West
San Jose Office Park Commands $84M
In a deal brokered by HFF, Preylock Real Estate Holdings acquired Central Park Plaza, a six-building property currently housing 56 businesses.
HFF Arranges Sale-Leaseback of 41-Property Portfolio
The assets are all fully leased to seller Meek’s Lumber and Hardware, and are located in California, Nevada, Missouri and Arkansas.
Liberty Property Trust Sells Phoenix Office Portfolio for $255M
CBRE represented the REIT in the sale of five buildings totaling 806,000 square feet, one of the metro’s largest office transactions on record.
Rockefeller Group Completes 2 MSF of Industrial in CA
The development firm has sold two of its recently completed buildings in the Inland Empire, totaling 1 million square feet.
Portland Office Tower Changes Hands
American Realty Advisors and Unico Properties have teamed up to acquire MODA Tower, a 24-story building at 601 SW 2nd Ave. in the city’s downtown.
Goldman Sachs Sells CA Mall for $22M
A global insurance company has purchased the 330,000-square-foot regional shopping mall in Santa Maria, Calif., built in 1976 and spread across 6 acres.
Lake County Lands 252 kWh Floating Solar Array
Consisting of 720 panels, the Kelseyville facility floats on a man-made wastewater treatment pond. This is California’s first public solar power system.
RAF Pacifica Sells San Diego Industrial Portfolio for $170M
Cushman & Wakefield facilitated the deal, which included a dozen Class A assets totaling more than 1 million square feet.
George Smith Partners Assembles $106M for Spec Project in Phoenix
The 250,000-square-foot Class A office tower, along with 44,000 square feet of lifestyle retail, is part of The Watermark Tempe, a mixed-use project that Fenix Development is undertaking in Tempe, Ariz.
Amazon-Leased Distribution Center Commands $98M
The Koll Co. and Seera Investment Bank B.S.C. sold the 1 million-square-foot distribution center in Phoenix, two years after acquiring the property for $74.8 million.