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• McDonald Property Group to Build 1.8 msf Inland Empire Distribution Facility for United Legwear & Apparel Company
7/13/22
McDonald Property Group will soon start work on a 1.8 msf, single-story 40’ clear distribution center strategically located in the Inland Empire city of Beaumont. The build-to-suit project is designed to meet the growing dema...
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• Res Community in L.A.’s Los Feliz Neighborhood Goes for $480k per Unit
7/13/22
Alliance Residential Company purchased Vue Los Feliz, a 134-unit apartment property in the Los Feliz neighborhood of Los Angeles, for $64.3 mil, or $479.9k per unit. The property was sold by a private multifamily investment f...
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• Instil Bio Lines Up $85 Mil for Development of a Life Sciences Campus in the San Fernando Valley
7/12/22
Instil Bio has secured $85 mil in construction money for the development of a state-of-the-art, 102k sf life sciences campus in the San Fernando Valley community of Tarzana. Located at 18404-18412 Oxnard St, north of the 101 ...
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• Newly Built Washington Res Community Trades for $242 Mil
7/11/22
Uplund apartments, a 409-unit, new construction multifamily property in Kirkland, WA, has traded hands in a deal worth $242 mil, or $592k/unit. The property was sold by American Capital Group (ACG) and Artemis Real Estate Par...
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• $40 Mil Vegas Res Trade Works Out to $227k/Unit
7/08/22
In a recent Vegas res buy, Tide Equities paid $40 mil for Las Brisas de Cheyenne, a 176-unit ($227.3k/unit) multifamily community located at 3985 E Cheyenne Ave. The property was sold by Epic Investments.
Located in Las Vega...
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• Inland Empire Last Mile Facility Trades in $102 Mil Transaction
7/07/22
In a recent Inland Empire industrial investment sale, A 344.4k sf, LEED Silver-certified last-mile, robotics distribution facility traded for $102 mil, or $296/sf. The NNN-leased facility sits on 17.34 acres at 18025 Slover A...
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• Edgewood Real Estate Investment Trust Pays $85 Mil for Office Properties in Scottsdale, AZ
7/07/22
North Dakota-based Edgewood Real Estate Investment Trust acquired two office properties in Scottsdale, AZ totaling 269k sf for $85 mil ($316/sf). The properties were sold by Wentworth Property Company and Northwood Investors....
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• Legacy Partners Starts Work on 236-Unit Denver Res Project
7/06/22
Legacy Partners has broken ground on Araceli, a 236-unit apartment community in Denver. The project, which offers one- to three-bedroom-plus-den units feature built-in desks and workspaces to accommodate the new hybrid work m...
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• Pacific Urban Investors Closes $90 Mil Seattle Res Buy
7/05/22
In a recent Seattle res trade, Alley24 Apartments, a 172-unit multifamily asset in the city’s South Lake Union area, was acquired by Pacific Urban Investors for $90 mil, or $523k/unit. The property, located at 241 Yale Ave N,...
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• Cannae Partners Buys 128k sf Milpitas R&D Property
7/04/22
A partnership controlled by San Francisco-based Cannae Partners purchased a freestanding, 127.6k sf R&D property in Milpitas for $32.8 mil ($257/sf). The property, located at 275 S. Hillview, was sold by Analog Devices Inc, w...
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• OC Creative Office Campus Trades in $235 Mil Deal
6/30/22
In a major OC office buy, MetLife Investment Management and PGGM acquired Intersect, a four-building, 454k sf creative office campus in Irvine, for $235.25 mil ($518/sf). The property was sold by Hines. The purchase was finan...
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• Ridge Capital Investors & Westbrook Partners Purchase Silicon Valley Industrial Facility for $45 Mil
6/30/22
A joint venture between Ridge Capital Investors & Westbrook Partners has acquired a 258.1k sf, Class A industrial facility in Silicon Valley for $45 mil, or $174/sf. The structure, located on 14.7 acres at 755 Jarvis Drive wi...
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• Tri-Western Syndicated Investments Spent $32.7 Mil on Washington Retail Property
6/29/22
Tri-Western Syndicated Investments paid $32.7 mil for Alderwood Towne Center, a 105.4k sf ($310/sf) retail center in Lynnwood, WA. Tri-Western is a Bellevue-based private holding company controlled by the Radford family.
Lo...
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• Tishman Speyer Collects $205 Mil from El Segundo Office Sale
6/28/22
In a major office trade out of L.A.’s South Bay region, Tishman Speyer collected $205.5 mil from the sale of 555 Aviation, a 259.8k sf ($791/sf), low-rise office building in El Segundo that is 100% leased to Saatchi & Saatchi...
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• The Swig Company Purchases Seattle Office Property
6/28/22
The Swig Company purchased 1700 Westlake, a 90.6k sf, Class A office building in Seattle. Known as "The Lake Union Building," the property is located at 1700 Westlake Ave N, near the epicenter of Seattle's South Lake Union ar...
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• LPC Desert West to Build 1 msf Industrial Development Near Tucson International Airport
6/27/22
LPC Desert West plans to develop I-10 International, a Class A industrial development totaling over 1 msf in the Tucson, AZ airport submarket. LPC acquired the land, 77 acres just minutes from both Interstate 10 and Tucson In...
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• Work Gets Underway on New Seattle Res Tower
6/27/22
Work has started on a new 197k sf, nine-story, purpose-built life sciences development in downtown Seattle named 222 Fifth. The project is a joint venture between LPC West and Intercontinental Real Estate Corporation.
222 F...
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• Pahlisch Commercial Obtains $50 Mil for OR Res Development
6/24/22
Pahlisch Commercial has received a $50.8 mil senior loan for the ground-up construction of Henley Place, a 178-unit, six-story multifamily community located on SE Main Street in Milwaukie, OR, a suburb of Portland. The money ...
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• Office/Retail Building on Market Street in San Francisco Listed for Sale
6/23/22
A six-story plus basement, 50.9k sf office and retail building located on San Francisco’s Market Street has been put on the market. The property, 1049 Market, offers the buyer one of the first office-to-residential conversion...
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• Clear Capital Closes $82 Mil Multifamily Buy in the Inland Empire
6/23/22
Clear Capital purchased Foothill Ridge, a 232-unit apartment asset in Upland, for $82 mil, or $353.4k/unit. The property was sold by Virtu Investments.
Foothill Ridge Apartments is a garden-style apartment complex made up of...
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