West
PGIM Sells 206 KSF San Diego Trophy Building
Terraces changed hands for the first time and was fully occupied at closing.
Las Vegas Office Building Trades for $19.5M
Pacific Oak SOR II sold the Class A asset acquired four years ago by KBS Realty Advisors for $13.4 million, according to Yardi Matrix data. Pacific Oak recently took over three REITs established by KBS.
Tucson MOB Breaks Ground
Pacific Medical Buildings’ $19 million project is underway alongside the Carondelet St. Mary’s Hospital campus. The development is preleased to three health-care tenants.
Lowe Buys Class A Office Tower in Denver
The 366,000-square-foot asset, which last changed hands in 2014, is situated in the Denver Tech Center.
Rockwood Capital, Artisan Realty Expand Hollywood Presence
The two companies acquired a six-story office building in North Hollywood for $30 million or $406 per square foot.
Rural Co-op Invests in Solar Plus Storage Systems
New Mexico’s Kit Carson Electric Cooperative will boost its solar portfolio by 21 megawatts in two projects, each with its complimentary storage facility.
SoCal Investor Expands Footprint With 224 KSF Buy
The seller worked with Avison Young to arrange two noteworthy leases before the sale.
Tempe Warehouse Changes Ownership After 40 Years
DAUM Commercial brokered the sale of a 48,000-square-foot asset in Arizona that includes both industrial and retail space.
Newly Built Retail Property Sells in California
The asset, occupied by two tenants, was acquired by a local private investor for $8.8 million.
Four-Building Industrial Park in Phoenix Gets New Owner
The 222,396-square-foot Seventy5 Business Park, which is 90 percent leased, was sold for $22.4 million.