JLL Capital Markets announced today that it has arranged acquisition financing for a 78,699-square-foot industrial building at 131 W. 33rd St. in the San Diego-area community of National City, California.

Rexford Industrial Realty sold the industrial building at 131 W. 33rd St. in National City, California, for $13.5 million, or about $172 per square foot, to Unilev Capital Corp.

Unilev Capital recently closed on the $13.5 mil purchase of a 78.7k sf ($172/sf), multi-tenant industrial property in National City as part of a 1031 exchange. Located at 131 W. 33rd St, the property was originally built in 1969 and was renovated in 2002.

CBRE’s Investment Properties-So Cal/Phoenix/Las Vegas team is pleased to announce the sale of 131 W. 33rd Street in National City, California, at a price of $172 PSF or $13.5 million. The 78,699 square-foot property was 96 percent leased at the time of sale. It is one half-mile from the connection between I-5 and SR 54, and adjacent to the 535-acre Chula Vista Bayfront Development, the largest waterfront development on the West Coast.

CapRidge Partners has acquired a three-property, 544,291-square-foot office portfolio in Houston from a joint venture led by Unilev Capital. HFF facilitated the deal and also arranged a four-year, floating-rate acquisition loan for the buyer. New York Life Insurance Co. provided the $91.3 million financing set to mature in April 2023, according to public records.

A partnership led by real estate investor Unilev Capital Corp. sold a three-property office portfolio, covering 544,291 square feet, located west of Houston's Galleria area, to CapRidge Partners LLC for an undisclosed sum.

Three office buildings near the Houston Country Club are under new ownership, according to a press release from real estate firm HFF. 

HFF's Houston office marketed the portfolio for the seller, a partnership led by California-based Unilev Capital Corp., per the release. An investment advisory team including HFF Senior Managing Director H. Dan Miller, Senior Director Martin Hogan and Analyst Johnny Kight represented the seller.

HFF announces that it has closed the sale of a three-property office portfolio totaling 544,291 square feet in an urban infill location adjacent to some of Houston’s most prestigious residential neighborhoods, including Tanglewood and Memorial Villages.

HFF marketed the property on behalf of the seller, a partnership led by Unilev Capital Corporation, and procured the buyer, CapRidge Partners, LLC. Additionally, HFF worked on behalf of the buyer to secure the four-year, floating-rate acquisition/bridge financing through New York Life Real Estate Investors on behalf of New York Life Insurance Company.

Jordache jeans founders the Nakash family, real estate investor Eli Gindi and home-curtains manufacturer Elyahu Cohen have teamed up, property records indicate, to buy a roughly 97,500-square-foot section of Showcase. The $139.5 million sale by Unilev Capital Corp. closed last Friday.

JLL Capital Markets announced today that it has arranged acquisition financing for a 78,699-square-foot industrial building at 131 W. 33rd St. in the San Diego-area community of National City, California.

HFF announced today that it has closed the $176 million sale of and arranged $130 million in financing for three Class A office buildings totaling 1,065,628 square feet that are part of the Houston Galleria. HFF marketed the property on behalf of the seller, an affiliated entity of Walton Street Capital, L.L.C., and procured the buyer, Unilev Capital Corporation.