• Concourse at Westway

    Houston-Based Griffin Partners Acquires Concourse at Westway

    January 15, 2020 – JLL Capital Markets and Griffin Partners Inc. announce today that they have closed the sale of Concourse at Westway, a Class B, 130,223-square-foot, value-add office building in West Belt submarket of Houston, Texas. JLL marketed the property on behalf of the seller, EverWest. Houston-based Griffin...
  • Kallisto

    Gelt, Inc. Acquires Kallisto at Bear Creek, a 472-Unit Apartment Property in Lakewood, CO, for $145.5 Million

    January 17, 2020 – Gelt, Inc., a Los Angeles-based real estate investment and asset management firm, is pleased to announce it has significantly expanded its Denver region apartment portfolio with the $145.5 million acquisition of Kallisto at Bear Creek. Located at 2605 S. Miller Drive in the Bear Creek...
  • Ainsworth Circle

    Portland Distribution Warehouse Sold for $16.2M

    January 17, 2020– JLL Capital Markets announced that it has closed the $16.2 million sale of a 126,303-square-foot distribution warehouse building triple net leased to Johnstone Supply at 11632 NE Ainsworth Circle in Portland, Oregon. JLL marketed the property on behalf of the seller, Stockbridge. 11632 NE Ainsworth Circle...
  • RPG Encinitas Office

    RPG Expands Portfolio with Acquisition of Encinitas Office Building

    January 16, 2020 – RPG, a San Diego-based owner, operator, and developer of high-quality commercial real estate, has expanded its portfolio of creative and value-add assets in Northern San Diego County with the acquisition of an office building at Pacific Station in Encinitas, where the firm currently owns a...
  • Foothills Gateway

    Foothills Gateway Corporate Center Trades for $11.5 Million

    January 10, 2020 – On behalf of HB Foothills Gateway, Cushman & Wakefield has closed the sale of Foothills Gateway Corporate Center located at 4505 E. Chandler Boulevard in Phoenix. Equity Advantage Inc. purchased the property for $11.5 million. Located in the prestigious Southeast Valley neighborhood of Ahwatukee Foothills,...
  • Landsea Homes

    Landsea Homes Bolsters Arizona Homebuilding Portfolio by Acquiring Garrett Walker Homes

    January 16, 2020 – Landsea Homes, a leading homebuilder and developer of vibrant master-planned communities in prime locations, announced it has acquired Garrett Walker Homes, a Phoenix-based homebuilder providing unique, high-quality, value-based single-family homes in 18 Phoenix-area communities. “Garrett Walker Homes’ team includes high-quality people who understand the value...
  • Las Vegas Industrial

    Las Vegas Strip-Adjacent Industrial Portfolio Sold in Deal Brokered by Cushman & Wakefield

    January 14, 2020 – Cushman & Wakefield announced today that the firm has brokered the investment sale of a 276,443-square-foot (sf) industrial portfolio in Las Vegas, Nevada. The portfolio sale consisted of three multi-tenant industrial projects: The Park @ Arville at 4350 Arville St. (160,277 sf), Valley View Commerce...
  • Royal Centre III

    Bridge Commercial Real Estate Expands MarketSource Lease to 121,000 Square Feet at Royal Centre IV

    January 14, 2020— Bridge Investment Group LLC’s (Bridge) subsidiary Bridge Office Fund Manager (Bridge Office) announced today a string of new tenant signings and lease expansions at Royal Centre III and IV, two Class A office buildings in Alpharetta. Located on Great Oaks Way, the buildings are both in...
  • Santa Barbara Public Market

    JLL Named to Market Santa Barbara Public Market

    January 14, 2020 – JLL Capital Markets announced today that it has been selected by Urban Developments to market for sale Santa Barbara Public Market, a 19,867-square-foot, LEED Certified, state-of-the-art artisanal food hall in Santa Barbara’s historic downtown district. Completed in April of 2014, Santa Barbara Public Market comprises...
  • Oakhill

