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• Beedie Starts Work on 112k sf Industrial Project in North Las Vegas
8/13/24
Beedie has started construction on Lincoln by Beedie, a 111.7k sf industrial condo project in North Las Vegas. marking their second state-of-the-art development in Nevada. Situated at 2942 Lincoln Rd, The Class 'A' developmen...
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• Continental Realty Assets Ltd Completes $27 Mil Multifamily Buy in Las Vegas
8/13/24
Continental Realty Assets Ltd (CRA) has picked up Villa Del Rio Apartments, a 168-unit multifamily community in Las Vegas, for $27 mil, or $160.7k/unit. CRA, a subsidiary of Continental Realty Group, is a Denver-based multifa...
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• Historic Office Campus Property in Portland Trades Hands
8/12/24
Montgomery Park, a 768.4k sf, multi-tenant office campus located in Portland’s Slabtown submarket, traded hands in a recent sale. The seller was an entity indirectly owned by a group of banks that foreclosed on the property i...
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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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