• 150 West 22nd

    Lee NYC Brings First Retail Outpost for Inked to 150 West 22nd Street

    September 20, 2019 – Dennis Someck, Executive Managing Director/Principal, and Justin Myers, Senior Managing Director/Principal, of Lee & Associates NYC have arranged a 10-year, 8,500 square-foot lease at 150 West 22nd Street, between Sixth and Seventh Avenues, for Inked, a division of Quadra Media. The space is split between...
  • Robinson Marketplace

    Cushman & Wakefield Facilitates Sale of 2 Buildings at Robinson Marketplace for a Combined $5.25 Million

    September 20, 2019 – Cushman & Wakefield has announced the sale of 677 Alcott Street and 646 Bryant Street, two buildings at Robinson Marketplace, located at the NWC of 6th Ave and I-25 in Denver, CO. The two buildings closed on September 12th and sold for a combined $5.25...
  • Elan 99 West

    American Landmark Acquires 360-unit Class “A” Asset in Suburban Houston

    September 19, 2019— American Landmark Apartments (American Landmark), one of the fastest-growing multifamily owner-operators in the country, has acquired Elan 99 West, a 360-unit multifamily community in the suburban Houston community of Katy, Texas. The property will undergo a $1.35 million capital improvements project program and be renamed Elite...
  • Villas De Santa Fe

    Berkadia Arranges Sale of 208-unit Multifamily Asset in Northwest San Antonio

    September 19, 2019– Berkadia announces it has arranged the sale of Villas de Santa Fe, a 208-unit multifamily community in San Antonio. Berkadia Managing Director Mike Miller, Senior Director Will Caruth, Director Chris Ross and Associate Director Cody Courtney arranged the sale on behalf of Comunidad Realty Partners, a...
  • 155 Wooster Street

    Lee NYC Negotiates Lease for WiredScore at 155 Wooster Street

    September 19, 2019 – Dennis Someck, Executive Managing Director/Principal, Justin Myers, Senior Managing Director/Principal, and Conor Krup, Director, of Lee & Associates NYC have arranged a three-year, 5,962-square-foot lease on the entire second floor at 155 Wooster Street, between West Houston and Prince Streets, for the office of WiredScore,...
  • Exposition LA

    The Luzzatto Company secures $37.2M Financing for LA Creative Office Development

    September 19, 2019 – JLL announces it has arranged $37.2 million in bridge financing to complete the acquisition and redevelopment of Exposition 3 into a multi-phase creative office campus adjacent to two metro stations and within an Opportunity Zone in Los Angeles’ West Adams submarket. JLL worked on behalf...
  • Crown Pointe Bellevue

    Newmark Knight Frank Advises on $47,750,000 Sale of Crown Pointe in Kirkland, WA

    September 19th, 2019 – Newmark Knight Frank (NKF) has advised on the $47,750,000 sale of Crown Pointe, a Class A, four-building, 131,053-square-foot office park located at 4010-4040 Lake Washington Blvd NE, Kirkland, Washington. The seller is TA Realty, LLC, and they were represented in the transaction by NKF Executive...
  • Medical-Dental-Building

    $113M sale of Medical Dental Building in Seattle completed by JLL

    September 18, 2019— JLL announced today that it has closed the $113 million sale of the historic Medical Dental Building, an approximately 300,000-square-foot, office/medical building located in the dynamic Seattle central business district. JLL marketed the property on behalf of the seller, Goodman Real Estate, Inc., and procured the...
  • Greenway Marketplace

    Cushman & Wakefield Sells Surprise, AZ Marketplace for $3.75 Million

    September 17, 2019 – Cushman & Wakefield facilitated the purchase of a portion of Greenway Marketplace, located at 15261 N. Reems Road in Surprise, Ariz., on behalf of Q3 Surprise LandCo, LLC. Hazelwood Properties USA, LLC sold the property for $3.75 million. Chris Hollenbeck of Cushman & Wakefield’s Phoenix...
  • Energy Court

