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CommercialFinanceIndustry NewsLos AngelesNews Releases

Catalyst Real Estate Sells 58,104 SQFT Office Building in Palmdale for $21.45MM

Los Angeles –– CBRE arranged the sale of a 58,104-sq. ft., government-leased office building located at 39115 Trade Center Drive in Palmdale, CA,...

FinanceIndustry NewsNews ReleasesRetailSan Diego

Bridge Group, Steerpoint Capital Pay $57MM for North County Mall in Escondido

(EDITOR’S NOTE: According to a representative of the companies, the property sold for $57 million, or just over $45 per square foot.) ESCONDIDO,...

FinanceIndustry NewsInland EmpireRetail

Merlone Geier Pays $19.3MM for Nearly 80,000 SQFT Shopping Center in Highland, Calif.

By Catherine Sweeney Despite recently selling a number of properties in Southern California, Merlone Geier Partners also continues to add to its portfolio....

AECFinanceIndustrialIndustry NewsLos Angeles

Five-Building Industrial Development Up For Sale and Lease in Palmdale

By Catherine Sweeney  A new development north of Los Angeles has recently been placed up for sale as well as for lease. Currently...

FinanceIndustry NewsLos AngelesNews ReleasesRetail

Bridge Group Investments, Steerpoint Capital Acquire 1MM SQFT Mall in Palmdale for $60MM

LOS ANGELES — Today Bridge Group Investments, founded by the Mersho family in 2004, and Steerpoint Capital announced that they have closed on...

AECFinanceIndustrialIndustry NewsLos AngelesNews Releases

Three Development Sites in Palmdale Totaling 23 Acres Sell for $7.25MM

PALMDALE, Calif. –– Cushman & Wakefield has advised the sale of three undeveloped land sites totaling ±22.75 acres in Palmdale, California. Located in...

FinanceIndustry NewsInland EmpireRetail

Merlone Geier Sells 201,305 SQFT Retail Center in Jurupa Valley for $62MM

By Catherine Sweeney Merlone Geier is continuing its streak of sales activity across Southern California, recently selling a 201,305 square foot shopping center...

FinanceIndustry NewsLos AngelesNews ReleasesRetail

Three Retail Properties in Palmdale Marketplace Sell for $10.2MM 

Newport Beach, CA (August 10, 2022) – SRS Real Estate Partners’ National Net Lease Group (NNLG) announced today it has completed the sales...

CommercialFinanceIndustry NewsLos Angeles

58,000 SQFT Office Building in Palmdale Placed on Market for $24.5MM 

By Catherine Sweeney  A 58,104 square foot office building in Palmdale has recently been placed on the market for the first time in...

FinanceIndustry NewsLos AngelesNews ReleasesRetail

18,000 SQFT Planet Fitness in Palmdale Sells for $5.5MM

Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale of a fitness and sports facility...

FinanceIndustry NewsLos AngelesRetail

Smart & Final Retail Asset in Palmdale Listed for $25MM 

By Catherine Sweeney  A 58,403 square-foot retail asset occupied by grocery tenant Smart & Final has recently been placed on the market in...

FinanceIndustrialIndustry NewsLos AngelesNews Releases

Exan Capital Buys 130,392 SQFT Industrial Property in Palmdale for $59.7MM

(EDITOR’S NOTE: According to public records, the property was sold to Exan Capital for $59.7 million, or about $457 per square foot.)  LOS...

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