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…
Wakefield
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…
11.08.2021, 09:33 Dansons Acquires New HQ Building Global supplier of grills and smokers to the commercial catering sector, Dansons, has acquired a new headquarters facility in Scottsdale, Arizona in a sale brokered by Cushman & Wakefield. Purchased for US $39 million, the 200,000 SF property at 8877 N Gainey Center Drive was formerly occupied by a…
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…
26.07.2021, 23:02 Acquisition of Class A office Buildings in Drapier, Utah Sterling Realty Organization (SRO) has acquired four office buildings on the Vista Station development in Utah in a sale brokered by Cushman & Wakefield. The portfolio comprizing Buildings 4, 7, 8 and 10 offers a total area of 541,678 SF and is located on…
16.07.2021, 14:09 LA Records Record Industrial Rent Rises Cushman & Wakefield has published its latest report on the industrial property market in the Greater Los Angeles area, accompanied by a “5 Fast Facts” infographic illustrating how supply-side shortages are driving up commercial rents. According to the report‘s findings, increased demand for logistics space continues to…
29.06.2021, 21:31 Retail Veteran Joins Cushman & Wakefield Las Vegas Team Cushman & Wakefield has appointed Scot Marker, a retail specialist with over 25 years’ experience, as a Director of its office in Las Vegas, Nevada. Marker has more than 25 years of experience as a retail broker and has successfully negotiated many transactions with…
18.06.2021, 09:56 Sale of Mixed Use Scottsdale Commercial Development Cushman & Wakefield has brokered the sale of Chauncey Lane Marketplace, a newly constructed Class A mixed-use office/retail property in north Scottsdale, Arizona The high-image asset totals 34,963 square feet in three stories and was acquired by Los Angeles-based Ronal, LLC for US $17.4 million. The…
10.06.2021, 18:00 Sale of 146,626 SF San Diego Office Campus Cushman & Wakefield has brokered the sale of Summit Pointe, a 146,626 SF creative corporate office campus situated on 20.95 gross acres in San Diego, California. Located at 10641 Scripps Summit Ct., the existing four-story building was originally developed in 2000 and completely repositioned in…
04.06.2021, 01:59 Office Campus Sold for Redevelopment Cushman & Wakefield has advised the sale of four office buildings totaling 221,921 square feet on approximately 13 acres in Lake Forest (Orange County), California. The portfolio sold in two separate transactions to the joint venture of Western Realco and RREEF, which acquired the sites on a land…
20.05.2021, 19:03 SteelWave Acquires Creative Office Campus in the Lost Angeles Arts District Cushman & Wakefield has brokered the sale of The Switchyard, a 150,451 SF Class A creative office campus located in the Arts District, Los Angeles for US $80 million. San Francisco-based SteelWave acquired the modern two-building campus developed recently in two phases…
12.05.2021, 22:46 LA Office Campus Signs 27,500 SF Tenant Onni Group’s Wilshire Courtyard office campus in Los Angeles, California has signed a new long-term lease with CO Architects, a Los Angeles-based architecture firm, for 27,461 square feet of space at the Class A office project. The company will be located on the fifth floor of…
05.05.2021, 19:38 Industry Veteran Joins Cushman & Wakefield’s Oakland Team Cushman & Wakefield has appointed Cori English as Managing Principal for the San Francisco East Bay Area market. Based in the firm’s downtown Oakland office, the dynamic and accomplished professional will oversee the company’s East Bay operations in Oakland, Walnut Creek, Pleasanton, and Stockton. As…
23.03.2021, 21:14 Sale and Lease of San Diego Industrial Asset Cushman & Wakefield has represented private equity firm Stockbridge in the disposition of a 202,844 SF multi-functional industrial asset located at 1 Viper Way in Vista, San Diego, California. The buyer of the property was RPG, one of the most innovative developers in San Diego…
17.03.2021, 00:19 Cushman & Wakefield Strengthens Phoenix Office Services Team Cushman & Wakefield has welcomed veteran CBRE sales duo Brad Anderson and Michael Strittmatter as senior members of its Office Services team in Phoenix, Arizona. Anderson who will serve as Vice Chairman in Phoenix, whilst Strittmatter serves as managing director, have collectively completed more than…
16.03.2021, 23:38 Hybrid Working and Mandating COVID Vaccines A majority of adults surveyed for a report on working preferences in the United States post-Covid-19, want employers to embrace hybrid work practices and enforce mandatory vaccination against the coronavirus. The Return to the Workplace Report which was commissioned by workplace technology platform, Envoy, examines employee attitudes on…
10.02.2021, 02:32 Cushman & Wakefield Strengthens North California Capital Markets Group Cushman & Wakefield has appointed veteran investment sales professional Rick Ryan as an executive director of its Northern California Capital Markets Group. Ryan will focus primarily on the disposition and acquisition of properties located in Sacramento and the Northern California and Western United States,…
