Newmark Knight Frank
Dominguez Sells LA Office-Medical Asset for $49M
Newmark Knight Frank represented the company in the disposition of Madrona Business Campus, a 211,400-square-foot property in Torrance, Calif.
Law Firm Inks Lease at Boston’s Hood Park
Tentindo Kendall Canniff & Keefe LLP will occupy 15,000 square feet of space within the 20-acre, master-planned urban campus located in Boston’s oldest neighborhood.
Shea Nabs 7 Leases at San Diego’s Mercado del Barrio
The new leases totaling 15,600 square feet bring the occupancy of the retail section of the project to 93 percent. The $80 million development was created in 2013 to help revitalize and preserve Barrio Logan’s cultural legacy.
NKF Adds Net-Lease Vets to Team
The company has appointed Ken Hedrick as executive managing director, while Jerry Hopkins and Andrew Ragsdale will become senior managing directors.
JV Snags $60M Newport Beach Office Asset
NKF’s Capital Markets team represented the seller, TA Associates, in the disposition of 4400 MacArthur, a nine-story office building located within the master-planned Koll Center Newport.
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.
Los Angeles Office Complex Trades for $62M
Majestic Asset Management sold a two-building property in Van Nuys, Calif., to Pacific Reach Properties. At the time of sale, the asset was 99 percent leased.
Entrada Snags DFW Office/Industrial Portfolio
HFF orchestrated a loan through Bank of America Merrill Lynch for the acquisition of the half-million-square-foot collection of seven properties.
Ridge Breaks Ground on 186 KSF Industrial Asset
Dubbed Ridge Brewster Creek II, the project is slotted for completion by December 2017. Newmark Knight Frank will handle leasing for the development.
Electric Factory Building in Philly Trades for $20M
Callowhill Center, the two-building office complex that houses the iconic Electric Factory music venue, changed hands after being under the same ownership since 1986.