Cushman Wakefield

  • 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,...
  • 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...
  • 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...
  • 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...
  • 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...
  • Rocky Point

    Cushman & Wakefield Brokers Sale of Brand New 226,700 SF Class A Industrial Facility in San Diego

    December 23, 2019 – Cushman & Wakefield today announced the firm has brokered the sale of Rocky Point Distribution Center, a brand new 226,691-square-foot Class A, multi-tenant industrial facility in Oceanside (San Diego), California. The buyer was EastGroup Properties headquartered in Jackson, Mississippi. The seller was Black Creek Group...
  • 702 East Osborn Road

    Midtown Phoenix Office Property Trades for $5.3 Million

    December 18, 2019 – On behalf of Phoenix-based Accelerated Capital Growth LLC, Eric Wichterman and Mike Coover of Cushman & Wakefield have closed the sale of 702 E. Osborn Road in Phoenix. Phoenix-based Boubek Family Trust purchased the property for $5.3 million. The 35,308-square-foot office property is prominently situated...
  • Jefferson at Farmingdale

    Cushman & Wakefield Brokers Sale of Farmingdale, N.Y., Multifamily Asset

    December  17, 2019 – A newly-constructed, luxury mid-rise apartment community has sold in Nassau County, announced commercial real estate services firm Cushman & Wakefield. A team of capital markets specialists based in New York and New Jersey brokered the trade of The Jefferson at Farmingdale Plaza – representing the...
  • Shops at Gainey

    Cushman & Wakefield Arranges the Sale of The Shops at Gainey Village

    December 17, 2019 – Cushman & Wakefield completed the sale of The Shops at Gainey Village, a Sprouts Farmers Market anchored urban village located in Scottsdale, Ariz. An entity formed by Global Retail Investors purchased the property from Gainey Village Retail Center, LLC (an entity formed by Principal Real...
  • 16066 N. 77th Street

    One of a Kind Automotive Showroom Trades for $3 Million

    December 16, 2019 – On behalf of Chandler-based 77 Scottsdale, LLC, Cushman & Wakefield recently negotiated the sale of 16066 N. 77th Street located in Scottsdale, Ariz. for $3 million. Michael Kitlica of Cushman & Wakefield represented the seller and Allen Lowe of Lee & Associates represented the buyer,...
  • 301 Helen Street

    Cushman & Wakefield Brings South Plainfield, N.J., Industrial Asset to Market

    December 10, 2019 – Cushman & Wakefield has been appointed as exclusive agent for a new-to-market industrial sale opportunity in South Plainfield. The commercial real estate services firm is marketing 301 Helen St., a 41,000-square-foot former pharmaceutical facility, on behalf of the Greenblatt Family Limited Partnership. Located minutes from...
  • 5 Wood Hollow Road

    Cushman & Wakefield Arranges Trade of 330,000 SF Morris County, N.J., Office Building

    December  9, 2019 – PAG Investments has acquired a Class A Morris County office building from Mack-Cali Realty Corporation, announced Cushman & Wakefield. The commercial real estate services firm’s New Jersey capital markets team arranged the sale of 5 Wood Hollow Road in Parsippany. Cushman & Wakefield investment sales...
  • 227 Franklin Ave

    Cushman & Wakefield Inks Dining Lease in Downtown Nutley, N.J.

    December 9, 2019 – Pag’s, a popular North Jersey restaurant and catering operator, will relocate from Paramus to Nutley in an expansion move, announced commercial real estate services firm Cushman & Wakefield. The restaurant opened in 2018 on the Paramus Golf Course; its new location at 227 Franklin Ave....
  • 400 Huyler Street

    Cushman & Wakefield Arranges 125,500-SF Lease for Goodwill NYNJ

    December 3, 2019 – Household-name nonprofit Goodwill® Industries of Greater NY and Northern NJ, Inc. (Goodwill NYNJ) has signed a 125,500-square-foot, full-building lease commitment in South Hackensack, announced Cushman & Wakefield. The commercial real estate services firm represented Goodwill NYNJ in its site search and negotiation for Forsgate Industrial...
  • Lakeview Village at Morrison Ranch

    Phoenix-Based Vestar Sells Lakeview Village at Morrison Ranch for $18.2 Million

    November 18, 2019 – The capital markets team of Ryan Schubert and Michael Hackett of Cushman & Wakefield, successfully closed the sale of Lakeview Village at Morrison Ranch. Phoenix-based Vestar sold the Bashas’ grocery anchored shopping center to Colorado-based JFRCO, LLC for $18.2 million. The 93,741-square-foot (sf) retail center,...
  • Syracuse Workforce

