West
Abbey Nails Down $229M Bridge Funding on Retail Portfolio
Represented by law firm Sklar Kirsh, the company recapitalized a 27-property portfolio in California. The assets total 2.1 million square feet of space scattered across Los Angeles, Orange, Riverside, San Bernardino, Fresno and Kern counties.
Etkin Johnson Secures $75M Refi Loan for CO Portfolio
HFF arranged the 10-year, sub-4 percent fixed-rate loan with MetLife to refinance five properties in the Colorado Technology Center.
LA Office Building Commands $196M
NKF Capital Markets represented Lincoln Property Co. in the sale of Wedbush Center, a 21-story tower at 1000 Wilshire in the city’s downtown.
DiamondRock Adds to Hotel Portfolio
The company purchased The Landing Resort & Spa, a 77-key luxury resort in Lake Tahoe, Calif., for $42 million.
BKM Capital Partners Buys San Diego Industrial Property
Situated in the Miramar submarket, Activity Business Center is a 160,943-square-foot industrial property. Cushman & Wakefield represented the seller, Lincoln Property Co.
Cohen Asset Management Buys $35M Phoenix Property
Living Spaces sold the 437,234-square-foot showroom and distribution center located on Interstate 10 in a deal facilitated by JLL Capital Markets.
Rexford Picks Up, Sheds CA Assets
The firm acquired an Inland Empire asset encompassing more than 200,000 square feet of industrial space, partially funding this by the sale of a creative office property.
Easterly Acquires Government Redevelopment Project
Upon completion later this year, FEMA will occupy the redeveloped Central Valley buildings’ more than 200,000 square feet of industrial space.
NCC to Lease NorCal Retail Space
The 4,310-square-foot street-level retail unit in Walnut Creek, occupied by a restaurant until last summer, sits beneath a 250-stall parking garage.
Caliber, Habitat Metro Acquire 8 AZ Assets
The new owners are planning to redevelop the downtown Mesa historic buildings, as part of the city’s revitalization project.