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Legacy Partners and DWS Start Work on Ontario Res Community 1/07/25 Legacy Partners and DWS Group have started construction on a 346-unit residence apartment community in Ontario. Located at 2510 S. Euclid Ave, the new community will consist of eight buildings (three to four stories tall) wit...
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West Harbor Capital Buys 34k sf Industrial Facility in Redondo Beach 1/06/25 West Harbor Capital has acquired a 33.7k sf industrial building in Redondo Beach. The building is located at 2551 Santa Fe Ave, west of I-405 between Los Angeles International Airport and the ports of Los Angeles and Long Bea...
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Carlsbad Industrial Property Acquired by Owner/User in $6.26 Mil Deal 1/06/25 A 21.5k sf, multi-tenant industrial building in Carlsbad traded for $6.26 mil, or $291/sf. The property is located at 5924 Balfour Ct, west of El Camino Real and south of College Blvd.
The asset was purchased by Yunqun LLC, ...
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Trojan Storage Secures $70 Mil in Financing on Four California Self-Storage Assets 1/03/25 Trojan Storage has obtained a $70 mil, structured permanent loan to retire existing construction/bridge debt and re-capitalize four recently completed/value-add self-storage facilities. The four properties are currently under...
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Montclair Restaurant Building Sells for $400/sf 1/03/25 A 6.2k sf, fully built-out restaurant property in Montclair sold for $2.5 mil, or $403/sf. The structure, located at 9345 Monte Vista Ave, was previously occupied by a Red Lobster restaurant that closed earlier this year.
T...
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Construction Topped Out on 265-Unit Res Project in Gardena 1/02/25 Cityview and Stockbridge have topped out on Apollo, a 265-unit community in Los Angeles’ South Bay. The eight-story development’s wood framing is now complete, with the project on schedule to complete in 2025.
Apollo is loc...
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Oceanside Development Parcel Sells for $5.2 Mil 1/02/25 A 2.71-acre land parcel in Oceanside sold for $5.2 mil. The property is located at the northwest corner of Jones Road and Benet Road in Oceanside.
The buyer, North County Transit District (NCTD), a San Diego public transpor...
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Ambulance Service Leases 41k sf Industrial Facility in Sylmar 12/30/24 PRN Ambulance signed a long-term lease for a 41.5k sf industrial building in Sylmar. Terms of the deal were not disclosed.
The building is located at 12840 Bradley Ave, off Polk St between I-5 and I-210. Built in 1969 and re...
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San Diego Modular Affordable Housing Project Lands $112 Mil in Financing 12/30/24 Impact Housing and Verbena Road Holdings have obtained $112.225 mil in financing for the development of Mission Gorge, a modular, affordable housing multifamily development in San Diego. The financing consists of an $85.225 m...
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Cityview Buys 112-Unit Res Property in Hollywood 12/27/24 Cityview has acquired Candela, a 112-unit value-add res property nestled in the Hollywood Hills and Franklin Village neighborhood of Los Angeles. The three- and four-story multifamily project features spacious one- and two-be...
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Envision / Faring Venture Pays $90 Mil for Beverly Hills Office Building 12/24/24 A 133k sf office building in Beverly Hills traded hands in a $90 mil transaction that works out to $675/sf. The property, located at 9242 Beverly Blvd, at the intersection of Beverly and Santa Monica Blvds, was acquired by a ...
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TA Realty Buys 193k sf Inland Empire Industrial Facility 12/24/24 Slover & Elm Commerce Center, a 192.8k sf industrial facility in Fontana, was acquired by TA Realty. Built in 2022, the Class A building is located at 15521 Slover Ave, east of I-15 on the south side of I-10.
The building is...
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Brookfield Properties Awards Leasing Assignment for DTLA Mixed-Use Campus to Colliers 12/23/24 Brookfield Properties has awarded the leasing assignment for California Market Center (CMC), the 1.9 msf hub for creative office and mixed-use space in Downtown Los Angeles, to Colliers. The unique asset is located at 110 E. ...
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Oceanside Apartment Portfolio Sells in Four Deals Totaling $14.5 Mil 12/23/24 A 27-unit multifamily portfolio in Oceanside has sold in multiple transactions totaling $14.5 mil. The portfolio consists of five parcels that were sold in four transactions to separate buyers.
The properties are located at...
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West Hollywood Apartment Property Trades for $252k/Unit 12/20/24 A 40-unit multifamily property in West Hollywood traded for $10.1 mil, which works out to $252k per unit and $397/sf. The property, located at 1260 Hayworth Ave, was acquired by Festival Companies.
Nestled between Sunset Blv...
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Work Started on $268 Mil College of the Desert’s Palm Springs Campus 12/18/24 Construction has broken ground on the new College of the Desert (COD) Palm Springs campus. The $268 mil, 175k sf project will provide cutting-edge facilities for learning, collaboration, and innovation, while setting new stan...
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Chula Vista Office Building Trades in $29.5 Mil Deal 12/17/24 In a recent office property sale in San Diego County, The Plaza at Eastlake, a 132.7k sf, Class A building in Chula Vista, sold for $29.5 mil, or $222/sf. The property was 94% occupied at the time of the sale.
The structure,...
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Anaheim Industrial Building Gets New Owner in $6.8 Mil Transaction 12/17/24 A 26.6k sf industrial building in Anaheim sold for $6.84 mil, or $257/sf. The multi-tenant facility is located at 1441 N. Red Gum St, in the North Orange County/Anaheim Canyon industrial submarket.
At the time of sale, this ...
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Western National Group-Led Venture Buys 158-Unit Res Community in Riverside 12/17/24 Western National Group has purchased Vista Imperio, a 158-unit garden-style multifamily community in Riverside, in a joint venture partnership with Sagard Real Estate, ArrowMark Partners and WNG. The price was not disclosed.
...
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Industrial Building in Phoenix’s Sky Harbor Airport Submarket Sells for $234/sf 12/17/24 A 33.3k sf, freestanding industrial building in Phoenix’s highly desired Sky Harbor Airport submarket traded for $7.8 mil ($234/sf). The single-tenant asset, located at 4750 South 32nd St, is currently 100% leased to BMWC Con...
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