    JLL closes $6.35M sale of suburban Sarasota office building

    September 18, 2019 – JLL announced today that it has closed the $6.35 million sale of Energy Court Center at Lakewood Ranch, a 26,552-square-foot, best-in-class suburban office building in the Sarasota community of Lakewood Ranch, Florida. JLL represented the seller, AHL 511, LLC. Naples Crown Realty, LLC, based out...
  • Olde Raleigh

    Taurus Investment Holdings Secures $24M Financing for Olde Raleigh Apartments

    September 18, 2019 – JLL announced today it has secured $24 million in financing for Olde Raleigh Apartments, a 228-unit, garden-style apartment community located in Raleigh, North Carolina. JLL worked on behalf of Taurus Investment Holdings, LLC, to arrange the 10-year, floating-rate loan through Freddie Mac’s Green Advantage program....
  • Lakeland FL

    Hanley Investment Group Arranges Pre-Sale of New 7-Eleven for Record-Low Cap Rate

    September 17, 2019– Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has arranged the pre-sale of a new-construction, single-tenant 7-Eleven in Baldwin Park, California. The sale price was $4 million for the...
  • 413 Broadway

    Lee NYC Awarded Exclusive Agency for 22,494-Square-Foot Mixed-Use Portfolio at 409-413 Broadway in Brooklyn

    September 17, 2019 – Vickram Jambu, Senior Managing Director of Investment Sales, Chris Varjan, Senior Managing Director of Investment Sales, Jonathan Braun, Director, and George Steffani, Director, of Lee & Associates NYC, have been named the exclusive sales agents for the two contiguous elevator apartment buildings located in Williamsburg,...
  • 5101 W Jefferson Blvd

    Lee & Associates Transacts NNN Leased Investment Sale for $4,000,000

    September 17, 2019 – A retail asset net-leased to Jack in the Box has traded for $4,000,000, according to Cole Martens and Cory Stehr, principals of Lee & Associates-LA North/Ventura, who represented the buyer in the transaction. The 2,650-square-foot store is located at a signalized intersection in front of...
  • 12375 World Trade Drive

    Rancho Bernardo Industrial Building Sold for $9.5 Million

    September 17, 2019— Colliers International San Diego Region announces the sale of a 46,936-square foot, stand-alone industrial building located in San Diego’s Rancho Bernardo neighborhood for $9,500,000. Evan McDonald, SIOR of Colliers International represented the buyer, Alfa Partners, LLC in the off-market transaction. The seller, 12375 World Trade Drive...
  • Rally’s Restaurant

    Avison Young Brokers Sale of Retail Property Leased to Rally’s in Indianapolis

    September 17, 2019 – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has brokered the sale of an 800-square-foot (sf) single-tenant retail building fully leased to Rally’s Restaurant located at 1520 North Shadeland Avenue in Indianapolis, IN. Rally’s Restaurant operates and franchises Rally’s...
  • 7550 Panasonic Way, San Diego

    Otay Mesa Industrial Building Sold for $6 Million

    September 16, 2019— Colliers International San Diego Region announces the sale of a 46,830-square foot industrial building located in San Diego’s Otay Mesa neighborhood for $6,375,000. Mark Lewkowitz and Chris Holder of Colliers International represented the seller, Guy C Clum Trust. The buyer, RMJF LLC, was represented by Craig...
  • Woodgate Apartments

    Levin Johnston Directs Two Property Trades Totaling $28.6 Million in California Bay Area

    September 16, 2019— Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has successfully directed the acquisition of a newly renovated office in Redwood City, California, along with the sale of an apartment...
  • 251 West 30th Street

    JLL arranges $53M bridge loan for Chelsea Square

    September 16, 2019 – JLL announced today that it has arranged a $53 million bridge loan for Chelsea Square, a 113,629-square-foot, boutique office property in the Penn Plaza submarket of Manhattan. JLL worked on behalf of the borrower, HSP Real Estate Group, to secure the three-year financing through Ladder...
  • 22141-Ventura

    Lee & Associates-LA North/Ventura Transacts 20,557-Square-Foot Office Sale

    September 16, 2019 – A 20,557-square-foot office building at 22141 Ventura Blvd. in the Woodland Hills submarket of Los Angeles has traded to an owner-user for $5,872,500, according to Scott Romick and Jay Rubin of Lee & Associates-LA North/Ventura, who represented the seller in the transaction. “One of the...
  • Hyatt House Fulton

