Premier Business Centers

The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
September 27, 2023
 Search RENTV
 The REview
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

+ Slide
- Slide

Construction Underway on a 1 msf Mixed-Use Development in Los Angeles’ Arts District
Carmel Partners’ project will include a 127k sf office tower and a 475-unit res community

Rockefeller Group Picks Up 35 Acres in Thornton, CO for Industrial Project
Firm to build 453k sf biz campus called 25 Commerce Park

Martens Development Company Spends $19 Mil on 44 Acres in AZ for Industrial Development
Firm to build 600k sf project on Mesa site

Tricon Residential, Foremost Pacific Group and Woodbridge Pacific Group Finish 170-Unit Res Project in Wildomar
Build-to-rent community features Spanish-style townhomes

Phoenix Office Complex Bought by Presson Corp Entity in $72 Mil Transaction
Firm purchases 295k sf 3131 and 3133 Camelback from LPC Desert West

Archway Equities and Virtú Investments Wrap up $74 Mil Res Buy in San Jose
Venture pays $391k/unit for The James

Perpetual Housing Fund of Utah and Rocky Mountain Homes Fund Buy Salt Lake City Office Tower
Buyer plans to convert the property into mixed-use/housing project

TruAmerica Multifamily Buys OC Multifamily Community in $103 Mil Deal
Purchase is of 264-unit Nineteen01 in Santa Ana

Hawkeye INVSCO Buys 101k sf Colorado Retail Portfolio
Deal is for three centers in Littleton

San Marcos Industrial Property Trades in $12.5 Mil Deal
61k sf building was sold by Stos Partners

Historic I. Magnin & Company Department Store in Pasadena Transformed into a New Mixed-use Destination
Architecture firm RDC oversees conversion into multi-tenant space that includes an Erewhon grocery store, a childcare center and a women’s healthcare clinic

Mary Ricks to Retire as President of Kennedy Wilson after 33 Years with the Company
Executive Vice President Matt Windisch promoted to President

Cityview and Stockbridge Start Work on 265-Unit Res Project in L.A.’s South Bay
Highly-amenitized Apollo expected to be finished in 2025

MG Properties Pays $90 Mil for Bay Area Res Community
Acquisition is of 185-unit Artist Walk Apartments in Fremont

CapRock Partners Completes 165k sf Industrial Buy in the San Gabriel Valley
Facility sits on over eight acres in San Dimas

Gelt Venture Partners Buys 125-Unit OC Res Community for $63 Mil
Firm pays just over $500k/unit Union Place

Advanced Real Estate Spends $96 Mil on Huntington Beach Res Community
Firm plans to invest an additional $7 mil on improvements at 264-unit complex, formerly known as Citron House

Phase 1 of Riverwalk San Diego Awarded $41 Mil Grant from Affordable Housing and Sustainable Communities
Initial phase of $3 bil master-planned village will include 188 affordable homes along with parkland, office and retail space

Henderson, NV Office Campus Trades in $17 Mil Transaction
Partners Capital Inc and CNR Retail to convert 92k sf Green Valley Corporate Center into a lifestyle retail center

New Res Tower in L.A.’s Koreatown Opens to the Public
375-unit Hallasan was developed by Holland Partner Group

OC Office Campus Trades in $76 Mil Deal
405k sf Fullerton asset is fully leased to Raytheon

IDM Companies Obtains $62.6 Mil in Construction Money for Phoenix Res Project
JLL arranges loan on 348-unit Meritum Sonoran Desert

Whittier Apartment Community Sells for Over $30 Mil
138-unit Citrus Court is encumbered by a ground lease with 41 years remaining

East Bay Industrial Portfolio Under New Ownership after $103 Mil Trade
CIP Real Estate buys 352k sf of industrial properties in Fremont

Culver City Mixed-Use Project Sells for Over $29 Mil
The Oliver goes for $780k/unit

The Swig Company and SKS Partners Acquire San Francisco Office Tower
Venture buys 298k sf 350 California building in the city’s Financial District

Sunnyvale R&D Facility Purchased by BGO in $41 Mil Trade
75k sf building is fully leased to Apple

Transwestern Development Company Breaks Ground on 99k sf Industrial Facility in North L.A. County
Legacy at Palmdale will sit on just under five acres

Westcore Acquires 3.5 msf California Industrial Portfolio
Purchase includes 16 buildings in Chino, Valencia and Livermore

Inglewood Wingate by Wyndham Hotel Sells for $23.7 Mil
148-room facility is near LAX and SoFi Stadium

JRK Property Holdings Pays $93 Mil for 300-Unit Multifamily Community in San Jose
Firm pays $310k/unit for Duo Apartments

