previous, traditional way of working. As part of...
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• Titan SenQuest Acquires Two Texas Senior Living Properties
10/20/14
Titan SenQuest Senior Living has boosted its Texas senior living portfolio with the recent acquisitions of two properties containing a combined 116 units. The senior communities are Governor’s Ridge Retirement & Assisted Livi...
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• McCarthy Cook & Co and Rialto Capital Management Buy Santa Clara Office Building
10/17/14
McCarthy Cook & Co recently acquired a 120k sf office building in Santa Clara, in a partnership with Rialto Capital Management LLC. The price was not disclosed.
Built in 1984, the two-story building in situated on 5.7 acres ...
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• San Francisco Office Buildings Awarded LEED Platinum Certification
10/17/14
Two office properties in San Francisco’s SOMA District have been awarded LEED Platinum certification. The properties, 680 Folsom St and 50 Hawthorne St, were owned by TMG Partners at the time the certification process was sta...
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• Eagle Group Closes $20 Mil in Short-Term Loans on Three Properties in California
10/16/14
Eagle Group Finance has funded three separate short-term, non-recourse loans totaling $20.24 mil, and secured by commercial real estate assets in West Los Angeles, Sacramento and Downtown Los Angeles.
In one of th...
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• Hines Wraps Up 25-Acre Land Buy for Chandler, AZ Mixed-Use Development
10/16/14
Hines has acquired a 25.5-acre site in Chandler, AZ for a mixed-use development to be called Chandler Viridian. The property is on the northwest corner of the Loop 101/Loop 202 interchange, adjacent to the Chandler Fashion Ce...
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• Two LA County Retail Sales Total Nearly $30 Mil
10/16/14
Two recent LA-area retail sales totaled up to $29 mil. The properties, Sierra Commons in Palmdale and Pacific Plaza in Torrance, have a combined 128k sf of retail space.
In one of the deals, an investment group led by LA-ba...
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• Photo Taken at LA’s One Bunker Hill a Winner in Annual CBRE Urban Photographer Competition
10/14/14
Check out this cool photo taken in the lobby of One Bunker Hill, one of downtown Los Angeles’ most historic and interesting office buildings. The photo was taken by American photographer Johanna Siegmann of Los Angeles, who w...
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• Auction.com Launches Financing Division
10/10/14
Auction.com has launched Auction Finance, a new division created to facilitate financing for commercial and residential real estate investors. The new line of business will be led by Executive Vice President Gordon Smith, for...
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• Dunhill Partners Buys 94k sf Retail Center in Houston
10/09/14
Dallas-based Dunhill Partners purchased Village Real, a 94.3k sf regional retail center in Houston. The terms of the sale were not released.
The shopping center is situated on 4.4 acres at 961 Nasa Pkwy, at the intersection ...
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• LA Firm Closes $25 Mil Salt Lake City Res Buy
10/07/14
Marking its entry into the Utah market, Los Angeles-based Gelt, Inc has acquired Murray Ridge Apartments, a 247-unit apartment community in Salt Lake City, for $25.5 mil ($103.2k/unit).
Situated on just over 10 acres at 4120...
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• Johnson Capital and Better Commercial Mortgage Arrange $62 Mil on Multi-State Retail Portfolio
10/06/14
Daniel H. Lisser, Principal and Senior Managing Director in Johnson Capital’s New York City office, along with Better Commercial Mortgage Inc, have jointly arranged $62.3 mil in financing for a multistate portfolio of five re...
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• MIG Real Estate Buys 246-Unit Texas Apartment Community
10/03/14
Newport Beach-based MIG Real Estate has purchased The Marquis at Roger’s Ranch, a 246-unit apartment home community in San Antonio, TX. The Marquis at Roger’s Ranch is located at 2727 Treble Creek, just off Loop 1604 between ...
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• CapRidge Partners Acquires 75k sf Austin Office Complex
10/02/14
CapRidge Partners has acquired Canyon at Wild Basin, a 74.6k sf, Class A office complex in Austin, TX. The property was sold by Boston-based Intercontinental Real Estate Corporation.
In the deal, Mesa West Capital provided ...
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• Construction Gets Started on New Residence Inn by Marriott in Pasadena’s Old Town
10/01/14
Fair Oaks Hotels LLC has begun construction on a five-story, 144-room Residence Inn by Marriott extended stay hotel in Pasadena. The $30.5 mil project, representing the first hotel to be constructed in Old Town Pasadena in mo...
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• Los Angeles Car Wash Spends $11 Mil on Two More Acquisitions
9/29/14
Los Angeles Car Wash Corporation recently wrapped up two more property acquisitions, valued at $11.4 mil, giving the company four purchases totaling $22.4 mil in the last three months.
In one of the recent deals, the compa...
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• JB Matteson Spends $22 Mil on WA Res Property
9/24/14
San Mateo-based JB Matteson Inc purchased Northshore Townhomes, a Class A, 86-unit, rental condominium property in Kenmore, WA, in suburban Seattle. The property was sold by was Grosvenor Americas USA Inc. Originally designed...
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