Tuesday, October 27, 2026
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Apollo-Los-Angeles-CA
CaliforniaDevelopmentMultifamilyWestern

Cityview, Stockbridge Start Construction of 265-Unit Apollo Multifamily Project in Los Angeles

by Amy Works

LOS ANGELES — Cityview and Stockbridge have started construction on Apollo, an apartment development in Los Angeles’ South Bay neighborhood. Slated for completion in 2025, the transit-oriented community will feature 265 apartments in a mix of studio, one- and two-bedroom floor plans. Residences will feature stainless steel appliances, quartz countertops, vinyl plank flooring, smart thermostats, keyless entry, smart home systems, and fiber optic internet and Wi-Fi. Located at 12888 Crenshaw Blvd., the community amenities will include a swimming pool and spa deck with loungers and daybeds; a CV Works coworking center; podcast room; 3D printer; indoor fitness center; outdoor strength and stretching area; indoor-outdoor community room; and open-air courtyards with an entertainment lounge, pool table, Korean barbecue grills, fire pits, lounge seating, gathering tables and a variety of dining areas. Additionally, the property will feature ample secure bike lockers and storage, a transit kiosk, and walk and bike path access. City National Bank and Banc of California provided construction financing. The project team includes WPIC Construction, AC Martin, Nadia Geller Designs and MJS Landscape Architecture.

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3200-35th-Ave-NE-Everett-WA
AcquisitionsIndustrialWashingtonWestern

Coldwell Banker Negotiates $14.7M Acquisition of Industrial Park in Everett, Washington

by Amy Works

EVERETT, WASH. — Coldwell Banker Commercial Danforth has arranged the purchase of an industrial park in Everett. Mina Properties VIII acquired the asset from BFS Operations LLC for $14.7 million. Situated on 31.6 acres at 3200 35th Ave. NE, the asset features four buildings offering a total of 94,000 square feet of industrial space. The industrial park offers access to Interstate 5 and SR 529. Mina Properties VIII intends to maintain the property as a multi-tenant investment. Michael Fear of Coldwell Banker Commercial Danforth handled the transaction on behalf of the buyer.

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758-N-Clarkson-St-Denver-CO
AcquisitionsColoradoMultifamilyWestern

NorthPeak Commercial Brokers $5M Sale of Apartment Building in Denver

by Amy Works

DENVER — NorthPeak Commercial Advisors has arranged the sale of an apartment building located at 758 N. Clarkson St. in Denver. The property traded for $5 million, or $294,117 per unit. The 9,329-square-foot asset features 17 newly renovated residential units. Greg Johnson and Conner Piretti of NorthPeak represented the undisclosed seller in the deal. The name of the buyer was not released.

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Interactive-Learning-Pavilion-UC-Santa-Barbara-CA
CaliforniaCivicDevelopmentWestern

C.W. Driver Cos. Completes 95,000 SF Interactive Learning Pavilion at UC Santa Barbara

by Amy Works

SANTA BARBARA, CALIF. — C.W. Driver Cos. has completed the construction of the Interactive Learning Pavilion, a four-story learning facility at UC Santa Barbara. The company collaborated with LMN Architects on the $70 million project in Santa Barbara. The 95,000-square-foot structures offers 2,000 seats of classroom space, including five lecture halls, three classroom spaces for project-based learning and 20 flexible discussion rooms. Each of the 32 classrooms and lecture halls is designed to seat between 30 and 350 students. Additionally, the project features 1,700 bicycle parking spaces. The pavilion’s two buildings are connected via an open-air corridor. The project received LEED Gold Certification.

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Craig-Road-Logistics-Center-North-Las-Vegas-NV
DevelopmentIndustrialNevadaWestern

Rockefeller Group to Redevelop Former Walmart Site in North Las Vegas into Craig Road Logistics Center

by Amy Works

NORTH LAS VEGAS, NEV. — Rockefeller Group has acquired a former Walmart Supercenter site for the development of Craig Road Logistics Center, an industrial project at the intersection of Craig Road and North Nellis Boulevard in North Las Vegas. Terms of the transaction were not released. Situated on 19 acres, Craig Road Logistics Center will feature two speculative building offering a total of 369,198 square feet of industrial space. The 227,660-square-foot building will feature 36-foot clear heights, 176 auto parking stalls and 29 dock doors. The 141,538-square-foot facility will offer 32-foot clear heights, 219 auto parking stalls and 18 dock doors. Additionally, both buildings will offer a variety of state-of-the-art features to ensure the project is a Class A facility. Lee & Sakahara Architects will design the project, TWC Construction will serve as general contractor and Taney Engineering will serve as civil engineer. Rockefeller Group represented itself in the land purchase. Jason Simon and Rob Lujan of JLL’s Las Vegas office will be listing brokers for the project.

