West
Rising Realty, Fortress Sell $79M Calabasas Office Asset
While transactions took a hit lately, metro L.A. properties with a healthy mix of long-term tenants continue to attract capital.
Amazon-Leased Seattle Landmark Trades for $580M
The 770,000-square-foot former Macy’s flagship stretches across a full block in the city center.
Macerich Sells Phoenix Mall Set for Major Redevelopment
The firm will retain a 5 percent interest in the 6.5 million-square-foot project.
KKR Makes $68M Phoenix Industrial Investment
The newly acquired portfolio expanded the firm’s local footprint to roughly 2.5 million square feet.
GSA Inks $80M Lease With Parallel Capital in Long Beach
The renewal includes more than 140,000 square feet at a LEED Gold-certified property.
Covington Sells Land in the Inland Empire for 1 MSF Build-to-Suit
CBRE arranged the $20.5 million transaction on behalf of the new owner, Exeter Property Group.
Industrious, Granite to Open First Newport Beach Office
The new location marks the company’s fifth flexible workspace area in Orange County.
Silicon Valley Office Asset Trades for $35M
An entity affiliated with Vien Thao Media acquired the six-building property in Milpitas, Calif.
Intercontinental Realty Corp. Pays $74M for Amazon Warehouse
The company has closed on its first industrial acquisition in Los Angeles County.
San Francisco’s Office Market Shows Signs of Life
Once a boon, the Bay Area’s tech-centricity quickly became a liability. The tide, however, is turning again.