Pacific Industrial has sold a 824,320 square foot logistics centre in Salt Lake City to developer Principal Global Investors in a transaction advised by Cushman & Wakefield. The recently completed Pacific Summit Logistics Center is a single industrial facility totaling 824,320 square feet located at 885 N John Cannon Drive. The developer, a Southern California-based…
Cushman & Wakefield
Cushman & Wakefield has launched C&W Green Buildings, a proprietary digital software assessment tool that identifies custom decarbonization, retrofitting and cost savings opportunities for real estate investors and owners. Created through an exclusive partnership with CFP Green Buildings (CFP), a consultancy with a mission of making buildings and homes more sustainable, the tool offers Cushman…
Mark Lodmill, MAI has joined Cushman & Wakefield’s Valuation and Advisory (V&A) Living Sectors practice in Denver as an Executive Director. With more than 25 years’ real estate appraisal and consulting experience, Lodmill focuses on multifamily valuations throughout Colorado’s front range, western slope and high-country regions including Denver, Boulder, Greeley, Fort Collins, Grand Junction, Durango,…
PCI Pharma Services, a provider of pharmaceutical development services to the global healthcare market, will lease a 105,457 SF building on Brown Field Tech Park I at 7255 Otay Mesa Road in San Diego under a lease brokered by Cushman & Wakefield. The property is owned by Hines, one of the largest privately held real…
Arizona-based real estate development and investment company ViaWest Group has broken ground on a new 172,845-square-foot Class-A speculative warehouse building in Salt Lake City, Utah. The new 5 South Commerce Center development is scheduled for completion in the second quarter of next year. Cushman & Wakefield director Phillip Eilers and colleagues, Jon Schreck and Rick…
Cushman & Wakefield and commercial real estate finance company Greystone Servicing Company LLC have recruited a team led by former CBRE Capital Markets Executive Vice President, Craig Branton, to their multifamily equity, debt and structured financing (EDSF) operation in Denver, Colorado. Branton, who joins Cushman & wakefield as Vice Chairman, brings his extensive background in…
The Gateway Marketplace shopping center in Idaho has executed new leases with PGA TOUR Superstore and Chicago Fire Pizza in transactions brokered by Cushman & Wakefield’s retail team. Owned by Orange County, CA-based Wood Investments Companies, Inc., the 135,732-square-foot asset is located at one of the busiest intersections in the city of Meridian, a suburb…
Cushman & Wakefield has welcomed a six-member multifamily brokerage team with over 225 recorded sales across almost 10,000 residential units and transactions exceeding US $1.5 billion to its office in Seattle. The distinguished team which is led by Tim McKay, Sam Wayne, Dan Chhan and Matt Kemper, has negotiated several, significant tansactions during the past…
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…
Investment manager Stanton Road Capital, LLC, has executed a five-year lease renewal with Rakuten Americas for a full floor and a half of the Union Park Center III in Cottonwood Heights, Utah. Union Park Center is a premier Class A office complex located approximately 12 miles southeast of Salt Lake City. Rakuten’s offices are located…
Cushman & Wakefield has represented Regent Properties in the disposal of three Class A assets in Carlsbad (San Diego), California for a combined price of US $130.75 million. The North San Diego County portfolio consists of ATLAS, a 230,957-square-foot office/R&D campus along with two single-tenant creative corporate headquarters facilities totaling 114,835 sf. ATLAS, which completed…
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…
Phoenix-based commercial real estate investor and developer ViaWest Group is making its first foray into the Denver market with the construction of a 134,400 sf industrial facility. The Downtown Distribution Center, a Class A industrial development on a 9.32 acre site just north of Downtown Denver is scheduled for delivery in the second quarter of…
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 welcomed several brokers from Savills to its Tenant Rep team in Silicon Valley in June. The new appointees bring extensive knowledge of the technology, life science and biotech, healthcare, finance and gaming sectors to their new roles – with companies they have served collectively including Alibaba, Boston Scientific, Softbank, Cohesity, Twilio,…
Cushman & Wakefield has advised Gardner Batt on the disposal of an industrial portfolio of two newly constructed Class A industrial/logistics buildings let by a Fortune 10 global e-commerce company in Salt Lake City. The joint venture of Greenlaw Partners and Mirae Asset Global Investments acquired the 347,290-sf portfolio in Utah for a combined price…
