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• MBK Rental Living Starts Construction on 330-Unit Res Project in Murrieta
6/03/25
MBK Rental Living has begun work on the apartments at Vintage Farms, an $80 mil residential village in the Inland Empire city of Murrieta. The village will contain 330 market-rate and luxury apartments spread across 11 buildi...
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• Costa Mesa Retail Center Lands New Owner in $25 Mil Deal
6/03/25
Asana Partners purchased Westport Plaza & Square, a 39.3k sf shopping center in Costa Mesa, for $25.7 mil, or $654/sf. The center is located at 369 E. 17th St and 1685 Tustin Ave, east of the 55 Fwy.
The property is 97% lea...
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• Constellation Real Estate Partners Starts Work on 287k sf Texas Industrial Facility
5/30/25
Constellation Real Estate Partners has started construction on Constellation Rock Island Logistics Center, a 286.7k sf, Class A industrial building in Grand Prairie, TX. The project, located on 16.8 acres at 4701 W. Rock Isla...
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• Luxury Res Development in L.A.’s Koreatown Lands $220 Mil in New Financing
5/29/25
A Jamison Properties LP affiliate has landed $220 mil in new financing for Opus, a newly constructed 428-unit luxury apartment project in L.A.’s Koreatown neighborhood. The property, located at 3545 Wilshire Blvd, encompasses...
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• Upscale Luxury Office Redevelopment Project in Phoenix is Completed
5/28/25
Work has been completed on Bond, an upscale office redevelopment in the heart of Phoenix’s Camelback Corridor. Located at 3200 E. Camelback Rd, Bond sits on the corner of 32nd St and Camelback Rd. The project is a development...
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• Multifamily Community in San Jose Trades for $19 Mil
5/28/25
Lakewood Court Apartments, a 48-unit multifamily community in San Jose, traded hands in an $18.9 mil ($394k/unit) transaction. The asset was sold by a private investor in an all-cash deal as part of a 1031 exchange transactio...
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• BH Properties Picks Up San Jose Office Building for $136/sf
5/26/25
BH Properties acquired a 110.7k sf, Class A office/R&D building in North San Jose. The recently renovated, two-story building, located at 2125 O’Nel Dr, was sold by Embarcadero Capital Partners in a $15 mil ($136/sf) deal, we...
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• MSI Computers Corp Spends $65 Mil on LA Area Industrial Facility
5/23/25
MSI Computers Corp acquired a 200k sf industrial property in the City of Industry in a $65.2 mil ($326/sf) transaction. The property, located at 18045 Rowland St, north of Hwy 60 and east of Azusa Ave, was sold by LINK.
Bui...
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• BKM Capital Partners and Kayne Anderson Real Estate Launch $1.5 Bil Joint Venture Partnership
5/22/25
BKM Capital Partners (BKM), a leading vertically integrated real estate fund manager and operator, and Kayne Anderson Real Estate, the real estate investment arm of Kayne Anderson, have entered into a $1.5 bil joint venture p...
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• Longpoint Partners Closes $36 Mil Industrial Buy in Arizona
5/22/25
Longpoint Partners acquired a 222.4k sf, Class A industrial asset in Tolleson, AZ in a $36.05 mil ($162/sf) transaction. Located at 130 South 83rd Ave, the freestanding single-tenant building is 100% leased to Exel Inc (dba D...
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• Court-Appointed Receiver Douglas Wilson Companies to Implement $70 Mil Improvement Plan at Park Merced Res Community in San Francisco
5/21/25
Douglas Wilson Companies (DWC), the court-appointed receiver of Parkmerced, the 3,221-unit community located in the southwest corner of San Francisco, has taken control of the property from the owner who defaulted on its $1.8...
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• Work Completed on 2 msf Gaylord Pacific Resort and Convention Center Project in Chula Vista
5/20/25
Work has been completed on the $1.3 bil Gaylord Pacific Resort and Convention Center project located at the Chula Vista Bayfront in Chula Vista. The nearly 2 msf development was built by a joint venture between M.A. Mortenson...
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• BH Properties to Transform Mission Valley’s Hazard Center into a Modern Retail Destination
5/20/25
BH Properties plans to transform San Diego’s historic Hazard Center, a 135k sf retail center located in the heart of Mission Valley, into a lifestyle-oriented, retail development to be rebranded as The Landing at HZRD. The pr...
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• Stockbridge Acquires 100k sf AZ Industrial Building
5/19/25
In a recent AZ retail trade, Stockbridge purchased Cove Logistics Center, a recently delivered, freestanding 99.5k sf Class A industrial building on over 6.5 acres in Phoenix. The price was not disclosed.
Located at 3755 Wes...
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• Grocery-Anchored Retail Center in the San Gabriel Valley Sells for $25 Mil
5/19/25
Grand Covina Plaza, a grocery-anchored, 112k sf retail center in Covina, was acquired by Longpoint in a $24.98 ($223/sf) mil transaction. The San Gabriel Valley property was sold by a private family partnership.
Grand Covina...
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• Libitzky Property Companies Spends $29 Mil on AZ Industrial Facility
5/16/25
Libitzky Property Companies, out of Emeryville, CA, purchased a 141.1k sf, Class A industrial asset in Mesa, AZ for $29.4 mil ($208/sf). The building is currently 100% leased to Cyclic Materials on a brand new 10-year lease.
...
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• Hines Pays $684k/Unit for Silicon Valley Multifamily Asset
5/15/25
In a Silicon Valley multifamily trade, Hines has acquired Levare, a 108-unit residential property in San Jose’s Santana Row area, for $73.9 mil ($684k/unit). The property, located at 3003 Olin Rd, south of Stevens Creek Blvd ...
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• Retail Financing Briefs
5/14/25
JLL CAPITAL MARKETS -- Greg Brown, John Marshall, Spencer Seibring and Allie Black with JLL Capital Markets arranged a $27.55 mil loan for Torrey Hills Center, an 86.5k sf, grocery-anchored neighborhood retail center in San D...
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• Empire Group Lands $79 Mil Refi on AZ Build-to-Rent Development
5/14/25
Scottsdale, AZ-based Empire Group has obtained a $79.5 mil refi loan on Village at Bronco Trail, a new 354-unit BTR development in the Phoenix market. The roughly 30-acre Village at Bronco Trail site at 29th Ave at Sonoran De...
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• Master-Planned Dev Site in the Heart of Oklahoma City Listed for Sale
5/13/25
A unique, master-planned mixed-use development site encompassing 22 acres in the heart of Oklahoma City (OKC) has been put on the market. Known as Strawberry Fields, the rare urban land offering presents a buyer with the oppo...
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