Western

Wonderful Co. Sells 1.1 MSF Industrial Property in Shafter, California

by Amy Works September 16, 2026

SHAFTER, CALIF. — The Wonderful Co., through its Wonderful Real Estate business, has completed the disposition of 5104 Express Avenue in Shafter to a global technology and e-commerce company for an undisclosed price. Phil Lombardo, Andrew Starnes and Cruise Adams of Cushman & Wakefield represented the seller, while Colin MacMillan of KBC Advisors represented the buyer in the transaction. Situated within Wonderful Logistics Center, the facility features 1.1 million square feet of Class A industrial space and marks the buyer’s third location at the 2,000-acre, master-planned logistics and distribution campus. Developed on a speculative basis, the asset feature a clear height of 40 feet, 216 dock-high doors, two grade-level doors, 455 automobile parking spaces and 939 trailer stalls.

September 16, 2026

Acquisitions California Office Western

Strauss Investments Buys 157,000 SF Commons at Valencia Office Campus in California

by Amy Works September 16, 2026

VALENCIA, CALIF. — Strauss Investments has acquired Commons at Valencia, a two-building office campus in Valencia, from Harbor Associates for $32 million, or approximately $204 per square foot. Sean Sullivan of CBRE led the brokerage team, and Andy Bratt of Gantry arranged financing for the acquisition. Situated on 9 acres at 25124 and 25152 Springfield Court, Commons at Valencia features 157,000 square feet of Class A office space. Wells Fargo, New York Life Insurance Co., Edward Jones, Lennar, Amines, HASA and FivePoint are tenants at the campus, which was built in 2005.

September 16, 2026

Acquisitions Arizona Industrial Western

Oxford Properties, Sagard Real Estate Divest of 113,110 SF Industrial Facility in Chandler, Arizona

by Amy Works September 16, 2026

CHANDLER, ARIZ. — Oxford Properties, in partnership with Sagard Real Estate, has completed the disposition of 800 East Germann Road in Chandler to Cohen Asset Management for an undisclosed price. Will Strong, Jack Stamets, Molly Miller, Michael Matchett and Madeline Warren of Cushman & Wakefield represented the buyer and seller in the deal. Brian Share and Ernesto Sanchez of Cushman & Wakefield led the debt placement, securing a loan through an insurance company lender. Delivered in 2021, the 113,110-square-foot facility features 1.5 acres of secured excess yard space, a fully gated truck court and efficient circulation. Ferguson Enterprises fully leases the property, which is located within Chandler Airpark.

September 16, 2026

248-250-Bendigo-Blvd-S-249-Main-Ave-S-North-Bend-WA.jpg

Acquisitions Restaurant Retail Washington Western

Northmarq Brokers $8.2M Sale of Multi-Tenant Retail Center in North Bend, Washington

by Amy Works September 16, 2026

NORTH BEND, WASH. — Northmarq has arranged the sale of J.O. Borgen Plaza, a multi-tenant retail center in North Bend, approximately 30 miles southeast of Seattle. The asset traded for $8.2 million. Sean Tufts, Kevin Adatto, Joe Dugoni and Jack Hallberg of Northmarq’s Pacific Northwest retail investment sales team represented the undisclosed seller and undisclosed buyer in the deal. Located at 248-250 Bendigo Blvd. South and 249 Main Ave. South, the 28,418-square-foot center is occupied by a freestanding Wells Fargo branch, Jersey Mike’s Subs and The UPS Store. Additionally, the center features a 17,958-square-foot former Bartell Drugs building, which was vacant at the time of sale. The sale was aligned with a commercial national retailer to backfill the Bartell Drugs’ property, with an opening slated for 2027.

September 16, 2026

California Development Multifamily Student Housing Top Stories Western

Harrison Street, Michaels Partner with University of San Diego on $230M Student Housing Development

by Kristin Harlow September 16, 2026

SAN DIEGO — Harrison Street Asset Management and The Michaels Organization have announced a public-private partnership (PPP) agreement with the University of San Diego (USD) for the development of Presidio Terrace Apartments, a $230 million student housing project. Plans call for 700 beds across 321 units. The investment marks the university’s first-ever PPP agreement. “Presidio Terrace is a strong example of how PPPs can help universities address critical infrastructure needs, creating a win-win situation for academic institutions, investors and college communities,” says Jim Hennessy, head of PPP business development at Harrison Street. “Today, we are seeing more PPP activity than ever before, as more universities recognize that these structures allow them to focus on their core academic mission while conserving capital and transferring operational responsibilities to a private partner.” Located on campus between USD’s academic center and a nearby retail corridor, Presidio Terrace will be purpose-built for upperclassmen, graduate and professional students. Slated for completion in August 2029, the development will provide convenient access to USD’s business, nursing, engineering and law schools. The project is structured through a 99-year ground lease with USD and will benefit from a full real estate tax exemption as a university-affiliated facility. Michaels will lead …

