LAS VEGAS — Cheyenne Technology Center, a 172,328-square-foot industrial business park in North Las Vegas, has sold to Voit Real Estate Services for $11.9 million. The property, formerly known as the North Port Business Center, contains six office/flex/industrial buildings. It was 52 percent leased at the time of sale. Voit plans to invest $700,000 in upgrades to the property. Financing for the acquisition was provided by Wells Fargo Bank. Garrett Toft, Eric Larkin and Zac Zaher of Voit’s Las Vegas office will be the exclusive leasing agents for the property.
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NORTH HOLLYWOOD, CALIF. — Two North Hollywood apartment buildings have sold to MKJS Enterprises. The apartment buildings were part of an eight-property, 256-unit portfolio. They include the 26-unit Valley Laurel located at 7733-7739 Laurel Canyon Blvd. and the 24-unit Ellen Laurie located at 7725 Laurel Canyon Blvd. They sold for $2,550,000 and $2,397,000, respectively. Both transactions were executed by Chris Malcolm and David J. Harrington on behalf of both the buyer and seller, Ellen Laurie Limited / Valley Laurel, LTD.
SAN DIEGO — A 26,676-square-foot, single-tenant office buildingin San Diego has sold to NBTK Holdings LP for $6,012,325. It is located at 1843 Hotel Circle South. The building is fully leased by TASC, a defense contractor. Chuck Wasker and Mark McEwen of Colliers International represented both the buyer and the seller, Marcopoulos Venture Fund III. Mike Paeske of CFI and Jeff Ryan of Ryan Real Estate Advisory assisted in this transaction.
SAN DIEGO — Layfield Environmental Systems Corporation has signed a seven-year lease for 67,344 square feet of industrial space in the East County submarket of Spring Valley. It is located at 2500 Sweetwater Springs Blvd. Layfield will be expanding and relocating from El Cajon. This was the largest industrial lease signed in East County in the past five years, according to Cassidy Turley San Diego, which represented Layfield. Kerry Schimpf and Cameron Czubernat led the Cassidy Turley team. The landlord, Rancho San Diego Industrial Center LLC, was represented by CBRE’s Ron Bement.
ANTHEM, ARIZ. — Anthem Community Council has purchased a 36,499-square-foot, Class A office building in Anthem for $2.3 million. The building is located at 3701 W. Anthem Way. Anthem was represented by Eric Wichterman, Blake Hastings, Mike Coover, Jeff Wentworth and Sean Spellman with Cassidy Turley BRE Commercial. The seller, GE Commercial Finance Business Property, was represented by Scott Nelson and Troy Nelson of Voit Real Estate Services.
HAWTHORNE, CALIF. – A 24-unit apartment building in Hawthorne has sold to an unnamed buyer for $1,975,000. The community is located at 13407 Cordary Ave. It was built in 1966. The seller, an individual/personal trust, was represented by Jonathan Nikfarjam of Marcus & Millichap’s West Los Angeles office.
WEST HOLLYWOOD, CALIF. – A seven-unit apartment community in West Hollywood has sold to Waterproofing Experts for $1.2 million. It is located at 1010 N. Spaulding Ave. The property was built in the 1950s and has been completely renovated. It is fully occupied. Waterproofing Experts was represented by Shlomo Shabtaywith NAI Capital’s Encino office. The sellers, Julius Jansco & Susan Jansco, were represented by J. Richard Leyner, Michael Sharonand John Aquino, also with NAI Capital’s Encino office.
FORT COLLINS, COLO. — Four buildings inside Poudre Valley Plaza in Fort Collins have sold to Poudre Valley Plaza LLC for $6,851,443. The sellers, Poudre Valley Holdings, Ltd. and Alroy Capital CO, LLC, were represented by Jared Goodman of Cassidy Turley Fuller Real Estate.
UNION CITY, CALIF. – A 60,000-square-foot warehouse facility in Union City has sold to Coastal Tropical for $5 million. The facility is located at 2975 Volpey Way. The seller, Golden Apple, plans to relocate to a 38,800-square-foot warehouse one block away. Coastal Tropical was represented by CBRE’s Bob Ferraro and David Black. Golden Apple was represented by Jesse Lucas and Craig Hagglund of Lee & Associates’ Oakland office.
OAKLAND, CALIF. – A 42-unit apartment building located at 350 Newton Ave. in Oakland has sold to a private investor for $4.9 million. The community was originally built in 1960 and contains 30,012 square feet of space. David Wolfe of Marcus & Millichap’s Oakland office represented both the buyer and the seller, another private investor, in this transaction.