JLL has completed the sale of a fully entitled 12.14-acre industrial site, located on East Vermont Avenue in Anaheim, to Western Realco for $40.7 million. Western Realco will immediately begin demolition and construction to... Read more »
BLT Enterprises has acquired a 19.4-acre industrial site close to Carlsbad Research Center at 2470 Faraday Ave. in Carlsbad for an undisclosed sum. The property contains two existing manufacturing facilities and offers the potential for future development, according to Lukas Huberman, VP & director of acquisitions at BLT Enterprises. “This acquisition... Read more »
Trident Capital Partners, a boutique real estate debt fund and private REIT, has provided $3 million in financing for the site of a future Tesla Supercharger station in Los Angeles. The 18-month, full-recourse loan... Read more »
Marcus & Millichap closed the $9.75-million sale of 42-81 Hunter St., a development site in the Court Square neighborhood of Long Island City, Queens. David Cornejo, Shaun Riney and Sean Fopeano of Marcus & Millichap’s New York City office, represented the seller, Werwaiss Properties, and procured the... Read more »
Newmark completed the $38.2-million sale of 10918-10926 Le Conte Avenue, a 1.16-acre land site with a 9,647-square-foot office building in Westwood. Newmark executive managing director Ryan Plummer and WESTMAC EVPs Willa McNamarra... Read more »
Adirondack Capital Partners (ACP), a boutique capital markets advisory firm, said Monday that Toll Brothers has acquired a premier development site at 118 Tenth Ave. in Manhattan’s West Chelsea submarket from Benny Barmapov for $53,000,000. Michael Hunter Coghill and Chad Sinsheimer of ACP... Read more »
A 4.7-acre site in Woodland Hills is under new ownership and slated to become part of a fully affordable housing development in Warner Center. An affiliate of Wellpointe Incorporated purchased 6400 Canoga... Read more »
Rockefeller Group and Atlas Capital Group said Friday they have entered into a $96-million agreement with the Roman Catholic Church of Holy Name of Jesus and Saint Gregory the Great to acquire property... Read more »
GFI Realty Services arranged the sale of a development site located at 563–571 Second Ave. and 247–251 E. 31st St. in Kips Bay. The assemblage sold for $38,000,000, reflecting strong investor demand for... Read more »
JLL Capital Markets arranged the $53-million sale of 75–83 Nassau St., a development site located in Downtown Manhattan’s Financial District. JLL’s Andrew Scandalios, Ethan Stanton, Jonathan Hageman and Michael Mazzara represented the... Read more »