Monday, January 26, 2026
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Parkside-Collective-Aurora-CO
AcquisitionsColoradoRetailWestern

JLL Negotiates Sale of 24,985 SF Retail Strip Center in Aurora, Colorado

by Amy Works

AURORA, COLO. — JLL has directed the sale of Parkside Collective, a three-building retail strip center in Aurora. Parkside Aurora LLC sold the asset to a partnership of Spark & Halo, Two Arrows Group and OlivePoint Capital for an undisclosed price. Constructed in 2021, the 24,985-square-foot property was 86 percent leased at the time of sale. Current tenants include Five Guys, Cheba Hut and Einstein Bros. Bagels. The retail center is part of a larger mixed-use development that includes a 216-unit apartment complex. Jason Schmidt and Austin Snedden of JLL represented the seller in the deal.

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8623-Spectrum-Center-Dr-San-Diego-CA
AcquisitionsCaliforniaHealthcareWestern

Voit Brokers $5.3M Sale of Medical Office Building in San Diego

by Amy Works

SAN DIEGO — Voit Real Estate Services has arranged the $5.3 million purchase of a medical office building located at 8623 Spectrum Center Blvd. in the Kearny Mesa submarket of San Diego. San Diego-based Cal Coast Credit Union sold the property to an undisclosed San Diego-based buyer. Situated within San Diego Spectrum, the single-story freestanding building offers 8,000 square feet of Class B medical office space. Tim Cajka and Myles Martinez of Voit Real Estate Services represented the buyer in the deal.

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22438-Golden-Springs-Dr-Diamond-Bar-CA
AcquisitionsCaliforniaRetailWestern

Hanley Investment Group, Oaks Commercial Arrange $4.6M Sale of Retail Pad Site in Diamond Bar, California

by Amy Works

DIAMOND BAR, CALIF. — Hanley Investment Group Real Estate Advisors and Oaks Commercial Real Estate have brokered the sale of a multi-tenant retail pad property located at 22438 Golden Springs Drive in Diamond Bar. A Las Vegas-based private partnership acquired the asset from a Los Angeles-based private non-exchange investor for $4.6 million. Starbucks Coffee, Jimmy John’s and Crumbl Cookies fully occupy the 4,767-square-foot property, which was built in 2016. Bill Asher and Jeff Lefko of Hanley Investment Group, along with Fred Encinas of Oaks Commercial Real Estate in Eastvale, Calif., represented the seller, while Arman Mahmoodi of BeachRock Group at Keller Williams in Beverly Hills, Calif., represented the buyer in the transaction.

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The-Slope
DevelopmentHospitalityMixed-UseRetailTop StoriesUtah

Angstrom Development Group to Develop Mixed-Use Resort Project in Heber Valley, Utah

by Hayden Spiess

HEBER VALLEY, UTAH — Angstrom Development Group has announced plans for The Slope, a new mixed-use resort project in Heber Valley, roughly 50 miles southeast from Salt Lake City International Airport.  Situated along the Provo River, the development will feature an 86-room resort and more than 100,000 square feet of retail space. The Slope will also include 200 hotel-branded residences, which will be available for purchase or for short-term rentals.  Residences at the project will be fully furnished, with rentals operated by the hotel brand’s professional management program. In addition to two- and three-bedroom condos located within the hotel, residential units will include four-bedroom, multistory villas. The villas will feature expansive patios and rooftop decks with hot tubs and saunas.  Waterways, bike paths and pedestrian alleys will connect the development, and the resort will offer access to skiing, mountain biking, hiking trails, golfing and boating.  Austin, Texas-based Angstrom Development Group develops high-end residential, mixed-use and resort projects across premier markets.  — Hayden Spiess

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AcquisitionsLoansMultifamilyNevadaWestern

NewPoint Real Estate Capital Originates $73.4M Freddie Mac Loan for Multifamily Acquisition in North Las Vegas

by Amy Works

NORTH LAS VEGAS, NEV. — NewPoint Real Estate Capital has provided a $73.4 million Freddie Mac loan to finance the purchase of a garden-style multifamily property in North Las Vegas. The five-year, fixed-rate loan includes full-term interest-only payments and a 35-year amortization schedule. John DeWitt of NewPoint originated the loan. The sponsor, a repeat Freddie Mac and NewPoint borrower, purchased the 498-unit asset and plans to implement an extensive improvement plan over the first four years of the loan. Built in two phases in 2007 and 2008, the property offers one-, two- and three-bedroom apartments with in-unit washers/dryers, stainless steel appliances, central air conditioning and private balconies for patios. Community amenities include two swimming pools, a clubhouse and fitness center, playgrounds, a pet area, business center, garage and both covered and open parking.

