Calabasas has become one of the most sought-after communities in Los Angeles. The multi-tenant office property went under contract within weeks of listing with multiple offers.
Category: Commercial Real Estate News
JLL Income Property Trust made its second major foray into the Phoenix industrial market by acquiring the Southeast Phoenix Distribution Center in Chandler for $91 million.
Keith Pierce, Transwestern vice president of research: “South Florida continues to face rising demand for quality industrial product based on its status as a gateway to Central and South America.”
Apex Capital Investments purchased Grand2 — a 352,000-square-foot, nine-story office building in Tempe, Ariz. — from Lincoln Property Company for $187.5 million, or $534 per square foot. The building is fully leased to DoorDash, the…
Cushman & Wakefield represented the seller of 7000 West at Lantana. Encompassing 136,000 square feet of Class A Austin office space, the property was sold at 100% occupancy.
Commercial real estate data and listing platform CommercialSearch announced a collaboration with tech-driven CRE platform TenantBase that will allow brokers and tenants to collaborate more easily, leading to faster lease processes.
RREEF and Cadence Partners' Turnpike Commerce Center is open for business. Transwestern to lead management and leasing for the brand new Miami office space, available for immediate occupancy.
Thompson Thrift signs Sprouts Farmers Market to anchor its first project in fast-growing Maricopa. Sprouts is expected to open for business at this location in the fall of 2021.
Hines’ new asset sits at the heart of Silicon Valley. The Santa Clara industrial and manufacturing campus combines R&D space with light manufacturing, and provides mission-critical space for business tenants operating in the technology industry.
The property's strategic location has had a significant influence on its consistent occupancy over time. Located in South Westchester county, it offers excellent access throughout the New York metro area, with direct access to several…