West
Mori Trust Buys Silicon Valley Office for $429M
The nearly 600,000-square-foot LEED Gold campus contains three buildings fully leased by Micron Technologies. The asset last changed hands in late 2017 for more than $225 million.
Graycor Completes 1st Phase of TEN Distribution Center in Phoenix
The development is Foreign Trade Zone capable, allowing for reductions of up to 72 percent on real estate property and equipment taxes.
Lincoln Property Completes OC Office Campus Renovation
Katella Office Campus is a two-building, 150,000-square-foot property in Los Alamitos, Calif. The developer used a $21.2 million construction loan to implement the upgrades.
Cushman & Wakefield Brokers AZ Industrial Sale
Conor Commercial Real Estate and Globe Corp. sold AZ|60 Industrial for $27 million. The two-building property in Gilbert encompasses 225,600 square feet.
CBRE Facilitates Sale of CA Shopping Center
A Nevada-based investor purchased the 195,000-square-foot retail asset in northwestern San Diego County. CBRE’s National Retail Partners-West team represented both parties.
Kirkland Urban in WA Welcomes Retail Tenants
Home Street Bank, AT&T, Top Golf and QFC are among the first tenants of the mixed-use project in Kirkland, leasing more than 120,000 square feet.
San Jose R&D Property Lands $46M Bridge Loan
Working on behalf of Vertical Ventures, NorthMarq’s San Francisco office secured the financing for Hellyer Oaks, a two-building asset totaling nearly 350,000 square feet.
Wonderful Real Estate Buys Sacramento-Area Office Asset
The two-building property contains nearly 180,000 square feet of Class B space and is fully leased to the Centene Corp.
NAI Northern California Grows San Jose Office
Tod Rudee, who has almost 30 years of real estate experience, will serve as vice president. He previously held executive positions at CBRE, Colliers International and Premier Properties.
Bellwether Secures Acquisition Loan for 2 LA Assets
Working on behalf of a private family firm, the mortgage banking company closed $62 million in financing for two former industrial buildings redeveloped for office use.