West
Infomart Data Centers Appoints New CEO
Brian Cox has more than two decades of experience in the data center industry. He previously held senior executive positions at Cologix and Tempo Financial.
Remembering Paul Allen, Tech Pioneer and Real Estate Entrepreneur
Among many other accomplishments, the innovator and philanthropist was the founder of Vulcan Real Estate, which has done much to reshape his Seattle hometown.
Valent Signs New Lease in San Ramon, CA
The company’s relocation to Canyon Corporate Park represents the consolidation of its Walnut Creek and Dublin operations. NKF arranged the deal on behalf of the landlord.
Ivanhoé, CapRock Develop Major Inland Empire Industrial Project
The partnership has broken ground on Colony Commerce Center, a 3 million-square-foot logistics complex. Phase one is slated for delivery next year.
Bixby Land Co. Sells San Diego Creative Office Park
The property known as The Oberlin traded for $20.4 million and encompasses more than 62,000 square feet in the city’s Sorrento Mesa submarket.
Woodbine Legacy Investments Pays $152M for LA DoubleTree Hotel
The new owner plans to spend as much as $35 million in renovations. The deal includes an adjacent site slated for office development.
E-Commerce Drives Largest Industrial Leases
A new report from CBRE shows that online retail is behind many of 2018’s largest distribution deals. Southern California’s Inland Empire tops the list with 14 transactions totaling 11.6 million square feet.
HFF Arranges $110M for Denver Mixed-Use Project
Continuum Partners will use the loan to retire the existing construction financing. A Block consists of roughly 55,000 square feet of office, plus a 200-key hotel and ground-level retail space.
Heslin Holdings Acquires Tucson Retail Asset
The acquisition is part of the company’s plan to invest $75 million in shopping centers across the nation during the next year.
Ashford Hospitality to Buy Santa Fe Boutique Resort
The company selected Remington Lodging to manage the 157-key La Posada de Santa Fe property in New Mexico when the deal closes later this month.