West
Energy Retrofits Boost California Retail Portfolio
Phillips Edison teams up with Blue Sky Utilities for a series of upgrades that cut costs for owner and tenants while reducing the REIT’s carbon footprint.
JV Breaks Ground on CA Manufacturing Facility
Morton Commerce Center, formerly the site of Morton Salt in Newark, will comprise four buildings totaling more than 600,000 square feet.
CIM Group Acquires Seattle Office Asset for $151M
Pacific Eagle Holdings sold the historic Dexter Horton building in the downtown area. The 335,000-square-foot property underwent extensive renovations in 2002 and 2015.
Skechers Breaks Ground on $150M SoCal HQ Expansion
The international footwear company will increase its presence with roughly 180,000 square feet of new and expanded space in the Los Angeles-area beach communities of Manhattan Beach and Hermosa Beach.
Santa Monica Retail Receives $10M Refi
NorthMarq’s Los Angeles office secured the permanent fixed-rate loan through a CMBS lender. The approximately 16,000 square feet retail space is located in the city’s shopping district.
One Workplace Launches Off-Site Interior Construction Firm
Vantis serves the $6 billion development industry in Northern California. Ryan Ware heads the new company, which counts 27 employees.
RagingWire Enters Silicon Valley With 16 MW Data Center
With this latest addition, RagingWire expanded its portfolio to the top four U.S. data center markets. Its newest facility uses NTT Communications’ seismic stability system.
CA Industrial Park Changes Hands
The industrial park consists of two buildings totaling more than 146,000 square feet. The properties have recently undergone $2.6 million in renovations.
Weiss Development Sells LA Retail Portfolio
The four properties totaling 65,400 square feet include two Petco stores, an Office Depot and a multi-tenant building. Newmark Knight Frank arranged the deal on behalf of the seller.
Google Unveils Office Makeover for West LA Mall
The tech juggernaut is leasing 584,000 square feet at the former Westside Pavilion, which will be repurposed as an office property by Hudson Pacific Properties and Macerich.