THIS JUST IN
Our Arizona Portfolio Grows By 408,668 SF with $93.5 Million Phoenix Industrial Campus Acquisition
|
|
Westcore has acquired Central Logistics, a four-building, 24.9-acre, 408,668 SF industrial campus in Arizona's Central Phoenix market leased to multiple tenants.
Newly constructed buildings, recent renovations, and building upgrades have positioned the property for continued success and we have further rehabilitation improvements planned for one of the buildings. We are excited to build upon the good work the seller started to fully stabilize the project.
|
|
Thank you to the following brokers for their assistance with this transaction:
Will Strong - Cushman & Wakefield
Greer Oliver - JLL
And thank you to the Marketing Team:
John Werstler - CBRE
Cooper Fratt - CBRE
Tanner Ferrandi - CBRE
Connie Nelson - CBRE
|
|
|
GEORGIA
Second Atlanta Acquisition in Top-performing Submarket
The Braselton Crossroads property spans 460,000 SF over three Class-A buildings. The asset offers flexible suite sizes for tenants, spacious dock doors, and is conveniently located near one of Atlanta’s premier distribution thoroughfares.
This transaction supports our mission to further expand into Atlanta, as Braselton sits in the area’s largest and top-performing submarket.
|
|
|
|
|
TEXAS
Our Texas Portfolio Crosses Five Million SF
Taking advantage of an emerging industrial pocket in one of the fastest-growing residential nodes in the broader Dallas Fort Worth region, we have acquired the Denton Point I & II properties in Denton, Texas.
The 242,210 SF space consists of two recently constructed buildings that are 100% leased to three quality tenants.
Thank you to Jonathan Bryan, Randy Baird, and Taylor Hare of CBRE for representing the seller in this transaction. Learn more...
|
|
CALIFORNIA
San Leandro Industrial Asset Sold for $21.9M
We sold this industrial building at 2300 Polvorosa Avenue in San Leandro, CA, for $21.9M, and it is situated in the heart of the area's industrial market.
The asset is close to the I-880 freeway, the Oakland International Airport, and the port of Oakland.
The transaction was led by Westcore’s managing Director Peter Mette. Westcore was represented by Tom Damaschino and Sam Higgins, SIOR of KBC Advisors, and Eddie Shuai of JLL represented the buyer. Learn more...
|
|
|
|
|
CALIFORNIA
365K SF Lease at Central Valley Logistics Completed
|
We recently completed a 365K SF lease at Central Valley Logistics Center, located in Patterson, California. The facility is located near both the Port of Stockton and the Port of Oakland.
With a variety of large corporate neighbors, it is able to take advantage of the city’s growing population and lower utility costs.
|
|
400 Pounds of Food Collected to Combat Food Insecurity |
|
We're proud to have partnered with the San Diego Food Bank, the largest hunger-relief organization in San Diego County, for our annual food drive. Our team came together and was able to bring in 401 pounds of donated food which allowed the food bank to provide 334 meals to those in need! #AtOurCore
|
|
Congratulations to our
Director of Acquisitions!
|
We're sending a big shoutout to Andrew Pascale for his newly expanded role as Director of Acquisitions!
Operating out of our Oakland office, Andrew will be partnering closely with Westcore Managing Director Peter Mette.
His role includes supporting sourcing of and executing investment of opportunities in the Georgia and Florida markets.
|
|
|
Welcome New Westcore Team Members! |
|
Zoe Goodman
Property Management Administrative Assistant
|
|
George Hays
Senior Property
Accountant
|
|
Emilia Callahan
Transaction
Manager
|
|
|
|
|
|
|
|
|
|
