West
DivcoWest JV Sells San Jose Office Asset for $230M
Completed in 1989, the 350,000-square-foot Class A tower last changed hands in late 2015, when it traded for $165.5 million.
Stos Partners Sells Brandywine Distribution Center in San Diego
KKR and Alpha Industrial Properties acquired the 170,011-square-foot multi-tenant asset for $24.4 million. Cushman & Wakefield facilitated the transaction on behalf of the seller.
Seattle Office Portfolio Receives $135M Refi
Located in the Belltown neighborhood, Martin Selig Real Estate’s Fourth & Battery, 333 Elliott West and Third & Battery total roughly 400,000 square feet.
Kingsbarn Realty Capital Sells CA Asset
Boyd Watterson Asset Management purchased the 77,790-square-foot office building located in Camarillo for $15.6 million. The fully occupied asset came online in 1985.
Capstone Partners Lands $155M for Seattle Office Project
One Esterra Park, a 245,000-square-foot Class A building, will be the latest piece of the company’s 3 million-square-foot Esterra Park mixed-use development in Redmond, Wash.
Infinity Hotel San Francisco Joins Ascend Collection
The 75-key property in the city’s Marina District is now part of Choice Hotels International’s growing group of boutique and historic hotels and resorts with local flavor.
Stos Partners Sells San Diego-Area Assets for $34M
In separate transactions, the company has sold a two-building, 170,805-square-foot industrial property in Chula Vista to KKR and a 50,643-square-foot office property in San Dimas to non-profit JJATC.
Lendlease, SMUD Sign 30-Year PPA
Upon completion in 2020, the Rancho Seco Solar II project is set to become the largest solar facility in Sacramento County, Calif,
FCP Sponsors $12M Opportunity Zone Industrial Deal
Baker Development Corp. will build the 325,000-square-foot property in the Phoenix suburb of Goodyear. Fintech platform EquityMultiple raised $2.4 million from its accredited investors for the transaction.
PCCP Buys Portland Office Property for $97M
Park Square offers 296,000 square feet across two buildings in the city’s central business district. Urban Renaissance Group will manage the complex, which was substantially renovated in 2016.