Westcore, a leading industrial real estate acquisition, development and asset management firm, acquired approximately 45 acres of land in Goodyear, Arizona from First Industrial for $11.2 million. Westcore will break ground immediately to build a 721,156-square-foot, build-to-suit distribution center for a national third-party logistics company. The property is located at Thomas and Citrus roads near....
Westcore, a leading industrial real estate acquisition, development and asset management firm, has acquired a 133,825-square-foot manufacturing facility located at 5821 Wilderness Ave. in Riverside, California. Westcore purchased the building from Triple H Properties for $15.4 million. Triple H Properties originally constructed the manufacturing facility in 1991 and expanded it around 1999. The longtime tenant,....
Westcore, a leading industrial real estate acquisition, development and asset management firm, acquired an 11-building, 509,164-square-foot industrial campus at West Midway Blvd. and Burbank St. in Broomfield, Colorado for $48 million from Commander Leasing LLC. Westcore’s extensive renovation and branding plan includes a new paint scheme, parking lot upgrades and various other improvements. “This portfolio....
Westcore, a leading industrial real estate acquisition, development and asset management firm, has acquired a 350,000-square-foot, 16-building industrial park located at 1515 Navy Drive in Stockton, California. Westcore purchased the property from Klein Brothers for $20.1 million. Westcore plans to fully renovate the formerly owner-occupied industrial park. Currently configured for warehousing, packaging and distribution, the....
Brixton Capital has acquired a Houston, Texas apartment property, Richmond Towne Homes, from New York-based Duck Pond Realty Management for an undisclosed price. Located at 10777 Richmond Avenue, the 188-unit apartment complex was built in 1994 and comprises 187,000 square feet on 12 acres of land. Richmond Towne Homes includes 93 one-bedroom homes and 95....
Southern California is dotted with mid-20th Century-era garden-style, multifamily housing complexes that are not only showing their age, but can also be out of compliance with safety regulations. Gafcon, Inc. and real estate economist Alan Nevin are teaming up to help property owners realize the financial potential these complexes hold through a unique renovation process....
Westcore, a leading industrial real estate acquisition, development and asset management firm based in San Diego, California, has acquired a 4.08-million-square-foot industrial real estate portfolio over nine major markets across the nation. Westcore purchased the portfolio from San Antonio, Texas-based USAA Real Estate for an undisclosed amount. The portfolio includes 17 Class A buildings constructed....
Westcore, a leading industrial real estate acquisition, development and asset management firm based in San Diego, California, has acquired Dove Valley Business Center II, a 150,600-square-foot Class A warehouse in Englewood, Colorado. Westcore purchased the newly completed property, located at 14251 E. Otero Ave., from Chicago-based Brennan Investment Group for $20 million. Early last year,....
Westcore, a leading West Coast industrial real estate acquisition, development and asset management firm, has acquired a 79,629-square-foot industrial building at 2300 Polvorosa Avenue in San Leandro, California from Blue Sky Foods for $15 million. Blue Sky Foods will continue to occupy the building under a 9-month lease with Westcore. The property features seven grade-level....
Commercial real estate investment firm Brixton Capital has promoted Kim Masayko to Senior Vice President of Operations. Masayko is responsible for establishing procedures and best practices to achieve operational excellence for both the physical and fiscal performance of Brixton’s real estate portfolio. She manages approximately $1 billion of retail and office assets for Brixton. “This....