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DevelopmentIndustrialNevadaWestern

Alston Construction Breaks Ground on $18M Simmons Airpark Industrial Project in Las Vegas

by Amy Works

LAS VEGAS — Alston Construction, as general contractor, has started construction of Simmons Airpark, located at 2880 Simmons St. in Las Vegas. Situated on 9 acres, Simmons Airpark will feature a 182,184-square-foot warehouse with 36-foot clear heights, concrete tilt walls and a panelized roof structure. The project team includes Panattoni Development as owner and developer, Lee & Sakahara Architects as architect and Taney Engineering as civil engineer. The $18 million project is slated for completion in June 2024.

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300-E-Arrow-Hwy-San-Dimas-CA
AcquisitionsCaliforniaIndustrialWestern

CapRock Partners Buys 165,070 SF Industrial Facility in San Dimas, California

by Amy Works

SAN DIMAS, CALIF. — CapRock Partners has completed the acquisition of 300 E. Arrow Highway, a single-tenant industrial building in San Dimas. The company purchased the property from an undisclosed investor in an all-cash transaction. Barbara Perrier, Darla Longo and Rebecca Perlmutter of CBRE facilitated the deal. Built in 1972 and expanded in 1989, the 165,070-square-foot building features 15 dock-high doors, one ground-level door, a 130-foot secured truck court and multiple points of ingress/egress. Additionally, the property offers ample parking, 4,000A/480V power and approximately 21,000 square feet of two-story office space. Western Pacific Storage Solutions, a leader in engineering and manufacturing of industrial storage solutions, shelving systems and material handling, has fully occupied the facility for its manufacturing operations since 2001.

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600-W-Donlon-St-Blythe-CA
AcquisitionsCaliforniaHospitalityWestern

Marcus & Millichap Brokers Sale of 65-Room Quality Inn Hotel in Blythe, California

by Amy Works

BLYTHE, CALIF. — Marcus & Millichap has arranged the sale of a Quality Inn hotel located at 600 W. Donlon St. in Blythe. Terms of the transaction were not released. The recently renovated property features 65 guest rooms. Andy Patel and Gordon Allred of Marcus & Millichap’s Palm Springs and Inland Empire offices, respectively, represented the seller, a limited liability company, and procured the buyer, a limited liability company.

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1870-W-64th-Ln-Denver-CO.jpg
AcquisitionsColoradoIndustrialWestern

Comunale Properties Purchases Industrial Building in Denver

by Amy Works

DENVER — Comunale Properties has purchased an industrial facility, located at 1870 W. 64th Lane in Denver, from Manhattan Fund XXI LLC for an undisclosed price. The acquisition is part of Comunale’s Private Capital Core long-duration income strategy, which has industrial holdings across six states. The industrial property is fully leased to three tenants. The building features 20-foot clear heights, modern features and tilt-up construction. Brandon Kramer of Marcus & Millichap represented the seller in the deal.

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Union-Place-Placentia-CA
AcquisitionsCaliforniaMultifamilyWestern

Gelt Venture Partners Buys Union Place Apartments in Placentia, California for $63.1M

by Amy Works

PLACENTIA, CALIF. — Gelt Venture Partners (GVP) has acquired Union Place, a multifamily property located at 1500 Cherry St. in the Orange County city of Placentia, for $63.1 million. Mike Murphy and Rachel Parsons of Berkadia represented the buyer and undisclosed seller in the deal. Built in 2012, the three-story building offers 125 two- and three-bedroom apartments averaging 1,238 square feet. Apartments, which are in original condition, feature granite countertops, stainless steel appliances, wood-style flooring, laundry rooms with washers/dryers, nine-foot ceilings, walk-in closets, private balconies or patios, and garages for each unit, as well as ample surface parking. Community amenities include a pool, fitness center, barbecue areas, a playground and controlled entry access. GVP plans to add kitchen islands, new custom cabinetry, vinyl plank flooring, tile backsplashes, quartz countertops, undermount sinks, modernized hardware and recessed lighting. Planned common-area improvements include painting and enhancements to the pool and fitness center, among other cosmetic renovations.

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