Real Estate

westcore-acquires-oakland-industrial-property-for-40-5-million

Westcore, a leading industrial real estate acquisition, development and asset management firm, acquired a 155,000-square-foot, Class A industrial warehouse located at 8380 Pardee Drive in Oakland, California for $40.5 million. Constructed in 2012, the fully leased distribution facility features 8,000 square feet of cold ...

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uc-san-diego-tritons-take-trophy-at-naiops-10th-annual-university-challenge

A student team from UC San Diego Department of Urban Studies and Planning submitted the winning development plan at NAIOP San Diego’s 10th annual University Challenge, held on Thursday, April 23 in a virtual format due to COVID-19 social distancing precautions. The participating schools, which also included ...

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westcore-acquires-65625-sf-warehouse-on-10-64-acres-in-temecula

Westcore, a leading industrial real estate acquisition, development and asset management firm, made its first purchase in the Temecula, California submarket, acquiring a 65,625-square-foot industrial warehouse on 10.64 acres for $10.8 million. Currently vacant, the warehouse property, located at 27731 Diaz Road, offers s...

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westcore-acquires-phoenix-industrial-property-for-12-4-million

Westcore, a leading industrial real estate acquisition, development and asset management firm, acquired a 148,689-square-foot, Class A industrial warehouse located at 4455 West Camelback Road in Phoenix, Arizona for $12.4 million. The seller, Dreamfoam Bedding, doing business as Brooklyn Bedding, occupies the entire buil...

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abb-electrification-leases-400000-sf-industrial-building-recently-purchased-by-westcore

Westcore, a leading industrial real estate acquisition, development and asset management firm, has leased its newly built, 400,000-square-foot industrial building in Phoenix, Arizona to industrial technology leader, ABB, to use as the international firm’s West Coast Distribution Center for its Electrification Installation...

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brixton-capital-purchases-250-unit-apartment-project-in-corpus-christi-texas

Brixton Capital has acquired a Corpus Christi, Texas apartment property for an undisclosed price. Brixton purchased the 250-unit 6947 Everhart Apartments located at 6947 Everhart Rd, Corpus Christi, TX from Austin Multifamily Investments Partners LLC. Built in 1983, the property totals approximately 216,000 square fee...

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george-smith-partners-secures-51-7-million-senior-construction-financing-16-2-mezzanine-debt-for-shopping-center-in-kona-hawaii

The Davies Group at Los Angeles-based , a leading commercial real estate capital markets advisor, arranged both a $51.7 million senior construction loan and $16.2 million in mezzanine debt for the ground-up development of a Safeway-anchored shopping center in Kona, Hawaii. Securing financing on behalf of the sponsor, CREDE ...

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westcore-acquires-industrial-property-in-san-jose-for-20-5-million

Westcore, a leading industrial real estate acquisition, development and asset management firm, acquired an 81,475-square-foot, 30-foot clear height industrial warehouse located at 1800 Dobbin Drive in San Jose, California for $20.5 million. The undisclosed seller will lease back part of the building, which, including one...

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brixton-capital-hires-john-desco-as-executive-vice-president

Brixton Capital, a private real estate investment firm, has hired John Desco as executive vice president to oversee leasing, operations, marketing and redevelopment of Brixton’s regional shopping centers. “John’s experience in the retail industry spans both malls and shopping centers.  His understanding of the int...

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harvest-small-business-finance-llc-closes-its-second-securitization-of-owner-occupied-first-lien-sba-7a-unguaranteed-portions

Harvest Small Business Finance, LLC (“HSBF”), one of the top non-bank originators of SBA 7(a) loans, closed its second securitization of the unguaranteed portions of primarily first-lien SBA 7(a) CRE loans. The $34.92 million Harvest SBA Loan Trust 2019-1 transaction was lead-managed by Credit Suisse Securities and co-m...

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