West
Shorenstein Sells San Jose Office Campus for $128M
The company acquired the asset in 2015 and invested $30 million in a capital improvement program. The property was fully leased at the time of sale.
IHG to Open New Hotel Indigo in WA
The 142-key property is part of the Waterfront Place development, a 65-acre project which will include a mix of parks, housing, restaurants and docks.
Longfellow Real Estate Partners Acquires San Diego Office Property
The company will continue an extensive renovation plan that the previous owner begun, repositioning Sycamore Creek Research Park to accommodate life science and creative office users.
Marriott Breaks Ground on Las Vegas Hotel
CAI Investments is developing the 284-key luxury project, which marks the first property in the city to open under the Delta Hotels umbrella.
OneLegacy Buys LA-Area HQ
The buyer intends to move to the nearly 100,000-square-foot asset from its downtown Los Angeles location, with plans to add a recovery center and conference center.
Compass Datacenters Begins Construction of Phoenix Campus
The first phase will consist of two buildings set to deliver 72 megawatts of IT load. Ultimately, the campus is slated to offer more than 350 megawatts.
San Francisco’s One Montgomery Terrace Sells for $82M
CBRE arranged the sale of the historic office building in the city’s North Financial District. The firm also secured $76.6 million in acquisition financing.
San Diego Office Complex Trades for $51M
Parallel Capital Partners bought the two-building asset in the Kearny Mesa submarket from Blackstone affiliate EQ Office. The seller had acquired the property as part of a $3.3 billion portfolio deal.
Hines Breaks Ground on Seattle-Area Tower, Amazon Is Reported Tenant
The developer has preleased the entire 347,220-square-foot office building in Bellevue, Wash., reportedly to the e-commerce giant. The sustainable property is slated for completion in the fourth quarter of 2020.
Portland Mixed-Use Project Moves Ahead With $460M Loan
George Smith Partners secured the financing for BPM Real Estate Group from an affiliate of Mosaic Real Estate Investors. The 35-story development will bring a five-star hotel, office, residential and retail space.