Ariela Moraru
National Asset Services Adds 6 to Retail, MOB Portfolio
The company has been appointed property and asset manager of the Sherwood Village shopping center in San Angelo, Texas, and five newly built medical office buildings in Texas, Pennsylvania, Ohio and Massachusetts.
$50M OC Project Wraps Up Retail Component, Marriott Underway
ValueRock began redeveloping the mixed-use shopping center in Lake Forest, Calif., in 2014. The company recently received the go-ahead for a 99-key Marriott hotel.
IMC Construction Hires Health Care Project Director
Arthur Brinkworth brings 32 years of industry experience, including 25 in facilities management, to the role of project manager at IMC Construction. In this capacity, Brinkworth will oversee the company’s health care construction projects.
MacKenzie Markets 100 KSF Baltimore MOB
The Class A property is situated on the campus of University of Maryland St. Joseph Medical Center and offers medical office spaces ranging from 1,000 to 6,200 square feet.
HFF Taps West Coast Industrial Managing Director
Andrew Briner will be based in the firm’s Los Angeles office. He has won several deal of the year awards for the transactions he led.
San Diego Shopping Center Trades for $15M
The Carlsbad-based buyer plans to reposition the 43,108-square-foot center to appeal to healthy lifestyle and fitness tenants. The asset includes a mix of retailers and was recently upgraded to include monument signage.
Venture Corp. Opens MOB in San Jose
The 16-unit development is offered for private ownership with full financing available and leasing. The city has the nation’s highest occupancy rate for this type of asset.
NGKF Taps Industrial Managing Director
Danny Williams will oversee industrial landlord and tenant representation in the port-adjacent South Bay Los Angeles submarket.
Passco Nabs Inland Empire Value-Add Retail Center
The company plans to reposition the 102,976-square-foot neighborhood shopping center in Corona, Calif. The retail market has one of the lowest vacancy rates in the regions.
Escondido Retail Center Changes Hands for $25M
Faris Lee Investments has arranged the sale of Gateway Center, an 89,625-square-foot property that was 95 percent leased at the time of the transaction.