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• Phoenix Class Multifamily Community Acquired by IMT Capital and an affiliate, IMT Residential
1/24/25
Marquis at Desert Ridge, a 370-unit Class A multifamily community located in the Desert Ridge neighborhood in north Phoenix, was acquired by IMT Capital, a Los Angeles-based privately held real estate investment firm, togethe...
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• The Koll Company Buys 142k sf Industrial Facility in Aurora, CO
1/23/25
The Koll Company purchased the RK Mission Critical building in Aurora, CO in a $15.8 mil, all-cash deal. The 142.4k sf ($111/sf), single-tenant industrial building, honored as ‘The Outstanding Building of the Year’ by BOMA fo...
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• CapRock Partners Starts Work on Phase 2 of 3.4 msf AZ Spec Industrial Project
1/23/25
CapRock Partners has broken ground on CapRock West 202 Logistics Phase 2, the final phase of a 183-acre, 3.4 msf state-of-the-art speculative industrial development in the Southwest Phoenix submarket. Phase 2 will consist of ...
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• Colorado Medical Outpatient Building Trades
1/22/25
Longmont Medical Campus, a 104.4k sf medical outpatient building located at 1551 Professional Lane in Longmont, CO, traded hands. The price was not disclosed.
The two-story multi-tenant facility was originally built in 2002 ...
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• The Toy Association Inks Lease for 95k sf in El Segundo
1/22/25
The Toy Association has signed a lease for 95k sf of space at 101 Continental, a 15-story, 339.5k sf office building in El Segundo. Terms of the deal were not disclosed.
The Toy Association will move into four floors of the ...
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• Erskine Property Group Spends $6.2 Mil on AZ Office/Flex Asset
1/22/25
In an Arizona office buy, Erskine Property Group LLC paid $6.2 mil for Arrowhead Professional Plaza, a 35.7k sf, ($174/sf) single-story office/flex building in Peoria. Located at 9051 W Kelton Lane, the multi-tenant building ...
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• Senior Housing Portfolio in Oregon Lands $40 Mil Refi Loan
1/21/25
A portfolio of three seniors housing communities totaling 344 units in Eugene and Springfield, OR was refinanced with a new loan for $40 mil. The properties are owned by a local operator.
The portfolio consists of Evergreen ...
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• NoCal Multifamily Brokerage Team of Keith Manson, Zachary Greenwood and Mac Watson Joins Cushman & Wakefield
1/21/25
The veteran NoCal multifamily brokerage team of Keith Manson, Zachary Greenwood and Mac Watson has joined Cushman & Wakefield to lead the firm’s Northern California Multifamily Capital Markets. The move will enable Cushman & ...
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• Expansion Lease by Foxx Development Brings Otay Mesa Industrial Development to 100% Leased
1/17/25
Britannia Tech Park, a newly constructed, 203.2k sf Class A industrial development in San Diego’s Otay Mesa submarket, is now 100% leased. The final tenant is Irvine-based Foxx Development Inc. which signed a long-term lease ...
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• Private Investor Spends Over $7 Mil on Tempe, AZ Industrial Property
1/15/25
A 39.8k sf manufacturing and distribution industrial building in Tempe, AZ traded hands in a $7.3 mil ($183/sf) deal. The property is located at 1326 West Fairmont Drive.
The asset acquired is centrally located in Tempe, wit...
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• Irvine Office Building Sells for $42 Mil
1/15/25
In an OC office trade, a SoCal investor paid $42 mil for a 310.9k sf ($135/sf) building in Irvine. The structure sits on 4.6 acres at 2600 Michelson, within the Irvine Business Complex.
The 16-story building includes an adja...
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• Realterm Closes on 13-Property IOS Portfolio Buy
1/13/25
Realterm purchased a 13-property industrial outdoor storage (IOS) truck terminal portfolio totaling 631.6k sf across 131 acres in seven major U.S. markets. The portfolio, which is 97% leased to 10 tenants, consists primarily ...
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• Advanced Manufacturing/R&D Facility in Seattle’s SoDo Neighborhood Lands $40 Mil in Financing
1/13/25
Affiliates of Avenue 55 and Columbia Pacific Advisors have obtained $40 mil in financing for Track6, a recently built 210.8k sf advanced manufacturing / research & development (R&D) facility located in the SoDo submarket of S...
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• Barker Pacific Group Founder and CEO Michael Barker Passes Away
1/10/25
Michael Barker, Founder and CEO of Northern California-based Barker Pacific Group, has passed away at 80 years old. Barker, who founded the company in 1983, died suddenly on Saturday, December 7, 2024, after falling while vis...
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• Montecito Medical Real Estate Spends $30 Mil on AZ Medical Office Property
1/10/25
Montecito Medical Real Estate purchased Chandler Medical Pavilion, a fully leased outpatient medical building totaling 65.9k sf of space in Chandler, AZ. The property traded for $30 mil, or about $455/sf.
Chandler Medical Pa...
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• City of Los Angeles Buys Five Acres of Land in Harbor City
1/09/25
The City of Los Angeles acquired 4.95 acres of vacant land in Harbor City in a $12 mil transaction. The seller was Brea Canon Oil Company.
Located at 23903 Normandie Ave in LA’s South Bay submarket, the site is currently und...
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• UCLA Launches New Master of Real Estate Development Program
1/09/25
UCLA is launching a master of real estate development program, or MRED, which combines the resources of America’s top-ranked public university with hands-on learning from industry leaders in one of the world’s most dynamic re...
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• Bay Area Industrial Outdoor Storage Portfolio Acquired by Realterm in a $25 Mil Transaction
1/08/25
Realterm has purchased the Fremont Industrial Outdoor Storage (IOS) Portfolio, comprising two fully leased properties totaling 267.2k sf in the prime Fremont submarket of Silicon Valley, in a $25.875 mil deal. The portfolio c...
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• Vegas Industrial Asset Picked Up in $12.5 Mil Deal
1/07/25
A private investor paid $12.5 mil for Edmond Russell Triangle, a 50.1k sf ($250/sf) industrial building in Las Vegas. The property, located at 5780 Edmond St, is fully occupied by Loomis U.S.
Chris Lexis, James Griffis and J...
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• Single-Tenant Salt Lake City Warehouse Trades
1/07/25
A freestanding 40.7k sf industrial warehouse with 2.25 acres of yard in Salt Lake City traded hands in an end of year deal. The price was not immediately disclosed.
Built in 2016 and located at 3255 West 500 South, the singl...
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