Investment
Hanley Investment Closes North Los Angeles Retail Sale
A Circle K convenience store and gas station occupies the single-tenant property in Valencia, Calif.
BioScience Sells Stake in San Diego Life Science Assets
The company has a new partner in the ownership of 10770 Wateridge Circle and 6325 Lusk Blvd., which offer 235,000 square feet in the city’s Sorrento Mesa submarket.
Colony Capital JV Sells Los Angeles-Area Office Building
Newmark Knight Frank represented the company and its joint venture partner SteelWave in the disposition of the Class A asset in Thousand Oaks, Calif.
Turnbridge Equities Pays $35M for Raleigh Mixed-Use Asset
The company is planning a $1 million renovation of the former creamery, which dates back to the 1920s.
Construction Costs Continue to Rise in 2020
Even before challenges presented by the coronavirus pandemic, high construction costs were making some deals impossible to pencil.
Suburban Los Angeles Office Park Trades for $78M
After almost 13 years of ownership, Columbia Property Trust sold the three-building asset.
Newly Built Ohio Facility Trades for $18M
Magna Seating of America occupies the 153,000-square foot building, the manufacturer’s fifth location in the state.
SRS Real Estate Closes Orange County Retail Sale
Chase Bank occupies the newly constructed, single-tenant property in Anaheim, Calif.
High Street Retail in West Hollywood Trades for $21M
Blatteis & Schnur of Los Angeles purchased the storefront on Melrose Avenue that is currently leased to Lululemon and Joe & The Juice.
Tropicana Las Vegas to Sell in $338M Leaseback Deal
The deal is set to provide Penn National Gaming with more liquidity during the coronavirus outbreak.