West
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.
$150M LA Mixed-Use Project Breaks Ground
Situated in the heart of Santa Monica, The Lincoln Collection is a four-story mixed-use project featuring 25,000 square feet of street-level retail amenities.
JV Acquires Phoenix Office Asset
Totaling more than 250,000 square feet, the three buildings in the city’s Black Canyon Corridor submarket fetched a sale price of nearly $35 million.
CBRE Global Investors Taps New Senior Managing Director
Scott Spalding will be responsible for business development with financial intermediaries and investment advisors who assist high net worth investors.