Globest Sectors

Upon their acquisition of the Ballantine Industrial Center, Turnbridge and their investment partners immediately began a capital improvement program of more than $10 million aimed at creating a modern and flexible industrial property.

The firm, which offers cutting-edge workout bikes for indoor cycling as well as other fitness related instruments, has taken occupancy of the space and is utilizing its new facility as a warehouse/distribution and fulfillment center.

The properties were sold by Angelo Gordon of New York City and Commercial Florida Realty Partners.

Traff served as VP at Madison Marquette for the past eight years where she focused on the retail leasing of mixed-use lifestyle centers, grocery-anchored shopping centers and ground-up development.

The San Diego retail property signs six recent leases to nearly fill up the 65,000-square-foot center.

A recession is among the top concerns for apartment investors this year, but interest rate cuts may have pushed the downturn back.

Nazareth Enterprises Inc. recently completed the $16.7 million acquisition of the Sacramento Heart Medical Building, a 47,500-square-foot class-A medical building located at 500 University Ave.

The student team wins the annual UCLA vs. USC Real Estate Challenge with its redevelopment plan for a 15-acre site in Orange County.