X
Transaction Total:
$5.9 billion
Winners:
Kevin Shannon and Team Shannon
Company:
Newmark
Award Highlights:
  • Team covers 16 markets
  • Team has sold more than $55.8 billion since 2010
  • Regarded as most active institutional investment sales group on West Coast

With 10 seasoned brokerage professionals, Newmark’s Team Shannon is reportedly the most active institutional investment sales group on the West Coast. Covering 16 markets and having sold more than $55.8 billion since 2010, the Kevin Shannon-led team has mastered the art of finding the lowest cost of capital for their clients, without sacrificing the certainty of execution.

Notable deals include:

1918 8th St., Seattle–Seller: JP Morgan; Buyer: Hudson Pacific Capital; Price: $625,000,000.

Alexandria Life Science, Seattle–Seller: Alexandria Real Estate Equities; Buyer: Clarion Partners; Price $450,000,000.

The Grand II at Papago Park Center (DoorDash), Tempe, AZ –Seller: Goldman Sachs; Buyer: Apex Capital Partners; Price: $187,500,000.

915 Wilshire Blvd, Los Angeles–Seller: Lincoln/Rockwood; Buyer: Deka; Price: $196,000,000.

Miller/Coors Brewery, Irwindale, CA –Seller: Molson Coors Beverage Company; Buyer: Pabst Brewing Company; Price: $150,000,000.

Boeing Long Beach Phase II, Long Beach, CA –Seller: Boeing; Buyer: SRG Properties; Price: $146,000,000.

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Inside The Story
About the Author

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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