|
• Berkeley Partners Spends $24.5 Mil on San Jose Asset
6/24/21
Berkeley Partners purchased a 54k sf R&D facility in San Jose for $24.5 mil, or $454/sf. The property was sold by Goble Properties and Cojourn Companies.
Located at 2121 and 2125 Zanker Rd, the property was originally built ...
|
• Graycor Construction Completes New 57k sf AZ Facility for Rinchem
6/24/21
Work has been completed on a new 57k sf facility in Chandler, AZ for Rinchem, the world’s largest network of chemical and gas distribution centers. The new structure, built by Graycor Construction Company, increases Rinchem’s...
|
• Draftsmen & Craftsmen
6/23/21
Construction is complete on LA3, a new CoreSite Data Center in Downtown Los Angeles. LA3 is an expansion to the landmark United States Postal Terminal Annex, which was renovated and restored in 2001 into CoreSite’s current LA...
|
• Woodside Health Closes on $18 Mil AZ Office Buy
6/23/21
Woodside Health paid $18.2 mil for Arrowhead Executive Center, a 99k sf, multi-tenant office complex situated on 11.9 acres in Glendale, AZ. The asset was sold by Holualoa Companies.
Arrowhead Executive Center comprises eigh...
|
• TX Office Complex Lands $95 Mil Refi
6/23/21
San Diego-based Parallel Capital Partners Inc has received a $95 mil loan from Bank of America for the refinancing of Urban Towers, a Class AA, high-rise office complex spanning more than 850k sf in Irving, TX. Comprised of t...
|
• BLT Enterprises Repositioning and Rebranding 200k sf Hollywood Campus Property
6/22/21
BLT Enterprises is in the process repositioning of its recently acquired 200k sf creative campus, which the firm has rebranded as The Hollywood Exchange. The property, which currently encompasses 11 buildings spanning 6.4 acr...
|
• Built Development Finances Newly Constructed San Diego Res Project with $24.5 Mil Loan
6/22/21
Built Development has secured a $24.5 mil in financing for Cielo, a Class A, mid-rise multi-housing property located in downtown San Diego’s Little Italy neighborhood. Built acquired the land in 2014 and, upon receiving entit...
|
• EQ Exeter Property Group Buys 242k sf AZ Biz Campus
6/18/21
EQ Exeter Property Group bought a three-building, office and industrial property totaling 241.7k sf of space in Chandler, AZ. A price was not given out.
Located at 1890 and 1900 South Price Rd, and 3200 West Germann Rd, the ...
|
• Lighthouse Investments Buys 120-Key Hotel in Seattle
6/18/21
Beverly Hills-based Lighthouse Investments recently acquired the full-service, luxury Hotel 1000, a 120-key hotel located at 1000 First Ave in downtown Seattle. The price was not disclosed.
Completed in 2006, the property is...
|
• Base Equities Launches Debut Fund with Goal of $50 Mil in Commitments
6/17/21
Base Equities, a Los Angeles-based private equity firm that specializes in providing preferred equity to established sponsors in commercial real estate assets across the United States, has launched its new fund, Base Preferre...
|
• Healthcare Realty Pays $24.6 Mil for OC Medical Office Building
6/16/21
Healthcare Realty closed on the $24.6 mil purchase of Saddleback Professional Center, a 73k sf ($337/sf), medical office building in Laguna Hills. The property, located at 24012 Calle De La Plata, was sold by Miramar Capital....
|
• Silver Creek Development Acquires Arizona Office Property in $34 Mil Transaction
6/15/21
In an AZ office buy, Phoenix-based Silver Creek Development acquired Ascend at Chandler Airport Center, a 130.6k sf, Class A office building in Chandler, for $34.2 mil ($262/sf). The single-tenant investment is 100% leased on...
|
• Livingston Street Capital Buys Texas Adult Res Community
6/15/21
An affiliate of Livingston Street Capital has acquired a 180-unit, 55+ active adult apartment community in the Dallas-Fort Worth submarket of Lewisville, TX. The property has rebranded as Haven at Lewisville Lake.
Haven at L...
|
• Space Investment Partners Begins Redevelopment of Costa Mesa Retail/Office Property
6/11/21
Space Investment Partners has begun a major, multi-million-dollar redevelopment of, a 59k sf, mixed-use retail and office property located at 2651-2675 Irvine Ave in Costa Mesa. The firm acquired the property in 2019.
The ...
|
• Commercial Financing Briefs
6/10/21
SONNENBLICK-EICHNER COMPANY - Sonnenblick-Eichner Company arranged a $30 mil refi of a 78.5k sf, Class A office building located in Manhattan Beach that serves as the new global corporate headquarters of Fisker Inc. The three...
|
• BentallGreenOak Buys 373k sf TX Biz Park
6/09/21
SouthPark Commerce Center, a four-building, 100% leased, 372.8k sf Class A industrial/flex park in Austin, TX was acquired by BentallGreenOak on behalf of an institutional investor. The property was sold by KBS.
Built in 199...
|
• Western Realco and RREEF Purchase 222k sf of OC Office Buildings for Land Value
6/08/21
A joint venture of Western Realco and RREEF purchased four office buildings totaling 222k sf on approximately 13 acres in Lake Forest. The properties were acquired on a land basis with the intent to redevelop them into new hi...
|
• Recently Constructed Portland Res Community Refinanced with $49 Mil Loan
6/07/21
Holland Partner Group refinanced Kado NW, a recently constructed, 196-unit multifamily community in Portland, with a new loan of $49.4 mil.
Located at 1378 NW 18th Ave in Portland’s central business district, the project was...
|
• Invesco Real Estate and Westport Properties Buy 472-Unit CO Self-Storage Asset
6/07/21
Invesco Real Estate and Westport Properties have acquired a new, state-of-the-art self storage facility in the Denver suburb of Castle Rock, CO. The property will be rebranded under Westport’s US Storage Centers brand.
The p...
|
• Protea Properties Closes on $47 Mil of San Diego Commercial Real Estate
6/07/21
Protea Properties LLC purchased five San Diego-area commercial properties totaling 231.9k sf in a $47 mil transaction. Four of the properties are located in Chula Vista and one office building in Mission Valley.
This portfo...
|
Return to the Home Page - Etc... Etc... area
