Finance
Toronto’s Automotive Properties REIT Lands Santa Ana Audi, Volkswagen Dealerships for $30.15MM in Cross-Border Penske Net-Lease Play
The 61,000-square-foot Orange County acquisition closes at a $4.95 million discount to asking and extends the Canadian REIT’s push into premium U.S. auto...
Fully Entitled South Pasadena Condo Development Site Brought to Market for $13.6MM
The 0.81-acre corner lot at 815 Fremont Avenue carries planning approval for 56 condominiums and ground-floor commercial space, eliminating entitlement risk in a...
10-Unit Legacy Beverly Hills Multifamily Community Sells for $13.2MM
Condo-mapped multifamily property at 313 S. Reeves Drive traded below its prior $14.25MM asking price after entering the market earlier this year Apartment...
34,500 SQFT Pomona Strip Center Tests Investor Appetite for Infill Retail with Listing at $15.88MM
Faris Lee Investments has listed Garey Olive Center in the San Gabriel Valley with flexible zoning that opens the door to residential, medical...
Satechi Acquires 60,000 SQFT Scripps Ranch Building in San Diego from Dye Precision for $15.1MM
The San Diego consumer electronics brand secures owner-user industrial space as Scripps Ranch posts its only meaningful absorption of the quarter Satechi has...
Rexford Industrial Trades 100,000 SQFT Valencia Building for $31MM at $310 Per Square Foot
The single-tenant, fully-leased industrial building in the Greater San Fernando Valley submarket sold to an owner-user as Rexford accelerates capital recycling. Rexford Industrial...
Sharp Capital Tests Glendale Office Demand With Listing for Fully Leased 72,600 SQFT Broadway Tower
Beverly Hills-based investor seeks buyer for 425 W. Broadway as Tri-Cities vacancy hits 26.1 percent Sharp Capital is testing investor appetite for a...
Rexford Industrial Sheds 5.1-Acre Irwindale Development Site for $14.5MM
The San Gabriel Valley land sale to an owner-user marks one of five Q1 dispositions as the REIT pivots away from speculative development...
Douglas Elliman Lands Mark Cohen to Push Elliman Capital Into California Luxury Market
The brokerage’s in-house mortgage platform enters Los Angeles less than a year after launch, betting that integrated jumbo financing can win business in...
B.A.G. Investments Lands 104-Unit Parc @ 5 in Downey for $40.35MM in 605 Corridor Play
Colliers brokered the off-market trade at roughly $388,000 per unit, with Freddie Mac providing $28.25MM in debt financing B.A.G. Investments, Inc. has acquired...
Orange County Sanitation District Pays Rexford $26.7MM for Adjacent Fountain Valley Industrial Building
The public agency’s acquisition of 18250 Euclid Street — next door to its main treatment plant — closed at $425 per square foot...
Pointe Mesa Apartments Sells for $14.25MM in Westside Costa Mesa
Matthew Hoyt-led ownership group pays $375,000 per unit for the 38-unit community, the priciest per-door trade among Orange County’s headline first-quarter deals. A...
