PCCP LLC
JV to Develop 802 KSF Distribution Facility in Ohio
PCCP and The Pizzuti Cos. intend to build a speculative industrial building in Columbus. Rickenbacker West I is anticipated to be completed by the summer of 2018.
177 KSF San Diego Office Asset Lands Refi
Working on behalf of Cruzan, CBRE secured a $41.2 million senior loan for the refinance and lease-up of creative office asset Make in Carlsbad, Calif.
PCCP, TriStar to Develop 600KSF Industrial Facility
The property is located in Edwardsville, Ill., within the 15.7 million-square-foot Gateway Commerce Center, which includes tenants such as P&G, Unilever and Amazon.
9-Building Vegas Portfolio Commands $78M
NKF facilitated the deal of the master planned office campus between Washington Capital Management and a joint venture buying group. The office buildings are situated on over 25 acres and are served by ample on-site parking.
Vacant 840 KSF Industrial Building Sells in Vacaville, CA
The buyer’s investment strategy includes a comprehensive capital improvement plan to make the facility, located at 700 Crocker, attractive to Bay Area tenants.
JLL Brokers $18M Sale of Phoenix Industrial Asset
Continued confidence in the local industrial market has prompted Colony Northstar’s acquisition of Phoenix Logistics Center from Overton Moore Properties and PCCP LLC.
Silicon Valley Project Lands $79M Construction Loan
Development on Broadway Station will start in the third quarter, with delivery expected in the summer of 2019. Chan Zuckerberg Initiative already preleased the entire building.
Tysons’ 2000 Corporate Ridge Fetches $39M Financing
PCCP arranged the senior loan for the purchase and renovation of the 261,910-square-foot office property. The repositioning will include the addition of a fitness center and multiple modern conference rooms.
715 Peachtree in Atlanta Lands $62M Refi
The loan will allow Carter and PCCP to repay existing debt on the property, while also providing for tenant improvements and leasing capital.
Bay Area Office Campus Changes Hands
PCCP LLC and Align Real Estate formed a joint venture to acquire Walnut Creek Center, a two-building, 236,122-square-foot, Class A office facility. The new owners plan to invest approximately $3 million in capital upgrades.