TUCSON—Retail owner K-GAM Broadway Wilmot has leased three retail spaces totaling 53,764 square feet to seasonal tenant Spirit Halloween Superstores. Spirit Halloween Superstore, LLC will occupy 21,535 square feet just east of Park Place Mall at the southwest corner of Broadway Boulevard and Wilmot Road in Tucson. CBRE's Nancy McClure represented the landlord in the deal. Another Spirit Halloween Superstore is occupying space at 18,382 square feet in the Saguaro Shopping Center at 5975 E. Broadway Boulevard. CBRE's Nancy McClure represented the landlords of the property, KGAM Saguaro Properties, LLC; Indy-House, LLC and Tiburon, LLC. Spirit Halloween Superstore's third location will occupy 13,845 square feet at 4625 N. Oracle Road, across the street from the Tucson Mall. The landlord, Daniel Beringhause Trust was represented by CBRE's Nancy McClure. Torrey Briegel with Phoenix Commercial Advisors represented the tenant in all three Spirit Halloween Superstores transactions.

SAN DIEGO—Colliers International San Diego Region announces the investment acquisition of a 27,924-square foot, multi-tenant industrial and retail property located in Temecula, CA for $3.2 million. Joe Brady of Colliers International's Urban Property Team represented the San Diego-based buyer, the Anderson Family Trust. John Pfaffl of Jonan Property Services represented the Temecula-based seller, Winchester Group, JV. The single-story property was constructed in 1990 and is located at 41735 Winchester Road. The property was fully occupied at the time of sale with tenants including Redline Athletics, The Springs Community Church and All Star Promotions among others.

DIAMOND BAR, CA—Bridgegate Plaza, an office building located in Diamond Bar, California to has sold to Great Far East. CBRE's John Bibeau and Steven Saunders and Jeff Cole and Ed Hernandez of Cushman & Wakefield represented the seller. Irvine, CA-based GFE represented itself in the transaction with CBRE providing underwriting support. CBRE has also been retained as exclusive listing agent by the new owner. The property, located at 1440 Bridgegate Plaza Drive, is approximately 135,000 square feet in size. The three-story Class-A building, which features a stone lobby and sky-lit atrium, was constructed in 2002 and has immediate access to both the 60 and 57 freeways. The property was 78% leased at the time of the acquisition with major tenants including QTC and Insperity.

BURBANK, CA—Citra Apartment Homes, a partially renovated 34-unit apartment building in Burbank, California, has traded hands. The property sold free and clear of existing debt for $9.7 million, which equates to $286,765 per unit, or $470 per square foot, which is the highest price per square foot on record for an apartment building with more than 10 units in Burbank. Ron Harris, Bryan Schellinger, VP of investments, and Tyler Martin, VP of investments, represented the seller, a discretionary fund manager and procured the buyer, a private investor.

LOMA LINDA, CA—CBRE announced that it has secured $127.5 million in financing for the acquisition of a three-story, 327,641-square-foot, Class A medical office building in Loma Linda, California. Tom Traynor and James Millon of CBRE's Debt & Structured Finance team, along with James Scott and Bernard Van der Lande of CBRE Capital Advisors, secured the loan on behalf of the borrower, Easterly Government Properties. The ten-year, fixed-rate, interest-only loan was provided by Goldman Sachs at 60% LTV. Located at 26001 Redlands Boulevard, the newly developed property has been 100% leased to the Department of Veterans Affairs (VA) for 20 years. The property is situated on a 37-acre site in the heart of Loma Linda and features state-of-the-art building design and amenities, a central lobby connecting the building's four wings, and more 2,000 parking spaces.

SAN DIEGO—Pacific Urban Residential has sold Vue at Lake Murray, a 65-unit multifamily community located at 6867 Golfcrest Drive in San Diego, California, for $18 million. Kidder Mathews' commercial real estate brokers, Jim Neil, Eric Comer and Merrick Matricardi represented Pacific Urban Residential in the transaction. The property has resort-like amenities including a clubhouse, swimming pool, and fitness center. It is near Lake Murray located in Mission Trails Regional Park. The location also provides convenient access to the 52 Freeway, State Route 125, and Interstate 8, and it is 13 miles from downtown San Diego. Built in 1970, Vue at Lake Murray underwent major renovations to the exterior and 49 of the units in 2010 and 2016. Leasing activity at the property indicates value-add opportunity with continued renovations to the remaining 16 units.

Here's a look at the latest news, announcements and deals that you may have missed in Southern California, Nevada, Arizona and Utah.

DEALTRACKER

KeyBank Real Estate Capital has provided a $24.5 million CMBS first mortgage loan for Younique HQ Building, an office property located in Lehi, UT. The 125,000-square foot, single tenant, class-A office building was built in 2016 and is 100% occupied by Younique Products. Fred Dockweiler of Key's Commercial Mortgage Group arranged the loan, which was used to refinance existing debt. The loan is structured with a 10-year term and 25-year amortization schedule.

