Cushman & Wakefield has announced that its Self Storage Advisory Group has completed the sale of a core self storage portfolio comprising two StorQuest Self Storage (managed) assets in Southern California.
The newly constructed Britannia Tech Park, a 203,244-square-foot Class A industrial development in San Diego’s Otay Mesa submarket, is now 100% leased.
A pair of hotels near Disneyland in Orange County were acquired by Dynamic City Capital for $303 million.
Tishman Speyer sold 9242 Beverly Blvd. in Beverly Hills to Envision and Faring for $90 million, or $675 per square foot.
Alterra IOS acquires 15-acre industrial outdoor storage site in Inland Empire located at 5600 Market Street in Jurupa Valley.
A vacant office building located at 1977 Saturn St. in Monterey Park was acquired by HMC Capital for $39 million or $ 190 per square foot.
Los Angeles-based Rexford Industrial Realty acquired a 300,000-square-foot warehouse located at 2501 W. Rosecrans Ave. in Los Angeles from JPMorgan Chase for $137 million or $457 per square foot.
The brand-new Holiday Inn & Suites hotel located at 400 S. Atlantic Blvd. in Monterey Park was acquired by a private investor for $38 million.
Sagard Real Estate acquired Vista Imperio, a 158-unit garden-style apartment located at 5880 Lochmoor Drive in Riverside for $49.9 million, or $316,000 per unit.
JLL Capital Markets has announced that it has completed the $200-million sale of The Gas Company Tower, a 1.3 million-square-foot, iconic trophy office tower located in the heart of Downtown Los Angeles.
Los Angeles-based Post Investment Group and Walker & Dunlop Investment Partners acquired Marquee, a 236-unit, garden-style apartment complex in North Hollywood for $44 million, or $186,000 per unit.
Moving from Silicon Valley, global manufacturer IDEC Corporation acquires Studio 2200 asset in Carlsbad Research Center to function as new North American headquarters
Gantry, Inc., a national full-service commercial mortgage banking firm, announced in a press release that it has strengthened its Southern California presence by strategically merging the operations of Westcap into its growing platform.
