Industrial
Sacramento Industrial Asset in Sacramento Sells for $36.9MM, Sets Price Per Square Foot Record
(EDITOR’S NOTE: The property sold for $179 per square foot and sets a price per square foot record. According to public records and...
Fortress Investment Buys Fremont Warehouse for $80MM
(EDITOR’S NOTE: According to sources familiar with the deal, the sellers were private owners and the cap rate on the deal was 3.5...
CapRock Partners Closes $700MM Logistics Venture
CapRock Logistics Venture closes oversubscribed and above target, nearly fully allocated to firm’s extensive development pipeline Venture will fund nearly $2 billion in...
Los Angeles Pension Fund Plans Major Commitment to Core Real Estate Assets in the Range of $2.4B to $6.4B
By Jon Peterson The Los Angeles County Employees Retirement Association is planning to issue some big commitments to core open-ended commingled real estate funds...
Fortinet Widens Sunnyvale Holdings with $44MM Acquisition of Industrial Asset
By Meghan Hall Fortinet, a multinational cybersecurity company, has acquired a new property in Sunnyvale, not far from its current headquarters. In a...
Bridge Investment & Townsend Announce $400MM Global Gateway Institutional Logistics Venture
SALT LAKE CITY–Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) and The Townsend Group (“Townsend”) announced today that they have signed a definitive...
Mapletree Successfully Closes New $1.4B United States Logistics Fund, Includes 444,000 SQFT Sacramento Property
SINGAPORE – Mapletree Investments (“Mapletree” or “the Group”) is pleased to announce the successful closing of its third private fund in 2021, Mapletree US...
322,318 SQFT Crossroads Research Center in Union City Trades for $161MM
(EDITOR’S NOTE: According to sources with knowledge of the transaction details, the property sold for just under $161 million, or $500 per square...
Prime Data Centers Expands Sacramento Portfolio, Begins Construction on 150,000 SQFT Center
(EDITOR’S NOTE: Phase Two of its campus at McClellan Park will total 150,000 square feet and total up to 16MW of capacity, according...
Ark Row Industrial Buys South San Francisco Properties for $32MM
By Meghan Hall Local investment firm Ark Row Industrial is expanding in South San Francisco, and the company has bought two properties just up...
Dermody Properties Announces More than 146,000 SQFT Leased to Costco Innovel in Sacramento
We are pleased to announce a new lease at LogistiCenterSM at Southport with Costco Innovel, a division of Costco. The company will lease 146,763...
J&J Properties Buys Manufacturing Campus in San Jose for $64.3MM
SAN JOSE, Calif. – Nov. 9, 2021 – CBRE announced the sale of the 160,000-sq.-ft. advanced manufacturing and office campus located at 5300-5350 Hellyer...