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• Ryan Plummer Rejoins Newmark as Executive Managing Director of the Firm’s Private Capital Group
2/21/25
Ryan Plummer has joined real estate services firm Newmark as Executive Managing Director of the company’s growing Private Capital Group. Plummer rejoins Newmark to play a key role in advancing the firm’s advisory services for...
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• Affordable Housing Project in Buena Park Breaks Ground
2/20/25
C&C Development and Riverside Charitable Corporation have broken ground on Lincoln Avenue Apartments, an affordable housing community in Buena Park that will serve families and veterans in need. Planned for four, three-story ...
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• MAG Capital Partners Buys Phoenix Industrial Building
2/19/25
MAG Capital Partners has purchased a 40k sf industrial building in Phoenix that is fully occupied by tenants Sunrun and Kaboomracks. The infill property sits on 3.14 acres at 2848 Sweetwater Ave.
The property is in the north...
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• Community Preservation Partners-Led Venture Acquires 60-Unit Affordable Housing Property in Bakersfield
2/19/25
CPP (Community Preservation Partners), in partnership with Bettencourt Properties and The Beneficial Housing Foundation, has acquired Sundance Apartments, a 60-unit affordable housing complex in Bakersfield. The venture...
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• New Affordable Housing Project for Transitional Age Youth Opens Its Door
2/18/25
The Aspire, a new 33-unit affordable housing community in the City of Riverside, has opened its doors. The community, a development of Innovative Housing Opportunities, is located at 3893 Third St, at the corner with Fairmoun...
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• Tucson Single-Tenant Building Sells for $2 Mil
2/17/25
An 8.2k sf single-tenant retail property in Tucson, AZ was purchased for $2.03 mil ($248/sf) by 4-D Properties LLP. The property is located at 3719 North Campbell Ave, near the northwest corner of North Campbell Ave and East ...
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• Unique Seattle Office/Retail Property Trades for $1.9 Mil
2/13/25
A 4.1k sf office/retail property in Seattle’s Wedgwood neighborhood that serves as Birds Connect Seattle’s headquarters was purchased in a $1.925 mil deal. The property sits on an 11.1k sf lot at 8050 35th Avenue NE.
The pro...
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• Innovative AI Technology Incorporated into Retail Experience at Utah Shooping Center
2/13/25
Outside the Lines (OTL), a design-build construction company, has launched Aquarius Interactive™, a new patented AI technology that is transforming the way guests interact with commercial property amenities.
“Aquarius Intera...
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• Zenith DeRosier, Adam Schneider, Stacey Stockmeyer and Chris Voros Named Vice Presidents at Snyder Langston
2/12/25
Zenith DeRosier, Adam Schneider, Stacey Stockmeyer, and Chris Voros have been elevated to the role of Vice President at Snyder Langston, the SoCal-based general contractor. The moves are in recognition of their years of servi...
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• Colorado Office Building Trades in $17 Mil Deal
2/11/25
An entity managed by Alloy Real Estate Capital LLC, out of Lafayette, CO, purchased a 104.7k sf, three-story office building on nearly seven acres in Colorado Springs, CO for $17.25 mil ($165/sf). Known as Tech Center VI and ...
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• Scottsdale Office Building Goes for $161/sf
2/10/25
Scottsdale Executive Square, a 29.8k sf office property in Scottsdale, AZ, was purchased for $4.8 mil ($161/sf) by a SoCal-based private investor. The property is located at 13951 North Scottsdale Rd, adjacent to Scottsdale A...
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• Clear Capital’s Scarlett Jia Tames Wins 2025 NMHC Young Guns Pitch Competition
2/10/25
Scarlett Jia Tames, Vice President of Acquisitions at Clear Capital, won the 2025 NMHC Emerging Leaders Young Guns Pitch Competition at the National Multifamily Housing Council (NMHC) Annual Meeting held at the ARIA Resort & ...
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• Westport Properties Buys 2,284-Unit SoCal Self-Storage Portfolio
2/07/25
Westport Properties has acquired a self-storage portfolio comprising two StorQuest Self Storage (managed) assets in Southern California. The properties, located in Carson and Carlsbad, total 2,284 units and 270.8k sf of space...
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• Visit Phoenix Signs Lease at CityScape Mixed-Use Campus
2/06/25
Visit Phoenix inked a lease for 24.7k sf at CityScape, a 1.2 msf mixed-use campus in Phoenix. The new lease maintains the non-profit organization’s downtown presence, where it promotes the Greater Phoenix market as a destinat...
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• Commercial Property in Spokane, WA Trades in $10 Mil Deal
2/06/25
A commercial property consisting of two retail buildings totaling 175.6k sf of space on a 9.39-acre site in Spokane, WA traded hands in a $10.2 mil transaction. The buyer was Burlington North LLC, a local development group le...
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• CapRock Partners Buys 117k sf Industrial Facility in Reno
2/06/25
CapRock Partners purchased 55 Vista Boulevard, a 117k sf, free-standing industrial building in Sparks, NV. The price was not disclosed.
Built in 1995, 55 Vista Boulevard is a single-tenant warehouse on a five-acre site withi...
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• RAF Pacifica Group Completes Work on New Escondido Industrial Project
2/05/25
RAF Pacifica Group (RPG) has completed construction of Escondido Logistics Center, a 147k sf, industrial development in Escondido. The $60 mil, two-building project was built with the latest in design standards.
Escondido Lo...
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• Joint Venture Pays $13.5 Mil for 16-Acre Tempe, AZ Dev Site
2/05/25
A joint venture consisting of Creation RE + PE, CrossHarbor Capital Partners, and Amherst recently closed on the acquisition of a 16-acre office-to-industrial conversion redevelopment site in Tempe, AZ. The trade had a price ...
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• SRS Real Estate Partners Expands OC Capital Markets Group
2/04/25
In a significant OC broker move, a team of 10 industry pros has joined up with SRS Real Estate Partners’ Capital Markets group out of the firm’s Newport Beach office.
In the move, Calvin Short, Aron Cline, and Gary Chou wil...
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• The Mahoney Group Inks Lease for 35k sf of Corp HQ Space in Chandler, AZ
2/04/25
The Mahoney Group recently agreed to an expansion/relocation lease for 35.2k sf of office space in Chandler, AZ. The company, which will use the space as its new corporate HQ, signed the deal at Chandler Freeway Crossing, a 4...
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