SAN DIEGO — Freedom Station, a 12-unit housing facility and recovery support center for injured warriors, has sold to Freedom Station USA, a non-profit organization. The purchase price was not disclosed. The facility is located near Naval Medical Center San Diego, one of the country’s largest military hospitals. Freedom Station USA had initially leased and opened the center in May 2010. HFF’s local offices donated their commercial real estate services to assist the non-profit with its purchase. The firm’s Bryan Clark provided commercial mortgage financing and consulting services to Freedom Station USA.
Western
CHANDLER, ARIZ. – The Chandler Midway Corporate Center, a 139,803-square-foot office campus, has sold to ViaWest Group for $10.1 million. The center is located at 5710 W. Chandler, which is 70 percent occupied, and 5670 W. Chandler, which is vacant. The center resides in the City of Chandler. The campus includes the two Class A office buildings, as well as five office condominium buildings. The company plans to sell off the condo units. ViaWest was represented by Scott Baumgarten, Mark Stratz, and Tyler Wilson of Cassidy Turley. The seller, McMahon Development Group, was represented by CBRE’s Kevin Cosca and Pete Wentis.
SAN FRANCISCO — Firespotter Labs has signed a five-year lease for 12,600 square feet at the OpenTV building in San Fransisco. The building is located at 275 Sacramento. Firespotter was represented by CBRE’s Conor Famulener and Jeff Birnbaum.
SCOTTSDALE, ARIZ. – The 24-unit Los Porticos apartments in Scottsdale has sold to 2778 Loker, LLC for $1.7 million. The community is located at 1221 North 85th Place. The buyer was represented by Marc Huisken of Cassidy Turley BRE Commercial in Phoenix. The seller, a private real estate partnership, was represented by Brian Tranetzki and Rich Butler of Marcus & Millichap’s Phoenix office.
CHANDLER, ARIZ. – The Chandler Midway Corporate Center, a 139,803-square-foot office campus, has sold to ViaWest Group for $10.1 million. The center is located at 5710 W. Chandler, which is 70 percent occupied, and 5670 W. Chandler, which is vacant. The center resides in the City of Chandler. The campus includes the two Class A office buildings, as well as five office condominium buildings. The company plans to sell off the condo units. ViaWest was represented by Scott Baumgarten, Mark Stratz, and Tyler Wilson of Cassidy Turley. The seller, McMahon Development Group, was represented by CBRE’s Kevin Cosca and Pete Wentis.
SAN FRANCISCO — Firespotter Labs has signed a five-year lease for 12,600 square feet at the OpenTV building in San Fransisco. The building is located at 275 Sacramento. Firespotter was represented by CBRE’s Conor Famulener and Jeff Birnbaum.
SCOTTSDALE, ARIZ. – The 24-unit Los Porticos apartments in Scottsdale has sold to 2778 Loker, LLC for $1.7 million. The community is located at 1221 North 85th Place. The buyer was represented by Marc Huisken of Cassidy Turley BRE Commercial in Phoenix. The seller, a private real estate partnership, was represented by Brian Tranetzki and Rich Butler of Marcus & Millichap’s Phoenix office.
PHOENIX – The 548-unit La Palma apartments in Phoenix has sold to Weidner Investment Services for $30.1 million. The community is located on West Bell Road. It is 90 percent occupied. The seller, LAP LLC, was represented by John Cunningham and Charles Steele of Jones Lang LaSalle’sCapital Markets. They were assisted by Darcy Miramontes, Diane Miramontes and Kip Malo of the firm’s San Diego office.
CORTE MADERA, CALIF. – The Preserve at Marinin Corte Madera has begun a $32.6-million renovation. The renovation will add 126 luxury apartment homes to the project, and will upgrade its seven buildings. The project is set to be completed in the third quarter of 2014. The Preserve at Marin, formerly known as Madera Vista, was recently purchased byApartment Investment and Management Company (Aimco).
LOS ANGELES – A 38,667-square-foot office building that is fully occupied by Aptium Oncology, a subsidiary of AstraZeneca, has sold to Beverly Quest LLC for $14.3 million. The trophy-class building is located at 8201 Beverly Blvd. in Los Angeles. Beverly Quest was represented by Steven Rayan of South Park Group. The seller, Aptium Oncology, was represented by Martin McDermott of Avison Young’s West Los Angeles office.