Colliers arranged the 119,044-square-foot lease of Building 2 within Sanyo Logistics Center at 9350 Airway Rd. in San Diego’s Otay Mesa submarket. Reportedly it’s the largest new lease completed in size and deal value in the past 12 months in…
MRP Realty, Asana Partners and the Rockefeller Group announced the first joint venture between their firms and the final close of funding for the Brooklyn & Church redevelopment. The partnership closed with lenders on construction financing for the conversion of the former…
Atlanta-based Portman promoted Travis Garland to the newly created role of chief development officer. In this role, Garland will drive daily operations across all property types. Garland previously served as managing director of office for Portman, where he oversaw transactions valued at more…
Alta West Partners, Glendon Capital Management and an affiliate of A2 Capital Management, have closed on the $21.4-million purchase of 3401 Del Amo in Torrance, an 83,000-square-foot flex research and development asset in the South Bay submarket of Los Angeles County. Originally…
Cambridge Realty Capital has provided $43,360,100 in HUD-insured Section 223(f) financing for four senior housing properties located in Illinois, Washington, and Iowa. According to Cambridge’s Managing Director Tony Marino, the Illinois transactions consisted of two affordable rental apartment properties for…
Crescent Communities and GTIS Partners are working together on an industrial project planned in Huntersville. The local planning board is recommending approval of a rezoning request that would allow the duo to build 450,000 square feet of industrial space at…
Third & Urban acquired Northridge Commons, a seven-building, 470,000-square-foot flex industrial campus in Sandy Springs. The Dilweg Companies was the seller. While the most recent sales price was not disclosed, the campus last sold for $51.5 million in 2019. Tenants…
Starboard CRE, reportedly the largest, independently owned commercial real estate firm in San Francisco, has listed 6440 Shellmound St. in Emeryville for $6,500,000. The fully wired data center facility is fully leased under an absolute triple-net lease to Lumen Communications,…
Cushman & Wakefield advised Snowball Developments in obtaining acquisition financing of $23,700,000 for 301 Governors Hwy., a 507,733-square-foot industrial property in South Windsor, CT, within the Hartford metro area. The loan was provided by Prime Finance. A Cushman & Wakefield…
Affinius Capital originated an $82.3 million loan to finance the ground-up development of Eastport Logistics Park, a to-be-built four-building industrial development in Jacksonville, FL, totaling 890,000 square feet. The loan was provided to a joint venture between InLight Real Estate…
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