Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
Coldwell Banker Commercial (CBC) is pleased to announce its new Advisory Board members for 2022 to 2024. The Coldwell Banker Commercial Advisory Board comprises a select group of CBC affiliate owners nationwide and was created to provide a forum for exchanging ideas.
Coldwell Banker Commercial represented both the buyer and the seller in the sale of Mulberry Terrace Apartments, a multifamily property located in Whittier, Calif. The property sold for $17.75 million. The two-story, 64-unit complex, located at 14829 Mulberry Dr., was built in 1986.
Coldwell Banker Commercial is pleased to have represented the buyer, TDB Land Holdings, Ltd., in the acquisition of 683 acres of vacant land located in the vicinity of the City of Laredo, Texas. The sale price was undisclosed. The buyer plans to develop an industrial park on the site called World Industrial Park.
CBC represented the buyer in acquiring The Flamingo Garden, a multifamily property at 3711 Cogswell Rd. in El Monte, Calif. as part of a 1031 exchange. The property sold for $12.4 million. Situated in the San Gabriel Valley and east of Los Angeles, the three-story, 58-unit complex was built in 1987.
Coldwell Banker Commercial is pleased to announce the lease execution of 38,908 square feet of industrial space located at 7253 Grayson Rd, Suite 309, in Harrisburg, Penn.
Coldwell Banker Commercial is pleased to have represented the buyer in the acquisition of Kiddie Academy®, located at 188 Woods Dr. in Mechanicsburg, Penn. The transaction value was $3.7 million.
Coldwell Banker Commercial Sunstar Realty, Member of the Schmidt Family of Companies, represented both the buyer and the seller in the sale of a fully insulated metal industrial building in Port Charlotte, Fla. The property was sold for $3.5 million.
Coldwell Banker Commercial is pleased to have represented the seller in the disposition of an outpatient cosmetic surgical/medical office building located at 330 Frontage Rd. in Northfield, Ill. The property sold for $2 million.
Coldwell Banker Commercial has announced the sale of 4260 Capital Circle, located in Janesville, Wis., in a transaction valued at $12.15 million. The industrial property, totaling 150,000 square feet, was built in 2016 and is situated on approximately 13.04 acres.
Coldwell Banker Commercial represented the buyer and seller in selling a 25-unit multifamily building at 1015 Pierce St. in the San Francisco Alamo Square neighborhood. The transaction was valued at $9.88 million. The acquiring entity purchased the apartment complex to add to its portfolio of holdings.