OCEANSIDE, CALIF. — John Nguyen and Jonathan Mitchell of Marcus & Millichap’s Newport Beach, Calif., office, represented both parties in the disposition and acquisition of Country Club Apartments, an apartment community located at 201 Country Club Lane in Oceanside. The 91-unit property sold for $10.2 million or $112,088 per unit. The 76,638-square-foot community consists of one two-story building offering a mix of one-, two- and three-bedroom units. The property also features a courtyard, a laundry room and tuck-under parking. The buyer and seller were not disclosed.
CHINO, CALIF. — Meadow Square, a 250-unit apartment complex, has opened in Chino. Located at 7750 Desert Holly Street within master-planned The Preserve at Chino, the complex features 106 affordable housing units with rents ranging from $563 to $1,998. The property also offers one-, two- and three-bedroom floorplans ranging in size from 728 to 1,109 square feet. Each unit includes a full-size washer and dryer, complete kitchen appliance packages, double stainless steel sinks, oversized closets and hardwood-style flooring in the kitchens and entries. Western National Property Management, the property management arm of Western National Group, will manage the property.
CHANDLER, ARIZ. — Montana-based Highland Properties 2308 LLC has purchased an office/retail property, which is located at 8 S. San Marcos Pl. in historic downtown Chandler, for $4.03 million. Constructed in 1954, the 12,776-square-foot property is fully occupied with San Tan Brewery as the major tenant. Brian Ackerman and Karsten Peterson of Cushman & Wakefield of Arizona Inc. represented the seller, Chandler-based Desert Viking Properties LLC, in the transaction; Steve Julius, Eric Wolfe and Jesse Goldsmith of Marcus & Millichap’s Phoenix office represented the buyer.
PHOENIX — Tin Cup Properties LLC has acquired a 25,129-square-foot general industrial complex, which is located at 5213 W. Lamar Rd. in Phoenix, for $1.65 million. At the time of acquisition, the property, which was built in 1982, was 100 percent leased. Paul Boyle and Rick Danis of Grubb & Ellis|BRE Commercial represented the buyer and the seller, 5213 West Lamar Road Industrial Complex LLC, in the transaction.
SAN FRANCISCO — New York-based Broadway Partners has unveiled plans to redevelop 188 Spear Street in San Francisco. The company plans to add four floors atop the existing nine-floor office building. The 105,000-square-foot addition will feature 9-foot finished ceilings, door-to-ceiling windows and views of the Ferry Building and San Francisco Bay. The redevelopment project also includes the renovation of the lobby and major upgrades to convert the existing structure into a larger, highly effective, Class A office building. The new portion is designed by Brereton Architects. Upon completion, the building will feature 13 floors and approximately 253,000 square feet of space. The property was formerly known as 120 Howard.
LAS VEGAS — SR Construction has completed the construction of the LV-5 Test Cell project for Varian Medical Systems in Las Vegas. Located at 6811 Spencer St., the 85,754-square-foot project consists of four concrete test cell vaults, a production area and administrative offices. Hoover Associates provided architectural services for the $12 million project.
LONE TREE, COLO. — Spring Valley—Campo Road LLC has acquired 9078 Westview Road in Lone Tree. The 13,825-square-foot retail center sold for $6.9 million or $499 per square foot. Current tenants include Casual Male, Kitchen Gallery, AT&T Wireless and Doctors Vision Works. Transmark Company brokered the transaction. The seller was not disclosed.
LOS ANGELES — Stephen Grossman of Lee & Associates-Newport Beach Inc. has brokered the sale of 210 Self Storage, a 720-unit, 60,000-square-foot rentable self-storage facility in Los Angeles. Extra Space Storage Inc. purchased the property from Morelli Brothers Enterprises LLC for $7.5 million. The building was originally an industrial warehouse and was converted to a self-storage facility by the seller.
PASADENA, CALIF. — McCarthy Building Companies Inc. has completed its fourth major project for Huntington Memorial Hospital. Designed by Pasadena-based HDR Inc., the $170 million West Tower is the final phase of the hospital’s master-planned development. The six-story, 237,734-square-foot tower offers 128 private patient care rooms, including 32 acute care beds; a pharmacy; a cafeteria; and an expanded clinical laboratory. Additionally, McCarthy completed structural upgrades on the existing lobby, patient bridge and pedestrian tunnel in compliance with Senate Bill 1953, which requires seismic upgrades for all acute care facilities.
FLAGSTAFF, ARIZ. — Wespac Construction Inc. recently completed the construction of The New Frontiers Natural Marketplace, a 25,000-square-foot retail facility in Flagstaff. The new store anchors Aspen Place at the Sawmill, a 38-acre mixed-use development located on the former Stone Forest Sawmill site. The organic grocery store features a myriad of conventional and not-so conventional sustainable building components, including natural daylighting, solar panels and recycled denim insulation. The Aspen Group is developing the project; Davis Architects is providing architectural services. Current retailers include Chico’s, Wildflower Bread Company, Pita Jungle and Coldwater Creek.