    Audubon Doubles Down on Athens with Latest Acquisition

    January 14, 2020 – Audubon, an Atlanta-based real estate firm specializing in the acquisition and management of multifamily properties, announced last Friday they have closed on the purchase of Oak Hill Apartments in Athens, GA. Following this acquisition, Audubon now owns and manages a 25-property portfolio containing more than...
  • Mount Laurel Office Center

    Investor Acquires The Mount Laurel Office Center in Southern New Jersey

    January 14, 2020 – JLL Capital Markets announced today that it has closed the $11.05 million sale of The Mount Laurel Office Center, an 83,216-square-foot office portfolio located at 530, 532, and 534 Fellowship Road in Mount Laurel, New Jersey. JLL represented the seller, Pennmark Properties, and procured the...
  • Capital Center

    Bridge Investment Group LLC Acquires Capital Center and Somerset Corporate Center in Metro Raleigh

    January 13, 2020— Bridge Investment Group LLC’s (Bridge) subsidiary Bridge Office Fund Manager (Bridge Office) announced today the acquisition of two Class-A office assets in North Carolina’s capital city. Both properties — Capital Center, a seven-story, 161,698-square-foot building in West Raleigh, and Somerset Corporate Center which contains two buildings...
  • Astoria Portland

    The Astoria in Portland, OR Sells for $12M

    January 13, 2020— Kidder Mathews is pleased to announce the sale of The Astoria apartments for $12,000,000. The 68-unit apartment complex is located at 1913 N.E. 73rd Avenue in Portland, Oregon. Kidder Mathews’ team of multifamily investment brokers, Jordan Carter, Clay Newton, and Tyler Linn, exclusively represented both the...
  • Hilton Hotel San Jose

    Hilton San Jose Hotel Sold for $117.55M

    January 13, 2020 – JLL Hotels & Hospitality announced today that it has closed the $117.55 million sale of the 353-room Hilton San Jose in downtown San Jose on behalf of the seller, Han’s Holdings Group Ltd. Senior Managing Director John Strauss and Executive Vice President Mark Fraioli led...
  • 2140 W Pinnacle Peak

    One of the Largest Single-Tenant Industrial Buildings in the Deer Valley Submarket Sells for $17M

    January 13, 2020— Pinnacle Peak CO, LLC, an investment company based out of Bellingham, Washington, has paid $17,000,000 cash for the sale of an industrial manufacturing building located at 2140 West Pinnacle Peak Road in Phoenix, Arizona. The building was purchased from Thul, LLC, a principle of APSM Systems,...
  • Tesla

    Largest Tesla Facility in Arizona Sold to Chinese Investor

    January 13, 2020 – Cushman & Wakefield announced that Sunrise Investment 8300 LLC has purchased 8300 East Raintree Drive in Scottsdale, Ariz. for $13.95 million. The entire facility is occupied by Palo Alto based Tesla NASDEQ: TSLA (www.tesla.com) on a long-term net lease. Michael Kitlica, national NNN leased asset...
  • Westlake Plaza

    Newport Capital Partners Sells Westlake Plaza in Chicago

    January 13, 2020 – JLL Capital Markets announced today that it has closed the sale of Westlake Plaza, a 42,018-square-foot, internet-resistant neighborhood shopping center in Chicago’s affluent Northshore community of Wilmette, Illinois. JLL represented the seller, Chicago-based Newport Capital Partners. A private real estate fund advised by Crow Holdings...
  • T Mobile Chicago

    New Two-Tenant Aspen Dental and T-Mobile Trades in Chicago Metro

    January 10, 2020 — 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 completed the sale of a new-construction, two-tenant, retail pad building occupied by an Aspen Dental-branded practice and T-Mobile in...
  • Urban Air

    WPC Leases to Urban Air Adventure Park in Frederick, MD

    January 10, 2020—- Washington Property Company (WPC) of Bethesda, MD is bringing an exciting family entertainment destination to its Ballenger Creek Plaza shopping center in Frederick, MD. Urban Air Adventure Park has leased a 40,484 square foot space formerly occupied by a furniture store, with plans to open in...
  • Rockvale

    Avison Young Completes $7.5 Million Sale of 34-Unit Apartment Property in Azusa, CA

