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Landrock LP and Pendulum Property Partners Buy Class Office Building in Glendale for $56 Mil 2/14/25 In a Glendale office buy, a partnership between Landrock LP and Pendulum Property Partners purchased 505 North Brand Blvd, a 329.4k sf, recently renovated Class A tower. The price was about $56 mil, or $170/sf.
The building ...
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WPT Capital Advisors Buys 1.1 msf of Warehouse Assets at Texas Industrial Campus 2/13/25 An affiliate of WPT Capital Advisors acquired two Class A, 100% leased warehouse buildings totaling 1.1 msf at Elizabeth Creek Gateway in North Fort Worth, TX. The purchase was financed with a loan for $72.4 mil provided by P...
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Unique NoCal Planned Resort Development Listing Hits the Market 2/13/25 Paraiso Springs Resort, a 235-acre fully entitled, planned luxury resort and residential retreat in California’s Santa Lucia Highlands area, has been put on the market. The seller is a private family who has owned the propert...
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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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