Net Lease

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BMW Dealership Trades for Record Price

Kelsi Maree Borland |

A BMW dealership in Beverly Hills sells for $70 million, the highest price ever paid for a car dealership in the L.A. market, GlobeSt.com reports EXCLUSIVELY.

Phoenix Retail Build Delivers 100% Leased

Kelsi Maree Borland |

The first phase of the Block in Scottsdale delivers fully leased to a roster of national tenants.

Westcore Sells 7M-SF Industrial Portfolio

Kelsi Maree Borland |

The San Diego-based investor has sold a 26-asset industrial portfolio to Stockbridge Capital Group.

MCA Buys Rare Multi-Tenant Industrial in Las Vegas

Kelsi Maree Borland |

The investor buys a 350,000-square-foot multi-tenant industrial complex near the Las Vegas Strip.

Buchanan Street Sheds Trophy Office Asset in Phoenix

Kelsi Maree Borland |

The investor sold Quattro, a 265,000-square-foot office asset in Phoenix, for $43.5 million.

ASB Grows IE Industrial Portfolio

Kelsi Maree Borland |

The investor buys a 1-million-square-foot class-A distribution facility in Riverside for $123.8 million.

San Diego Big Box Leasing Picks Up

Kelsi Maree Borland |

While leasing activity was strong in the first half of the year, new supply coming to the market kept the vacancy rate flat.

Santa Ana Opportunity Zone Office Building Trades for $97M

Kelsi Maree Borland |

The Pacific Center is a two building, 390,600 square-foot office campus that is 85% leased.

News

Dollar Store Sector Continues to Attract Private and 1031 Exchange Buyers

John Jordan |

The report states that in 2019 Dollar General alone plans to open approximately 1,000 locations, while the dollar store sector has a pipeline of approximately 24,000 new locations planned for the future.

Phoenix Data Center Trades for $72M

Kelsi Maree Borland |

Lincoln Rackhouse and Principal Real Estate Investors have sold a 191,000-square-foot data center, 100% leased to a global data center services provider.