|
• Partners Capital Buys South Bay Biz Campus
5/04/23
Partners Capital, based in Los Angeles, acquired Carson Business Park, a 38.2k sf five-building industrial park situated on 1.9 acres in the city of Carson. Located at 401 – 409 Gardena Blvd, the property was 100% leased at ...
|
• Naked Wardrobe to Dress Up Calabasas Facility after HQ Purchase
5/03/23
Naked Wardrobe acquired a 90.4k sf, Class A commercial property in Calabasas it will utilize as its new headquarters location, which is an expansion from their previous Northridge location. Naked Wardrobe is an affordable lux...
|
• Portfolio of Six LA-Area Multifamily Properties Sells in Three Deals Totaling $53.55 Mil
5/03/23
A six-property, L.A. County multi-housing portfolio sold for a total price of $53.55 mil in three separate transactions to different buyers. The assets were sold by a corporate fiduciary acting on behalf of an LLC.
The apart...
|
• Chapman University Team Wins NAIOP SoCal Orange County Real Estate Challenge
5/02/23
NAIOP SoCal Orange County just held its second annual Real Estate Challenge featuring graduate student teams from the Chapman University Argyros School of Business & Economics and the University of California, Irvine Paul Mer...
|
• Inland Empire Logistics Campus Trades in $325 Mil Transaction
5/02/23
Corona Lakeside Logistics Center, a 727.7k sf industrial asset in the Inland Empire city of Corona, has traded hands in a transaction valued at $325 mil ($447/sf). The recently completed, five-building industrial complex, loc...
|
• Latest Signings by DrinkPAk Bring 1.7 msf The Center at Needham Ranch to Fully Leased
5/02/23
The Center at Needham Ranch (CANR), an award-winning, 1.7 msf industrial park developed by a joint venture between Trammell Crow Company and Clarion Partners in Santa Clarita, is fully leased ahead of delivery. DrinkPAK, a be...
|
• Single-Tenant Sherwin-Williams Store in Beaumont Sells for $3.24 Mil
5/02/23
A Hemet-based private investor paid $3.24 mil for a newly developed, 4k sf single-tenant net-lease retail pad building occupied by Sherwin-Williams in Beaumont. The deal had a 4.50% closing cap rate.
The Sherwin-Williams pro...
|
• Premier Workspaces Opens Shared Workspace at Iconic Fox Plaza in Century City
5/01/23
Irvine-based Premier Workspaces has inked a 10-year lease for 14.5k sf of shared office space with The Irvine Company at their iconic 2121 Avenue of the Stars building (formerly Fox Plaza) in Los Angeles’ Century City.
Cons...
|
• Historic Hotel Property in San Diego’s Gaslamp Quarter Trades for $2.55 Mil
5/01/23
In a historic property trade in downtown San Diego, Cyrus and Emilia Investments purchased a mixed-use building known as the Lincoln Hotel for $2.55 mil. The property, located at 534-536 5th Ave, is a historically designated ...
|
• Sunland Nutrition Purchases 41k sf Aliso Viejo Industrial Building in Owner/User Deal
5/01/23
Sunland Nutrition acquired a 40.8k sf industrial building in Aliso Viejo for $14.07 mil ($345/sf). Sunland will use the building, located at 81-91 Columbia, for its headquarters and warehouse.
81-91 Columbia is located in an...
|
• Prologis Inks Weee Deal in Santa Fe Springs
5/01/23
Weee! Inc, the leading Asian and Hispanic e-grocer in the U.S., inked a lease for Prologis Mid Counties Distribution Center, a 146.6k sf industrial facility in Santa Fe Springs. Weee! is expanding from their existing cold sto...
|
• Newly Constructed San Bernardino Res Project Sells for Over $300k/Unit
4/28/23
Loma Villas, a newly constructed 70-unit multifamily community in San Bernardino, sold for $21.5 mil, or $307k/unit. The buyer was a SoCal-based private investor.
Located at 415 E. Commercial Rd. in the Inland Empire’s secon...
|
• Watermarke Properties Spends $22.5 Mil on OC Office Building
4/28/23
Watermarke Properties has purchased City Centre I, a 6.8-acre, multifamily redevelopment project in the City of Orange, for $22.5 mil. The asset is located at 625 The City Drive South, west of I-5 and adjacent to the south si...
|
• Covina Investor Spends $39.6 Mil on Trio of SoCal Industrial Properties
4/27/23
A Covina-based private investor purchased three SoCal industrial assets in deals totaling $39.6 mil. The properties are in Carlsbad, Chino and Nipomo.
One of the properties was Nipomo Self Storage, a self-storage facility, l...
|
• Planet Fitness-Occupied Property in Ventura Goes for $6.4 Mil
4/26/23
A private investor from Ventura paid $6.4 mil for a newly renovated, 24k sf ($267/sf) single-tenant property now occupied by Planet Fitness adjacent to Ventura College in Ventura. The property was sold by an affiliate of MJL ...
|
• NewMark Merrill Companies’ San Diego Office Celebrates 20 Years
4/26/23
Next month, Calabasas-based NewMark Merrill Companies celebrates the firm’s 20-year anniversary of when the company first opened its San Diego Division office to oversee the San Diego, Riverside and Orange County regions. In ...
|
• Master-Planned 34-Acre Development Site in the Santa Clarita Valley Offered for Sale
4/26/23
A 34.4-acre site known as The Bluffs at Valencia, located within the master-planned community of FivePoint Valencia in the Santa Clarita Valley, has been listed for sale. CBRE’s Craig Peters and Sam Glendon are marketing the ...
|
• First Industrial Realty Trust Pays Over $5 Mil for Ontario Facility
4/26/23
A 15.2k sf industrial building situated on 2.27 acres of land in Ontario sold for $5.2 mi ($342/sf). The buyer was First Industrial Realty Trust.
The property is at 1250 E. Francis St, east of Euclid Ave. It is within the pr...
|
• Wood Investments Companies Picks Up Former Kmart Building in Big Bear Lake
4/25/23
Wood Investments Companies Inc acquired a former Kmart building on 7.49 acres in Big Bear Lake, CA, SoCal’s popular mountain resort community and destination. Big Bear Lake is home to over three million annual visitors who co...
|
• Renovation Work on Multifamily in L.A.’s Victor Heights Neighborhood Completed
4/25/23
VF Developments LLC, a minority and female owned and run company, has reintroduced “920 Everett”, a 2000s built, six-unit multifamily property in Los Angeles’ Victor Heights neighborhood, after completing major renovations. V...
|
Return to the Southern California area
