West
Robertson Properties Grabs LA Retail Financing
The owner landed $21 million for the building comprising more than 50,000 square feet, which is fully leased to Ralphs grocery store.
CyrusOne Acquires 70-Acre Site for 2nd Phoenix Facility
The upcoming data center will eventually deliver up to 198 megawatts of critical IT power. The company’s campus will be located within the Mesa Elliot Technology Park, a 270-acre master-planned mixed-use project.
Inland Empire Warehouse Sells for $16M
Cushman & Wakefield has arranged the sale on behalf of the owner, Newcastle Partners. The asset, completed in 2017, offers easy access to Interstate 215.
Chesapeake Lodging Trust to Sell SoCal Hotel for $90M
The planned disposition of the Hyatt Centric Santa Barbara comes five years after the REIT acquired the 200-key destination for $61 million.
Rockpoint Group Buys 5-Building OC Office Asset
This transaction marks the largest office sale this year in Orange County for NKF Capital Markets, which represented the seller of the 479,450-square-foot property in Aliso Viejo, Calif.
SLC Office Campus Changes Hands
The Muller Co. has teamed up with Cerberus Capital Management to acquire Canyon Park Technology Center, a 924,634-square-foot campus in Orem, Utah.
Hollywood Retail Property Trades for $61M
Lee & Associates-LA North/Ventura represented Cahuenga Lofts and Ivar Group in the sale of Space 15 Twenty, a 40,000-square-foot shopping and dining destination along the trendy Cahuenga Corridor.
Citizens Bank Provides $185M Loan for SF Office Tower
Phase 3 Real Estate utilized the funds to refinance Genesis South Tower, a 336,400-square-foot lab and office property located within a three-building life sciences development.
OC Retail Center Sells for $30M
JLL has arranged the sale of a 77,276-square-foot shopping center located in Fullerton, Calif. The brokerage firm represented the seller.
Phoenix-Area Storage Facility Sells for $7M
Marcus & Millichap’s Tampa-based self-storage group, together with the firm’s Phoenix office, brokered the sale of the 722-unit asset located in Mesa, Ariz.