• 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...
  • 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...
  • Emile Haddad

    FivePoint Donates $1 Million to the USC Sol Price School of Public Policy

    September 11, 2019 – A $1 million gift from FivePoint will support real estate faculty recruitment, student scholarships and a series of disruptive dialogues on developing future sustainable communities, the USC Sol Price School of Public Policy announced. FivePoint Chairman and Chief Executive Officer Emile Haddad, who also serves...
  • 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...
  • Matt Burnett Hanley Investment Group

    Hanley Investment Group Hires Matt Burnett as Executive Vice President

    September 10, 2019 – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that industry veteran Matt Burnett has joined Hanley Investment Group as an executive vice president. Burnett specializes in advising clients in the acquisition...
  • MIPIM Proptech NYC

    Reed MIDEM Announces Headliners for MIPIM Proptech NYC 2019

    September 10, 2019 – Reed MIDEM and MetaProp NYC are pleased to announce major headline speakers for the annual 2019 MIPIM PropTech NYC on November 12-13, 2019 at the Metropolitan Pavilion with conference sessions also taking place at the Altman Building next door. This year’s exciting lineup includes Anthony...
  • 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,...
  • Colby Durnin CREDE

    Sentinel Real Estate Group and Paragon Construction Consulting, Inc. Merge to Form form CREDE

    September 10, 2019 – Sentinel Real Estate Group, an Irvine, California-based commercial real estate development company, has announced a merger with Paragon Construction Consulting, Inc. to form a new company, CREDE (Commercial Real Estate Development Enterprises). The company also announced the addition of commercial real estate veteran Rob Cord...
  • Kidder Mathews

    Veteran Valuation Advisory Team Joins Kidder Mathews in Sacramento

    September 9, 2019— Craig Owyang and Michelle Owyang have joined Kidder Mathews Valuation Advisory Services in the Sacramento office. Craig Owyang joins Kidder Mathews as a senior vice president. He has over 35 years of experience appraising commercial and agricultural real estate and is recognized as an expert in...
  • 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...
  • Brookfield Residential Part of Top Master-planned Communities in the USA

    September 6, 2019– Brookfield Residential, a leading land developer and homebuilder in North America, is proud to be part of selling new homes in three of the top 15 U.S. masterplan communities according to the new, mid-year report from RCLCo. The communities are in the Southern California, Phoenix and...
  • Woodbury Commons

    Hanley Investment Group Arranges Sale of New Multi-Tenant Retail Pad Building in Twin Cities Metro for $11.8M

    September 6, 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 arranged the sale of Commons Plaza, a new-construction, retail property consisting of three freestanding buildings in Twin Cities metro area, Minnesota....
  • 401 Wilshire Blvd

    Avison Young Named Exclusive U.S. Property Representative for Body Fit Training; Santa Monica Lease Signed

    September 5, 2019 — Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has been named the exclusive U.S. property representative for Australia-based Body Fit Training. The real estate company will help coordinate the fitness franchisor’s expansion across the U.S. Body Fit Training is...
  • ONUS Global Fulfillment Solutions

    Savills Represents ONUS Global Fulfillment Solutions in Southern California Expansion

    September 5, 2019— Savills represented ONUS Global Fulfillment Solutions, a supply chain management firm that designs and implements solutions in both freight management and e-commerce, in the lease of a new warehouse and distribution facility in Southern California. The company has taken the entire 217,258-square-foot property at 1175 East...
  • Hollywood Sunset

    Avison Young Brokers $8.1 Million Sale of 12,085-Square-Foot Retail Property in Hollywood, CA

    September 5, 2019 – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has brokered the $8.1-million sale of a 12,085-square-foot (sf) multi-tenant retail storefront property in Hollywood, CA. Located at 7611 to 7623 Sunset Boulevard, the two-building asset is situated on slightly more...
  • Infinity Park Phoenix

    JLL Arranges $22.86M Financing for 2 Denver-Area Apartments

    September 5, 2019 – JLL announces it has arranged financing totaling $22.86 million for Phenix at Infinity Park I and II, two adjacent multi-housing properties totaling 185 units in the Denver suburb of Glendale, Colorado. Working on behalf of Glendale-based Slipstream Properties, JLL arranged two 10-year, interest-only, fixed-rate loans...
  • Watermarq Germantown

    Passco Companies and Avenida Partners Break Ground on Two Active Seniors Developments

    September 5, 2019—  Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has collaborated with Avenida Partners, a real estate firm focused on the development and management of high-quality apartment communities for adults age 55-plus,...
  • Dupree Building

    Bridge Investment Group Acquires Dupree Building in Metro Atlanta

    September 5, 2019 – Bridge Investment Group LLC’s (Bridge) subsidiary Bridge Office Fund Manager (Bridge Office) announced today the acquisition of the Dupree Building, a six-story, 138,433-square-foot office building located at 6120 Powers Ferry Road in Atlanta. Situated in the Powers Ferry district of the Cumberland/Galleria submarket with convenient...
  • 7 Eleven Cape Coral

    Avison Young Brokers Sale of Retail Property Occupied by 7-Eleven in Cape Coral, FL

    September 5, 2019—  Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has brokered the sale of a single-tenant gas station and convenience store property fully occupied by 7-Eleven, located at 714 Burnt Store Road in Cape Coral, FL, the largest city between Tampa...
  • Park Hill City

    Parkhill City Adds Finishing Touches to Phase II

    September 5, 2019 – Parkhill City, a dazzling multifamily complex being developed by the Chetrit Organization at 152-11 89th Avenue, between 150th and 153rd Streets in Jamaica, Queens, has opened its leasing office. The two-building complex, which faces Rufus King Park, will have 483 spacious studio- through three-bedroom residences...
  • Lee & Associates-LA North/Ventura Transacts 20,000 SF Creative Office Sale

    September 5, 2019 – A 20,150-square-foot creative office building in the Toluca Lake submarket of Los Angeles has traded to a private investor for $7,000,000, or $347 per square foot, in an off-market transaction, according to Darren Casamassima, a Principal of Lee & Associates-LA North/Ventura, who represented the buyer...
  • Park and Broadway San Diego

    Liberty National Acquires Prominent Downtown San Diego Site to Develop new 40-story MXU Project featuring 640 Housing Units

    September 5, 2019 – Cushman & Wakefield announced today the firm has advised the sale of 0.69 acres (30,000 square feet) of land prominently located at the intersection of Park Boulevard and Broadway in downtown San Diego’s East Village. Liberty National Corporation acquired the property from the Salvation Army....
  • 251 West 30th

    Cloudflare to Relocate to Herald Square

    September 5, 2019 – Cloudflare has signed a lease for more than 7,000 square feet on two floors at 251 West 30th Street, comprising the entire 4,799-square-foot 16th floor and 2,250 square feet on the 15th floor. One of the largest Internet services providers in the world, used by...
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