Commercial Property Executive Newport National Corp. has paid $96.8 million, or $372.31/sf, for Hobble Creek Business Park, a three-building industrial property with 260,000 square feet in Springville, Utah., a city that's 50 miles south of Salt Lake City. The Carlsbad, ...
Bloomberg Spear Street Capital has agreed to pay about $280 million, or $296.61/sf, for U.S. Bank Center, a 944,000-square-foot office property in Seattle. The San Francisco investor would be acquiring the property from Blackstone, which bought it in 2019 for ...
Commercial Property Executive Lovett Industrial has broken ground on North Park Logistics Center, a 1.1 million-square-foot industrial property in Glendale, Ariz. The Houston developer is building the property at the intersection of Northern Parkway and 147th Drive, about 30 miles ...
Commercial Property Executive Titan Development has broken ground on Compark470, a two-building industrial property with 133,133 square feet in Parker, Colo. The Albuquerque, N.M., developer is building the property at the intersection of Compark Boulevard and Chambers Road, about 20 ...
AZ Big Media US Merchants has paid $63.88 million, or $140.72/sf, for a 453,960-square-foot building within West Summit at Surprise, a two-building industrial property with 704,472 sf in Surprise, Ariz., a northwestern suburb of Phoenix. The Beverly Hills, Calif., manufacturer ...
Commercial Property Executive Farallon Capital Management has bought a portfolio of nine office buildings totaling 1.4 million square feet within the Pacific Shores Center office campus in the Silicon Valley city of Redwood City, Calif. The San Francisco investment manager ...
Denver Business Journal Speed Bay Warehouse Solutions has paid $71.5 million, or $153.43/sf, for the 466,000-square-foot Park Industrial Center in Commerce City, Colo. The local company acquired the property, at 5750-6360 East 58th Ave., from Kew Realty Corp. of Denver. ...
ConnectCRE Belkorp has paid $44.15 million, or $252.57/sf, for the 174,800-square-foot industrial property at 3809 East Watkins St. in Phoenix. The Vancouver, British Columbia, investment firm purchased the building from LBA Realty of Irvine, Calif., in a deal brokered by ...
Multi-Housing News Deutsche Bank has provided a $74.1 million loan for the multifamily conversion of the 126,000-square-foot Bank of Italy office property in downtown San Jose, Calif. The loan was arranged by Cushman & Wakefield on behalf of a venture ...
Silicon Valley Business Journal Brookfield has paid $90.25 million, or $752.08/sf, for the 120,000-square-foot Equinix SV4 Sunnyvale Data Center in Sunnyvale, Calif., about 41 miles southwest of San Francisco. The New York investment firm acquired the property, at 255 Caspian ...
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