Ariela Moraru
Skanska Promotes Greg Zwiep to Operations VP
With 20 years of engineering, design and construction management experience, Zwiep will focus on the LA County Metropolitan Transportation Authority’s $1.8 billion Regional Connector Transit Project.
MedEquities Enters Master Lease, Pledges $11M for Las Vegas Hospital Expansion
The new agreement replaces the separate triple-net leases for two acute care hospitals in Las Vegas and two nursing facilities in Fort Worth, Texas, and Spartanburg, S.C., respectively.
Watson Land Promotes Jeffrey Jennison to CEO
Jennison replaced Bruce Choate, who retired in March after 26 years with the company. In his new role, Jennison will oversee Watson’s portfolio and operations.
Homewood Suites by Hilton Opens Redondo Beach Property
The 184-key hotel is owned by Mogul Capital and managed by Evolution Hospitality. The property is less than five miles from LAX and Redondo Beach Pier.
BLT Enterprises Buys 72 KSF Industrial Building in San Diego
The firm plans to increase the property’s parking ratio and modernize the asset located in Kearny Mesa. The submarket had the lowest vacancy rate of all Central San Diego’s R&D and industrial submarkets last year.
Honda Breaks Ground on $30M Dealership in South LA
The 210,000-square-foot project is part of a neighbourhood revival which includes other high-profile developments. The company plans to relocate from downtown LA in the summer of 2018.
RiverRock Taps SoCal VP
Shane Flanigan brings nearly 15 years of industry experience to his new role and will oversee all operational activity with a focus on client service and portfolio growth.
$83M Medical Building Breaks Ground in El Paso
The 219,900-square-foot facility designed by Perkins + Will will more than double the research capacity of the Texas Tech University Health Sciences Center El Paso campus.
Doubletree by Hilton SLC Changes Hands
The Plasencia Group represented the seller of the 288-key lakefront property, SLC Hotel Partners LLC, an affiliate of Laurus Corp.
Restoration of Bay Area High School Kicks Off
The retrofit and restoration was designed by Quattrocchi Kwok Architects and will be covered by local bonds and potentially California Proposition 51 match funding.