West
Alexander & Baldwin Takes 3 in Hawaii for $254M
Terramar Retail Centers disposed of three newly constructed retail centers, totaling 391,000 square feet. As part of the transaction, A&B also assumed $62 million in mortgage debt.
Hudson Pacific Inks 102 KSF Hollywood Lease Renewal
Trailer Park, a full-service agency specializing in content creation and entertainment marketing, has signed a 10-year lease renewal at 6922 Hollywood Blvd., and plans to renovate the space to accommodate for company growth.
Investcorp, Schnitzer West Refinance Seattle Office Tower
The local HFF debt placement team worked on behalf of the joint venture to secure the $170 million loan through HSBC.
Retail Property in Luxe Ski Town Trades for $28M
Florida-based Consolidated-Tomoka’s acquisition of an Aspen, Colo., property coincided with the execution of a 20-year, triple-net master lease.
Level 3 Construction Completes LA Hotel Renovation
Holiday Inn Express West Los Angeles has undergone a $4 million renovation and was remodeled to fit the new Formula Blue design.
Meridian Completes San Francisco MOB Construction
Situated in the Valley’s medical corridor, the 10,000-square-foot property was built in six months. Harriman Kinyon Architects designed the building.
150 KSF Denver Office Project Breaks Ground
Goff Capital Partners’ Platte Fifteen, planned to encompass roughly 136,000 square feet of office space above street-level retail, is anticipated to open in fall 2019.
EverWest Disposes of Denver-Area Mixed-Use Asset
HFF has facilitated the sale of the Louisville office and retail center located 23 miles north of the metro core.
Hyatt to Shed 3 Properties in $1B Deal
The sale of Grand Hyatt San Francisco and two resorts to Host Hotels is tied to the company’s sell-down and asset-recycling programs. Hyatt will continue to manage all three assets.
Oil Manufacturer Inks 55 KSF CA Lease
The firm, Sunset Olive Oil, will create 20 jobs through at its facility in Montebello, Calif. DAUM Commercial has arranged the leasing transaction on behalf of the landlord, Emery Investments.