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• BAUER Group Signs Two Full Building Tenants at Its NorthStar Industrial Park in Texas
12/03/24
We’ve got two full-building industrial leases totaling 84.3k sf of space to report at NorthStar Industrial Park, a five-building, Class A industrial project in Conroe, TX. The 200k sf project, owned by BAUER Group, sits on 79...
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• USC Team Wins Silver Shovel at NAIOP SoCal’s Annual Real Estate Challenge
12/02/24
A five-member graduate student team from USC took home the silver shovel as the winner of the 27th Annual NAIOP SoCal UCLA vs. USC Real Estate Challenge, held November 21 at USC.
The competition featured five-member graduat...
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• Phoenix Commercial Property Trades for $6 Mil in Sale/Leaseback Deal
12/02/24
Wilson Terra Firma Holdings North America Inc acquired a 20.4k sf commercial property in Phoenix’s Sky Harbor International Airport submarket in a $6.1 mil sale-leaseback deal.
The property sits on 1.89 acres at 4107 E. Wins...
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• Interstates Leases 93k sf Full Building at Colorado Industrial Campus
11/27/24
Work has wrapped up on a full building, 93k sf tenant improvement project for Interstates, an industrial electrical solutions provider, at Mulberry Connection – the first Class A speculative industrial project to deliver in F...
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• Dunbar Real Estate Investment Management Spends $19 Mil on Riverside Biz Property
11/26/24
SoCal-based Dunbar Real Estate Investment Management has acquired Summit Business Center, a 138.7k sf business park in Riverside, in a $19 mil ($137/sf) transaction. Dumbar is a private equity firm specializing in repositioni...
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• Four Properties in Vegas’ Fremont East District Sold in Deals Totaling Near $8.5 Mil
11/25/24
Four properties in the Fremont East District of downtown Las Vegas sold for a total of $8.45 mil. The properties are part of the Estate of Tony Hsieh, a late American internet entrepreneur, Zappos.com CEO, and venture capital...
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• SKB and Arc Capital Partners Spend $19 Mil on Two AZ Industrial Facilities
11/25/24
A joint venture between Portland-based SKB and Los Angeles-based Arc Capital Partners acquired two advanced manufacturing buildings totaling 194k sf in Gilbert, AZ for $19.05 mil ($98/sf).
The freestanding buildings, locate...
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• Okland Capital Starts Work on 68k sf AZ Medical Office Project
11/22/24
Okland Capital has broken ground on Celebration Medical Center, a new 68k sf Class A medical office development in Gilbert, AZ.
The three-story state-of-the-art project is located at 3275 South Mercy Rd. Gilbert’s ongoing po...
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• Gateway Classic Cars Inks Lease for 44k sf at New Caliber Industrial Project in Peoria, AZ
11/22/24
Gateway Classic Cars is the first tenant to sign a lease at Caliber, a three-building, 411.9k sf Class A industrial development in Peoria, AZ. The project is a development of Greystar.
Under the lease, Gateway Classic Cars o...
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• Parallel Capital Partners Closes $14.5 Mil San Diego Industrial Buy
11/21/24
Parallel Capital Partners spent $14.5 mil on two freestanding industrial buildings totaling 72.8k sf ($199/sf) of space located at 5965 and 5975 Santa Fe St, just east of I-5 and south of Hwy 52 in San Diego.
The buildings w...
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• Bendetti Purchases Two TX Industrial Assets Totaling 114k sf
11/21/24
Bendetti has acquired a two-property industrial portfolio totaling 114.4k sf in Arlington, TX. The portfolio is strategically positioned in within the Dallas-Fort Worth industrial submarket, an infill location with significa...
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• Owner/User Buys 12k sf Commercial Property in Central Phoenix
11/20/24
A three-building, 12.4k sf commercial property in central Phoenix traded for $1.99 mil ($160/sf) in an all-cash deal. The high-visibility property is located at 1815 – 1827 E. Indian School Rd along a bustling main street th...
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• Hampton Inn & Suites by Hilton Seattle Downtown Lands $27 Mil Refi Loan
11/20/24
In a Seattle hotel financing deal, the 199-key Hampton Inn & Suites by Hilton Seattle Downtown was refinanced with a new loan for $27 mil. Hampton Inn & Suites by Hilton Seattle Downtown is a six-story, focused-service hotel ...
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• L.A. Investor Buys 250k sf San Gabriel Valley Shopping Center
11/19/24
Huntington Oaks Center, a 250.8k sf community shopping center in Monrovia, was acquired by an L.A.-based investor. The center is located at the intersection of Route 66 (Huntington Dr) and the Huntington Drive off-ramp of the...
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• Sudberry Properties Finishes Work on 360-Space Parking Structure at New Mission Valley Res Project
11/18/24
Sudberry Properties has completed construction of the 360-space, six-level parking structure at The Brynn, the firm’s fourth apartment community at Civita in Mission Valley. Sudberry is the master developer of the 230-acre Ci...
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• New K-8 School Completed for the Chino Valley Unified School District
11/17/24
Legacy Academy K-8 School at The Preserve at Chino, a 38-acre master-planned community, has been completed and is now open to the public. The all-new $51 mil public school will serve more than 1,250 students in the Chino Vall...
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• Inland Empire Power Center Lands $140 Mil Refi
11/15/24
Castle & Cooke has obtained $140 mil in new financing on Crossings at Corona, a Class A, 834k sf retail power center in Corona. The new loan was arranged by JLL and funded through Deutsche Bank AG.
Crossings at Corona was co...
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• Provident Realty Advisors Buys 800k sf Texas Office Complex
11/14/24
In a Texas office buy, Provident Realty Advisors purchased Lakeside Campus, a recently renovated, Class A property spanning 807.4k sf of space in the city of Richardson. The property, located at 2201 and 2221 Lakeside Blvd, w...
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• Woodside Health Development Closes $21 Mil Medical Office Buy in Phoenix
11/14/24
Woodside Health Development, LLC purchased Paradise Valley Plaza, a three-building, 100.2k sf multi-tenant office and medical complex in Phoenix, for $20.9 mil ($208/sf). Headquartered in Cleveland, OH, Woodside Health is a p...
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• Capstone Advisors Pays $578/sf for Coastal SoCal Retail Center
11/13/24
In a notable SoCal retail trade, Capstone Advisors bought Beachwalk Shopping Center, a 55.6k sf, coastal retail property in Solana Beach, for $32.125 mil ($578/sf). Beachwalk features a diverse tenant mix including food and b...
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