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David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
SAN DIEGO—Project featuring 99 apartments expected to be completed in early 2018.
DENVER—CBRE Denver brokered sale of the Stanford Place I a 273,963 square building. Cushman & Wakefield Denver will manage leasing.
RENO, NV—Kidder Matthews says the deal indicates strong demand in Reno for 3PLs (third-party logistics providers).
MEDFORD, OR— Citivest enters the Oregon market with Medford acquisition.
LAS VEGAS—Trade of class A Lyric Apartments represents improved market and increased interest in long-term investments, seller says.
COSTA MESA, CA—Harbor Townhouse Apartments brought $258,000 per unit from a San Francisco Buyer. Triqor group marketed the asset.
IRVINE, CA—Jamboree, a developer of affordable housing, has hired former municipal economic development executive Scott Riordan.
IRVINE, CA—Fifteen-year industry veteran will become a shareholder, and serve as SVP of the Irvine office.
IRVINE, CA—1.4 million overall vacant US residential properties up 2.7% from Q1.
RIVERSIDE, CA—Region is now 5th largest metropolitan area in the state in terms of economic output.