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.
SANTA BARBARA, CA-Santa Barbara Public Market retail component fully-leased, and will be ready for September opening. Project includes 37 homes, with fall move-in scheduled.
CARLSBAD, CA-Focus purchased from an International tile company, and will lease-back for two years, with an option to replace tenant. Colliers and CBRE represented Focus, and seller respectively.
AUSTIN, TX-CBRE has negotiated the sale of the Continental Building, 9101 Burnet Road and the Briarcroft Building at 12710 Research Boulevard, on behalf of international real estate investment and services company, Kennedy Wilson. OakPoint of Nashville, TN, purchased the portfolio for an undisclosed price. Continental Building is a 58,700-square-foot class B office property in the North Central Austin submarket. Tenants benefit from the property's proximity to the Kramer Capital MetroRail Station. Additionally, the building sits within…
WALNUT CREEK, CA-The Macerich Company plans to invest in project that will add 300,000 square feet to Broadway Plaza Shopping Center. The project will take about two years.
PHOENIX-Medical office building is the second major U.S. property acquisition for Canadian private investment firm. The five-story class A property comprises nearly 82,000 square feet.
MORENO VALLEY, CA-Voit Real Estate Services team worked with Minka Lighting to find a new property in the same community. Minka will occupy the full 354,810 square feet.