Eastdil Secured
Continental Realty Pays $110MM for 292,000 SQFT Shopping Center in Costa Mesa
(EDITOR’S NOTE: According to a report from Commercial Observer, the property was acquired for $110 million, or about $376 per square foot. The...
Advanced Real Estate Pays $96MM for 264-Unit Apartment Complex in Huntington Beach
(EDITOR’S NOTE: According to information from the company, Advanced paid $96 million, or about $363,636 per unit, for the property.) Irvine, CA –...
Westcore Acquires Four Buildings Totaling 740,000 SQFT in Valencia for $211.3MM in 3.5MM SQFT Portfolio Deal
The 16 Buildings Spread Over Three Markets are 100% Occupied (Editor’s Note: The four Valencia buildings are located at 28104 and 28355 Witherspoon...
Public Storage to Acquire Simply Self Storage from Blackstone in $2.2B Deal
GLENDALE, California and New York — Public Storage (NYSE:PSA) (the “Company”) and Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced today an agreement...
DivcoWest Acquires 72,500 SQFT Life Science Property in San Diego’s Torrey Pines for $86MM
(EDITOR’S NOTE: The property was sold for $86 million, or about $1,186 per square foot, according to an announcement from Alexandria Real Estate...
MG Properties, Rockwood Capital Purchase 379-Unit Apartment Community in San Diego for $185MM
(EDITOR’S NOTE: According to information from MG Properties, Domain San Diego sold for $184.6 million, or about $487,071 per unit.) SAN DIEGO —...
Unibail-Rodamco-Westfield Sells 1.5MM SQFT Westfield Santa Anita in Arcadia for $537.5MM
Unibail-Rodamco-Westfield (“URW”) today announced that it has completed the sale of Westfield Santa Anita in Arcadia, California, to an established commercial real estate...
LaTerra Development & QuadReal Secure $198.5MM Construction Loan For 573-Unit Burbank Apartment Project
LOS ANGELES and VANCOUVER, BC, Nov. 11, 2021– LaTerra Development, a Los Angeles-based developer, together with QuadReal Property Group, a global real estate company, announced the closing of a $198.5...
Greystar Sells U.S. Multifamily Value-Add Fund for Approximately $3.6B
(EDITOR’S NOTE: According to industry reporting, the buyer of the portfolio is Ivanhoe Cambridge.) Charleston, SC – Greystar Real Estate Partners LLC (“Greystar”),...
Sofitel Hotel in Beverly Hills Acquired for $96MM
(EDITOR’S NOTE: The asset is located at 8555 Beverly Blvd. According to sources familiar with the deal, the property sold for $96 million,...
