West
Kilroy Realty Receives $18M for Office Asset
Majestic Asset Management is the new owner of the roughly 84,000-square-foot, three-story building in Thousand Oaks, Calif., which underwent major renovations in 2011.
Single-Tenant SoCal Industrial Asset Changes Hands
Alere Property Group paid $11.4 million to SENTRE for the 56,190-square-foot building located close to John Wayne airport in Orange County.
SoCal Hotel Lands $44M Construction Loan
Acres Capital Corp. will use the financing to complete and stabilize a 233-key property in Arcadia, Calif. Le Meridien by Marriott International is set to be a four-star property.
Exeter Property Group Buys Phoenix Industrial Asset
The company acquired a 123,754 square-foot warehouse in the Southwest Valley submarket. DAUM Commercial represented both buyer and seller in the off-market transaction.
Phoenix Office Building Commands $48M
Mainstreet Capital will provide property management services for the four-building complex. Cushman & Wakefield, which brokered the sale, will retain the leasing.
Kidder Mathews Hires VPs to San Diego Office
Industry veterans Robert Black and Sean McNee have a combined 30 years of experience in the seniors housing and healthcare sectors.
Reviving Self Storage in the North Bay
Storage Star broke ground on the first new self storage development in the Napa region in two decades. The company’s president, Matt Garibaldi, reveals details about the project.
Coworking Offerings Multiply in San Diego
Cushman & Wakefield’s latest study for the San Diego market finds that there are 1.5 million square feet of coworking spaces across 107 locations and more facilities are underway.
Meridian Welcomes Largest Tenant at Cotton Medical Center
Colliers International worked on behalf of the new tenant, private healthcare provider WelbeHealth, in signing a lease to occupy 14,200 square feet at the property.
Prime Silicon Beach Office Building Recapitalized
Olive Hill Group has partnered with Artemis Real Estate Partners on a roughly 113,000-square-foot creative office asset in downtown Santa Monica, Calif.