CapRock Partners Breaks Ground on 1.27 msf Spec Industrial Building in Visalia
Facility is first building at 2.7 msf CapRock Central Point III complex

Escondido Retail Center Trades for $28.5 Mil
Lowes-anchored center goes for $159/sf

Abacus Capital Group Makes $95 Mil Res Buy in Oregon
Firm purchases 440-unit Lumina Apartments in Gresham

Commercial Real Estate Financing Briefs
Recent transactions from JLL Capital Markets, Marcus & Millichap Capital Corporation and George Smith Partners

DPI Retail Spends Over $29 Mil on Vacaville Property
112k sf Power Plaza is anchored by Sprouts

San Diego Association of Governments Signs Lease for 87k sf at New Tower Development in Downtown San Diego
West is a 37-story mixed-use high-rise being built by Holland Partner Group, North America Sekisui House and Lowe

Commercial Real Estate Financing Briefs
Recent transactions from JLL Capital Markets, BWE, Lucent Capital and Red Oak Capital Holdings

Work Wrapped Up on 296-Unit Res Project Near Downtown LA and USC
Jasper is a development of Cityview

Oakland Office High-Rise Lands $172 Mil in C-Pace Financing
Loan is for TMG’s 910k sf HQ building for PG&E

MIG Real Estate Closes $61 Mil Res Buy in Orange County
Firm purchases 138-unit Newport Palms in Costa Mesa

Trammell Crow Company and Diamond Realty Investments Start Work on 1.186 msf Industrial Project in Washington
Development is largest spec industrial project in the Pacific Northwest

Colorado Distribution Facility Bought for Just Under $30 Mil by Private Investor
150k sf Dove Valley Business Center sold by Westcore

$286 Mil Ontario Industrial Lease Recognized as SIOR Largest Transaction for 2022
DAUM team reps owner Prologis in deal with Canadian clothing company

Presson Companies Buys 143k sf AZ Office Asset from LPC Desert West in $26.5 Mil Deal
Acquisition is of Gainey Center in Scottsdale

Seven-Property EoS Fitness Portfolio Trades for $94 Mil
Five of the locations are in AZ with the other two in FL

KTI Hydraulics Inc Buys OC Hi-Tech Facility in $26.5 Mil Deal
71k sf Tustin property sold by Stos Partners

LBA realty Spends $37 Mil on Inland Empire Industrial Facility
Newly constructed 96k sf building sold by Newcastle Partners

Westcore Closes $92.7 Mil Purchase of AZ Industrial Campus
Firm bought 906k sf Hatcher Industrial Park from development partner, Ryan Companies

DMI Real Estate Collects $25.5 Mil from Sales of Two OC Shopping Centers
La Palma and La Habra assets were acquired by separate buyers

BH Properties Buys San Francisco’s Anchorage Square in $65 Mil Deal
322k sf asset covers an entire city block at Fisherman’s Wharf

Tishman Speyer and Mitsui Fudosan America Team Up in $33 Mil San Francisco Distribution Buy
Venture picks up 126k sf last mile facility in city’s Bernal Heights area

MCR Picks Up Two Arizona Hotel Properties
The Hampton Inn by Hilton Phoenix-Biltmore in Phoenix were sold by MIG Real Estate

Trion Properties Wraps Up $41 Mil CO Res Buy
Purchase of 198-unit Trailpoint on Highline in Aurora works out to $209k/unit

BKM Capital Partners and StepStone Real Estate Form Venture to Invest in Light-Industrial and Logistics Properties
Partnership launches with ownership interests in Henderson, NV and Burbank, CA assets

CVG Properties Buys Build-to-Rent Community in Phoenix for $27 Mil
80-unit Proximity Baseline was sold by Avenue North

National City Industrial Building Gets New Owner in $20 Mil Trade
79k sf facility picked up by L.A. investor

Kilroy Lands $375 Mil Financing on Del Mar Mixed-Use Campus
JLL arranges money on 23-acre portion of One Paseo

Kingsbury Hospitality REIT I Buys 136-Room AZ Hotel Property
$21.5 mil purchase is for Cambria Hotel Phoenix Chandler Fashion Center

Colson Group USA Inks Lease for 119k sf at Spec Phoenix Industrial Development
Firm is first tenant to commit at CapRock West 202 Logistics

Watch an Expert Panel Discuss the Greater L.A. Multifamily Market at RENTV's State of the Market Conference, Held Aug 17t
The panel consisted of: Alex Valente, Principal, Trammell Crow Company; Jerry Fink, Managing Partner, The Bascom Group; Daniel Withers, Senior Vice President, Matthews Real Estate Investment Services™; Henry Manoucheri, CEO, Universe Holdings; and Paul Julian, President, Advanced Real Estate Services.