    Cushman & Wakefield, Pyramid Brokerage Bring Four-Building Syracuse Apartment Offering to Market

    November 15, 2019 – An 830-unit Syracuse multifamily portfolio has come online for sale, announced Cushman & Wakefield. The commercial real estate services firm, with local affiliate Pyramid Brokerage, is marketing the four-property offering. Boasting an average occupancy of 97%, the portfolio includes a mix of high-rise, mid-rise and...
  • Element Carlsbad

    Creative Carlsbad Campus, Element, Sold for $23.1 Million

    November 15, 2019 – Cushman & Wakefield announced today that Element, a multi-building 83,212-square-foot campus in Carlsbad (San Diego), California has sold for $23.1 million. Nelli-Regen Three, LLC acquired the creative industrial / research and development complex from Alvarez & Marsal Capital Real Estate, LLC. The property was 100%...
  • 301 East Bethany Road

    Beverly Hills Investor Purchases Phoenix Office Property for $11.95 Million

    November 14, 2019 – On behalf of Pueblo Nuevo Holdings, LLC (principal, Jason Buxbaum), Cushman & Wakefield has closed the sale of Pueblo Nuevo located at 301 E. Bethany Home Road in Phoenix. GMK Assets Corporation of Beverly Hills, Calif. purchased the property for $11.95 million. Pueblo Nuevo is...
  • 270 Prospect Plains

    Cushman & Wakefield Arranges 233,000 SF, Exit 8A Pharma R&D/Manufacturing Lease

    November 12, 2019 – Commercial real estate services firm Cushman & Wakefield has orchestrated a full-building, 233,000-square-foot lease at Matrix Development Group’s 270 Prospect Plains Road in Cranbury. CMIC CMO USA, a contract manufacturer serving the pharmaceutical industry, has committed to the property on a long-term basis. The complex...
  • Mountain Vista Plaza

    Boarder Capital Sells Mountain Vista Plaza to Canadian Investor for $14 Million

    November 12, 2019 – On behalf of an entity formed by Boarder Capital, the capital markets team of Ryan Schubert and Michael Hackett of Cushman & Wakefield successfully closed the sale of Mountain Vista Plaza. MIRAJH LLP of Saskatoon, SK, Canada acquired the 64,071-square-foot (SF) retail center for $14.125...
  • 2200 Paseo Verde

    Class A Office in The District at Green Valley Ranch Sells for $19 Million

    November 11, 2019 – Cushman & Wakefield completed the sale of 2200 Paseo Verde, a 60,499-square-foot (sf) office building located at 2200 Paseo Verde Parkway in Henderson, Nevada. PREH Paseo Verde, LLC purchased the property from Pacific Oak SOR II. Charles Moore, Marlene Fujita and Hunter Bradshaw of Cushman...
  • Seventy5 Business Park

    Seventy5 Business Park Sold for $22.5 Million

    November 6, 2019 – Cushman & Wakefield completed the sale of Seventy5 Business Park, located at 7150 W. Roosevelt Street in Phoenix. RREF III-P Seventy5, LLC of Lakeway, Colo. purchased the property from Roosevelt Business Park Phoenix, LLC of Newport Beach, Calif. Paul Boyle, Rick Danis, Gary Anderson and...
  • 150 Post Street, San Francisco

    Urban Land Development Acquires 150 Post Street

    November 5, 2019— Urban Land Development (ULD), a privately owned, full-service real estate development firm based in San Francisco, in a joint venture with Urban Land Capital, an affiliated real estate private equity fund, and Meyer Corporation, an institutional investor, has acquired 150 Post Street in the Union Square...
  • Vernon Hills Shopping Center

    Ashkenazy Acquires Vernon Hills Shopping Center

    November 4, 2019 – Ashkenazy Acquisition Corp. has added Vernon Hills Shopping Center in Eastchester to its diversified portfolio in an acquisition orchestrated by Cushman & Wakefield. The New York City-based, private real estate investment firm purchased the five-building Westchester County asset at a cost exceeding $125 million from...
  • 12585 Kirkham Rd

    ZTelco Acquires Building in Poway Business District for New Headquarters

    October 29, 2019 – Cushman & Wakefield announced today that ZTelco, a fast-growing phone and internet service provider, has acquired a freestanding 8,772-square-foot building in Poway (San Diego), California for its new headquarters. The property at 12585 Kirkham Rd. sold for $2 million and will make way for ZTelco’s...
  • 6910 Mission Gorge

    22-Acre San Diego Site Entitled for Nearly 1,000 New Housing Units Sold to GH Palmer Associates’ Affiliate

