Business Specialties
Keystone Secures $60M for OC Retail
One of Keystone’s correspondent insurance companies sourced the 15-year, fixed-rate loan for the 295,000-square-foot shopping center in Laguna Niguel, Calif.
Hanley Completes Target Shadow-Anchored Retail Sale
The 22,577-square-foot shopping center in Lake Elsinore, Calif., changed hand for $11.6 million. The asset has long-term tenants and was fully occupied at the time of the transaction.
Coldwell Banker Residential Brokers Relocates Arlington HQ
Coldwell Banker Residential Brokerage NRT will move from its current location this November, taking up 5,000 square feet of office space just off of Interstate 20.
Olshan Properties Unveils $27M Hilton Columbus Revamp
The company invested in the interior redesign and amenity enhancement of the 345-key Hilton Columbus at Easton. The hotel also added 9,000 square feet of meeting and event space.
Historic Detroit Restaurant Goes Energy Efficient With C-PACE
Austin-based Petros PACE Finance facilitated nearly $1 million in C-PACE financing, which will allow the owner to install energy-saving components that are projected to save $2 million during the next 20 years.
Walnut Creek Office Campus Welcome New Tenants
In the past year, Walnut Creek Executive Park increased its occupancy from 68 to 91 percent. Easterseals Bay Area will relocate from its current Pleasant Hill headquarters in early 2018.
Westwood New Executive VP Leads Expansion
Matt Lougee brings a decade of real estate finance experience and will spearhead the firm’s corporate strategy and finance, supporting its growth.
Bitmova Bringing Data Center to Temple, TX
The $8 million facility will occupy 11 acres in the Temple Industrial Park located in the northwestern part of the city.
Petaluma Self Storage Gets $12M Financing
Talonvest Capital Inc. provided funding for the joint venture development of a 830-unit self-storage facility in Petaluma, Calif. The property will include two buildings on a site of roughly 2 acres.
Dunkin’ Donuts Serves Up 7 New NC Restaurants
The chain is expanding its presence in the Raleigh-Durham market with its plan to develop seven new restaurants, in partnership with existing franchisee Coastal Franchising Inc.