West

Las Vegas Monthly CRE Wrap-Up (Feb. 2020)

The Raiders sells training facility for $191 million. Elon Musk’s tunnel hits milestone. New Colliers headquarters underway. Here is our selection of Vegas must-reads for the past month.

Transwestern Breaks Ground on Spec Inland Empire Warehouse

Comerica Bank provided the developer with a $17.1 million construction loan for the project.

Keys to Opportunity Zone Development Success

Ryan Parkin, founder & managing principal at RevOZ Capital, shares his experiences and offers advice for emerging investors and developers.

NKF Arranges $30M Refi for Inland Empire Retail Center

Vice Chairmen Dustin Stolly, Jordan Roeschlaub and David Milestone secured the five-year, floating-rate loan from CIT Bank.

Construction Underway at Largest-Ever Phoenix Industrial Building

The Opportunity Zone development will total more than 1.3 million square feet of speculative space.

Hines Sells Sacramento Tower for $166M

A Singapore-listed REIT affiliated with KBS is the new owner of the downtown office asset.

Alianza Inc. Relocates Utah HQ

The company leased 29,000 square feet at a recently build Pleasant Grove development.

Hanley Investment Completes Inland Empire Retail Transaction

Executive Vice Presidents Kevin Fryman, Bill Asher and Jeff Lefko represented the seller, Adler Realty Investments.

Hines to Debut 2nd Coworking Location

The company’s first Salt Lake City location will open in June. Industrious will operate the 25,000-square-foot workplace.

Brookfield Properties Sells Los Angeles Office Building

The company acquired the 260,000-square-foot property in 2017, in a portfolio transaction that included 60 properties.