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June 23, 2024
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• Buchanan Mortgage Holdings Funds Three CA Loans Totaling $55 Mil
10/03/22
Buchanan Mortgage Holdings LLC (BMH), an affiliate of Buchanan Street Partners L.P., recently closed three loans in California totaling $55 mil. The financing deals were for development land in San Diego, an office to res con...
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• DAHLIN Architecture | Planning | Interiors Acquires Design Line Interiors
10/03/22
DAHLIN Architecture | Planning | Interiors has acquired Del Mar, CA-based Design Line Interiors. DAHLIN will also be expanding its multiple practice team of accomplished designers dedicated to serving the needs of clients by ...
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• Lease for 103k sf at the Contra Costa Logistics Center is an Enchanting Deal
10/03/22
Canadian-based live event production company Enchant inked a lease for 103k sf of space at the Contra Costa Logistics Center in Oakley, a NoCal city situated roughly midway between San Francisco and Sacramento. Terms of the d...
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• Cypress West Partners Venture Buys 32k sf Phoenix Area Medical Office Buy
9/29/22
In a recent Phoenix area medical office buy, a joint venture between Cypress West Partners and an institutional real estate advisor acquired Simon Medical Plaza, a new, 32k sf building in Laveen, AZ. The purchased was finance...
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• Teakwood Real Estate Partners Buys Self-Storage Facility in Mesa, AZ
9/28/22
Teakwood Real Estate Partners has acquired a 292-unit self-storage facility in Mesa, AZ. Westport Properties will oversee management and operation of the property, located at located at 462 S. Gilbert Rd, under the US Storag...
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• Sacramento Office Building Trades for $55 Mil
9/27/22
A partnership between Seagate Properties and Cottonwood Group purchased 925 L St, a 168.8k sf, Class A, multi-tenant office building in downtown Sacramento, for $55.1 mil ($326/sf). The property was sold by a joint venture be...
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• Leap of Faith Partners Secures Funding for 125-Unit Mixed-Use Project in Ventura
9/27/22
Leap of Faith Partners (LOF) has obtained a total of $66.9 mil of funding for a 125-unit, 10k sf mixed-use development in the city of Ventura. The financing consists of $14.5 mil in common equity and $52.4 mil in construction...
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• DCG Fulfillment Leases 306k sf in Lathrop, CA
9/26/22
In a NoCal logistics lease, DCG Fulfillment inked a deal for 306.4k sf of space in Lathrop, about 10 miles south of Stockton. The space is part of a 610k sf industrial warehouse located at 3645 W. Yosemite Ave. The facility ...
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• NAIOP SoCal’s Annual Night at the Fights to be Held October 6 in Costa Mesa
9/23/22
NAIOP SoCal will hold its much anticipated industry event of the year, Night at the Fights, on October 6 at the OC Fair & Event Center, Hangar Building in Costa Mesa. More than 1,000 commercial real estate professionals are e...
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• Ellis Partners Buys 87k sf R&D Campus in Sunnyvale
9/22/22
Ellis Partners purchased an 87.1k sf value-add R&D campus in Sunnyvale for an undisclosed amount. The campus, located at 333 and 385 Moffett Park, is comprised of a 75.9k sf two-story building and an 11.2k sf one-story buildi...
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• Copper State Bolt & Nut Starts Work on Distribution Center in Goodyear, AZ
9/19/22
Copper State Bolt & Nut Co has broken ground on a new 39.5k sf, Class A distribution center on five acres they acquired within the PV 303 industrial park in Goodyear, AZ. The project represents an expansion of the Phoenix-bas...
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• NDL Group Inc Collects Over $5 Mil from Building Sales at Camino Al Norte Office Park in Las Vegas
9/19/22
Six grey shell office buildings totaling 33.8k sf within Camino Al Norte Office Park in North Las Vegas were sold to five private buyers in four deals worth $5.05 mil. The properties were sold by Las Vegas-based seller and de...
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• BLT Enterprises Closes on $130 Mil of SoCal Industrial and Creative Office Acquisitions
9/16/22
BLT Enterprises recently acquired seven SoCal industrial and creative office properties for a total of $130 mil. Located throughout Los Angeles County, Orange County, and San Diego County, California, the acquisitions total n...
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• Texas Single-Tenant Retail Ground Lease Trades Between Dallas Investors
9/16/22
A Dallas-based private investor purchased the ground-lease of a single-tenant retail property occupied by Salad and Go, a gourmet salad drive-thru restaurant chain, in Mesquite, TX. Located at 1950 N. Town East Blvd, the 800 ...
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• Silicon Valley Medical Office Building Sells for $552/sf
9/15/22
A 35.3k sf medical office building in San Jose was purchased for $19.5 mil ($552/sf) by the property’s current tenant, El Camino Health. The building, located at 625 Lincoln Ave, was sold by The Sobrato Organization. El Cami...
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• Private Investors Trade Office Building in San Diego’s Sorrento Mesa Area for $5.25 Mil
9/13/22
A 17.2k sf office building in San Diego’s Sorrento Mesa submarket traded to a local private investor for $5.25 mil, or $305/sf. Built in 1982, the property is located at 5752 Oberlin Drive. The two-story office building sits...
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• STAG Industrial Purchases 234k sf Fresno Industrial Property for $30 Mil
9/13/22
STAG Industrial, a publicly traded REIT, paid $30.04 mil for a 233.8k sf industrial asset occupied by Caro Nut in Fresno. The property was sold by Caro Nut, a producer of nuts and nut butters for blue-chip retail customers su...
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• AZ Developer Secures $57 Mil in Construction Money for 187-Unit Tempe Res Project
9/12/22
A Scottsdale, AZ-based commercial developer has obtained $57.9 mil in construction financing for a 187-unit multifamily development in north Tempe. The mid-rise, Class A project is located immediately adjacent to a Valley Met...
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• Preservation Equity Fund Advisors Picks Up Two Affordable Housing Communities in Colorado
9/12/22
Preservation Equity Fund Advisors LLC (PEF Advisors) has acquired Reflections Senior and Woodbridge Senior Apartments in Fort Collins, CO, two affordable housing communities located in a market with a high cost of living. ...
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• San Bernardino County State of the County and Regional Business Summit to be Held Wednesday, Oct. 5, 2022
9/09/22
San Bernardino County’s 2022 State of the County and Regional Business Summit will take place on Wednesday, Oct. 5, 2022. Each year the event attracts 1,000 business, government, and community leaders to hear more on what is ...
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