2020 Deal Volume Nears $300M
|
|
Bring us your industrial deals!
We have long-term confidence in the continued demand for industrial real estate. Though patient and discerning, we continue to deploy capital and can be creative in deal structuring. We are actively buying and have closed or are under contract on eight acquisitions in the last 90 days.
Have an industrial deal for consideration? Contact us today and
learn more about our
acquisition criteria
.
|
|
Oakland Industrial Property Acquired for $40.5 Million
We recently acquired a 155K-SF, Class A industrial warehouse located at 8380 Pardee Drive in Oakland, California for $40.5 million. Constructed in 2012, the fully leased distribution facility features 8,000 square feet of cold storage, 30ft clear height, ESFR fire suppression and an excellent location adjacent to the Oakland airport.
Kudos to
Tom Damaschino
of
Cushman & Wakefield
and
Richard Sutherland
of
The Sutherland Company
for helping to make this transaction successful.
[Find out more]
|
|
Class-A Industrial Development Underway in Avondale, AZ
We’ve engaged The Opus Group to help us develop a 720K-SF three-building industrial project on 51 acres of land in Avondale, Arizona - a submarket of Phoenix. Groundbreaking for the Class A project is scheduled for October, with completion expected in summer 2021. It will include two single-loaded buildings of 162K and 170K SF, as well as one 390K-SF cross-dock building.
Thanks to these brokers for their help bringing together this dynamic development duo:
Bo Mills, Marc Hertzberg, Riley Gilbert
and
Tony Lydon
of
JLL.
Hertzberg, Gilbert and Lydon will market the development for lease.
[Find out more]
|
|
Bay Area Portfolio Expands With Industrial Property in San Jose
We recently acquired a 40K-SF industrial warehouse, located at 660 North King Road in San Jose, California, for $9.2 million. The property is located adjacent to a similar 87K-SF industrial warehouse we acquired earlier this year at 1800 Dobbin Drive. We plan to make improvements to the North King Road property next year.
Thanks to
Jeffrey Ida
and
Cole Ferrari
of
Marcus & Millichap
for their assistance with the transaction.
[Find out more]
|
|
Fully Leased Industrial Property Acquired In Phoenix
We’ve acquired a 164,486-SF, Class A industrial warehouse on 16.5 acres of land in Chandler, AZ for $38 million. The warehouse is fully leased to a leading global e-commerce company.
We were attracted to this last-mile warehouse opportunity due to the property’s infill location. This immediate pocket of Chandler has in excess of a million residents within a three-mile radius.
Jeff Chiate, Will Strong
and
Mike Adey
of
Cushman & Wakefield
represented
Greenlaw
in the transaction, with support from
Steve Larsen
of
JLL
[Find out more]
|
|
Getting It Done On Danlee
We’ve leased 100% of our 186,958 SF site on Danlee Street in Azusa, CA to HHS Construction. Thanks,
Scott Heaton and Riley Heaton of Colliers International!
|
|
Welcome The King of Beers!
We are excited to welcome Anhesuer-Busch to our portfolio. The company is leasing the entirety of our 155K-SF, Class A industrial warehouse on Pardee Drive in Oakland.
|
|
Lease Ready On South Lilac
We’ve recently created 71 trailer parking spaces at our property on 360 S. Lilac, in Rialto, CA. The 126K-SF building is available for lease.
Photo:
Chase MacLeod, Stream Realty Partners
|
|
Welcome New Team Members!
|
|
|
|
Tyler Green Joins As Senior Analyst
Tyler Green has joined team Westcore as Senior Analyst. A graduate from Vanderbilt University, where he majored in Economics and minored in Corporate Strategy, Tyler brings experience from companies such as Ready Capital and Cushman & Wakefield. In his spare time he enjoys working out, reading Wikipedia pages and discovering new music. As a Caribbean-American, he has a natural love for the beach, warm weather and good vibes! He’s also an avid sports fan.
|
|
Welcome Heidi Kuhn
Heidi joins the Westcore team as Property Administrator. After growing up in Orange County, she moved to San Diego to attend SDSU, where she met her husband and decided to call San Diego home. She enjoys reading, walking, watching Netflix, cooking and spending time with family. She also has two cats, Buddy and Ditto. Heidi is happy about how friendly and welcoming everyone at Westcore has been.
|
|
|
|
|
|
|
|
|
|
|
