Business Specialties
San Diego Office Complex Gets 2 New Tenants
JLL arranged two leases at Scripps Plaza, a two-building office campus in San Diego. The asset is located next to the Scripps Ranch Marketplace, and recently underwent renovations to expand its amenities and parking.
C&W Arranges $72M NorCal Retail Sales
Argonaut Investments, Hastings Ranch Shopping Center and Victory Village 2004 snagged three shopping centers in Rohnert Park, Fresno and Pinole.
Boston Properties Buys NJ Office Asset
The company added another 96,000 square feet to its Princeton, N.J., inventory with the acquisition of a Class A office asset located within the 560-acre Carnegie Center. Cushman & Wakefield brokered Mack-Cali Realty Corp.’s $16 million sale of the asset.
Velocis Adds to Its San Antonio MOB Portfolio
The private equity real estate manager acquired the Legacy Oaks medical office complex through its Velocis Fund II.
Meridian Arranges $21M Refi for NYC Property
The eight-story mixed-use asset features four commercial units and 20 luxury apartments and is in close proximity to the Subway Line 1 at Houston Street.
New Mixed-Use Development Underway in Boerne, TX
The revised plans for The Village at 17 Herff feature luxury apartments and mixed commercial uses.
Trump Bump Gone, Optimism Still Prevails: RCLCO Survey
Almost two-thirds of respondents think the coming downturn won’t begin until 2019, while about a quarter believe it will be next year.
Douglas Emmett, QIA Buy $177M Beverly Hills Asset
The 10-story office building is 85 percent leased to a tenant roster including Wells Fargo, Sotheby’s, Morgan Stanley and Longo Law Group.
Vestar Buys North Dallas Retail Center
StreetLevel Investments sold Twin Creeks Marketplace in Allen, Texas, to Vestar. The 43,134-square-foot, grocery-anchored neighborhood center was fully leased at the time of sale.
Simone Forays Into NJ with MOB Buy
The company plans to reposition the 62,000-square-foot property in Hackensack, which was 52 percent occupied at the time of the transaction.