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Cornelius-Apts-Seattle-WA
AcquisitionsMultifamilyWashingtonWestern

Kidder Mathews Brokers $19M Sale of Cornelius Apartments in Seattle

by Amy Works

SEATTLE — The Simon | Anderson Multifamily Team at Kidder Mathews has arranged the $19 million sale of Cornelius Apartments, located at 306 Blanchard St. in Seattle’s Belltown neighborhood. Dylan Simon, Jerrid Anderson, Matt Laird and JD Fuller of Simon | Anderson Multifamily represented the undisclosed seller in the deal. The name of the buyer was not released. Built in 1925 as a hotel, the nine-story building features 137 apartments, averaging 455 square feet.

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9925-Eastman-Park-Dr-Windsor-CO
AcquisitionsColoradoIndustrialWestern

MAG Capital Partners Buys 305,984 SF Industrial Complex in Windsor, Colorado

by Amy Works

WINDSOR, COLO. — MAG Capital Partners has purchased an industrial complex at 9952 Eastman Park Drive in Windsor in a sale-leaseback with Kodak Moments, a business unit of Kodak Alaris Holdings Limited, for an undisclosed price. Kodak Moments will continue to occupy the 305,984-square-foot property, which has housed its operations since 1970. Mark West and Sam Koziol of JLL represented the seller in the sale-leaseback transaction. Terms of the sale were not released.

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7301-Hardeson-Rd-Everett-WA
IndustrialLoansWashingtonWestern

Gantry Secures $17.1M Refinancing for FedEx-Occupied Warehouse in Everett, Washington

by Amy Works

EVERETT, WASH. — Gantry has secured a $17.1 million permanent loan to refinance a maturing construction-to-permanent loan for a warehouse property located at 7301 Hardeson Road in Everett. FedEx fully occupies the 123,000-square-foot facility as a regional shipping center. FedEx took occupancy of the property, after construction in 2019, on a long-term lease. Tony Kaufmann and Joe Foley of Gantry secured the loan on behalf of the borrower, a private real estate investor. The 10-year, fixed-rate loan was secured from one of Gantry’s correspondent life company lenders with a partial interest-only period followed by 30-year amortization. Gantry will service the loan.

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35974-Winchester-Rd-Winchester-CA
AcquisitionsCaliforniaRetailWestern

SRS Real Estate Partners Negotiates $5.9M Sale of Retail Property in Winchester, California

by Amy Works

WINCHESTER, CALIF. — SRS Real Estate Partners has arranged the sale of a three-tenant retail building within French Valley Marketplace at 35974 Winchester Road in Winchester. A Southern California-based private developer sold the asset to a La Jolla, Calif.-based private investor for $5.9 million. The 7,226-square-foot property is occupied by Panera Bread and Toro Sushi on long-term absolute triple-net leases. The asset also has one available unit. Matthew Mousavi, Patrick Luther and Jack Cornell of SRS Capital Markets represented the seller in the transaction.

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CaliforniaMarket ReportsMultifamilyWesternWestern Market Reports

San Diego Multifamily Market Remains Tight With Steady Gains in 2025

by John Nelson

— By Berkadia — San Diego’s apartment market is poised to strengthen in 2025, with demand poised to set a record and fundamentals outperforming most other major California metros. This is a welcome change from 2024, where a slower leasing environment for Class A properties led to more concessions.  The big story is demand. More than 9,900 net units are expected to be leased this year, surpassing the previous high of 9,500 in 2021. This figure will also outpace what is likely to be a record year for new deliveries, with 7,233 units slated to debut this year across the metro. By year-end, occupancy is projected to climb to 96.3 percent, up 90 basis points from 2024 and above the market’s 10-year pre-pandemic average. That puts San Diego ahead of Los Angeles, San Francisco-Oakland and San Jose on the occupancy leaderboard. Effective rent is expected to rise 3.1 percent year over year to a projected $2,868, marking a solid improvement from last year’s flat performance.   Fundamentals Point to a Solid Year  Employment growth remains a tailwind. The metro added 16,200 new jobs between May 2024 and May 2025, pushing total employment to nearly 1.6 million. That economic momentum is supporting …

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