Newport Beach investor hits $71M jackpot on land sale to Microsoft

by TRD Staff

A Newport Beach-based investor hit the jackpot on the data center trend, fetching $71 million from Microsoft for 300 open acres it carved off an industrial development in Nevada. Mark IV Capital, a commercial real estate-focused private equity firm, sold off the chunk of its Victory Logistics District in Fernley, about 40 miles east of […]This article originally appeared on The Real Deal. Click here to read the full story.

Categories

Recent Posts

Building on the Past for a Future Westwood
Building on the Past for a Future Westwood
Now She's Mad About Montecito
Now She's Mad About Montecito
Mansion Where Cultists Died Is Sold at Bargain Price
Mansion Where Cultists Died Is Sold at Bargain Price
Frederick E. Emmons; Retired L.A. Architect
Frederick E. Emmons; Retired L.A. Architect
Knock Against Hollow Door Has Merit
Knock Against Hollow Door Has Merit
Rocking and Renovating
Rocking and Renovating
Manifest Dustiny
Manifest Dustiny
L.A.'s Hilltop Oasis
L.A.'s Hilltop Oasis
'Xena' Star Relocates to Studio City
'Xena' Star Relocates to Studio City
Rogers' House a Chatsworth Landmark
Rogers' House a Chatsworth Landmark

GET MORE INFORMATION

agent

Brad Hansen

Agent | License ID: 02107751

+1(714) 697-3315

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Brad Hansen, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.