West
Rexford Industrial Buys, Sells $136M in SoCal Assets
The standout of the three separate transactions is the addition of the fully leased, 695,100-square-foot industrial facility at 5300 Sheila St. in Commerce, near downtown Los Angeles.
KBS Inks 22 KSF Lease at San Jose Office Property
The firm secured a lease with accounting and consulting firm BPM to occupy space at its LEED Gold-certified, 309,255-square-foot office asset.
Orange County Industrial Portfolio Sells for $23M
Cushman & Wakefield has brokered the sale of a two-property portfolio located in Fullerton, Calif. The facilities are within the 47-acre master-planned Northpoint Commerce Industrial Park.
CBRE Hotels Taps New SVP
Cara Leonard will coordinate with existing team members in arranging financing for large institutional and middle market hotels and resorts.
CSM Completes Renovations for Portland Hotel
The 202-key Courtyard Portland Downtown Convention Center Hotel now features new seating, desks, dresser, carpet and wall coverings, among other improvements.
Hines Debuts Self-Storage Project
The company plans to develop several facilities across Arizona. Targeted locations include Tempe, Litchfield Park, Surprise, Scottsdale and Glendale.
Suburban Seattle Industrial Park Commands $13M
Colliers brokered the sale of the two-building Olympic Industrial Park in SeaTac, Wash., that changed hands in a 1031 exchange transaction.
Kidder Mathews Appoints New VP
Brad Van Blois, who is joining the San Francisco office, adds nearly 20 years of local commercial real estate experience to the firm’s roster.
Coachella Hotel Receives $8M Funding
The financing represents 15 percent of the total $51 million development cost for IHG-Hotel Indigo. Pace Equity secured the loan in partnership with Renew Financial.
JV Sells, Completes Renovations of Denver Adaptive-Reuse Project
The adaptive-reuse project is partly leased to Soledi U.S. and Design Wright Studio, and more than 28,000 square feet is currently available for lease.