GLENDALE, CALIF. — Glendale-based Gate Holdings Inc. has purchased Fifth Street Apartments in Glendale for $1.75 million. The 14-unit property is located at 1401 5th St. The seller was Glendale-based James Slayback Sr. Family Trust. Kevin Hurley of Hendricks & Partners’ Pasadena, Calif., office represented the seller in the transaction.
Western
SAN LUIS OBISPO, CALIF. — Steiner Trusts has completed the disposition of University Square Shopping Center in San Luis Obispo. Located at 171 N. Santa Rosa St. and 948-972 Foothill Blvd., the asset totals 27,500 square feet. The buyer group, which is lead by local architect and developer Rob Rossi, acquired the property for $7.15 million. The center is currently tenanted by Hurley’s Health-Plus, Bank of America, Special Olympics, Quest Diagnostics and SLO Kickboxing.
MCCARRAN, NEV. — Sacramento, Calif.-based Panattoni Construction Inc. has started the tenant improvement and warehouse upgrade project for ITS Logistics. Located at 2777 USA Parkway, Suite 103, in McCarran, the 100,000-square-foot build-out is owned by PCCP Reno Industrial LLC. The project includes 2,000 square feet of tenant improvements consisting of framing, finishes, mechanical, electrical and plumbing. Additionally, the warehouse has been upgraded to store food grade products. Modifications include rodent brushes at he dock levelers and shatterproof light guards on existing T5 lighting. Larry J. Macias Ltd. provided design services for the project, which is slated for completion in March.
HAYWARD, CALIF. — ProTransport-1 LLC has acquired an 8,882-square-foot building, which is located at 31909 Hayman St. in Hayward, for $998,500 or $112 per square foot. The buyer, a provider of medical transportation and ambulance transport, plans to use the facility for ambulatory use. The seller was Whipple LLC. Richard Fenske of NAI BT Commercial and William Snell of Touchstone Properties represented the buyer in the transaction.
CHINO HILLS, CALIF. — San Clemente, Calif.-based Zion Enterprises is developing Country Club Medical Plaza, a Class A medical office building located in Chino Hills. Located at 15994 Los Serranos Country Club Dr., the two-story, 30,000-square-foot facility will be divisible to 1,000-square-foot condo units for sale or lease. The property is slated for completed in third quarter. John Bosko, Bob Bush and Robert Brandt of NAI Capital’s Newport Beach, Calif., office are marketing the property.
MENLO PARK, CALIF. — Jim Chesler of NAI BT Commercial San Francisco represented Campbell Menlo LLC in the acquisition of a 54,000-square-foot industrial/R&D property, which is located at 4085 Campbell Ave. in Menlo Park. At the time of acquisition, the property was 40 percent leased by Fitness 101. The seller, Joe Chritchfield, Clarence Ferrari Jr., et. al., sold the property for $8.6 million or $159 per square foot.
LAS VEGAS — Danoski Clutts Building Group, serving as general contractor, has completed the Jesus is Lord Church, which is located on Marion Road in Las Vegas. The 9,000-square-foot project features a sanctuary, three multi-purpose rooms, administrative offices, a kitchen and a bookstore. The project was designed by DPS.
VANCOUVER, WASH. — Northern Aral LLC has purchased 13,220 square feet of commercial retail space at 7219 NE Highway 99 in Vancouver. David and Teresa Newton sold the property for approximately $1.4 million. Naz Parsiana of Bluestone & Hockley Real Estate Services represented the buyer; Patti Shmilenko of Windermere Cronin & Caplan Realty Group Inc. represented the seller in the transaction.
SAN DIEGO — Bilbro Construction Company Inc. has begun construction on a new Cardiac Catheterization Laboratory for UCSD Medical Center, which is located at 200 W. Arbor Dr. in the Hillcrest area of San Diego. The project, which is under OSHPD jurisdiction, involves renovations and new infrastructure to support the university’s Siemens AXIOM ARTIS single-plane cardiac imaging system. Additionally, construction is being performed under level IV infection control requirements. The project includes demolition of existing structures and new improvement, including structural upgrades to support the Siemens imaging equipment, radiation protection consisting of lead-lined walls, floors and ceilings and new casework. The fire protection, HVAC, electrical and fire alarm systems are also being upgraded to meet current codes.
SCOTTSDALE, ARIZ. — Coynes Construction and La Jolla, Calif.-based 6906 Chestnut LLC have acquired the retail portion of the 4020 Building, which is located at 4020 Scottsdale Rd. in downtown Scottsdale. The 7,090-square-foot space is located below a 21-unit loft building. The retail portion sold for $4 million or approximately $575 per square foot. The property is fully occupied by Bank of America, Ice Tango and Daily Dose Café. Carlos Lopez of Hanley Investment Urban Real Advisors represented the buyer and the seller, Santa Ana, Calif.-based 1st Avenue Scottsdale LLC, in the transaction.