West

AC Hotel Los Angeles South Bay. Image courtesy of Marriott International

AC Hotel Opens in LA’s South Bay

General contractor R.D. Olson Construction recently completed the 180-key lodging property in El Segundo, Calif.

GTIS, Graham Street Realty Buy Bay Area Office Asset

Belvedere Place, a Class A property in Mill Valley, Calif., features a tenant roster that includes WeWork, Merrill Lynch and UBS.

Record-Setting Data Center Goes Off the Grid

Kingman, Ariz., will host the nation’s largest solar-powered data center, which will consist of 350 shipping containers encircled by 1,600 solar-panel-topped trailers.

Stockbridge Scores $350M Financing for Logistics Deal

The company acquired a 26-property, 6.3 million-square-foot industrial portfolio spread across nine markets, primarily on the West Coast.

MCA Realty Makes $42M Industrial Buy in Las Vegas

The Equus Business Center, a multi-tenant industrial property about a mile from the Las Vegas Strip, will be rebranded as Central Seven Commerce Center.

ASB Real Estate Buys Inland Empire Industrial Asset for $124M

The company acquired the 1.4 million-square-foot Columbia Business Park development in Riverside, Calif., from a client of Washington Capital Management Inc.

San Diego-Area Industrial Asset Sells for $7M

Cushman & Wakefield arranged the transaction of the 40,831-square-foot facility on behalf of the seller. The buyer was self-represented in the deal.

From Movie House to Mixed-Use: Historic South Bay Asset Sells for $18M

Federal Realty Investment Trust sold The Bijou Building, which began life in 1923 as a movie theater. Newmark Knight Frank arranged the sale of the property in Hermosa Beach, Calif.

Drawbridge Realty Picks Up Opportunity Zone Asset for $98M

The company also owns an office property next to the two-building campus in Santa Ana, Calif.

Caliber Cos. Acquires Hospital in Phoenix Opportunity Zone

The company plans to invest nearly $10 million in renovating the 96-bed facility, which will house Medical Behavioral Hospital of Phoenix.