RENO, NEV. — Banyan Tree Properties LLC has acquired 3,636 square feet of office space at 6350 Mae Anne Ave, Unit 2 and 3, in Reno. The properties were acquired from Quail North West Phase II LLC for an undisclosed price. Summit Pediatrics is currently occupying the space. Scot Shanks, Dominic Brunetti and Matt Grimes of NAI Alliance represented the buyer in the transaction.
ESCONDIDO, CALIF. — Conrad Prebys Trust has acquired Park Terrace Apartments in Escondido for $12.4 million. Located at 151 Gayland St., the 117-unit property features 40 one-bedroom/one-bath units, 44 two-bedroom/one-bath units, 32 two-bedroom/two-bath units and one four-bedroom/two-bath unit. Additionally, the community offers two laundry facilities, a pool and spa, and carport parking. The seller was Nordiego Capital Ltd. Kevin Mulhern, Dixie Hall and Rachel Hemingway of CB Richard Ellis represented both parties in the transaction.
SAN DIEGO — Mapali Inc. has purchased Loma Vista Center, which is located at 4676-4696 Market St. in San Diego, for $4.8 million. The 25,635-square-foot retail property is located on the corner of Market Street and 47th Street. Manuel Lopez of Casa Bonita Realty represented the buyer; Joe Yetter, the Clark/Yetter/Jinings team, Chad Iafrate and the Schiff/Lyons/Iafrate team, all at Grubb & Ellis|BRE Commercial, represented the seller, Harol Market Properties Inc., in the transaction.
BREA, CALIF. — Brea, Calif.-based Albany Synergistics has acquired a 32,559-square-foot industrial building for $4.5 million. The property is located at 615 and 655 Berry St in Brea. Mike Hefner of Voit Commercial Brokerage’s Anaheim, Calif., office represented the buyer; Louis Tomaselli, also of Voit’s Anaheim office, represented the seller, North Anaheim Associates, in the transaction.
KENT, WASH. — KeyBank Real Estate Capital has closed a $7.3 million Fannie Mae loan for The Wilson Apartments in Kent. The borrower was Schneider Homes. Built in 1992, the property features 82 apartment units.
ONTARIO, CALIF. — Sacramento, Calif.-based ProLogis has leased approximately 400,000 square feet of distribution space to Consumer Products Company, a footwear designer, manufacturer and retailer. The space is located at ProLogis Park Ontario Airport, a newly constructed 681,000-square-foot facility located in Ontario.
LAS VEGAS — SR Construction has completed the construction of Stoney’s North Forty Nightclub at Santa Fe Station Casino in Las Vegas. The project included the demolition of an existing structure and the development of an approximately 10,000-square-foot bar and nightclub space. Station Casinos is the developer of the project. Friedmutter Group provided architectural services.
PHOENIX — Phoenix-based Forever Neutraceutical LLC has purchased a 69,120-square-foot industrial building, which is located in Maricopa Freeway Center at 4114 E. Wood St. in Phoenix. The property sold for $2.8 million. The seller was Los Angeles-based 228-32 West 42nd Street Realty Corp. Ron Walker of Scottsdale, Ariz.-based Walker Commercial Realty Inc. represented the buyer; Kevin Cosca, Pete Wentis and Pat Collins of CB Richard Ellis represented the seller in the transaction.
SAN DIEGO — Treviso LP has completed the disposition of a two-story, 34,000-square-foot industrial building, which is located at 4153-4183 Market St. in San Diego. Center For Employment Training, a private, 501(c)(3) non-profit organization, purchased the property for $3.35 million. The buyer plans to use the property for its training programs and administrative functions. Tim Mills and Travis Ahern of Cushman & Wakefield represented both parties in the transaction.
ARTESIA, CALIF. — David Yeh and Jonathan Mitchell of Marcus & Millichap represented the undisclosed buyer and seller in the acquisition and disposition of East Park Apartments. The 29-unit apartment property sold for $3.8 million. The property is located at 11562 186th St. in Artesia.