West

Phoenix Market Update: Investments Cool Down

Office sales leveled off to less than 500,000 square feet in April but were still up year-over-year, according to CommercialEdge.

Optimus Properties JV Lands $52M for Los Angeles MOB

The deal marks one of the metro’s largest refinancing transactions so far this year.

BentallGreenOak Invests $475M in Partnership With Xebec

The companies will focus on industrial assets and have already acquired five fully leased properties in Southern California.

Sorrento Towers, San Diego

Singapore’s Prime US REIT Buys Office Assets for $246M

In separate transactions, the company will purchase San Diego’s Sorrento Towers and One Town Center in Boca Raton, Fla.

255 S. King St., Seattle

American Life’s Seattle Mixed-Use Property Lands $123M Refi

A stabilized office property, a premier hotel and a prime location was the right mix to attract lenders’ attention.

San Francisco Market Update: A Steady Pace

The metro’s office market continues to find strength in its vibrant tech and life science sectors.

RED Development Breaks Ground on $300M Phoenix Mixed-Use Project

Phase I of The Grove is slated for completion in the second half of 2022.

1 Columbia Place, San Diego

Regent Properties Makes $420M Office Buy in San Diego

The firm acquired four high-rise buildings and a parking garage.

Titan Center, formerly Naval Ordnance Plant, Pocatallo, Idaho

Industrial Realty Buys 1.4 MSF Former Naval Ordnance Plant

The 150-acre campus in southeast Idaho changes hands at a time of rising local demand for industrial space.

Los Angeles Market Update: Reduced Deal Volume

Office sales in the metro declined month-over-month and year-over-year, according to CommercialEdge.