Finance
11-Acre Industrial Property in South Gate Sells for $42MM
(EDITOR'S NOTE: According to a source familiar with the transaction, the property was sold for $42 million.) Los Angeles, California (May 3, 2021) – Pacific...
Redlands Distribution Facility Sells for $16.9MM
Los Angeles, CA (May 5, 2021) – Dedeaux Properties (“Dedeaux”) and joint venture partner Brasa Capital Management (“Brasa”) have sold a fully-leased 73,992-square-foot...
The Cove Apartments in La Mesa Sell for $43.25MM
(EDITOR'S NOTE: According to a source familiar with the transaction, the property sold for $43.25 million, or about $325,188 per unit.) SAN DIEGO, CALIFORNIA...
Buena Ventura Apartments and La Scala Apartments in San Fernando Valley Sell for $16.5MM
LOS ANGELES, CALIFORNIA (April 21, 2021) – Bryan Schellinger, managing director and Steven Goldstein, associate vice president of NorthMarq’s Los Angeles investment sales...
Plaza Del Mar in Del Mar Heights Refinanced for $35.3MM
CBRE has announced a $35.3 million loan for the refinancing of Plaza Del Mar, an office property in the Del Mar Heights submarket of North County San Diego. Mark McGovern, Scott Peterson, Brian Cruz and Colby Matzke of CBRE’s debt and...
Industrial Building in Gardena Sells for $9.03MM
Los Angeles – May 5, 2021 – CBRE has arranged the sale of Gardena Business Park, a 42,385-square-foot multi-tenant industrial building in Gardena,...
Freeway Corporate Park in Santa Ana Sells for $21MM
(EDITOR'S NOTE: According to a source familiar with the transaction, the property sold for $21 million, or just under $164 per square foot.)...
$450MM Invested to Develop Echelon Studios in Los Angeles
HOLLYWOOD, CA AND BOSTON, MA (May 4, 2021) – Bain Capital Real Estate, the real estate investing business of Bain Capital, and BARDAS...
CEG Capital Partners Purchase Convoy Village in Kearny Mesa for $16.2MM
(EDITOR’S NOTE: The transaction came to just under $383 per square foot.) CBRE announced that a partnership controlled by San Diego-based CEG Capital Partners-has purchased Convoy...
Altana Apartments in Glendale Sell for $300MM
Newport Beach, CA (April 26, 2021) – Waterford Property Company (Waterford) a diversified real estate investment and development company, in partnership with the California...
CBRE Arranges 1031-Exchange in Orange County for $6.8MM
Newport Beach, Calif. – May 3, 2021 – CBRE announced the sale of a 20-unit multifamily community in Los Alamitos, Calif., to a...
Eagle Plaza in Hesperia Sells for $5.45MM
Los Angeles – May 3, 2021 – CBRE announced the sale of Eagle Plaza, a retail property in Hesperia, Calif. to a Texas-based...
