West
MGM Resorts Bets on 100MW Solar Array
Located 25 miles north of Las Vegas in the Dry Lake Solar Energy Zone, the solar project will provide as much as 90 percent of daytime power to MGM Resorts’ properties on the Strip.
Terreno Expands WA Portfolio With $6M Industrial Buy
The property is located a 20-minute drive south of downtown Seattle. The asset comprises a distribution facility and 42 parking spaces.
LA-Area Retail Property Receives $8M Loan
The two-story building is located in the Platinum Triangle area of Beverly Hills and will temporarily host Madeo restaurant, a hotspot for celebrities.
The Woodmont Co. Hires New SVP in California
Emily Iseminger brings 30 years of experience in retail real estate to her new position. She will assist the firm’s activities on the West Coast.
GSP Arranges Acquisition Loan for Silicon Valley Office Property
Working on behalf of Vahe Tashjian of Dutchints Development, the firm secured financing for 24 months at an 85 percent loan-to-purchase price.
Pacific Industrial Acquires OC Industrial Facility
Voit Real Estate Services represented the buyer in the off-market purchase of the two-building, 157,204-square-foot property adjacent to John Wayne Airport in Costa Mesa.
Pacific Southwest Realty Services Closes $44M SoCal Financing Deal
The high-leverage, non-recourse loan has a floating interest rate and a flexible prepayment structure which includes a $3.2 million reserve.
KBS Signs 60 KSF Leases at CA Office Park
The landlord bolstered The Towers at Emeryville’s notable tenant roster with the addition of two law firms and a software company.
Aurora Medical Campus Reaches Full Occupancy
Children’s Hospital of Colorado has leased 105,806 square feet in the medical office building owned by Northstar Commercial Partners.
SunCap Breaks Ground on AZ Industrial Asset
Twenty-one percent of the 134,358-square-foot Gilbert Spectrum Building One has been pre-leased to SDHQ Off Road. The property is scheduled for completion by the second quarter of 2019.