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• Trio of Arizona Industrial Leases Total 143k sf of Space
5/22/25
We’ve got three separate industrial property leases totaling a combined 143k sf of space to report from Phoenix’s East Valley. CBRE’s Mike Parker represented the tenants, Abbot Label Inc, Phoenix Defense Ventures and Owl Vans...
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• Encinitas Multifamily Undergoes Extensive Renovation that Includes the Addition of Two Accessory Dwelling Units
5/22/25
RAF Pacifica Group has completed the renovation of Seaside Commons, a 26-unit multifamily asset located at 1201 N. Vulcan Ave in Encinitas. In addition to the interior and exterior upgrades on the existing structure, RPG also...
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• Beyond Richmond Office Buys Two Houston Office Properties Totaling 295k sf
5/21/25
Irvine-based Beyond Richmond Office LLC recently acquired two office properties totaling 295.7k sf in Houston’s Westchase submarket. The purchase includes 9800 Richmond Avenue, an eight-story 177.4k sf building, and 11000 Ric...
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• Newly Built Childcare Facility in the Sacramento Area Sells for Over $600/sf
5/20/25
A local private investor paid $6.1 mil for a newly constructed, 10k sf ($610/sf) single-tenant childcare facility occupied by The Learning Experience in Elk Grove, a suburb of Sacramento. The property was sold by Armstrong De...
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• WNC & Associates Closes Its WNC Institutional Tax Credit Fund 57, L.P.
5/19/25
WNC & Associates has closed WNC Institutional Tax Credit Fund 57, L.P. (Fund 57), a $228 mil fund which includes 26 multi-family properties across 17 states.
“WNC remains deeply committed to addressing the affordable hous...
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• Buchanan Street Partners Buys Newly-Built Las Vegas Self-Storage Facility
5/16/25
Newport Beach-based Buchanan Street Partners has acquired a newly-constructed, Class A, three-building self-storage facility in Las Vegas. The property was purchased for $21.8 mil in an off-market transaction directly from th...
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• HP Investors, in Partnership with Realm L.P., Invests in San Diego’s Office Market
5/16/25
HP Investors, in partnership with Realm, L.P., has acquired 1450 Frazee, a seven-story, 145k sf Class A office building in San Diego’s Mission Valley submarket in an off-market transaction valued at $20.25 mil ($140/sf).
H...
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• Unique 25-Acre Riverside County Estate Development Site Offered for Sale
5/15/25
We thought some of you might be interested in this listing for a 25-acre custom estate development site in the South Palm Desert area of Cahuilla Hills, in Riverside County. The site, roughly 15 miles south of Palm Springs, i...
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• Stauss Investments Spends $23 Mil on Carlsbad Office Property
5/15/25
In a Carlsbad office buy, Stauss Investments LLC purchased Wright Place, a 101.4k sf office building, for $23 mil ($227/sf). The property was sold by Harbor Associates.
The property is located at 1902-1903 Wright Place, nort...
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• Former Santa Monica Sears Building Transformed into a Temporary Location for Palisades Charter High School
5/15/25
Palisades Charter High School (PCHS) has completed the restoration and transformation of the former Sears department store in downtown Santa Monica into a temporary campus for the school. The fast-tracked project provides a s...
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• Panattoni Development Affiliate Spends $21 Mil on Vegas Industrial Buy
5/14/25
An affiliate of Panattoni Development acquired a three-property, 147.9k sf industrial portfolio in Las Vegas in a deal worth $21 mil, or $142/sf. The buildings were sold by Aristocrat Technologies.
The portfolio includes:
•...
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• Planned 261-Unit AZ Res Development Lands $58 Mil in Construction Money
5/13/25
A new, upscale 261-unit res project in Gilbert, AZ is one step closer to completion as the developer, Artom Holdings LLC, secured a $58 mil construction loan from PCCP LLC for the Class A development. The 220.6k sf project, T...
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• Casey Family Programs Leases 79k sf of Space in Downtown Seattle
5/12/25
Casey Family Programs has agreed to a lease for 79.2k sf of space in downtown Seattle. The organization’s new space is at 800 Fifth, a 42-story, 940k sf tower in the heart of the city’s Central Business District.
The propert...
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• Entrada Partners Picks Up 70-Unit Student Housing Community in Austin, TX
5/12/25
Entrada Partners has acquired 24Longview – a 70-unit, 243-bed, student housing community in Austin, TX. The property is located at 2401 Longview St, east of Hwy 1 and adjacent to the University of Texas at Austin. This is Ent...
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• Colorado Multifamily Building Sells for $237.5k/unit
5/09/25
An eight-unit multifamily building in Longmont, CO traded for $1.9 mil, or $237.5k/unit. The property, located at 3043 17th Ave, fetched the highest price-per-unit sale in Longmont so far in 2025.
The building was built in 1...
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• Los Angeles Retail Center Lands $21.5 Mil in Financing
5/08/25
Optimus Properties LLC has secured $21.5 mil in financing on Juanita Tate Marketplace, a 77k sf, grocery-anchored retail center located in Los Angeles. The property is located at the corner of E Slauson Ave and E Central Ave....
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• AZ Medical Office Building Trades for $367/sf
5/07/25
A 15k sf, single-tenant medical office property in Tucson, AZ was acquired by Elliot Bay Medical Properties Holdings III LLC in a $5.5 mil ($367/sf) transaction. Located at 4881 Grant Rd, the two-story building is fully lease...
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• Las Vegas Industrial Building Lands New Owner After $24 Mil Trade
5/06/25
In a Las Vegas industrial trade, an 83.3k sf, Class A facility in shell condition sold for $24.1 mil, or about $290/sf. We’re told that this is one of the highest price-per-square-foot transactions in the Las Vegas market for...
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• Mushmel Properties Buys Ralphs-Anchored Retail Property in Downtown L.A.
5/06/25
Mushmel Properties of Los Angeles purchased the 54.9k sf, Ralphs-anchored ground-floor retail component at Market Lofts, a mixed-use condominium development in Downtown Los Angeles. The asset traded for $20.9 mil, or about $3...
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• Capitol Engineering Spends $13 Mil on Phoenix Industrial Facility
5/06/25
In a recent Phoenix owner/user buy, Capitol Engineering Inc paid $13 mil for a 20.4k sf ($637/sf) freestanding industrial building in Metro Phoenix’s sought-after Sky Harbor Airport submarket. The facility, sitting on 11 acre...
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