Ariela Moraru
NKF Adds LA Managing Director
Alex Bergeson specializes in landlord agency office leasing, tenant representation and investment sales. He joins from CBRE, where he managed a 1.5-million-square-foot office portfolio.
CBRE Secures 1031 Exchange Buyer for LA MOB
The 18,984 square-foot property changed hands for $5.4 million and is fully leased on a long-term basis to Avanti Hospitals.
RSC Architects Redesigns NJ Medical Unit
The firm has completed phase one of a multi-phase renovation plan at Englewood Hospital and Medical Center in Bergen County. Improvements included converting existing rooms into private patient rooms, and adding new waiting areas and care stations.
NoCal Medical Park Trades in 1031 Exchange
Sinogap LLC has exchanged a Silicon Valley redevelopment site for a 21,008-square-foot multi-tenant medical dental office park in Milpitas, Calif., and an apartment community in San Jose, Calif.
Lee & Associates Arranges Sale of Van Nuys Film Studio
Esh Holder acquired the property for around $8.8 million in the tight Van Nuys submarket, which has an industrial vacancy rate below 1 percent.
$30M Dignity Health MOB Underway in Sacramento
Panattoni Development Co. is developing a 68,000-square-foot health facility in Citrus Heights, Calif. The project is slated for completion by spring 2019.
West Elm’s First West Coast Hotel to Open by 2020
The retailer’s hospitality venture with DDK will develop a mixed-use property in Oakland in partnership with Signature Development Group and Jordan Real Estate Investments. The Oakland property marks the sixth market for West Elm Hotels.
Downtown San Jose Revival: From Historic YMCA Building to Hotel
RSTP Investments LLC opened Hotel Clariana after two years of interior renovations and plans further expansion of the historic property. The owners kept the facade, but transformed the interior.
Quantum Capital Secures $50M Retail Refi
The loans will refinance a Walmart-anchored shopping center in Torrance, Calif. and four fully leased retail buildings in Beverly Hills, Calif.
HFF Secures $170M Refi for NoCal Retail Portfolio
The 33 triple-net-leased grocery retail assets in San Francisco Bay Area, Sacramento and the Central Valley are fully occupied under a master lease with The Save Mart Cos.