    JLL Arranges $61M Financing for New Hyatt House Hotel in Chicago

    September 12, 2019 – JLL announces that it has arranged a $61 million refinancing for Hyatt House Fulton Market, a 200-room, newly constructed hotel in Chicago’s Fulton Market District. JLL worked on behalf of the borrower, a partnership between Sterling Bay and Wheelock Street Capital, to place the five-year,...
  • 500 harbour Island

    JLL closes $103.45M sale of 500 Harbour Island in Tampa

    September 12, 2019 – JLL announced today that it has closed the $103.45 million sale of 500 Harbour Island, a 235-unit, luxury high-rise community in Tampa. JLL marketed the property on behalf of the seller, a joint venture between Forge Capital Partners and Intown/Framework Group, and procured the buyer,...
  • Glenwood

    The Multifamily Group (TMG) Sells 733 units in 5 Days

    September 12, 2019—The Multifamily Group (TMG), announced this week the closing of four properties totaling 733 units in three Texas cities. Paul Yazbeck, Chris Siemasko, Bryce Smith and Jon Krebbs represented the sellers and procured the buyers in the following transactions. La Esencia Apartments– 296-units in Houston , TX...
  • La Esencia

    The Multifamily Group (TMG) facilitates 296-unit Deal in Houston

    September 12, 2019 – The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage, announces the sale of the 296-unit La Esencia in Houston located at 300 North Vista Drive. TMG Managing Partner Paul Yazbeck worked with the Chicago-based private equity group selling the asset and Senior Advisor Chris...
  • Ashley Plaza

    RCG Ventures Buys Ashley Plaza in North Carolina for $15.2M

    September 12, 2019 – JLL announced today that it has closed the $15.2 million sale of Ashley Plaza, a 160,356-square-foot super regional retail center in the central North Carolina community of Goldsboro. JLL marketed the property on behalf of the seller, RCG Ventures LLC. Medalist Diversified REIT Inc. purchased...
  • The Grove Wesley Chapel

    JLL announces $62.7M sale of Tampa area retail property

    September 12, 2019 – JLL announces that it has closed the $62.7 million sale of the Grove at Wesley Chapel, a 471,279 square foot, large format community retail center. The property also includes an additional ±114 acres of land for development in the Tampa-area community of Wesley Chapel, Florida....
  • Upper West

    JLL Arranges Preferred Equity Financing for Utah Development

    September 12, 2019 – JLL announced today that it has arranged preferred equity financing for the development of Upper West, a 207-unit, Class-A, transit-oriented, multi-housing property to be constructed adjacent to the TRAX light rail stop in the suburban Salt Lake City community of West Jordan, Utah. JLL worked...
  • Sunset North

    Newmark Knight Frank Completes the $227 Million Sale of Sunset North, a 464,062-SF Office Campus, in Bellevue, WA

    September 13, 2019 — Newmark Knight Frank (NKF) has announced it has completed the sale of Sunset North, a three-building, 464,062-square-foot office campus located at 3180, 3150, and 3120 139th Avenue SE in Bellevue, WA. The property is 99 percent leased to nine tenants including Intellectual Ventures and Arenanet....
  • 184 A St in Hayward

    Pinza Group Closes Five Units in Southern Alameda County for $1.275MM

    September 11, 2019- The Pinza Group,the leading East Bay Multifamily Sales Brokerage and 2018’s Top Multifamily Sales Brokerage in the East Bay according to CoStar, has announced the sale of a five unit multifamily property located at 184 A St in Hayward, CA. Steven Pinza, Esq (President of The...
  • 4701 Cameron St

    Cushman & Wakefield Industrial Team Lease and Sell Approximately 100,000 SF

    September 11, 2019 – The industrial Cushman & Wakefield team of Danielle Steffen, SIOR and Amy Ogden, SIOR recently leased a total of 79,756 square feet (sf) of industrial space in Las Vegas and sold a +/-17,000 sf building to a longtime client, Land Star Management. Landstar Management owns...
  • Marin Corporate Center

