A new 1.8 million-square-foot (MSF) industrial, warehousing and distribution complex is to be developed at Otay Mesa in San Diego, California, by a joint-venture between Elevation Land Company and a real estate fund advised by Crow Holdings Capital. Strategically located in San Diego’s South County adjacent to the U.S.-Mexico international border, the Otay Business Park…
California
Ford Point, a landmark 478,761-square-foot Advanced Manufacturing and R&D industrial waterfront property in Richmond, California has leased 130,000 square feet to Moxion Power, a Y Combinator backed, vertically integrated manufacturer of mobile energy storage systems. The lease represents a sizable expansion at the property for the Richmond-based company. Abutting the San Francisco Bay, the landmark…
Woman owned Southern California based food-grade warehousing and 3PL service provider, West Coast Cold Storage, has achieved Safe Quality Foods (SQF) certification only six months after opening. The 124,000 sq. ft. cold storage facility earned the certification by completing the rigorous SQF auditing process within just six months of starting operations and received an outstanding…
AMP&RSAND has signed a lease with Harley Ellis Devereaux Corp (HED) at its creative office redevelopment on the site of the former San Diego Union-Tribune Publishing Company campus in San Diego’s Mission Valley area in a deal brokered by Cushman & Wakefield. The national architecture design, engineering, and planning firm is leasing 10,549 square feet…
Cushman & Wakefield has advised charitable foundation, The Ben B. and Joyce E. Eisenberg Foundation, on the disposal of a fully leased industrial park totaling 139,567 square feet in North Hollywood, California, with all proceeds from the sale to support the foundation’s charitable activities. Known as the Sherman Way Industrial Center, the multi-tenant property consists…
Cushman & Wakefield has expanded its offering to the healthcare sector in the West Region of the United States with the addition of an eight-member project management team as well as the purchase of certain assets from Petra Integrated Construction Strategies, LLC, an end-to-end healthcare facility concept, planning, development, and project management services firm in…
Cushman & Wakefield has brokered the sale of Center Point, Mission Valley, a 79,215 SF Class A multi-tenant office campus totaling in San Diego, California for US $17.96 million. The two-building campus is located at 3110-3160 Camino Del Rio South in the Mission Valley submarket and was 91.2 per cent leased at the time of…
Cushman & Wakefield has advised on the US$ 24 million sale of a single-tenant retail building in West Hollywood to a joint venture company operated by Acadia Realty Trust and Osiris Ventures. Located at 8833 Beverly Blvd, the 9,757 square foot, freestanding single-story property is fully leased to developer, producer and distributor of handmade high-end…
Merlin Entertainments has named Aramark as its food and beverage partner at five locations in the United Kingdom and two in the United States. The locations for the multiyear contract include Alton Towers Resort, Chessington World of Adventures Resort, Thorpe Park Resort, Warwick Castle and LEGOLAND® Windsor Resort in Britain, and popular American visitor destinations,…
Cushman & Wakefield has advised the sale of a brand new 709,081-sf Class A industrial warehouse facility situated on over 39 acres in Riverside, Los Angeles, California to the Alere Property Group. Completed in 2021 and located in the Inland Empire East submarket, the Freeway Business Center is positioned in one of the most desirable…
Cushman & Wakefield has represented MGNC during the sale of the single-tenant, triple Net (NNN) leased Sycamore Health Center in North San Diego, California to IRA Capital for US $11.25 Million.The two-story medical office building occupies 20,282 sf, and is located at 910 Sycamore Avenue . It is fully leased to UCSD Health. IRA Capital,…
12.11.2021, 12:52 Sale Heralds New Dawn for California Medical Facility Cushman & Wakefield has advised on the sale of Tustin Rehabilitation Hospital, a 73,180 SF medical facility comprising two buildings in Tustin, California. Located at 14851 Yorba St and 165 N Myrtle Ave, the asset respectively consists of a single-story, 17,180 SF skilled nursing facility…
29.10.2021, 01:33 Occupier Specialists Join Cushman & Wakefield San Diego Tenant advisory and occupier services veterans Andrew Ewald and Sean Fitzmaurice have joined Cushman & Wakefield’s San Diego office from CBRE. Ewald, who joins as executive director and Fitzmaurice who joins as managing director, will focus on advising occupiers in the life sciences, medical device and…
05.10.2021, 17:45 Cushman & Wakefield Poaches Senior Savills Tenant Reps Cushman & Wakefield has added veteran occupier services specialists Matt Hart as Vice Chairman and Alex Phillips as Executive Managing Director of its San Francisco office. Hart and Phillips were previously with Savills, where Hart was consistently recognized as a ‘Top Producer’ in the Bay…
28.09.2021, 12:52 Family Investment Vehicle Acquires LA Retail Anchor Store Cushman & Wakefield has brokered the sale of a newly built single-tenant grocery property in Los Angeles, California for US $35 million. Completed in 2020, the 29,456 SF property is located prominently on the southeast corner of Centinela Avenue and La Tijera Boulevard and benefits…
19.08.2021, 08:31 Cushman & Wakefield Strengthens California Investment Sales Veteran commercial land and investment sales professional John Kaufman has joined Cushman & Wakefield as a senior director of its Sacramento office. During the last two decades, Kaufman has brokered numerous transactions throughout California and Nevada. He has worked with many high-profile clients and dozens of…
05.08.2021, 22:19 Seasoned Multifamily Executive Joins Cushman & Wakefield Tina West has joined Cushman & Wakefield from CBRE as Senior Managing Director, Multifamily Asset Services for the western United States. West, who previously served as Managing Director and Multifamily Practice Leader for CBRE’s Property Management business in the Americas, brings more than three decades of…
29.07.2021, 01:47 Breaking Ground on an Innovative Commercial Center Construction is underway at San Manuel Landing, a Class A supply and logistics center in San Bernardino County, California administered by The San Manuel Band of Mission Indians. The project’s ground-breaking ceremony on the 50-acre site of the former Norton Air Force Base marked the beginning…
Sodexo is expanding the geographical reach of its latest acquisition, the Vancouver-based corporate catering aggregation platform Foodbee, to New York City, Los Angeles, Dallas and Montreal. Acquired by the French multinational foodservice and facility services provider on 12th July, Foodbee services businesses with flexible workforces and currently features 800+ local restaurants in 14 cities across…
10.06.2021, 17:34 Delaware North Strengthens Operational Leadership Delaware North has announced changes to the leadership of Delaware North Sportservice, its travel division and Australian subsidiary following a realignment of its group operating structure. All three appointees will continue to report to group chief operating officer and executive vice president, Jim Houser. James Obletz James…