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,…
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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…
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…
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,…
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…
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 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 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,…
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…
13.12.2021, 18:17 Cushman & Wakefield Relocates San Diego Office Cushman & Wakefield has moved its San Diego regional headquarters office to One Paseo, a brand new Class A mixed-use commercial and residential development within California’s prestigious Del Mar community. The global real estate major now occupies cutting-edge office space totalling 22,000 square feet on the…
22.11.2021, 17:19 Phoenix Distribution Facility Sells for US $74.7 Million Cushman & Wakefield has advised on the sale of a newly developed 145,474 SF Class A last-mile fulfillment/distribution facility occupying over 34 acres in Phoenix, Arizona. Built in 2021, the freestanding asset is 100 per cent leased to a global Fortune 50 e-commerce company, and…
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…
Cushman & Wakefield has brokered the sale of the newly developed Elysian at The Palms apartment community in Las Vegas to Walton Street Capital. Built in 2021, the 286-unit, the Class A multifamily asset is located at 3850 West Nevso Drive on a site adjacent to the world-famous Las Vegas Strip. The property was originally…
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…
20.10.2021, 17:21 Walton Street Capital Acquires Salt Lake City Industrial Park Cushman & Wakefield has brokered the disposition sale of a newly constructed 628,611 SF Class A industrial project in West Valley City (Salt Lake City), Utah. Built in 2021, the three-building, multi-tenant property known as 201 Mountain View Park is situated in Salt Lake…
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…
A new report from Cushman & Wakefield considers the impact of the Delta variant and other factors on global return-to-office planning, and makes new forecasts based on declining Covid-19 cases and progress towards achieving herd resiliency through adequate vaccination rates. Many companies had been planning on a broad return to the office this summer and…
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…
16.09.2021, 16:55 Cushman & Wakefield Appoints Veteran Broker to Capital Markets Team Pat Mutzel has joined Cushman & Wakefield as a senior director of its Capital Markets team from Colliers International where he served as a Senior Vice President. Mutzel, who will be based in the company’s Bellevue office in Washington, brings over a decade of…
07.09.2021, 17:24 Sale and Lease of Vacant Entertainment Asset in Chandler Cushman & Wakefield has brokered the sale and lease of an innovative movie theater and brewhouse within the Overstreet mixed-used development in Downtown Chandler, Phoenix, Arizona. Built in 2018, the vacant 35,143 SF property at 1 Chandler Blvd contains a 9-screen movie theater with…
30.08.2021, 22:33 Disposal of Southwest Valley Industrial Facility Minneapolis-based Opus Group has sold a 450,000 SF cross-docking logistics development in Goodyear, Arizona for US $56 million in a transaction brokered by Cushman & Wakefield. Developed on a 29-acre site at 2250 South Litchfield Road in 2021, the Class A facility is located adjacent to Phoenix Goodyear Airport…