    Lee & Associates-LA North/Ventura Transacts $9,250,000 Office Sale

    September 11, 2019 – Lee & Associates-LA North/Ventura principals Jay Rubin and Scott Silverstein transacted the sale of Marin Corporate Center, a 50,234-square-foot office campus in the Thousand Oaks submarket of Ventura County, for $9,250,000. “We received multiple offers for this property, which is a genuine diamond in the rough,”...
  • TriCentre

    Stanton Road Capital Acquires TriCentre in Orange County with Plans for Key Upgrades

    September 10, 2019 – Stanton Road Capital, LLC (“SRC”), a Los Angeles-based investment management firm focused on direct commercial property investments, is pleased to announce the acquisition of TriCentre, a 10-story Class “A” office tower totaling 211,916 SF located in Orange, CA. Completed in 1986, TriCentre is strategically located...
  • Fairfield Shopping Center

    JLL arranges financing for Virginia Beach retail center

    September 11, 2019 – JLL announced today that it has arranged acquisition and renovation financing for Fairfield Shopping Center, a 243,031-square-foot, grocery-anchored retail center in Virginia Beach, Virginia. JLL worked on behalf of the borrower, a partnership between Crosland Southeast and New Market Properties, to place the seven-year, floating-rate...
  • Walgreens Everett

    Suburban Seattle Walgreens Retail Property Sells for $5.5 Million

    September 10, 2019— Colliers International San Diego Region announces the sale of a 14,490-square foot retail property located in the Seattle suburb of Everett for $5,575,000. Jon Busse and Derek Heed of Colliers International represented the seller, Sandpiper Properties LLC, and the buyer, Mark and Pennie LLC. “The property...
  • Watermark Tempe

    Watermark Tempe Signs Three New Retail Tenants

    September 10, 2019 – Cushman & Wakefield and Fenix Development, a Los Angeles-based real estate investment and development company, announced today that three additional retail tenants – four concepts – will join Watermark Tempe’s Phase I. The four concepts are DRNK coffee + tea, QWENCH juice bar, Crumbl Cookies,...
  • Holladay Marketplace

    JLL arranges financing for mixed-use Salt Lake City-area center

    September 10, 2019 – JLL announces that it has secured permanent financing for Holladay Marketplace, a 22,151-square-foot, fully leased, mixed-use retail and office property in the suburban Salt Lake City community of Holladay, Utah. JLL worked on behalf of the borrower, Rockworth Companies, to secure the 15-year, sub-4.5%, non-recourse,...
  • Newport Heights Medical Center

    REDA Completes Sale of Newport Heights Medical Center

    September 9, 2019— Real Estate Development Associates, LLC (REDA), a Southern California-based opportunistic real estate investment and development firm, has announced the sale of Newport Heights Medical Center (NHMC). Built in 2017, NHMC consists of two class A buildings totaling 59,978 square feet. Building One, located at 20350 Birch...
  • Think Here

    Newmark Knight Frank Completes the Sale of Life Science/R&D Office Campus in Thousand Oaks, CA

    September 9, 2019 — Newmark Knight Frank (NKF) has announced it has completed the sale of Think Here, a 160,980-square-foot, Life Science/R&D office campus comprised of two buildings, located at 1525 and 1535 Rancho Conejo Boulevard in Thousand Oaks, CA. The property is located within Conejo Spectrum, a 2.8...
  • 248 Hampshire Road

    Agora Realty Acquires Office Property; Kicks Off Medical Office Conversion

    September 8, 2019— Agora Realty has announced that it has acquired a 16,200-square-foot property located at 248 Hampshire Road in Thousand Oaks, CA. The vacant property had been home to a Chase Bank. Agora has already secured a new tenant and now plans to redevelop the site for a...
  • Jim Pirot Cresa

    Cresa Project Management Completes Third Build-out for The Siegfried Group

    September 6, 2019 – Cresa Managing Principal/Project Management James A. Pirot and Ronald Zeccardi, Senior Vice President/Project Management, have completed the build-out of the newest location for The Siegfried Group (Siegfried) at 3975 Freedom Circle in Santa Clara, CA. The 9,336-square-foot office in the heart of Silicon Valley is...
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