Easterly Government Buys Cleveland-Area Office Property
July 30, 2021
Exeter Pays $20.2Mln for Suburban Philadelphia Office
July 30, 2021
190,000-SF Office Building Planned for Tempe, Ariz.
July 30, 2021
City: Los Angeles
Amazon to Lease 202,421-SF Industrial Property in Moorpark, Calif.
L.A. Biz Amazon.com Inc. has agreed to fully lease the 202,421 square-foot industrial property at 6000 Condor Drive in Moorpark, Calif. The e-commerce giant was represented in the lease by Cushman & Wakefield, while DAUM Commercial Real Estate Services and ...
Stos Partners Buys Industrial Property Near Los Angeles for $22.3Mln
L.A. Biz Stos Partners has paid $22.3 million, or $121.86/sf, for the 183,000-square-foot industrial property at 159 North San Antonio Ave. in Pomona, Calif. The Encinitas, Calif., investor purchased it from an undisclosed seller in a deal brokered by Lee ...
Prana Investments Buys Los Angeles Apartments for $23.6Mln
Los Angeles Business Journal Prana Investments Inc. has paid $23.6 million, or about $233,663/unit, for two apartment properties totaling 101 units in the Koreatown neighborhood of Los Angeles. The San Francisco investor acquired the properties - the Chalfonte Apartments, with ...
Developer Secures $27Mln Construction Loan for Los Angeles Hotel
L.A. Biz S3D Partners has lined up $27 million of construction financing for the 64-room Hyatt Hotel Nue in Los Angeles. Columbia Pacific Advisors provided the loan. S3D is building the seven-story property at 1525 North Cahuenga Blvd., which is ...
Estelle
The five-story property, which is 30 percent leased, has two- and three-bedroom units with monthly rents between $4,567 and $6,786. Units have washers and dryers, walk-in closets, stainless-steel appliances and patios or balconies. Amenities include a swimming pool, fitness center, ...
Eagle Rock Plaza in Los Angeles Sells for $76Mln
Eagle Rock Plaza, a 462,823-square-foot enclosed shopping mall in Los Angeles, has been sold for $76 million to Eastern Development. The sales price is good news for holders of bonds in JPMorgan Chase Commercial Mortgage Trust, 2006-LDP7, which held a ...
Luzzatto Gets $54.73Mln Construction Loan for Los Angeles Office Project
Luzzatto Co. has lined up $54.73 million of financing for the construction of The Depot, a 107,199-square-foot office property it's building in Los Angeles. Bank OZK provided a $28 million senior loan, while Related Fund Management provided $26.73 million of ...
1.5Mln-SF Industrial Property Breaks Ground Near Los Angeles
L.A. Biz Ground has broken on the Goodman Logistics Center, a 1.5 million square-foot industrial property in Fullerton, Calif. Goodman, an Irvine, Calif., developer, is constructing the four-building property at 2099 East Orangethorpe Ave., about 27 miles from downtown Los ...
Green Cities Affiliate Buys L.A. Apartments for $55Mln
An affiliate of Green Cities Co. has paid $55 million, or $901,639/unit, for the 61-unit Estelle apartment property in Los Angeles. The Portland, Ore., investment manager bought the complex from Canfield Development Inc., which was represented by Walker & Dunlop ...
Azusa, Calif., Industrial Building Sells for $12.5Mln
San Diego Business Journal Sentre has paid $12.5 million, or $166.48/sf, for Azusa Center, a 75,081-square-foot industrial facility in Azusa, Calif. The San Diego investment company purchased the building from Mortech Manufacturing, a maker of stainless-steel equipment that will lease ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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