    January 10, 2020 – Avison Young announced today the $7.5 million sale of Rockvale Apartments, a 34-unit, multifamily property located at 333 N. Rockvale Avenue in Azusa, CA (Los Angeles county). Avison Young’s Peter Hauser, Matt Hauser and Masa Ito in the company’s Irvine, CA office, represented the seller,...
  • Buchanan Street

    Buchanan Mortgage Funds $55M Construction Loan

    January 9, 2019— Buchanan Street Partners closed a construction loan for The Orchard, a 177,000 SF mixed-use residential and retail development located in Azusa, CA. The $55,000,000 loan will be used to build 163 market-rate apartments over 31,700 SF of retail. The development represents the borrower’s second mixed-use development...
  • 45-18 Court Square

    Long Island City life science project receives $156M in financing

    January 9, 2020 – JLL Capital Markets announced today that it has arranged $156 million in construction financing for the adaptive re-use of 45-18 Court Square into a Class A, state-of-the-art life science building in the Long Island City neighborhood of Queens, New York. JLL worked on behalf of...
  • 1460 India Street

    Forge Acquires 1460 India Street for Innovative Workforce Housing Project

    January 9, 2020– Forge Development Partners (Forge), a privately held San Francisco real estate development firm, is proud to announce its acquisition of the property located at 1460 India Street. With this acquisition, Forge hopes to perpetuate the workforce history and legacy of the area that is Little Italy....
  • Crowne Plaza Portland

    Crowne Plaza Portland-Lake Oswego sold to BHG Hotels

    January 9, 2020 – JLL announced today that it has closed the sale of and arranged acquisition financing for the Crowne Plaza Portland-Lake Oswego, a 161-room, full-service hotel in the Portland-area community of Lake Oswego, Oregon. JLL Hotels & Hospitality marketed the property on behalf of the seller. BHG...
  • Taxi-III

    Denver Creative Office Project Receives $27M Refinancing

    January 9, 2020 – JLL Capital Markets announced today that it has arranged a $27 million refinancing for TAXI III, a two-building, Class A creative office project totaling 91,775 square feet in the RiNo neighborhood of Denver, Colorado. JLL worked on behalf of the borrower, Zeppelin Development, to secure...
  • Harms Road Industrial Park

    Five-Building Industrial Park in Houston Trades Hands

    January 9, 2020 – JLL Capital Markets announces that it has closed the sale of Harms Road Business Park, a five-building industrial park totaling 124,000 square feet in Houston’s highly sought-after Northwest Industrial submarket. JLL marketed the property along with NAI Partners on behalf of the seller, United Equities,...
  • CT Realty Columbus

    CT Realty Set to Develop 5.7-MSF Logistics Park in Columbus, Ohio

    January 8, 2020 – CT Realty has expanded its nationwide logistics portfolio with the purchase of 382 acres of industrial land in Columbus, Ohio for the development of 5.7 million square feet of large-scale warehouse and distribution space. Located in the largest and best-performing industrial submarket of Columbus, the...
  • Ingram Park

    Franklin Street Closes $8.2 Million Multifamily Asset Sale in Miami-Dade MSA

    January 8, 2020 – Franklin Street has negotiated the sale of Ingram Park Apartments, a 118-unit rental community located at 14255 – 14460 NW 22nd Avenue in Opa-Locka, Fla., approximately 20 minutes northwest of Miami. Hernando Perez, Joe Rubin and Oscar Banegas of Franklin Street’s multifamily investment sales team...
  • Avison Young Phoenix

    Avison Young Grows Phoenix Office, Expands its Office Footprint

    January 8, 2020 – David M. Genovese, Avison Young Principal and Managing Director in Arizona, announced today that the firm’s Phoenix office is expanding. It has signed a new, six-year lease totaling nearly 12,000 square feet (sf) that will accommodate its growing team as well as elevate its corporate...
  • ATI Physical Therapy

    Avison Young awarded 134K SF office building sale listing in suburban Chicago

    January 8, 2019 – Avison Young has been awarded the exclusive disposition assignment for a fully-leased, 134,697-square-foot (sf) corporate office building in the Chicago suburb of Bolingbrook, IL. The building is 100% leased on a long-term basis to ATI Physical Therapy, a leading U.S. outpatient healthcare provider with 887...
  • Wilmington

