Highline's 550 W. 29th St. development will consist of 19 luxury residential condominium units, along with 5,022 square feet of at grade premium retail/gallery space.
Rexford makes a quick grab at an value-add industrial deal for $133 per square foot, one of the highest prices paid for an industrial property in the Conejo Valley market.
The San Diego office market has seen great recovery since the last recession, and redevelopment activity in the class-B market is responsible for much of the gain.
There are still technical and legal challenges that must be addressed, but this transaction makes clear that blockchain is headed for commercial real estate.