Data to Deals

06/30/2022

08/17/2021

Newmark Private Capital Group’s sale earlier this year of Newport Harbor Medical Plaza set new high watermarks on both cap rate and price-per-square-foot of a stabilized medical office building in the western region.
The Newmark team launched the asset into the market in early December 2020 and took initial bids in January 2021. The marketing campaign resulted in an ultra-competitive bidding environment from a wide buyer pool that consisted of private capital funds, high-net-worth individuals, medical-focused REIT’s, core institutional funds, foreign capital, family offices, and 1031 exchange buyers.
Bidding Process:
2,700 individual views on website
1,400 unique visitors to website
17 bids
Sale Highlights:
Closing Price: $41,000,000
Price PSF: $1,367
Call for Cap Rate

03/22/2021

Rory Penn of and of discuss why we should be concerned with private wealth in the middle of a pandemic, where they are seeing the highest growth of ultra-high net worth individuals and the top trends in the real estate market.
Rory explains how he started in the real estate business in real estate private equity and how he merged his company with Knight Frank to provide a valuable resource to ultra-high net worth individuals.
🍿Catch us on our next Data to Deals LIVE, and we look forward to seeing you!
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01/29/2021

Rexford Co-CEO, Howard Schwimmer explains how Rexford maintains such a strong culture at work.

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01/26/2021

Thank you, Casey!

01/25/2021

NEW TO MARKET • 1205 Colorado • $42,435,000
1205 Colorado is a 23,432 SF creative office in Santa Monica, CA.
The Property is 100% leased to one of the largest technology companies in the world through June 2029 with 3% annual increases and two, five-year options to extend.
Investment Summary
Address: 1205 Colorado Ave • Santa Monica, CA
Rentable Area: 23,432 SF
Occupancy: 100%
Tenant: Fortune 5 Company
Built/Renovated: 1969/2018

01/24/2021

When you live your passion, every day is a box of excitement. Check out our team at https://newmarkpcg.com/about-us/

01/23/2021

Americans relocate more than citizens of almost every other country and according to research by FCP, a private real estate investment company, the average American mover is suburban-leaning, young, and makes a moderate income.

Over the past several decades, and especially now, Americans are moving from the North and the coasts to city's in the sunbelt.

FCP went a step further and used anonymized cell phone data and found these are most popular metros where people migrated between March 2020 to June 2020:
1. Tampa, FL
2. Phoenix, AZ
3. Miami, FL

Source: and NREI Market Outlook

01/22/2021

Barry Gosin, CEO of , describes the deal for which he received an award from the Real Estate Board of New York for the Most Ingenious Deal after only working in the commercial real estate industry for two years.
📲Catch the entire video on - https://www.instagram.com/tv/CJ9cYYnjCo6/

01/21/2021

5100 S. Eastern Ave is a 46,980 SF 100% leased, office building in Commerce in the heart of Los Angeles, CA.
➡️ 100% leased 3-tenant office building
➡️ 69% occupied by the Roland Corporation
➡️ US Headquarters of the Roland Corporation
➡️ 6.83% Cap on Year 1 Income
The city of Commerce offers abundant free parking, central regional location, and competitive occupancy costs making Commerce a desirable alternative to the downtown Los Angeles and Orange County office markets.
Investment Summary
Address: 5100 S. Eastern Ave • Commerce, CA
Rentable Area: 46,980
Occupancy: 100%
Built/Renovated: 1988/2019
Parking Ratio: 4.00/1,000 SF

01/21/2021

Los Angeles office sublease activity reach 8.1 million SF, an all-time high
Significantly increased demand for studio space and office to support post-production video work due to skyrocketing numbers of video streaming viewers
Workers will slowly return to offices as 2021 progresses as the vaccine is dispersed throughout California
📄Source: Newmark Research

01/20/2021

JUST CLOSED • 18060 Euclid Street • $8,500,000

18060 Euclid Street is a 38,500 SF retail building in Fountain Valley, CA.

The Property was delivered vacant to the new owner who intends to occupy the building.

Summary:
Address: 18060 Euclid Street • Fountain Valley, CA
Sale Price: $8,500,000
Area: 38,500 SF