Business Specialties
Bridge Leases 750 KSF Chicago-Area Industrial Space
The three properties in Cicero, Waukegan and Franklin Park are currently under construction, with delivery slated by the end of 2018.
Seritage Growth, Invesco Team Up for La Jolla Conversion Project
The partnership is set to transform the vacant Sears store and auto center at Westfield UTC into more than 200,000 square feet of premium retail space.
C&W Bolsters Ft. Lauderdale Office Asset Tenancy
Tenants Patriot National and Marcus & Millichap will occupy a total of roughly 32,000 square feet at Cypress Financial Center, bringing the building’s occupancy to 88 percent.
Transwestern Taps New NorCal SVP
Blake Peterson has more than 15 years of experience and will lead Transwestern’s office property management services for the region.
ViaWest Sells 249 KSF Industrial Portfolio in TX
CBRE represented both parties involved in the deal. Merchant Industrial is a four-building property in El Paso, which the company previously acquired back in 2015.
Goodman Group’s LA-Area Logistics Center Hits Full Occupancy
The company signed Damco, a provider of freight forwarding and supply chain management services, to a 10-year lease, occupying all six of its buildings at Goodman Gateway Santa Fe Springs.
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.