Regions
Multi-State Self-Storage Portfolio Lands $47M Bridge Loan
Talonvest Capital placed the floating-rate financing—which is secured by seven new properties totaling 539,000 square feet—with a life company.
Skanska Breaks Ground on New High School in Portland
The 352,000-square-foot building will be constructed on a 73-acre campus and will accommodate as many as 2,400 students by the 2020-2021 school year.
CBRE Facilitates Ohio Industrial Sale
The new owner, a print marketing solutions provider, acquired the vacant property with the intention of transforming it into the company’s new corporate headquarters.
HFF Brokers $13M Sale of Pittsburgh-Area Retail Asset
Fully occupied by Levin Furniture, the 53,000-square-foot property is located adjacent to a Whole Foods-anchored retail center along Perry Highway.
Hanley Investment, Voit Arrange $10M Sale of CA Shopping Center
RC Plaza in Rancho Cucamonga features nine retail buildings totaling 37,239 square feet. Current tenants include Starbucks and Pizza Hut.
DC-Area Office Campus Lands $104M Financing
Following the acquisition of Greensboro Park in Tysons, Va., Velocis and Altus Realty will use the five-year loan to fund the purchase price.
Granite Appoints New SVP, CFO
With 25 years of experience at the company, Jigisha Desai most recently served as vice president of corporate finance & treasurer, and will succeed Laurel Krzeminski, who is set to retire.
Simon Property Appoints New EVP, CFO
Brian McDade, who most recently served as the company’s senior vice president & treasurer, will succeed Andy Juster, who is retiring on Oct. 1, 2018.
Westin JV Opens New Hotel in Hawaii
The hospitality company partnered with Mauna Kea Resorts on the 232-key location on the Kohala Coast, its first property on the Big Island.
KBS Sells Portion of San Jose Office Campus
The company continues to own five of eight buildings at the former Corporate Technology Centre in Newport Beach, Calif., which it plans to rebrand as District | 237.