Brixton Capital recently purchased a grocery-anchored shopping center, located at SEC Dysart & McDowell Road in Avondale, Arizona, from Weingarten Realty (NSYE: WRI), for an undisclosed price. Palmilla Center, with 103,568 square feet of leasable space, is 100 percent leased to a mix of national, regional and local tenants, including Fry’s Food & Drug (NAP)....
Westcore Properties has purchased Silicon Valley Research Center, two R&D buildings located at 1110 and 1120 Ringwood Court in San Jose, California, from LBA for an undisclosed sum. Building one, at 1110 Ringwood Court, contains 46,040-square-feet of shell-condition space. Building two, at 1120 Ringwood Court, offers 32,552-square-feet of turnkey space. Both buildings were vacant at....
A student team from San Diego State University and The Corky McMillin Center for Real Estate submitted the winning development plan at NAIOP San Diego’s 8th annual University Challenge, held on Wednesday, April 25 at Paseo Del Mar. The SDSU student team, comprised of Jeremiah Taylor, Trey Golston, Holly Miller, Shelly Chen, Nick Zalkow and....
Brixton Capital purchased the 216-unit Sawgrass Apartments, located at 6301 Meadowvista Drive in Corpus Christi, Texas, for an undisclosed price. Sawgrass, purchased from Kahn Sawgrass, LP, marks Brixton’s second acquisition of 2018. Built in 1985, Sawgrass Apartments is a two- and three-story, garden style apartment community totaling approximately 163,000 square feet. The property offers tenants....
Brixton Capital, a private real estate investment firm, has hired Priya Huggett as General Counsel. She oversees various legal aspects of Brixton and its affiliates and provides oversight and a legal perspective for the acquisition, leasing and disposition of properties. Huggett has 20 years of broad-based experience in real estate, including acquisitions, dispositions, development, leasing,....
In an off-market transaction, Westcore Properties has purchased a 4.37-acre industrial site at 126 East Ortis Street in Compton, Calif. with the intent to build a 95,000-square-foot distribution facility. The Class A, 32-foot clear height distribution facility will be built on an all-concrete site and feature an ESFR system and 15 to 18 dock doors.....
Brixton Capital purchased the former El Cajon Police Station located at 100 Fletcher Parkway in El Cajon, California for $4.2 million. The site, purchased from the City of El Cajon, marks Brixton’s fourth acquisition of 2018. Brixton will transform the approximately 4.11 acres of developable land into Fletcher Marketplace, a mixed-use project comprised of approximately....
Brixton Capital recently signed lease deals with Sprouts Farmers Market and Del Taco at its 358,632-square-foot Rainbow Plaza shopping center located at 861 South Rainbow Blvd. in Las Vegas, Nevada. Sprouts Farmers Market will occupy approximately 30,000 square feet of space, taking up a portion of a former JCPenney’s box space. Construction is slated to....
LPC West has acquired Polo Plaza, an iconic, 57,253-square-foot, mixed-use property at 3702 and 3790 Via De La Valle in Del Mar, California from an undisclosed, local seller for $27.5 million. The two-building, two-story property sits at the gateway between Del Mar and Rancho Santa Fe. LPC West will renovate the Mediterranean-style office/retail property to include....
Westcore Properties has purchased a 130,599-square-foot warehouse/distribution facility on a nine-acre lot at 360 South Lilac Avenue in Rialto, California from Legacy Ranch, Inc. for $11,425,000. Plans to reposition the property include a thorough interior and exterior cosmetic upgrade and paving approximately 1.7 acres of unimproved land for trailer parking and other uses. Westcore’s $1.5 million upgrade....