
The western edge of Baker remains a largely industrial area, but recent deals indicate that will change as residential projects are built.
The western edge of Baker remains a largely industrial area, but recent deals indicate that will change as residential projects are built.
Matt Magrann purchased the 2641 Walnut St. property from Diablo Media, a marketing agency that paid $1.6 million for it in 2014.
The 1150 Bannock St. lot lies between sites where Urban Villages is planning to build 30-story towers with condos, apartments and hotel rooms.
The seller purchased the four-building Gateway Centre campus in 2019 for $45.6 million.
The property and plans for the 15-story, 626-unit complex at 2601 N. Alcott St. were sold four months ago for $32 million.
A judge ruled the defendants failed to exercise “reasonable diligence in investigating” complaints of methamphetamine fumes by tenants who suffered injuries.
The property at 2260 California St. was the subject of an August lawsuit over homeless encampments on the site that has been dismissed.
The Ridge at Dove Valley, which will have two spec buildings each more than 100,000 square feet, is expected to be completed in May.
Kairoi Residential was originally under contract in 2018 to buy the triangular site at Speer and Market owned by Buzz Geller’s Paradise Land Co.
PNC Bank will take the 28th floor, but Denver-based Optiv will still occupy the 29th and 30th floors at 1144 15th St.
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