    October 28, 2019 – Cushman & Wakefield announced today the firm has co-advised the sale of 22.69 acres of land in Mission Gorge (San Diego), California acquired by Palmer Mission Gorge Properties LP, an affiliate of GH Palmer Associates of Beverly Hills, California. Located at 6910 Mission Gorge Rd.,...
  • 2.34-Acre Phoenix Multifamily Site Sold for $5 Million

    October 24, 2019 – Cushman & Wakefield announced that Masyno Osborn, LLC (Anthony Bibars) of Coolidge, Ariz. purchased 2.34 acres, at 3500 N. 4th Avenue in Phoenix, Ariz., for $5 million, from Phoenix-based Seventh Camel, Inc. (Kerry Knight). Located at the northwest corner of Osborn Road and 4th Avenue...
  • 100 Matawan

    Cushman & Wakefield Inks 72,600 SF in 5 Leases at 100 Matawan Road, Old Bridge, N.J.

    October 24, 2019— In less than seven months under new ownership, 100 Matawan Road in Old Bridge has seen more than half of its square footage newly leased or renewed, announced Cushman & Wakefield. The commercial real estate services firm serves as exclusive agent for the 132,000-square-foot, Class A...
  • Centerra Apartments Homes

    Rincon Partners Sells 202-Unit Apartment Community in Scottsdale for $36.25 Million

    October 21, 2019 – Cushman & Wakefield announced that Phoenix-based RP 115, LLC (an entity formed by Rincon Partners) sold Centerra Apartments Homes, located at 111000 N. 115th Street in Scottsdale, Ariz., for $36.25 million ($179,455 per unit) to Phoenix-based Tanbic Edgehill Centerra Apartments, LLC (an entity formed by...
  • Cushman Wakefield

    Landstar Purchases 5 Acres in West Henderson for Future Industrial Development

    October 21, 2019 – Cushman & Wakefield announced that Landstar, one of the top industrial investors in Las Vegas, purchased five acres on East Bruner Avenue in the West Henderson submarket for a future industrial development. The multi-tenant spec industrial project will be a joint venture with BrassCap. On...
  • Gateway Tech Commerce Center

    Greenfiber Leases 74,030 SF in Mesa, AZ

    October 15, 2019 – On behalf of Greenfiber, Cushman & Wakefield announced that the Charlotte-based energy-saving, smart insulation choice signed a 74,030-square-foot (SF) lease at Gateway Technology Commerce Center, located at 7535 E. Ray Road in Mesa, Ariz. Pete Klees of Cushman & Wakefield’s Phoenix office represented the lessee...
  • Black Rock Coffee

    Black Rock Coffee Bar in Glendale, AZ Sells for $1.2 Million

    October 2, 2019 – Cushman & Wakefield completed the sale of Black Rock Coffee Bar, located at 6805 W. Bell Road in Glendale, Ariz. Robert C. Williams Living Trust of Santa Rosa, Calif. purchased the property from Scottsdale-based Dos Compadres 67th, LLC for $1.2 million. Chris Hollenbeck of Cushman...
  • City View Apartments

    CALCAP Asset Management Sells City View Apartments for $13 Million

    September 30, 2019 – On behalf of CALCAP Asset Management, Cushman & Wakefield completed the sale of City View Apartments to a local multifamily owner for $13 million. Taylor Sims and Carl Sims of Cushman & Wakefield represented the seller in the transaction. Taylor stated, “The influx of capital...
  • Dominion Verrado

    Dominion Verrado Self-Storage Sells for $9.1 Million

    September 13, 2019 – Cushman & Wakefield completed the sale of Dominion Verrado Self-Storage, located at 20825 W. McDowell Road in Buckeye, Ariz., for $9.1 million. 20825 W. McDowell SP, LLC and William Warren Pro of Santa Monica, Calif. purchased the property from Dominion Self Storage, LLC of Fountain...
  • Oro Valley Marketplace

    Cushman & Wakefield Arranges the Sale of Oro Valley Marketplace

    September 26, 2019 – Cushman & Wakefield completed the sale of Oro Valley Marketplace, a Walmart anchored shopping center in Oro Valley, Ariz. Town West Realty of Tucson, Ariz. purchased the property from Phoenix-based Vestar. Michael Hackett and Ryan Schubert of Cushman & Wakefield’s Phoenix office negotiated the transaction...
  • 2150 S Monaco Parkway

    Cushman & Wakefield Sells Former Kmart

    September 25, 2019 – Cushman & Wakefield has announced the sale of 2150 S. Monaco Parkway, a 12.93 acres site with an existing 110,000 square foot building, formerly occupied by Kmart in Denver, Colorado. The transaction closed on September 18th and sold for $10,500,000. Jon D. Hendrickson, Mitch Veremeychik...
  • 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...
  • 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...
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