Ariela Moraru
Rexford Industrial Takes 3, Sells 1
The $71.5 million buy in the Los-Angeles area and Inland Empire brings the company’s 2017 industrial acquisition volume to more than $282 million.
Westwood Taps Acquisitions SVP After $1.5B Restructuring
Brackenridge brings over 25 years of real estate investment expertise focused on grocery-anchored shopping centers and will oversee the expansion of the company’s retail portfolio.
Rubicon Sells LAX 596-Key Hotel Portfolio
The company disposed of the 640-key Hacienda Hotel it purchased in 2013 and then converted it into two different branded hotels: the Aloft by Starwood and Fairfield by Marriott.
Transwestern Brokers Leases at Walnut Creek’s Lyric
Bank of the West and Drybar have inked leases for a combined 4,500 square feet at a mixed-use development managed by Berkshire Communities, which is slated for completion by fall.
San Diego-Area Grocery-Anchored Center Trades for $42M
HFF represented the seller, a partnership between Brixton Capital and ALTO Real Estate Funds, which sold the property to an affiliate of American Assets Trust Inc.
Hanley Completes LA Fitness Sale
The single-tenant net lease property in Montebello, Calif., has been a health club destination for 28 years, with LA Fitness taking over a former Bally’s.
Marcus & Millichap Brokers Tampa-Area MOB Sale
Marcus & Millichap represented both the seller and the buyer of the 18,708-square-foot property in Riverview, Fla., which traded for $7.2 million.
MCA Realty Completes Sale of 88 KSF Retail Project
The company has sold the final building in the Brookhollow Freeway Showroom Center in Santa Ana, Calif., a 13,072 square-foot retail showroom currently occupied by Wine Exchange.
JLL Strengthens OC Industrial Expertise
Wade Tift, Nick Carey and Byron Foss have joined the firm from Newmark Knight Frank as executive vice presidents, focused on tenant and landlord representation.
Terreno Nabs $15M Santa Fe Springs Industrial Property
The company has remained active in the Greater Los Angeles area, following the acquisition of a Gardena industrial asset and the sale of a development project in Whittier.