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Uber HQ Complex in San Francisco Refinanced with New Loan for $500 Mil 2/12/25 A two-building, 586.2k sf office complex in San Francisco’s Mission Bay neighborhood has been refinanced with a new loan for $500 mil. The property, located at 1655 and 1725 Third St, is owned by a joint venture between affil...
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San Francisco Res Project Lands $108 Mil in Structured Debt 2/11/25 Presidio Bay Ventures has obtained $108.3 mil in structured debt to retire maturing construction financing for the Ventana Residences, a 193-unit, Class A multifamily community located at 99 Ocean Ave in San Francisco’s Outer...
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Creative Office Building in Mission Viejo Fetches $24 Mil 2/10/25 Cerro, a 71.5k sf, Class A creative office building in Mission Viejo, traded in a $23.9 mil ($334/sf) transaction. The four-story, institutional-quality structure sits on 3.82 acres at 27401 Los Altos, east of I-5 and just no...
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Work Completed on 97-Unit OR Res Project 2/10/25 Construction is now complete on Arts Plaza Apartments, a four-story, 97-unit mixed-use building in Gresham, OR. The $26 mil project, a development of Gibbins Kaplan Development and Capstone Partners, is located at 492 N.E. Se...
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Commercial Real Estate Financing Briefs 2/07/25 AVATAR FINANCIAL GROUP -- Avatar Financial Group LLC has provided a $56 mil loan for Williams Village, an infill redevelopment project in Boulder, CO. The two-year loan allows the borrower to buy out two remaining ground leas...
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MG Properties Wraps Up $309 Mil Res Buy in Downtown San Diego 2/06/25 MG Properties recently completed its purchase of Park 12 Apartments, a 718-unit, 35-story high-rise residential community in downtown San Diego, in a $309 mil transaction. The property was sold by Greystar.
The acquisition c...
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HSL Properties Completes $50 Mil AZ Hotel Portfolio Buy 2/06/25 HSL Properties acquired an Arizona hotel portfolio comprising a 180-room Sheraton and 129-room Courtyard by Marriott hotels in Mesa for a combined price of $50.25 mil. The portfolio also includes 15k sf of retail spaces, a co...
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Calabasas Office Building Acquired by Cross Ocean Partners and Palisade Group 2/05/25 A joint venture between Cross Ocean Partners and Palisade Group purchased 4500 Park Granada, a three-story Class A office building in Calabasas, California. The price was not disclosed.
The property is situated on a 20-acre ...
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Breakthrough Properties Acquires San Diego Life Science Campus in $159 Mil Deal 2/04/25 Breakthrough Properties, a joint venture between Tishman Speyer and biotechnology investment firm Bellco Capital, purchased MUSE, a 186k sf life science campus in San Diego, for $159 mil ($855/sf). MUSE consists of three buil...
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J. Fisher Companies Lands $60 Mil Loan for Salt Lake City Res Development 2/03/25 J. Fisher Companies is set to start work on The Edison, a seven-story, 201-unit multifamily community in Salt Lake City, after securing a $60 mil senior loan for the project. The loan was provided by PCCP.
The development is...
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Otto International Leases New 254k sf Facility at The HUB in Ontario 2/03/25 Otto International Inc has inked a 154-month lease for a 254.7k sf building at The HUB, a master-planned logistics park currently under development in Ontario. Otto International’s building is located at 3551 East Jurupa St, ...
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Culver City Creative/Mixed-Use Property Trades for $14.8 Mil 1/31/25 In a recent Culver City trade, Montana Avenue Capital Partners purchased a 57.9k sf, mixed-use building for $14.85 mil ($256/sf). The two-story, two-building property, known as Campus 56, is located at 5600-5650 W. Centinela ...
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Pathfinder Partners Spends $31 Mil on Washington Multifamily Buy 1/31/25 Pathfinder Partners has purchased Cedardale, a 126-unit multifamily community in Federal Way, WA, a suburban neighborhood located between Seattle, Tacoma and the Kent Valley. The property, located at 2501 SW 336th St, sold fo...
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OC Industrial Building Gets New Owner in $18 Mil Deal 1/30/25 A 55.4k sf industrial building in Buena Park was acquired by Products Go LLC in an $18.1 mil ($327/sf) trade. The property is located at 8401 Page St, just west of I-5 and just north of the 91 Fwy.
The freestanding building,...
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ZM Trucks Inks Deal for New 210k sf Manufacturing Facility in Fontana 1/30/25 ZM Trucks, a zero-emission commercial truck manufacturer, has inked a lease for a 210k sf industrial building in the city of Fontana for its first North American manufacturing plant. ZM Trucks is a subsidiary of ZO Trucks hea...
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Nuveen Real Estate Buys 500k sf Reno Industrial Portfolio 1/29/25 Nuveen Real Estate acquired Reno Industrial Portfolio, a five-building, 497.9k sf industrial portfolio in Reno, NV. Located next to the Reno-Tahoe International Airport, the portfolio is currently 100% leased. The price was n...
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ColRich Multifamily Buys 248-Unit Apartment Property in Fort Collins, CO 1/29/25 ColRich Multifamily has purchased Courtney Park, a 248-unit garden apartment community in Fort Collins, CO, for $64.1 mil ($258.5k/unit). The property was sold by JRK Property Holdings.
Located at 4470 S. Lemay Ave, the prop...
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Tower Capital Arranges $100 Mil in Construction Financing for Two Sunbelt BTR Developments 1/28/25 Tower Capital arranged nearly $100 mil in construction financing for the development of two build-to-rent (BTR) communities in Phoenix and Dallas, on behalf of two separate borrowers. Tower Capital’s Kyle McDonough, George Ma...
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Pacific Urban Investors Picks Up 250 Res Units in Downtown San Diego 1/28/25 Pacific Urban Investors acquired two multifamily communities in downtown San Diego totaling 251 units. The properties –– are located at 655 Sixth Ave and 677 Seventh Ave, respectively.
Both properties were completed in the ...
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Rockefeller Group Finishes Work on North Las Vegas Industrial Project 1/27/25 Rockefeller Group has completed construction of Cheyenne Industrial Park, a two-building, 145.6k sf industrial complex in North Las Vegas. The project, located at 3130 N. Lamb Blvd and 4375 E. Cheyenne Ave, will accommodate i...
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