West
Tempe Office Building Changes Hands
JLL represented the seller, Hannay Realty Advisors, in its disposition of Warner Courtyards. The former owner will continue to manage the asset.
Crown Realty Buys $32M OR Office Property
Sunset Corporate Park III in Hillsboro comprises more than 100,000 square feet and is 100 percent leased to Wells Fargo. NKF arranged the deal on behalf of the seller.
VICI Properties Shells Out $508M for Las Vegas Hotel
The deal for the 668-room Octavius Tower is also tied to the forthcoming sale-leaseback of Caesars Entertainment’s Harrah’s Philadelphia casino.
Transwestern Completes Full-Building Phoenix Lease
Desert Canyon 300, a three-story, 150,000-square-foot Class A property, will serve as the tenant’s new information technology corporate office.
Iron Mountain to Build 550 KSF Phoenix Data Center
The company will double the available IT capacity of its Phoenix campus, which will be scalable up to approximately 100 MW.
Inland Real Estate Buys 2 Phoenix-Area MOBs
Located at 220 S. 63rd St. in Mesa and 3940 S. Alma School Road in Chandler, the buildings comprise a total of 25,340 square feet.
TA Associates Sheds SoCal Office
MGR Realty bought Empire Towers V, a nearly 125,000-square-foot Class A building in the Inland Empire for almost $30 million. NKF Capital Markets represented the seller in the transaction.
CBRE Arranges Sale of Phoenix Shopping Center
Plaza at Power Marketplace comprises roughly 71,000 square feet and was 93 percent leased at the time of sale. The asset is anchored by LA Fitness and shadow-anchored by Home Depot.
Pembroke Enters Seattle Office Market
Skanska and TH Real Estate sold a fully leased 349,152-square-foot, Class A building for $338.4 million in one of the largest deals in the city so far this year.
Silicon Valley Mixed-Use Project Gets $250M
The debt and equity capitalization package supports the development of Ameswell Mountain View, a Class A office and upscale hotel asset that recently broke ground.