Miami Beach, Fla., Hotel Fetches $25.5Mln
June 23, 2021
Sares Regis Pays $69.1Mln for Phoenix Apartment Property
June 23, 2021
West
Palo Alto, Calif., Office Building Sells for $33.8Mln
Silicon Valley Business Journal Bay Area Industrial Corp. has paid $33.8 million, or $1,456/sf, for the 23,215-square-foot office building at 445 Sherman Ave. in Palo Alto, Calif. The local company, which was represented by CBRE, purchased the property from Wheatley...
1.1Mln-SF Spec Industrial Property Breaks Ground in Perris, Calif.
Commercial Property Executive A venture of Trammell Crow Co. and Clarion Partners has broken ground on Knox Logistics VII, a 1.1 million square-foot industrial property in Perris, Calif. The property is being built on 73 acres at 19115 Harvill Ave.,...
Ground Breaks on 123-Unit Condo Project in Denver
Denver Business Journal First Stone Development has broken ground on Aura on Santa Fe, a 123-unit condominium project in Denver. The property is being built on a one-acre site at 625 Santa Fe Drive, which is about two miles south...
Broe Real Estate Breaks Ground on Denver Office Project
Denver Business Journal Broe Real Estate Group is breaking ground this August on a 76,000-square-foot office building at 200 Clayton St. in Denver. The Denver investment and management company purchased the development site for the eight-story building in 2017 for...
Seattle Investor Pays $25.25Mln for Corvallis, Ore., Apartment Property
Rentv.com Investors Capital Group has paid $25.25 million, or $157,813/unit, for North Pointe, a 160-unit apartment property in Corvallis, Ore., which is about 32 miles south of Salem, Ore. The Seattle investor purchased the property from the Korda Group, which...
138-Unit Apartment Complex in Denver Sells for $29.5Mln
Denver Business Journal Willow Creek Partners has paid $29.5 million, or $213,768/unit, for the 138-unit Croft Apartments in Denver. The Reston, Va., investment and management firm acquired the property from Summit Communities and DVO Real Estate, which had purchased it...
Phoenix Apartment Complex Fetches $31.2Mln
Rentv.com Marble Partners Management LLC has paid $31.2 million, or about $213,699/unit, for Mountain View Casitas, a 146-unit apartment property in Phoenix. The Los Angeles investor purchased the property from MV Casitas LLC, which was represented in the deal by...
166-Unit Apartment Property Breaks Ground in Portland, Ore.
Ethos Development has broken ground on BrookLand, a 166-unit apartment project in Portland, Ore. The five-story development, at 4245 SW Milwaukie Ave., will have studio, one-, two- and three-bedroom units with six units reserved for residents making at or below...
344,056-SF Industrial Property Breaks Ground in Simi Valley, Calif.
L.A. Biz A venture of Stream Realty Partners and QuadReal Property Group has broken ground on Tapo Canyon Commerce Center, a 344,056-square-foot industrial property in Simi Valley, Calif. The five-building property is being built on an 18-acre site at 1800...
105,665-SF Office Property in Santa Clara, Calif., Fetches $45Mln
Commercial Property Executive LBA Realty has paid $45 million, or $425.88/sf, for the 105,664 square-foot office property at 3300 Olcott St. in Santa Clara, Calif., which is about 43 miles south of San Francisco. The Irvine, Calif., investment and management...