September 16, 2026

Acquisitions California Restaurant Retail Western

Stockdale Capital Partners, Hamilton Lane Acquire Shoppes at Chino Hills in California for $157M

by Amy Works September 15, 2026

CHINO HILLS, CALIF. — Stockdale Capital Partners, together with funds managed by Hamilton Lane, has purchased The Shoppes at Chino Hills, an open-air lifestyle center in Chino Hills, for $157 million. The buyer plans to rename the property The Shops at Chino Hills. Stockdale led the acquisition, with Hamilton Lane as a co-investor. Originally developed in 2008, The Shops at Chino Hills features 378,140 square feet of retail, restaurants and experiential space situated on more than 25 acres at 13920 City Center Drive. Trader Joe’s and Barnes & Noble anchor the center, which serves a customer base of more than 300,000 residents within a five-mile radius. Stockdale plans to invest in the community and property with a rebranding, remerchandising and repositioning strategy to be shared at a later time. Jimmy Slusher, Mark Damiani, James Tyrrell and Shaya Northrup of CBRE marketed the asset.

September 15, 2026

Acquisitions Multifamily Oregon Western

Bender Equities Sells Two Multifamily Communities in Oregon to Verdant Development for $83M

by Amy Works September 15, 2026

CORVALLIS AND TALENT, ORE. — Bender Equities has completed the disposition of two apartment assets in Corvallis and Talent to Verdant Development for $83 million. Totaling 438 units, the communities are Oak Vale in Corvallis and Anjou Club in Talent. Anthony Palladino, Philip Assouad, Giovanni Napoli, Ryan Harmon and Nick Ruggiero of Institutional Property Advisors (IPA), a division of Marcus & Millichap, in association with David Tabata as Marcus & Millichap’s broker of record in Oregon, represented the seller and procured the buyer in the deal. Built in 1973 and 1995, Oak Vale offers 257 one-, two- and three-bedroom apartments, averaging 767 square feet, spread across 31 buildings. Community amenities include a lounge, game room, fitness center, movie theater and an outdoor sport court. Oak Vale is situated on 16 acres a short drive from Oregon State University. Built on 1990 on nearly 14 acres near Southern Oregon University, Anjou Club features 181 one-, two- and three-bedroom floor plans across three layout types — flats, townhomes and garden flats, averaging 950 square feet. Onsite amenities include a large clubhouse, heated outdoor swimming pool, tennis court, basketball court, play structure and outdoor seating areas.

September 15, 2026

Industrial Loans Washington Western

Davis Property & Investment Receives $12M Refinancing for Multi-Building Industrial Park in DuPont, Washington

by Amy Works September 15, 2026

DUPONT, WASH. — David Property & Investment has received $12 million in refinancing for Center Plaza, a multi-building industrial park in DuPont. Mike Wood and Tim Brown of Gantry secured the financing through Securian Financial for the borrower. Center Plaza features a mix of industrial/flex facilities in a campus environment with a tenant roster of a diverse range of industries.

September 15, 2026

Acquisitions California Retail Western

Coldwell Banker Commercial Arranges Sale of 24,014 SF Retail Building in Palm Springs

by Amy Works September 15, 2026

PALM SPRINGS, CALIF. — Coldwell Banker Commercial Lyle & Associates has facilitated the sale of Liebling Building, a retail property located at 100 N. Palm Canyon Drive in Palm Springs. The asset traded for $14 million. Steve Lyle and Rob Wenthold of Coldwell Banker Commercial Lyle & Associates represented the undisclosed buyer and the undisclosed seller in the deal. Located at the northeast corner of North Palm Canyon Drive and Tahquitz Canyon Way, Liebling Building features 24,014 square feet of multi-tenant retail space. Surrounding retailers include Faherty, Tommy Bahama, West Elm, The Plaza Theatre, The Rowan and Hyatt Palm Springs.

September 15, 2026

Acquisitions California Industrial Loans Western

BridgeInvest Provides $87.9M Acquisition Loan for Industrial Facility in San Francisco

by Amy Works September 14, 2026

SAN FRANCISCO — BridgeInvest, an investment manager specializing in senior-secured real estate credit, originated an $87.9 million first priority acquisition loan and lease-up of 300 Kansas Street, a six-story Class A research and development property in San Francisco’s Mission bay submarket. Constructed in 2023, the 152,000-square-foot property will continue to be leased and stabilized by the sponsors, Lincoln Property Co. and Sabal Investment Holdings.The loan was originated through BridgeInvest Credit Fund V LP, the firm’s evergreen discretionary fund focusing on first-lien loans across a diversified set of real estate asset types.

September 14, 2026

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