West
KKR Closes $535M Bay Area Office Deal
The acquisition of HQ @ First in San Jose marks the region’s largest office transaction so far in 2021.
Phoenix Industrial Park Lands $29M Refi
BKM formed a joint venture with TC US Partners to recapitalize the multi-tenant business center.
San Francisco Market Update: Suburban Office Drives Activity
As vacancy in urban areas rises, suburban markets are recording significant drops, CommercialEdge reports.
Los Angeles Market Update: Vacancy Improves Slightly
Creative office space continues to drive leasing activity in the market, according to CommercialEdge data.
Hines Inks 1.3 MSF Industrial Lease in Metro Phoenix
The retail brand of Healthcare Arizona LLC will occupy the spec project in Glendale, Ariz.
Nonprofit Organization Signs Phoenix Sublease
The tenant will take up Base Commerce’s former offices in Harbor View Business Park.
Orange County Tower Trades for $151M
The deal marks the county’s largest office transaction of the year so far.
Hudson Pacific, Blackstone Launch Big Studio Project
The partners are building the Los Angeles area’s first such large-scale development in a generation.
Barings Pays $170M for Bay Area Redevelopment Opportunity
The global investor plans to transform an office campus and adjacent site into a magnet for life science and tech tenants.
Phoenix Market Update: Office Vacancies Plateau
The average vacancy rate showed only a 10-basis-point uptick month-over-month across the metro in June, according to CommercialEdge data.