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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.