News
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.
Swift Real Estate Grabs $110M San Francisco Tower
The subdivided condominium interest in the 219,700-square-foot building at 1390 Market St. last traded in 2007 in a deal valued at $42.7 million.
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.
What the 2017 Hurricanes Taught Retail About Disaster Planning
Industry experts gathered at the 2018 RECon conference in Las Vegas to discuss the importance of disaster planning and retail’s role in recovery efforts.