West
Cushman & Wakefield Facilitates $16M CA Industrial Sale
The new owner financed the acquisition with a $10 million loan from East West Bank. A Mitsubishi subsidiary is the only tenant of the 73,000-square-foot building in Poway.
Portland Hotel Opens After Renovation
The 174-key Hotel Zags Portland, which completed a major renovation and rebranding project, is part of Pebblebrook’s “Unofficial Z Collection”.
PCCP Provides $103M Loan for Silicon Valley Office Project
Renault & Handley Mid-Peninsula Joint Venture is building 600 Clyde Ave., a 190,000-square-foot development in Mountain View, Calif., which will be occupied in its entirety by Google.
Mitchell Asset Group Completes, Sells NV Health-Care Center
The asset is part of a busy medical community along Vista Boulevard in Sparks and is fully leased to DaVita Kidney Care center.
Jackson-Shaw, LaPour Partners Kick Off Metro Phoenix Industrial Project
The joint venture is developing Parc Germann, a new 224,471-square-foot, two-building industrial property in Chandler, Ariz. The facility is expected to open this year.
Newmark Knight Frank Completes Santa Monica Creative Office Sale
Following a capital improvement program in 2014 that included building system upgrades, Prototype Industries sold the three-story boutique property for $16 million.
Ray Allen, Seth Heikkila Join Marcus & Millichap’s IPA in Seattle
The former JLL duo bring years of commercial real estate experience to the team, after having handled more than $2 billion in financing transactions.
Warner Bros. to Move Into 2 New LA-Area Office Buildings
The company’s 800,000-square-foot lease with Worthe Real Estate Group and Stockbridge Real Estate Fund is part of a complex set of deals that will play out through 2023.
Homewood Suites By Hilton Debuts in Colorado Ski Country
The 84-key property is located in the Rocky Mountains, a few miles from downtown Steamboat Springs and Steamboat Ski Resort.
Washington Capital Buys San Diego Campus for $40M
The company has acquired the two-building office property on behalf of a client, marking its second deal in the Kearny Mesa neighborhood in less than two months.