Real Estate

george-smith-partners-secures-25-5-million-construction-loan-to-fund-office-tower-in-midtown-phoenix

The Davies Group at Los Angeles-based George Smith Partners, a leading commercial real estate capital markets advisor, announced today that it has secured a $25.5 million in non-recourse, interest-only, bridge financing for Vancouver, Canada-based Townline’s ’ acquisition of 2600 N. Central Ave., a Class A office buildi...

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leading-life-science-real-estate-developers-speaking-at-naiop-event-share-opportunities-and-challenges-facing-local-market

NAIOP San Diego, the Commercial Real Estate Development Association, convened a panel of San Diego’s leading life science real estate developers last week at the San Diego Marriott Del Mar to discuss the opportunities and challenges facing the local life science industry and development companies that create real estate s...

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naiop-san-diego-announces-2020-board-of-directors

NAIOP San Diego, the Commercial Real Estate Development Association, will install Lowe Senior Vice President Todd Majcher as its 2020 president. Majcher transitions from his role as co-chair of NAIOP San Diego’s legislative committee and will continue to support the important work of the committee as members seek to un...

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harvest-commercial-capital-llc-closes-its-first-securitization-of-owner-occupied-first-lien-sba-504-loans-and-conventional-real-estate-loans-266-6-million-of-offered-certificates-rated-by-kr

Harvest Commercial Capital, LLC (“HCC”), the nationwide non-bank leader in owner-occupied small balance commercial real estate loans, securitized $266.6 million of first-lien, SBA 504 and conventional fixed rate commercial real estate loans that the company references as HCCLT 2019-1. The transaction was co-lead manage...

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crew-san-diego-elects-new-board-of-directors

CREW San Diego, a membership organization dedicated to promoting, educating and supporting professionals in the field of commercial real estate, has announced its 2020 board of directors: President: Ariel Bedell, Loftin|Bedell P.C. President-Elect: Lisa Bittner, NV5 Secretary: Jeana Renger, Ferguson Pape Baldwin Ar...

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westcore-closes-third-investment-platform

, a leading west coast industrial real estate acquisition, development and asset management firm, has closed its third real estate platform, anchored by a $100 million co-invest commitment from its longstanding executive team. Furthermore, after decades of individual and programmatic joint ventures with institutional cap...

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vertical-farming-company-plenty-selects-westcore-properties-warehouse-project-for-expansion-into-los-angeles-market

Westcore Properties has inked a 10-year lease for its entire 94,875-square-foot warehouse development project currently under construction at 126 E. Oris Street in Compton, Calif. with Bay-area vertical indoor farming company Unlimited. Scheduled for completion in November 2019, Westcore’s Class A building’s ceiling...

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lpc-west-adds-sorrento-mesa-asset-to-its-growing-list-of-san-diego-industrial-properties

LPC West, Inc., the West Coast operating company of Lincoln Property Company, has acquired an approximately 62,400-square-foot industrial building on three-and-a-half acres of land. LPC West purchased the property, located at 9877 Waples Street in the Sorrento Mesa submarket of San Diego, from MVP Waples, LLC for $10.4 mill...

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lpc-west-crow-holdings-capital-acquires-10-55-acre-industrial-property-in-kearny-mesa

A partnership between LPC West, Inc., the West Coast operating company of Lincoln Property Company, and a private equity real estate fund advised by Crow Holdings Capital has acquired approximately 174,000 square feet of existing industrial buildings on 10.55 acres of land at 7995 Armour Street, 4212 Pepsi Drive and 7902 Ot...

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westcore-properties-sells-543000-sf-los-angeles-industrial-park-to-ps-business-parks-inc-for-104m

Westcore Properties has sold PS Business Parks, Inc. a fully leased, 543,161-square-foot, multi-tenant office park in Santa Fe Springs, California for $104 million. “This exceptionally well-located industrial park in the low-vacancy, mid-counties submarket of Los Angeles has attracted tenants partly because of its acce...

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