Thursday, April 9, 2026
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CaliforniaIndustrialWestern

Chai LP Buys Industrial Building in San Francisco for $14.2M

by Nellie Day

SAN FRANCISCO — Chai LP has purchased a 34,400-square-foot industrial building in San Francisco for $14.2 million. The building is located at 2650 18th St. in the city’s Mission District. Weston Wear previously occupied the space, though Zesty just signed a new lease. Zesty is a catering company that delivers, sets up and serves restaurant-made meals to businesses throughout San Francisco. Weston Wear has relocated to 389 Oyster Point where it now occupies approximately 12,000 square feet. Jason James of TRI Commercial/CORFAC International represented Weston Wear, Zesty and the building’s seller in all transactions.

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ArizonaMultifamilySeniors HousingWestern

Avanti to Develop Three $15M Seniors Housing Communities in Arizona

by Nellie Day

PEORIA, GOODYEAR and MESA, ARIZ. — Avanti Senior Living is developing three matching assisted living and memory care communities in Peoria, Goodyear and Mesa, all in the Phoenix metro area. Each 77,000-square-foot community will cost $15 million and house up to 150 seniors. Based in Texas, Avanti Senior Living owns, develops and operates luxury seniors housing communities. The company was launched in 2013 and has nine communities either completed or under development in Texas, Louisiana and Arizona.

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CaliforniaRetailWestern

Harridge Development Acquires Wilshire Galleria in LA’s Koreatown

by Nellie Day

LOS ANGELES — Harridge Development Group has acquired Wilshire Galleria, a 138,000-square-foot retail building located at 3240 Wilshire Blvd. in Los Angeles’ Koreatown district. NEWKOA LLC sold the property for an undisclosed price. Situated on 2.1 acres, the five-story former I-Magnin & Co. building is located on the southeast corner of Wilshire Boulevard and New Hampshire Avenue. Johnny Choi of CBRE, along with Curtis Palmer and Anthony Muhlstein of ARA Newmark, represented the buyer in the transaction.

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CaliforniaRetailWestern

Marcus & Millichap Arranges $10.9M Sale of Retail Property in Fullerton

by Nellie Day

FULLERTON, CALIF. — Marcus & Millichap has brokered the sale of a retail property located at 101 N. Harbor Blvd. in Fullerton for $10.9 million, or $858 per square foot. Bolü Bakery & Café, Salon Technique and Fuoco Pizzeria Napoletana occupy the 12,765-square-foot, absolute-net leased property. It was built in 1956 and refurbished with an extensive rebuild and retrofit in 2010. Paul Bitoni of Marcus & Millichap’s Newport Beach, Calif., office represented the seller, a local developer, in the transaction. The name of the buyer was not released.

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Thor-Foundation-Pour-kirby-collection
Mixed-UseMultifamilyOfficeRetailTexas

Thor Equities Completes Residential Mat Foundation Pour At Kirby Collection

by Haisten Willis

HOUSTON — Thor Equities has completed the residential mat foundation pour at Kirby Collection, a new mixed-use development at 3200 Kirby Drive in Houston. The foundation is seven feet thick and consists of 6,000 cubic yards of concrete with 500 tons of rebar. The continuous pour took eight hours to complete and involved 150 dedicated trucks, six pump trucks and more than 200 workers. The team involved in the mat pour included general contractor E.E. Reed Construction, Keystone Structural Concrete, Campbell Concrete & Materials, ECS Texas, HiTech Electric, Schnabel Foundation Company and developer Thor Equities. Located in the Upper Kirby District near Houston’s River Oaks neighborhood, the 1 million-square-foot project will feature a 25-story, 385,000-square-foot residential tower with 199 apartments including seven two-story townhomes, and seven two-story loft spaces with private yards. The residences will overlook a deck with more than an acre of landscaped amenities including a pool with cabanas, fire pits and a bar area. The penthouse level will feature a Skyview Suite available to all residents, offering a chef’s kitchen and views of the Houston skyline. Kirby Collection’s 13-story, 210,000-square-foot Class A office building is located near the Galleria/Uptown District, Greenway Plaza and the Texas Medical Center. …

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157-159-Wythe-Ave-NYC
LoansMultifamilyNew YorkNortheast

Ready Capital Closes $8.4M Bridge Loan for Two Multifamily Buildings in Brooklyn

by Amy Works

NEW YORK CITY — Ready Capital Structured Finance has closed an $8.4 million bridge loan for the acquisition, renovation and stabilization of two vacant multifamily buildings located at 157-159 Wythe Ave. in Brooklyn’s Williamsburg neighborhood. The borrower was Brooklyn Standard Properties. Totaling 8,500 square feet, the three-story buildings feature ground-floor retail space. The assets will undergo a gut renovation, including an extension of the ground floor for commercial use and the addition of one story for residential use. The loan features advances up to 75 percent loan-to-cost, a two-year term with two extension options, along with a funding facility to provide for all future capital expenses and tenant improvement and leasing commissions. Jim Saros of Marcus & Millichap’s Brooklyn office represented the seller, an estate, in the sales transaction.

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Saddle-River-Executive-Center-NJ
New JerseyNortheastOffice

MedAssets Inc. Leases 105,959 SF Office Building at Saddle River Executive Center in New Jersey

by Amy Works

SADDLE RIVER, N.J. — Alpharetta, Ga.-based MedAssets Inc. has signed a 105,959-square-foot full-building lease at Saddle River Executive Center. The Class A office space is located at 1 Route 17 in Saddle River. William McCaffery, Marc Krieger and Steven Getzeiler of Avison Young represented the landlord, Madison Core Property Fund, while John Flack and James Scancarella of Cresa represented the tenant in the transaction.

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IndustrialNortheastOfficeVermont

Nedde Real Estate Acquires 62,000 SF Office/Warehouse Facility in Vermont

by Amy Works

COLCHESTER, VT. — Doug Nedde of Nedde Real Estate, along with Tracy Cresta, has acquired a 62,000-square-foot office and warehouse facility located at 784 Hercules Drive in Colchester. The vacant building, which was the former Reinhart Food Service building, sold for an undisclosed price. Planned Parenthood of Northern New England has leased the office portion of the property, leaving 47,000 square feet of warehouse space available for lease. The name of the seller was not released.

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46-Jonspin-Road-Wilmington-MA
IndustrialMassachusettsNortheastOffice

Integrated Builders Completes 29,000 SF Tenant Build-Out in Wilmington, Mass.

by Amy Works

WILMINGTON, MASS. — Integrated Builders has completed a 29,000-square-foot office and manufacturing build-out for Limbach Company LLC at 46 Jonspin Road in Wilmington. The project included the installation of new flooring, lighting and electrical fixtures, a state-of-the-art HVAC system, partitions and updated fire alarms. The updated facility provides specialized manufacturing space for the mechanical contracting firm. Spagnolo Gisness & Associates Inc. served as architect, while WB Engineers+Consultants provided engineering services for the project.

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20-Research-Pkwy-Old-Saybrook-CT
ConnecticutNortheastOffice

The Geenty Group Brokers 2,299 SF Flex Space Lease in Connecticut

by Amy Works

OLD SAYBROOK, CONN. — The Geenty Group has brokered the lease of 2,299 square feet of space at a multi-tenant flex building located at 20 Research Parkway in Old Saybrook. Iterum Therapeutics US Limited, a biotech start-up firm, will occupy the space within the 20,000-square-foot property. Kevin Geenty of The Geenty Group arranged the transaction. The landlord is Mill Meadow Development LLC.

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