West
Skanska Tops Out Seattle Office Tower
The 2+U high-rise, taking shape above a plaza that will feature 17,000 square feet of retail and cultural space, will hover 530 feet over the city’s central business district.
Penumbra Expands CA Presence With Sacramento Lease
Penumbra will occupy more than 150,000 square feet at the Roseville Innovation Park. A joint venture between Farallon Real Estate Partners and Strada Investment Group owns the property.
CBRE Brokers $41M LA Retail Center Sale
A joint venture between Hutensky Capital Partners and Festival Cos. sold the 112,000-square-foot Santa Fe Trail Plaza in El Monte.
RagingWire Hires SVP of Construction, Design
Kevin Dalton will oversee the company’s newest deployments and designs, including a newly created technique which uses modular building and a supply chain management system to deliver quality solutions.
HFF Arranges Sale of Portland Retail Center
As the new owner of the asset, Asana Partners plans to make significant enhancements to the property and push leasing efforts to attract new tenants.
Record-Setting CA Battery Projects Advance
In a first, the Northern California installations will replace power provided by several conventional gas-fired plants.
Netflix Preleases Hollywood Office Project
The entertainment giant has leased more than 350,000 square feet at Kilroy Realty’s Academy on Vine mixed-use development. Occupancy is expected to begin in phases in 2020.
BLT Enterprises Sells San Diego R&D Facility
The company acquired the asset in 2017 and repositioned it to achieve a record price per square foot for an industrial asset in the Kearny Mesa submarket.
Portland Industrial Property Changes Hands for $49M
Specht Development and Ares Management have teamed up on the acquisition of the nearly 1 million-square-foot facility, which currently houses grocery wholesaler and retailer SUPERVALU.
JLL Appoints Mid-Market Industrial Experts
Moon Lim will serve as senior vice president, while Richard Tovar will work as vice president. Both will be based in the company’s Los Angeles office.