Plans have been unveiled for Above, a 350,000sf ground-up creative office project that will support the continuing regeneration of Los Angeles’ Arts District. Owned and entitled by LA-based The Legendary Group, the 17-story Class A project will consist primarily of 311,000 sf of office space on 12 floors plus 22,000 sf of ground floor production,…
Professional has transacted over 25,000 acres of land, including production agriculture and ranching properties, and has extensive knowledge of water rights
Cushman & Wakefield has acquired Cresa Partners of Los Angeles, Inc., which provides commercial real estate services to clients in diverse industries, including entertainment, technology, interactive entertainment, professional services, biotech and transportation from locations in West Los Angeles, Woodland Hills and Westlake Village. Representing occupiers exclusively, the Cresa team comprises over 40 professionals, made up…
Cushman & Wakefield has advised the sale of a ±13.43-acre industrial park comprising five buildings totaling 95,600 square feet with two land parcels totaling ±4.17 acres all on the same cul-de-sac in Los Angeles. The portfolio is located strategically, adjacent to the Van Nuys Airport. Boston real estate investment firm Longpoint Realty Partners acquired the…
BNP Paribas Real Estate (BNPPRE) has announced the strategic appointed of Fergus Keane from Cushman & Wakefield as the new Head of its Central London Office Investment team. Keane, currently an international partner in Cushman & Wakefield’s London Markets team, has over two decades of experience in commercial property throughout the UK and Ireland. Working…
Project and cost management consultancy Stature London has relocated to new offices in Wilton Road near Victoria Station. The 2,500 sq ft premises were previously a Pret A Manger training academy, with Stature London managing their fit-out prior to its move. The consultancy recently recruited five new members of staff and appointed Lee Marple as…
Cushman & Wakefield has appointed seasoned real estate leader Christina Roush as Managing Principal of its operations in San Diego, California. Roush brings over three decades of commercial real estate and leadership experience to her new role and will oversee the growth of Cushman & Wakefield offices in San Diego, including a new regional headquarters…
Cushman & Wakefield has hired veteran valuation professional Julie Holt-Swaun, MAI, MRICS to its Valuation & Advisory (V&A) practice in Seattle, Washington. Holt-Swaun will serve as an executive director and one of the firm’s key retail valuation experts in the Seattle and Greater Washington markets, working closely with Richard Latella, executive managing director and the…
Cushman & Wakefield has represented RPG in the recapitalization sales of two Class A creative office and mixed-use office/retail assets in Carlsbad (San Diego), California. The properties had a combined building value of US $86 million at the time of transaction. Transacted separately, the recapitalizations consisted of Fusion, a recently transformed 121,541-square-foot Class A creative…
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 $17.96 million. The two-building campus is located at 3110-3160 Camino Del Rio South in the Mission Valley submarket and was 91.2 per cent leased at the time of…
Funds advised by European investment fund advisor, DRC Savills Investment Management LLP (DRC SIM), financed a portfolio of 21 supermarket assets owned by Blackbrook Capital (Blackbrook). Blackbrook were advised by the EMEA Cushman & Wakefield Debt and Structured Finance (C&W) team on the financing. The portfolio is subject to long-term triple net leases to Eroski,…
Nobell Foods, a startup specializing in manufacturing cheese from plant-derived dairy proteins, has leased 66,234 square feet of Class A office/life science space for its new headquarters in South San Francisco, California in a deal brokered by Cushman & Wakefield. Relocating and expanding its headquarters from a nearby location in SSF, Nobell Foods’ new headquarters…
Cushman & Wakefield has advised on the US$ 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…
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,…
3D Investments LLC has agreed to acquire Tivoli Village, a premier 669,406-square-foot Class A open-air mixed-use project in Las Vegas, Nevada for US $216 million. The purchaser, a joint venture between Property and Building Corp. (PBC) and IDB Group USA, owns, operates, and develops real estate properties in California, Nevada and throughout the United…