San Diego Sees Coworking Growth
Report from JLL suggests region at less risk than other CA markets

Mark Your Calendars - San Diego CRE Conference on Nov 17th
RENTV is presenting its San Diego State of the Market Conference on Tuesday, November 7, 2023 at the Westin Carlsbad Resort & Spa. Learn more here.

Orange County Industrial Market Stabilizing
Kidder Mathews provides 3rd quarter update on the region

Finance Sector Leaders from Axos Bank, Mizrahi Tefahot Bank, PSRS, Provident Bank and Fidelity Mortgage Lenders Share their Insight on the Finance Market for the Greater Los Angeles Area
Watch this high-powered panel of finance pros discuss the Los Angeles area finance market at RENTV's Greater Los Angeles State of the Market Conference, held on August 17 in Culver City.

Multifamily Construction Slows as Rent Growth Eases and Access to Money Tightens
Institutional Property Advisors shares highlights from recent national report

Circular Retail is Emerging as a Growing Segment for Commercial Real Estate
Cushman & Wakefield’s Alanna Loeffler provides insight into this emerging category for the retail sector

San Diego’s Medical Office Market Remains Resilient
Cushman & Wakefield provides a mid-year 2023 look at the sector

See the Speakers from RENTV's Greater L.A. State of the Market Conference
Retail Panel (L-R): Terry Bortnick, Axiom Retail Advisors; Darren Bovard, NewMark Merrill Companies; Jennifer Meade, DJM Capital; Christian Irwin, Federal Realty Investments Trust

Here are photos of all the panels at Thursday's annual CRE event

High Barriers to Homeownership is Boosting Demand for High-End Apartments
Report offers highlights from Institutional Property Advisors' Midyear 2023 Class A Multifamily Outlook 

Watch the Latest Episode of CRE Talk with Guest Barry DiRaimondo of SteelWave
Hosts Steve and Arnie interview Barry DiRaimondo, Co-Founder and CEO of SteelWave, the real estate firm with major investments in creative office, creative industrial and life science properties around the Western US. In this wide-ranging and very interesting conversation, Barry discusses: his start in the commercial real estate business; his first major deals; stories about deals that weren't so great; new projects; and more.

San Diego’s Manufacturing Sector Continues to Expand
JLL offers a quick overview of the market for the region

Denver-Boulder Lab Vacancy Rises in Second Quarter, Remains Among Lowest Nationally
CBRE reports that US life sciences real estate market slows to more sustainable pace in Q2

Ventura County's Industrial Market Faces Space Shortage in Q2 2023
Report from NAI Capital Commercial points to limited new construction and continued demand propping up rental rates

Vacancy Rate for San Diego’s Life Sciences Space Up as Companies Consolidate Their Real Estate
Cushman & Wakefield provides its San Diego Life Sciences Market Report for Q2-2023

L.A. County's Retail Market Struggles to Rebound in Q2 2023
NAI Capital Commercial report points to increased vacancy and slow return to pre-pandemic levels

Phoenix Class A Office Direct Asking Rates Rise Even as Demand Slows
Second quarter 2023 market report from Avison Young offers update on the sector

Inland Empire's Industrial Market Shifts as Sublease Space Rises and Sales Volume Declines
NAI Capital Commercial shares mid-year update on the sector

Community Preservation Partners Acquires Two Res Communities in Albuquerque, NM with Plans to Preserve their Affordable Housing Status
Total acquisition and renovation costs for the assets estimated at $66 mil

ViaWest Group Lands $96.5 Mil in Construction Money for AZ Logistics Project
JLL arranges loan on seven-building The Base, Phase I

Peri & Sons Farms Spends $27.5 Mil on 2,400-Acre Farmland Portfolio in CA’s Imperial County
Purchase is of Starr Ranch property in Holtville

Single-Tenant Kohl’s Store in Texas Gets new Owner for $14.6 Mil
55k sf property was purchased for $266/sf by an out-of-state investor

Texas Industrial Property Trades in $10 Mil Sale/Leaseback
50k sf Midland asset sold by Extract Production

A.M. Castle & Co Inks $46 Mil Lease for 282k sf Facility in Paramount
Transaction enables firm to expand operations from a portion of the building to the entire property

AZ Industrial Building Bought by Owner/User in $5.5 Mil Deal
23k sf facility goes for $235/sf

Office Property in Fort Collins, CO Trades for almost $500/sf
Well-located 6.8k sf building could also be leased to retail tenants

Slick City Action Park Leases 34k sf of Space at AZ Retail Center
10-year deal is at Thunderbird Village in Peoria

