West
Strategic Storage Trust IV Buys Seattle-Area Facility
The REIT expanded its footprint with a 350-unit storage asset in Redmond, Wash. The six-building property changed hands for $11.5 million.
Kilroy Realty Signs 1st Lease for Bay Area Life Science Campus
Cytokinetics is the first tenant of the in-progress $600 million project. The biopharmaceutical company will occupy 235,000 square feet at Kilroy Oyster Point starting in September 2021.
1031 Investor Chases Retail Yield in the Inland Empire
CBRE orchestrated a complex deal that resulted in its client’s purchase of Menifee Town Center and The Barn at Wildomar from separate sellers and the disposition of a Hollywood property.
Solera Health Increases Downtown Phoenix Footprint
The medical tech company occupies two floors at The Monroe building in downtown Phoenix. The expansion is expected to add at least 200 new jobs.
Kidder Mathews to Manage 3 MSF Portland Portfolio
The contract for 13 industrial properties, owned by newly formed BentallGreenOak, brings Kidder Mathews’ management footprint in the metro to 12.5 million square feet.
Inland Empire MOB Lands Refi
The new mortgage pays down a previous $2.5 million CMBS loan on the 30,192-square-foot Class B property in Bermuda Dunes, Calif.
LaSalle Buys Orange County Asset for $55M
While Hutton Centre was renovated in 2002 and 2012, the new owner plans to further invest in new amenities and common-area improvements.
Top 5 Sacramento Office Transactions
More than 2 million square feet of space changed hands in the metro year-to-date through June for a combined $447.4 million, according to Yardi Matrix data.
Lee & Associates Facilitates Orange County Retail Sale
The asset traded for one of the highest per-square-foot prices for a retail center in the city, according to Principal Cory Stehr.
Hyatt to Open Colorado’s First Thompson-Brand Hotel
Scheduled for completion in 2021, the hotel will be located in Denver’s LoDo neighborhood, near Continuum Partners’ proposed Market Station redevelopment, as well as Union Station.