West
LGE Breaks Ground on Phoenix-Area Warehouse
The design-build company has teamed up with Clarius Partners on the development of The HUB at Goodyear, a 791,000-square-foot spec project spanning 43 acres.
LBA Logistics Buys Sacramento Industrial Property
The local Colliers office represented both the seller and the buyer in the transaction, which marks the city’s largest sale of its kind so far this year.
LA-Area Office Building Changes Hands
Excelsior Partners has acquired a 49,336-square-foot building in Torrance. Team Shannon Private Capital Group negotiated the deal on behalf of the seller.
ScaleMatrix, Centeris to Open Their First Data Center in Seattle
ScaleMatrix will deploy its proprietary dynamic density control cabinets, which are configured to support high-density applications, such as artificial intelligence, high-performance computing and machine learning, at a low utility cost.
Schnitzer West Acquires 2 Denver-Area Assets
The company plans to invest in upgrades to the 115 Inverness office property, by adding a conference facility and locker rooms.
WA Office Park Commands $63M
The roughly 200,000-square-foot, three-property portfolio in Bothell changed hands with help from Newmark Knight Frank, which acted on behalf of seller Equity Office.
Denver-Area Office Portfolio Trades for $28M
SteelWave sold three properties in Boulder, Colo., totaling almost 115,000 square feet of office and lab space. The new owner intends to continue the renovations the seller started.
SSGT II Pays $16M for Sacramento Asset
The 1,029-unit self storage facility was completed in 2018 and is located approximately 13 miles from the city’s downtown.
Inland Empire Industrial Asset Sells for $16M
Compass Danbe Real Estate Partners sold the 120,575-square-foot facility located in Rialto, Calif. The asset is occupied by the buyer’s affiliate, Magnolia Food.
Opus Names New VP in Denver
Sean Cummings brings more than 20 years of experience in commercial real estate. Prior to joining Opus, he worked at Conor Commercial Real Estate.