    Five-Portfolio 26-Property Multifamily Sale Underway in Los Angeles

    January 8, 2020 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of two of five portfolios in the Armor Portfolios, a 26-property, 642-unit collection of multifamily assets in Los Angeles with...
  • The Jax

    Casoro Group Secures $35.5M Financing for The Jax

    January 8, 2020 – JLL Capital Markets announced today that it has arranged $35.5 million in financing for The Jax, a 322-unit multi-housing property in Northwest San Antonio. JLL worked on behalf of the borrower, Casoro Group, to secure the five-year, floating-rate acquisition loan through Nexbank. The Jax is...
  • 201 N Charles

    Hubris Capital purchases Baltimore office properties for $29.228M

    January 7, 2020 – JLL Capital Markets announced today that it has closed the sale of 100 South Charles-Tower II and 201 North Charles, two office properties totaling $29.228 million in Downtown Baltimore, Maryland. JLL represented both sellers in separate transactions. An investor led by Dallas-based Hubris Capital purchased...
  • Umbrella Factory Brooklyn

    JLL Arranges $63.6M Refinancing for The Umbrella Factory in Brooklyn

    January 7, 2020 – JLL Capital Markets arranged a $63.6 million loan to refinance The Umbrella Factory at 722 Metropolitan Avenue, a mixed-use condominium and retail development in the Williamsburg neighborhood of Brooklyn, New York. The group worked on behalf of Local Capital Group LLC and SL Development LLC...
  • The Groves

    Cushman & Wakefield Arranges the Sale of The Groves for $18.5 Million

    January 7, 2020 – Cushman & Wakefield completed the sale of The Groves, a Walmart shadow anchored shopping center located in Tempe, Ariz. Jabbel Holdings, LLC purchased the property for $18.5 million. Michael Hackett and Ryan Schubert of Cushman & Wakefield’s Phoenix office negotiated the transaction on behalf of...
  • Stevens Road Bend

    Cushman & Wakefield Brings 382 Acres of Land to Market for Sale in Bend, OR

    January 7, 2020– Cushman & Wakefield announced today the firm has been retained as exclusive advisor by Oregon Department of State Lands for the sale of approximately 382 acres of land located in Bend, Oregon. Referred to as the Stevens Road Tract, the property is currently unentitled, however, is...
  • 4142 Cahuenga

    Lee & Associates-LA North/Ventura Transacts 10-Unit Multifamily Sale

    January  6, 2020 – A 10-unit multifamily property, Colonial Manor Apartments, at 4142-4152 Cahuenga Blvd. in the Toluca Lake submarket of Los Angeles has traded for $3,615,000, nearly half a million dollars above list price, according to Warren Berzack, a principal of Lee & Associates-LA North/Ventura, who represented the...
  • Gateway Wynwood

    Gateway at Wynwood Scores $76M Construction Loan from Berkadia/3650 REIT

    January 3, 2020 – 3650 REIT (“3650”), a balance-sheet lender which originates, services and asset-manages long- and short-term fixed-rate commercial real estate loans through maturity, along with Berkadia Commercial Mortgage LLC (“Berkadia”), a leading mortgage banking, investment sales and servicing firm, announce the origination of a $76 million bridge...
  • Arco

    Cushman & Wakefield Sells Three Properties for $8.87 Million

    January 2, 2020 – Chris Hollenbeck and Shane Carter of Cushman & Wakefield completed the sale of three single-tenant NNN properties in Arizona for a total of $8.878 million this past week. The three properties, Wilhelm Automotive, Big O Tires and ARCO, total 14,819 square feet (sf) and were...
  • Meridian Concourse Center

    Avison Young closes $15.4M sale of Meridian Concourse Center in Clearwater, Florida

    January 2, 2019 — Avison Young negotiated the $15,382,000 sale of Meridian Concourse Center, a value-add portfolio comprised of three single-story garden office/service center buildings totaling 150,633 square feet at 4400, 4600, & 4800 104th Ave. North, Clearwater, Florida. Avison Young Principal Tim Callahan, Vice President Allen Henderson, and...
1 2 3 95