Terreno Realty Corporation Picks Up Santa Ana Site for Redevelopment
Three office structures to be replaced with a modern industrial project

Calvera Partners buys 192-Unit Multifamily Property in Forth Worth, TX
Purchase is final acquisition in the firm’s Multifamily Transformation Fund

Arizona Medical Office Complex Sells for $4.6 Mil
17.5k sf asset is in Sun City West

Rockefeller Group Picks Up Former Walmart Site in North Las Vegas
Plans call for two spec industrial buildings totaling 369k sf

TX Hotel Lands $21 Mil Refi
New loan is on 165-room Colton Court in Lubbock

Echo Real Estate Capital Buys 11.6 Acres of AZ Land for Industrial Development
Firm to build four-building, 182k sf project

Class A Industrial Facility in Tulsa, OK Trades for $84/sf
178k sf building will be used as HQ for professional soccer team

Industrial Development Site in the Boise Area Trades Hands
12.7-acre property in Caldwell picked up by a transportation company

City of Hope Recognizes CBRE’s Val Achtemeier, Darla Longo and Barbara Perrier for Decades of Professional and Charitable Accomplishments
Trio becomes first all-female group to receive the Spirit of Life® Award

Artisan Ventures and an affiliate of Walton Street Capital Pick Up 160k sf SoCal Portfolio
Purchase consists of light industrial properties in Santa Fe Springs and Brea

Harbor Capital Buys Vacant Texas Industrial Building
198k sf property is in San Antonio

Financing Deals on Two Washington Assets Total $18.5 Mil
Gantry arranges loans on an industrial property in Kent and on a build-to-rent community in Vancouver

Utah Hotel Portfolio Trades for $8.9 Mil
Transaction consists of two nearby properties in Cedar City

CRE Industry Turns Out for Building Block Foundation Fund Charity Event at Newport Dunes
Annual event raised $140,000 for designated charities

Merrick Leases 69k sf of Office Space in Colorado
Engineering firm sets up HQ location at Greenwood Corporate Plaza in Greenwood

New Single-Tenant Starbucks Property in Fresno Sells for $1,382/sf
2.3k sf property is five minutes from California State University, Fresno

Rising Realty Partners Pays $23 Mil for North Las Vegas Biz Park
Six-building Northport Business Center goes for $181/sf

ColRich Buys 228-Unit Res Property in Bend, OR
Seasons at Farmington Reserve sold by Security Properties

ToySmith Leases 159k sf WA Facility
Class A building in Tacoma will serve as the firm’s headquarters

North Palisade Partners Pays Nearly $20 Mil for Eight-Acre Site in Hayward
Fully leased property is currently occupied by five tenants

Three CRE Industry Bouts Announced for NAIOP SoCal’s Night at the Fights
Popular industry event is set for September 21 in Costa Mesa

Birtcher Development Obtains $75 Mil in Construction Money for Inland Empire Industrial Project
Birtcher Logistics Center Rialto will offer 492.6k sf of Class A space

Kimley-Horn Leases 79k sf of Office Space in Phoenix
North Carolina firm expanding and relocating from three miles away

Brand new Colorado Industrial Project Trades for $8.5 Mil
36k sf Airpark North in Loveland acquired by The Colorado Floor Company

Rexford Industrial Realty Spends $38 Mil on Two Properties in the Santa Clarita Valley
Single-tenant buildings are fully leased

490k sf Goodyear, AZ Industrial Project Lands $39 Mil Refi Loan
Baker Development Corporation and Foundation Capital Partners land new financing on Yuma|143 development

San Jose Medical Office Building Purchased by Medical Organization
17k sf facility fetches over $500/sf

Houston Investor Buys 147k sf OR Retail Property
Former Sears building is attached to 1.4 msf Clackamas Town Center in Happy Valley

ViaWest Group Picks Up 587k sf Phoenix Industrial Portfolio
Purchase consists of six buildings

City Lights Church Buys 48k sf Flex Building in Greeley, CO
Structure sits on 4.6 acres

Wood Investments Companies Secures $39 Mil in Refinancings on Two Idaho Retail Centers
Gateway Marketplace and CentrePoint Marketplace are in the Boise area

HVAC/R Equipment Distributor Pays $267/sf for Nevada Owner/User Building
18k sf Henderson property goes for $4.75 mil

Rockefeller Group Picks Up 14 Acres in the Inland Empire for Distribution Development
Firm to build 259k sf Patterson Commerce Center on the Perris land

RADCO Companies Buys 143-Room Phoenix Hospitality Property
Firm to renovate the Aloft Phoenix-Airport hotel

Access all of RENTV's past video programs




Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2023 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media