Anca Gagiuc
Anca Gagiuc brings more than a decade of experience within the real estate industry. She is a senior associate editor with Commercial Property Executive and Multi-Housing News who also writes monthly multifamily reports at Yardi Matrix. Contact Anca at anca.gagiuc@cpe-mhn.com
Del Mar Retail Center is Latest Local Buy for Donahue Schriber
In addition, Donahue Schriber, a private REIT, recently closed escrow on Bonita Centre in Chula Vista, a 98,854-square-foot center anchored by Vons and Rite Aid outlets.Bonita Center, which traded for an undisclosed amount, will likely undergo renovations that will preserve its original architecture. Elsewhere on the West Coast, Donahue Schriber acquired Four Corners Shopping Center in Washington.
Premier Park City Ranch Slated for Sept. 14 Auction
By Alex Girda, Associate Editor A premier 214-acre Park City residential property is set for a Sept. 14 date with the auctioneer. Located near Park City along a half-mile stretch of the Weber River, RiverBend Ranch was originally priced at $29 million, according to Concierge Auctions. The property features fenced pastures, trails and hillside ranges, […]
American Assets Set to Snap Up City Center Bellevue in Deal Worth $229M
By Alex Girda, Associate Editor City Center Bellevue is the object of the latest large office property purchase in the greater Seattle area, after American Assets Trust Inc. made a grab for the high-rise building. The full-service, vertically integrated and self-administered real estate investment trust is reportedly set to acquire the downtown property for a […]
Kilroy Acquires Yet Another Value-Add Office Property
By Alex Girda, Associate Editor Kilroy Realty Corporation recently expanded its Los Angeles office portfolio with the acquisition of a 22-story office building centrally located in Hollywood. The property stands at 6255 Sunset Boulevard, just off the well-known corner of … Continue reading →
Canadian Investor Develops Brazilian Shopping Center; Expands Existing Local Asset
Ivanhoe Capital has invested in another Brazilian shopping center, developing in the higest-rated suburban area of Sao Paolo, in addition to expanding another shopping center currently underway.
Third Tower Ready to Rise at Marriott Timeshare Complex
By Alex Girda, Associate Editor Construction is set to begin on the third tower in Marriott’s Grand Chateau timeshare complex near the Las Vegas Strip. The Marriott Vacation Club, an affiliate of Marriott Vacations Worldwide, will operate the tower after its completion. Scheduled for completion in 2014, the tower will rise 37 stories and add […]
GF Properties Gets $25M Loan for SpringHill Suites Project
GF Properties Group L.L.C. has obtained a $25.1 million loan for construction of the Marriott SpringHill Suites development in Oceanside, Calif. A team from Holiday Fenoglio Fowler L.P. consisting of managing directors Aldon Cole, Matt Kafka, and associate director Zack Holderman arranged the financing.
Kilroy Continues Washington State Spending Spree with Bellevue’s Skyline Tower
By Alex Girda, Associate Editor Kilroy Realty Corp. is carrying on with its massive Northwestern assault in terms of spending. The well-known real estate investment trust recently announced the acquisition of a downtown Bellevue office tower known as Skyline Tower. The Los Angeles-based firm paid a reported $186.9 million to Skyline owner Beacon Capital Partners, […]
$100 Million Residential Development Slated for Little Tokyo
By Alex Girda, Associate Editor With the acquisition of a 1.74-acre lot in L.A.’s Little Tokyo, Irvine-based developer Sares-Regis is moving ahead with its new residential development. The company intends to build a 240-unit premium multifamily community on the site as soon as possible in order to capitalize on downtown L.A.’s housing needs. Bill Montgomery, […]
Russian Residential Developer Opens Sales on Latest Residential Complex
Moscow-based residential development firm PIK Group recently launched sales for a new centrally located project.