Berkadia arranged the sale and acquisition financing of two value-add, neighboring Castro Valley multifamily communities with a total of 135 units. They included the Cedars, an 83-unit property that sold for $21.45... Read more »
Northmarq’s Los Angeles Investment Sales team of Mike Hanassab, Steven Goldstein and Elliot Hassan arranged the $13.125 million sale of 3717 Cardiff Ave., a 45-unit garden apartment community located in the Palms neighborhood of Los Angeles, near Culver City.... Read more »
Marcus & Millichap closed the sale of 13350 New Airport Rd., a 61,334 square-foot industrial facility in Auburn. The asset sold for $8,500,000 or $138.59 per square-foot. “Auburn continues to attract investors seeking well-located industrial assets with long-term value, driven by its... Read more »
CBRE arranged the sale of the Hawthorne Hangar Campus at 3507 Jack Northrop Ave. in Hawthorne, a 40,553-square-foot industrial flex / R&D campus. The property holds significant aviation history as the original... Read more »
(Updated with additional information) Colliers on Tuesday announced the sale of 333 S. Hope St., a/k/a Bank of America Plaza, in Downtown Los Angeles. The 1.4-million-square-foot office tower traded through a receivership... Read more »
Hanley Investment Group Real Estate Advisors completed the $5-million sale of a 7‑Eleven-occupied convenience store and gas station in Clovis. Within the past 12 months, Hanley has closed more than $60 million in corporate... Read more »
Newmark arranged the sale of Sierra Trinity, an 11-building, shallow bay industrial portfolio located in the East Bay city of Dublin. Executive vice chairman and president, Western Region Capital Markets Steven Golubchik,... Read more »
Ellis Partners and Boston-based investment manager The Baupost Group have finalized the purchase of Great America Commons, a pair of Class-A office and R&D buildings totaling approximately 635,000 square feet and located at 4555-4655... Read more »
A residential lot minutes from the Beverly Hills Hotel landed $31.8 million — less than half of what the property sought a few years ago. Nicknamed The Peak, 1005 North Alpine Drive... Read more »
Marcus & Millichap has closed the sale of 28-04 41st Ave., a development site in Long Island City, for $9,375,000. Sean Fopeano, Shaun Riney, Joe Koicim and David Cornejo of Marcus &... Read more »