West
Principal JV to Build Bay Area TOD
The companies will work together to construct Gateway at Millbrae Station, a mixed-use development in Millbrae, Calif.
Value-Add Play Wins $64M in Suburban Los Angeles
As demand grows for big blocks of office space, Griffin Capital Essential Asset REIT emptied 2160 Grand Ave. in El Segundo, Calif., and sold the 151,300-square-foot building to SteelWave.
CIP Real Estate Lands $59M Refi for Inland Empire Portfolio
JLL arranged the seven-year, fixed-rate loan as part of the recapitalization of the 610,000-square-foot group of three industrial/office business parks.
Douglas Emmett Commits More Deeply to CRE Fund
In a deal worth $95 million, the REIT brought its ownership stake in an existing unconsolidated real estate entity to nearly 90 percent.
HED, Herrero Builders Completed Renovations at Oakland Medical Center
The south wing of the Alta Bates Summit Medical Center now includes a new Dietary Center, MRI suite and doctors’ lounge.
Meridian Sells Recently Completed Northern California MOB
Cushman & Wakefield facilitated the sale of a 13,600-square-foot dialysis clinic in Stockton.
JV Wraps Up Construction on Facebook-Leased San Francisco Tower
Park Tower at Transbay has set a record with the largest single lease deal in the city’s history.
Los Angeles-Area Office Building Changes Hands
A joint venture of AEW Capital Management and North Sea Capital Advisors sold their creative offices in El Segundo for $97.2 million.
San Diego Life Sciences Office Completes $20M Renovation
JLL will handle leasing for the Class A, 185,600-square-foot building in Sorrento Mesa.
Seattle Office Park Lands $110M Refi
Lionstone Investments and Talon Private Capital will use the loan to retire a $77.5 million existing financing from Prudential Financial.