29.01.2021, 07:16 Acquisition Finance Raised for Residential Complex Cushman & Wakefield has raised acquisition debt and joint venture equity financing for a 48-unit apartment complex in Boulder, Colorado. The purchase transaction for Glenwood Village Apartments at 2747 Glenwood Ct closed with an equity investment of US $11,000,000 and debt financing of US $7,000,000 with a…
22.01.2021, 01:28 Speculative Cold Storage Project to Launch in 2021 Completion of Denver’s first ever cold storage speculative development at 189 Bromley Business Parkway in Brighton, Colorado, has been scheduled for October 2021. 76 Freeze, a 247,032-square-foot state-of-the-art, multi-temperature facility, is situated on 17 acres is strategically positioned to service Colorado’s Front Range and Rocky…
14.01.2021, 20:02 Cushman & Wakefield Names New Managing Principal for Northern California Cushman & Wakefield has appointed veteran real estate professional Matt Chatham as Managing Principal of its operation in the Northern California market. Based in San Francisco, Chatham will oversee all aspects of the firm’s operations and business lines in the region. Chatham previously…
13.01.2021, 17:19 Sale and Leaseback of Phoenix Manufacturer’s Premises Cushman & Wakefield has represented Phoenix Paver, a privately-owned manufacturer of residential and commercial pavers, in the US $ 14 million sale and leaseback of its headquarters and production facilities in Phoenix, Arizona. Comprising four neighboring properties in the airport area, the asset consists of approximately…
06.01.2021, 17:41 Repurposing a Former Medical Device Company’s HQ Cushman & Wakefield has represented commercial real estate firm Graymark Capital estate firm during the acquisition of a vacant single-story office/R&D asset in Palo Alto, California. The property was recently vacated by a medical device company which was engaged in developing a digital surgery platform. Graymark…
17.12.2020, 21:36 Acquisition of Portland Industrial Portfolio Investment real estate firm Black Creek Group have announced the acquisition of a two-building 122,800SF industrial portfolio in Portland, Oregon. The multi-tenant property at 19217-19241 NE San Rafael in Portland’s East Columbia Corridor submarket was recently renovated, and is 100 per cent leased to two tenants. The seller…
01.12.2020, 22:38 Disposal of Mixed-Use Development in Downtown Chandler Cushman & Wakefield has facilitated the sale of Overstreet, a fully leased, Class A mixed-use office/retail development in downtown Chandler, Greater Phoenix, Arizona for for US $12.3 million. Newly constructed in 2018, the property consists of 31,804 square feet comprising of two separate ground-level retail spaces…
23.11.2020, 20:14 Breaking Ground on the US $1 Billion Lakeview Business Park Development NorthPoint Development and The Romney Group will soon begin construction of a 19 million SF state-of-the-art mixed use industrial development in Grantsville, Utah. Named the Lakeview Business Park, the new monumental Class A project is situated on more than 1,300 acres and…
20.11.2020, 00:36 107 Cheapside Contract Cushman & Wakefield have selected Jaguar Building Services to deliver hard FM services at 107 Cheapside, a commercial building in the City of London developed by the Carlyle Group. Jaguar will assume responsibility for providing mechanical and electrical (M&E), and building fabric maintenance services at the 183,000 SF property which…
19.11.2020, 00:24 Disposal of Single-Tenant Facilities In Phoenix Cushman & Wakefield has advised Cohen Asset Management on the sale of a Class A industrial portfolio totaling 292,185 square feet in the Phoenix, Arizona Metro area for US $45.35 million. The portfolio comprising two buildings located in the Southwest Valley and Tempe submarkets recently sold to…
18.11.2020, 13:38 How Much More Will Flex Space Bend? Dan Zakai, CEO and co-founder of Tel Aviv-based Mindspace, considers the lasting legacy of Covid-19 on the global flex space market. It would not be an exaggeration to describe 2020 as the most turbulent year in recent history. The global economy is in a recession. The future…
20.10.2020, 18:17 Refinancing of Eighteen Capital Group Residential Portfolios Cushman & Wakefield has refinanced a loan on a nine-property apartment portfolio totaling 1,969 units in Arkansas, Texas, South Carolina, Indiana and Missouri. The US $108,000,000 cash-out refinancing deal involved a 10-year loan with interest only payments for the first two years, a fixed coupon of…
15.10.2020, 23:47 Acquisition of San Diego Industrial Facility An anonymous HNW investor has acquired a fully-leased 27,000 SF single-tenant industrial facility in Miramar (San Diego), California for US $7.5 million in a deal brokered by Cushman & Wakefield. Bryce Aberg and Zach Harman from Cushman & Wakefield represented the former owners, Stos Partners, in negotiations…
14.10.2020, 20:32 Real Estate Veteran Rejoins Cushman & Wakefield Veteran real estate counselor P. Barton DeLacy, MAI, CRE, has rejoined Cushman & Wakefield as Executive Director in Valuation & Advisory after returning to the Pacific Northwest (PNW) from Chicago. Delaney, who has run a boutique valuation consulting firm for almost a decade, will officially be…