SANTA MONICA, CA—3223 Wilshire Boulevard has traded hands between Satnam Investments Inc., and Cypress Equity Investments. The property is a 2-story, 11,730 square foot building on approximately .44 acres of commercially zoned land at the intersection of Wilshire Boulevard and Centinela Avenue near the gateway to Santa Monica. Madison Partners' Mitchell Stokes represented both the seller and the buyer in the deal. The purchase price was not disclosed. The property is comprised of two parcels, both of which are zoned Mixed-Use Boulevard, allowing for a wide range of redevelopment opportunities and features ±140 feet of street frontage along Wilshire Boulevard.

TUCSON—Retail owner K-GAM Broadway Wilmot has leased three retail spaces totaling 53,764 square feet to seasonal tenant Spirit Halloween Superstores. Spirit Halloween Superstore, LLC will occupy 21,535 square feet just east of Park Place Mall at the southwest corner of Broadway Boulevard and Wilmot Road in Tucson. CBRE's Nancy McClure represented the landlord in the deal. Another Spirit Halloween Superstore is occupying space at 18,382 square feet in the Saguaro Shopping Center at 5975 E. Broadway Boulevard. CBRE's Nancy McClure represented the landlords of the property, KGAM Saguaro Properties, LLC; Indy-House, LLC and Tiburon, LLC. Spirit Halloween Superstore's third location will occupy 13,845 square feet at 4625 N. Oracle Road, across the street from the Tucson Mall. The landlord, Daniel Beringhause Trust was represented by CBRE's Nancy McClure. Torrey Briegel with Phoenix Commercial Advisors represented the tenant in all three Spirit Halloween Superstores transactions.

SAN DIEGO—Colliers International San Diego Region announces the investment acquisition of a 27,924-square foot, multi-tenant industrial and retail property located in Temecula, CA for $3.2 million. Joe Brady of Colliers International's Urban Property Team represented the San Diego-based buyer, the Anderson Family Trust. John Pfaffl of Jonan Property Services represented the Temecula-based seller, Winchester Group, JV. The single-story property was constructed in 1990 and is located at 41735 Winchester Road. The property was fully occupied at the time of sale with tenants including Redline Athletics, The Springs Community Church and All Star Promotions among others.

DIAMOND BAR, CA—Bridgegate Plaza, an office building located in Diamond Bar, California to has sold to Great Far East. CBRE's John Bibeau and Steven Saunders and Jeff Cole and Ed Hernandez of Cushman & Wakefield represented the seller. Irvine, CA-based GFE represented itself in the transaction with CBRE providing underwriting support. CBRE has also been retained as exclusive listing agent by the new owner. The property, located at 1440 Bridgegate Plaza Drive, is approximately 135,000 square feet in size. The three-story Class-A building, which features a stone lobby and sky-lit atrium, was constructed in 2002 and has immediate access to both the 60 and 57 freeways. The property was 78% leased at the time of the acquisition with major tenants including QTC and Insperity.

BURBANK, CA—Citra Apartment Homes, a partially renovated 34-unit apartment building in Burbank, California, has traded hands. The property sold free and clear of existing debt for $9.7 million, which equates to $286,765 per unit, or $470 per square foot, which is the highest price per square foot on record for an apartment building with more than 10 units in Burbank. Ron Harris, Bryan Schellinger, VP of investments, and Tyler Martin, VP of investments, represented the seller, a discretionary fund manager and procured the buyer, a private investor.

LOMA LINDA, CA—CBRE announced that it has secured $127.5 million in financing for the acquisition of a three-story, 327,641-square-foot, Class A medical office building in Loma Linda, California. Tom Traynor and James Millon of CBRE's Debt & Structured Finance team, along with James Scott and Bernard Van der Lande of CBRE Capital Advisors, secured the loan on behalf of the borrower, Easterly Government Properties. The ten-year, fixed-rate, interest-only loan was provided by Goldman Sachs at 60% LTV. Located at 26001 Redlands Boulevard, the newly developed property has been 100% leased to the Department of Veterans Affairs (VA) for 20 years. The property is situated on a 37-acre site in the heart of Loma Linda and features state-of-the-art building design and amenities, a central lobby connecting the building's four wings, and more 2,000 parking spaces.

SAN DIEGO—Pacific Urban Residential has sold Vue at Lake Murray, a 65-unit multifamily community located at 6867 Golfcrest Drive in San Diego, California, for $18 million. Kidder Mathews' commercial real estate brokers, Jim Neil, Eric Comer and Merrick Matricardi represented Pacific Urban Residential in the transaction. The property has resort-like amenities including a clubhouse, swimming pool, and fitness center. It is near Lake Murray located in Mission Trails Regional Park. The location also provides convenient access to the 52 Freeway, State Route 125, and Interstate 8, and it is 13 miles from downtown San Diego. Built in 1970, Vue at Lake Murray underwent major renovations to the exterior and 49 of the units in 2010 and 2016. Leasing activity at the property indicates value-add opportunity with continued renovations to the remaining 16 units.