West
Skanska, AECOM Hunt Tapped for Seattle Redevelopment
The estimated $700 million expansion will nearly double the Seattle Center Arena’s interior space to as much as 750,000 square feet. Construction is scheduled to start this fall.
SKB, WHIREP Acquire $25M Portland Mixed-Use Property
The Water Tower Complex comprises two buildings totaling 123,188 square feet. A former furniture warehouse, the property was redeveloped in the 1970s into a retail marketplace.
Vista Investment Group Snags $28M San Diego Office Park
Built in 1981 and recently renovated, Seville Plaza encompasses more than 140,000 square feet. County of San Diego’s Health and Human Services division anchors the property.
Admiral Capital Buys San Diego Office Building
The Balboa Executive Center comprises 120,992 square feet across five stories and last traded in 2015, when EQ Office purchased the building for $28.3 million.
Lincoln Property JV Buys OC Office Asset
NKF Capital Markets represented the seller, New York Life, in the disposition of 1500 Quail St., a 95,435-square-foot property in Newport Beach.
Trammell Crow Breaks Ground on LA Business Park
The company together with Clarion Partners LLC started the construction of Phase I of The Center at Needham Ranch, located in Santa Clarita, Calif.
Lincoln Property JV Snags Historic SF Office Property
The firm purchased 332 Pine St. in a partnership with Rockwood Capital. The nine-story property comprises 51,522 square feet and last traded in 2014 for $22.2 million.
EverWest, CenterSquare Sell Phoenix Office Campus
With the sale of The Madison, a 177,312-square-foot Class A property, EverWest’s transaction and renovation push in the metro over the past 24 months reached $165 million.
Sale of Hyatt Centric Santa Barbara Closes
Chesapeake Lodging Trust sold the 200-key property to an undisclosed buyer after a five-year hold, during which the countywide hospitality market has thrived.
KKR Acquires Office Development in Oakland, CA
TMG reportedly sold the 320,000-square-foot downtown building at 1330 Broadway for more than $173 million, and will continue to provide onsite property and asset management on behalf of the new owner.