West
Peak Capital Pays $62.5Mln for Denver Apartment Property
Denver Business Journal Peak Capital Partners has paid $62.5 million, or $416,667/unit, for the 150-unit Connect at First Creek Apartments in Denver. The Provo, Utah, investor purchased the property from its developers, Origin Investments and Massimino Development, in a deal...
1Mln-SF Industrial Property Planned Near Phoenix
AZ Big Media Thompson Thrift Commercial is planning to develop a 13-building industrial property with a combined 1 million square feet in Queen Creek, Ariz., a suburb of Phoenix. The Indianapolis company bought the 68-acre development site, at the southwest...
Apple to Lease 382,500-SF Office Property in Sunnyvale, Calif.
The Real Deal Apple Inc. has agreed to fully lease Mathilda Commons, a 382,500-square-foot office property in Sunnyvale, Calif. The property, at 625 Mathilda Ave., opened last year and is owned by Jay Paul Co., which was represented in the...
Dalfen Pays $34.8Mln for Seattle-Area Industrial Property
Rentv.com Dalfen Industrial has paid $34.8 million, or $256.83/unit, for the 135,500-square-foot industrial building at 18375 Olympic Ave. South in Tukwila, Wash., about 14 miles south of Seattle. The Dallas investment manager bought the property from an unidentified seller in...
Law Firm Pre-Leases 80,000 SF of Office Space at Denver Development
Denver Business Journal David Graham & Stubbs LLP has agreed to pre-lease 80,000 square feet at Paradigm River North, a 200,000-sf office building that's currently under construction in Denver. The law firm will take its space for 13 years at...
205,200-SF Industrial Property Breaks Ground in Fairfield, Calif.
Rentv.com A venture of Trammell Crow Co. and Clarion Partners LLC has broken ground on Fairfield Industrial Center, a 205,200-square-foot industrial property in Fairfield, Calif. It is being constructed at 2725 Low Court, about 45 miles north of San Francisco....
Terreno Realty Buys 2 Southern Calif. Industrial Properties for $27.2Mln
Commercial Property Executive Terreno Realty Corp. has paid $27.2 million, or $461.02/sf, for two industrial properties with a combined 59,000 square feet in Los Angeles and Inglewood, Calif. The seller could not yet be identified. The San Francisco REIT acquired...
Venture Opens 332,000-SF Office Property in Salt Lake City
Commercial Property Executive A venture of Patrinely Group and USAA Real Estate has completed 650 Main, a 332,000-square-foot office property in downtown Salt Lake City. The 10-story property was built at 648 South Main St. and has an LEED Gold...
350,000-SF Office Property Planned for Los Angeles
Rentv.com The Legendary Group is planning to build Above, a 350,000-square-foot office property in Los Angeles. The local developer is building the 17-story property at 411 South Hewitt St., just over two miles from the city's downtown. It will have...
Seattle-Area Apartment Property Fetches $61Mln
Multi-Housing News Sack Properties has paid $61 million, or $312,820/unit, for Fairwood Landing, a 195-unit apartment property in Renton, Wash. The San Francisco investment firm, which was represented by Kidder Mathews, purchased the property from CES Properties. Fairwood Landing, at...
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