NAPA, CALIF. – Cinemark Holdings has opened a new 12-screen, all-digital movie theater in Napa. The new Cinemark NextGen cinema design concept is located at 195 Gasser Drive behind the South Napa Marketplace. It includes aCinemark XD:Extreme Digital Cinemaauditorium, as well as a new CineVino Wine Bar, which features local wines from Napa Valley and Sonoma County.
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GLENDALE, ARIZ. – Cactus Crossings, a 91,563-square-foot neighborhood retail center in Glendale, has sold to WVP Cactus, LLC for $7.8 million. It is located at the northeast corner of 67th Avenue and Cactus Road. The center is 92 percent occupied. Notable tenants include Anytime Fitness, Edward Jones, Ultra Cleaners and Century 21 Realty. It is anchored by Big Lots. The seller, EC Cactus Crossings, LLC, was represented by Ryan Schubert and Michael Hackett of Cassidy Turley Arizona’s Retail Capital Markets Group.
TUCSON, ARIZ. – The former Pella Corporation building in Tucson has sold to BH Pella Drive, LLC for $5.2 million. The buyer is an affiliate of BH Properties. The 260,000-square-foot manufacturing and warehouse facility, also known as the Aero Business Park, is located at 6700 South Pella Drive. BH Properties was represented by Steve Cohen and Russell Hall of Picor Commercial Real Estate Services. The seller, Pella Corporation, was represented by Chuck Pawlak of Binswanger.
LIVERMORE, CALIF. – Tech Park at North Canyons, a two-building, 145,220-square-foot office/R&D property in Livermore, has sold to an unnamed buyer for an undisclosed sum. The Class A property is located at 455 and 477 North Canyons Parkway. It is 65 percent occupied. Notable tenants include Nissan, Kraft and Caltrans. The seller, Prime Finance Partners, is represented by HFF’s Steven Golubchik and Mark Damiani.
NAPA, CALIF. – Cinemark Holdings has opened a new 12-screen, all-digital movie theater in Napa. The new Cinemark NextGen cinema design concept is located at 195 Gasser Drive behind the South Napa Marketplace. It includes a Cinemark XD: Extreme Digital Cinema auditorium, as well as a new CineVino Wine Bar, which features local wines from Napa Valley and Sonoma County.
DESERT HOT SPRINGS, CALIF. – The Caliente Springs RV & Self Storage in Desert Hot Springs has sold to an unnamed buyer for $3.1 million. The 139,033-square-foot property is located at 15305 Little Morongo Road. Both the buyer and the unnamed seller were represented by Stephen Grossmanof NAI Capital’s Orange County office in cooperation with C-III Realty Services, LLC.
TUSTIN, CALIF. – An 18,120-square-foot office building in Tustin has sold to Americana Project One, LLC, for $2.44 million. The vacant building is located at 111 Fashion Lane. Chuck Wilson and Blake Garrett of Colliers International represented both the buyer and the seller, Chu Family Trust, in this transaction.
LAS VEGAS – A 6,232-square-foot building in Las Vegas that is occupied by Tire Workshas sold to an unnamed buyer for $2.1 million. It is located at 8532 Blue Diamond Road. Tire Works has 11 years remaining on its lease with three, five-year options to renew. Ray Germain and Tina D. Taylor of Marcus & Millichap’s Las Vegas office represented the seller, a limited liability company, in this transaction.
DESERT HOT SPRINGS, CALIF. – The Caliente Springs RV & Self Storage in Desert Hot Springs has sold to an unnamed buyer for $3.1 million. The 139,033-square-foot property is located at 15305 Little Morongo Road. Both the buyer and the unnamed seller were represented by Stephen Grossman of NAI Capital’s Orange County office in cooperation with C-III Realty Services, LLC.
TUSTIN, CALIF. – An 18,120-square-foot office building in Tustin has sold to Americana Project One, LLC, for $2.44 million. The vacant building is located at 111 Fashion Lane. Chuck Wilson and Blake Garrett of Colliers International represented both the buyer and the seller, Chu Family Trust, in this transaction.