Prominent San Francisco law firm Shartsis Friese LLP has leased 26,000 square feet of office space at 425 Market Street, a LEED Platinum-certified skyscraper building within the city’s South Financial District in a deal brokered by Cushman & Wakefield and JLL. Founded in 1975, the litigation practice which attracts a global clientele from the hedge…
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Cushman & Wakefield Northern California Asset Services has been awarded the management contract for a 14-building, 1.1 million sq. ft (msf) office portfolio and 7 msf NNN ground lease portfolio at the Stanford Research Park (SRP) in Palo Alto, California. Affiliated with Stanford University since 1951, the park is in the heart of Silicon Valley’s…
Cushman & Wakefield has advised an Ares Management Real Estate fund over the sale of a 601,103-square-foot multi-tenant industrial building in the Otay Mesa submarket of San Diego, California. Located at 2020 Piper Ranch Rd, the fully leased Class A asset is considered one of San Diego’s largest iconic industrial buildings. The facility was acquired…
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…
Onni Group’s Wilshire Courtyard office campus in Los Angeles has signed a multi-floor lease totaling 225,239 square feet with Sony Pictures Entertainment (Sony Pictures). Wilshire Courtyard is a two-building Class A campus situated in the heart of Miracle Mile, the cultural epicenter of Los Angeles, and home to the Los Angeles County Museum of Art…
John Covert has been appointed as a director of Cushman & Wakefield’s Denver office and member of its newly formed Rocky Mountain Residential Land Services. Covert’s background includes a variety of work across the residential sector, including single-family residential development, lot and land acquisition, land development, consulting, urban planning, municipal / regional economic development, business…
Cushman & Wakefield has added two more talented commercial real estate brokers to its industrial sales and leasing teams in Phoenix, Arizona. Joining the firm are Micki Strain, Managing Director, who will specialize in institutional industrial investment sales, and Foster Bundy, Senior Associate, who will focus on industrial leasing and private capital sales. Strain will…
Cushman & Wakefield has brokered a full-building lease totaling 1,156,860 square feet with Logistics Plus, Inc. (LP) at Sarival Logistics Center, a new industrial development in Glendale, Arizona. The building was constructed on a speculative basis and represents the first phase of a larger development which can accommodate over 2 million square feet of industrial…
Cushman & Wakefield has brokered a US $110 million refinancing deal with Citibank for Met Tower, a multifamily high-rise development at 1942 Westlake Avenue in Seattle, serving as exclusive advisor to Low Tide Properties and Continental Properties. Met Tower is a 366-unit luxury apartment property. Originally built in 2001, the property features studio, one- and…
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 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…