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• Washington Neighborhood Center Sells for Over $600/sf
8/12/24
Panos Properties LLC has acquired Village at Redmond Ridge, a 66.9k sf, neighborhood retail center in Redmond, WA, for $41 mil ($613/sf). The property, located at 23515 NE Novelty Hill Rd, was sold by Woodbury Corporation.
V...
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• Mattel Spends $59 Mil for El Segundo Office Asset Adjacent to Its Current HQ
8/09/24
Mattel, the multinational toy manufacturing and entertainment company based in El Segundo, has purchased Grand + Nash, a newly renovated 167.8k sf creative office campus at 2160 E. Grand Ave, also in El Segundo. The asset, wh...
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• Waterford Property Company and The Vistria Group Pick Up 299-Unit Multifamily Property in Dallas
8/09/24
Waterford Property Company and The Vistria Group have acquired Axis Kessler Park, a 299-unit, garden-style Class A multifamily community in Dallas. The joint venture purchased the property, located at 2400 Fort Worth Ave, in ...
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• Upscale Phoenix Multifamily Community Sells for $79 Mil
8/08/24
Alta North Central, a 229-unit Class A multifamily community located in north central Phoenix, traded hands in a $79 mil ($345k/unit) transaction. Built in 2020, Alta North Central is located at 777 E Stella Lane.
The commun...
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• Equity Residential Buys 11 Res Properties from Blackstone Real Estate for $964 Mil
8/08/24
Equity Residential has agreed to acquire 11 apartment properties in Atlanta, Dallas/Ft. Worth and Denver from Blackstone Real Estate strategies in separate transactions totaling $964 mil. The properties being traded total 3,5...
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• BH Properties Buys 203k sf Industrial Facility in Texas
8/08/24
BH Properties boosted its Texas portfolio with the purchase of a 203.5k sf industrial facility in El Paso. The property sits on 17 acres at 12100 and 12105 Esther Lama Dr, adjacent to Interstate 10. It is just minutes from th...
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• Former San Leandro Retail Center Lands $33 Mil Refi after Transitioning to Power Center/R&D Campus
8/07/24
B3 & Gaw have obtained a $33 mil bridge loan to refinance the old Bayfair Mall in San Leandro, which is successfully transitioning into a mixed-use retail power center and emerging R&D campus.
Encompassing over 715k sf of re...
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• San Fernando Valley Multifamily Asset Sells for $300k/Unit
8/07/24
Pinetree Terrace Apartments, a 58-unit multifamily community in the central San Fernando Valley community of Reseda, traded hands in a $17.6 mil ($303k/unit) deal. Built in 1978 and on the market for the first time, Pinetree ...
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• Cityview and Wafra Buy New Res Community in L.A.’s Silver Lake Neighborhood
8/06/24
Cityview and Wafra have acquired Silva, a newly constructed 221-unit, Class A multifamily community in the Silver Lake neighborhood of Northeast Los Angeles. Situated on a hilltop that provides 360-degree views of the city, S...
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• Brixton Capital Picks Up 114-Unit Colorado Res Community
8/05/24
Brixton Capital has acquired Parkside at Littleton Village, a 114-unit boutique apartment community located at 300 E. Fremont Place in Littleton, CO. Built in 2022, Parkside at Littleton Village offers a mix of large floorpla...
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• CapRock Partners Picks Up Two Industrial Assets in Nevada Totaling 177k sf
8/02/24
CapRock Partners has acquired two industrial assets totaling 177.1k sf in Sparks, NV in an off-market transaction. The two buildings, located at 120 and 250 Greg Street, are freestanding, mid-bay warehouses that were sold by ...
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• Meta Housing Corporation and the Foundation for Affordable Housing Start Work on Long Beach Affordable Housing Community
8/02/24
Meta Housing Corporation and the Foundation for Affordable Housing have broken ground on the development of 1400 Long Beach, a new affordable housing community minutes from Downtown Long Beach, and directly adjacent to public...
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• Stos Partners Closes $35 Mil Ind Buy in Salt Lake City
8/01/24
Stos Partners has acquired a three-building, 279.2k sf industrial complex in Salt Lake City for $34.99 mil ($125/sf) in an off-market transaction. The asset sits on roughly 14.5 acres at 900 W 2900/2950/3100 S. The deal marks...
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• Washington Res Community Sells in $34.75 Mil Deal
7/31/24
Woodstone Apartments, a 124-unit apartment community in Bothell, WA, traded hands in a $34.75 mil ($280k/unit) transaction. The asset was sold by Security Properties.
Built in 1989, Woodstone Apartments is located at 16520 N...
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• AZ Industrial Facility Sells for $27.5 Mil in Owner/User Buy
7/30/24
In a recent AZ owner/user industrial buy, Setna iO/Setnix purchased a 112.3k sf facility in Tempe for $27.5 mil, or $245/sf. The space, located at 1345 S. 52nd St, represents a significant local expansion for the global organ...
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• Trammell Crow Company and Clarion Partners Finish Work on 1.7 msf The Center at Needham Ranch
7/30/24
Trammell Crow Company (TCC) and Clarion Partners have wrapped up construction on The Center at Needham Ranch (CANR), an award-winning, 1.7 msf industrial park in Santa Clarita. The 11-building industrial park, which the JV be...
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• Windy Hill Ventures Secures $105 Mil in Take-Out Financing on New Bay Area Res Development
7/30/24
Windy Hill Property Ventures has obtained $105 mil in construction takeout refinancing for Artisan Crossing, a newly developed, 250-unit multifamily community in the Bay Area city of Belmont. The loan was provided by Varde Pa...
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• Innovative Housing Opportunities and C&C Development Wrap Up Work on Carlsbad Affordable Housing Community
7/29/24
SoCal-based affordable housing developers Innovative Housing Opportunities (IHO) and C&C Development (C&C) have completed Pacific Wind, a new 89-unit affordable housing community that replaced 22 1950s era duplexes in the cit...
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• $270 Mil SoCal Hotel Project Tops Out
7/29/24
Construction of Jamul Hotel, a $270 mil hospitality project accompanying the Jamul Casino in San Diego County, has just topped out with the final beam placement. The development is being built by C.W. Driver Companies. The de...
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• ScanlanKemparBard Buys 436k sf CO Industrial Asset
7/25/24
ScanlanKemparBard acquired a two-building, 436.5k sf R&D/manufacturing property situated within Atlas Industrial Park in Broomfield, CO. The price was not immediately disclosed.
Strategically located in the heart of the Boul...
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