West
On the Market: 5 Interesting Listings for October
This month’s listings include a CVS Pharmacy store in Michigan, a vintage multifamily asset in Richmond, Va., and a recently renovated flex building in Miami.
JV Acquires SoCal Twin Towers for $107M
Equity Office Properties sold the office buildings in Torrance, Calif., to The Ruth Group and Roxborough Group, in a deal handled by Newmark Knight Frank.
2-State Self-Storage Portfolio Changes Hands
Cushman & Wakefield and JLL teamed up to represent the seller of the institutional-caliber properties, which serve upscale areas of Los Angeles and Houston.
Hines, Oaktree Buy 515 KSF San Francisco Bay Office Campus
The partners acquired Ygnacio Center, a three-building property in the East Bay’s coveted Walnut Creek market, from LaSalle Investment Management.
Inland Empire Shopping Center Commands $26M
CBRE has arranged Tarski Group’s acquisition of Heritage Plaza, a 119,000-square-foot retail center in Riverside, Calif., from a pair of Orange County developers.
Trammell Crow-Led Team Kicks Off $453M Mixed-Use Project in LA
Vermont Corridor, the product of a public-private partnership, will revitalize a stretch of the city’s Koreatown neighborhood with office, residential and retail space, along with county services.
Blackstone Buys Maui Hotel, Condo Property
Ares Management, SMW Hospitality and Trinity Investments sold the Ritz-Carlton, Kapalua, which encompasses a 297-key luxury resort and 107 condos on the Hawaiian island’s northwest shore.
Downtown Denver Sheraton Trades
The hotel includes the 22-story IM Pei Tower and the eight-story Plaza Building. HFF represented the seller in the transaction.
Spaces Leases 47 KSF at UT Office Development
The flexible workspace company will move into the new space upon completion of Traverse Ridge Center III, in August 2019.
Salt Lake City-Area Retail Center Lands $69M Refi
Dallas-based TriGate Capital received the financing for the 726,000-square-foot, Harmons-anchored property in Taylorsville, Utah. HFF secured the 3-year, floating-rate loan.