Business Specialties
Rockwood Capital JV Expands LA Office Campus
The upcoming one million-square-foot building is the last to be constructed in the 6.5-acre Water’s Edge in Playa Vista. The project is scheduled for completion by the second quarter of 2020.
Amerlux Introduces New LED Lighting Solution
Easy to install, Quick-Line features run alignment pins and pre-installed brackets, while also offering direct and direct/indirect lighting distributions.
Blackstone to Acquire LaSalle Hotel Properties for $4.8B
The deal, expected to close in the third quarter, includes 41 properties totaling more than 10,000 guest rooms in 11 markets.
Facebook Signs Largest Office Lease in San Francisco
MetLife Investment Management, The John Buck Co. and Golub & Co. have signed the social media giant for all of Park Tower at Transbay, an upcoming 43-story Class A tower in the metro’s Financial District.
Lat Purser Adds Mixed-Use to SC Portfolio
The 25,300 square-foot Bridgewater Center features both retail and office space. The Mount Pleasant property is home to tenants such as Edward Jones and Ameris Bank.
Hanley Investment Completes Sale of LA Retail
The company represented the seller, an Orange County-based developer, in the disposition of a 6,777-square-foot retail pad building shadow-anchored by LA Fitness.
JV Sells Atlanta-Area Shopping Center for $17M
Forum Management Group purchased the 90,566-square-foot, Kroger-anchored retail asset in Flowery Branch, Ga., located roughly one hour from downtown Atlanta.
CBRE/New England Arranges Sale of RI MOB
Built in 1976, the 20,694-square-foot medical office building was renovated in 2016 and is currently 80 percent occupied.
NAI Hiffman Arranges MOB Portfolio Lease
The company’s vice presidents were instrumental in arranging the lease of a 29,000-square-foot medical office portfolio.
HFF Arranges $10M Financing for NJ Storage Development
The company has secured the loan through the Bank of New Jersey for the construction of a 925-unit self-storage facility located in Nutley, N.J.