West
Cress Capital Snags CO Office Asset
In a partnership with Revesco Properties, the firm invested $16.6 million in acquiring Orchard Pointe, an office building in the Denver Technology Center, located in Greenwood Village.
PCCP, Panattoni Form JV for Seattle Warehouse Construction
Glacier Peak will be built on a 10-acre site on Riverside Road, in a business park located near an Interstate 15 interchange and Boeing’s primary assembly plant.
Central OR Resort Trades for $12M
KDG Capital acquired the Eagle Crest Resort, which includes a 100-key resort hotel situated on more than 1,700 acres of land.
Brokers+Engineers Opens San Francisco Location
The company’s California location is the newest addition to its current offices in New York and Tampa. Brokers+Engineers tech products include predictive pricing and 1031 tax advisory to exchangers.
Aloft Hotel Receives $18M Construction Loan
Developed by Michael Tchakmakjian, the new 85-key hotel will be located in Glendale, Calif. and is expected to open in May 2019.
Public Storage Expands CA Portfolio
The company has opened a 350-unit self-storage facility in Gardena, Calif. The property will serve the nearby South Bay cities as well.
Magellan Completes $375M Investment Strategy
The company sold two Commerce, Calif. industrial properties for a total of $77.6 million, finishing off its three-year investment, development and disposition value-add plan.
4,000-Key Resort Planned for Dormant Vegas Site
The 25-acre parcel that has been home to the remnants of the unfinished and ill-fated Fontainebleau casino hotel project for nearly a decade will finally come to life as The Drew Las Vegas.
Seattle Mid-Rise Lands $82M Refi
HFF arranged the loan for the 182,346-square-foot, Class A property on behalf of Urban Visions. 200 Occidental is located in the Pioneer Square submarket of the metro.
Capstone Equities Snags Little Tokyo Office Asset
Charles Dunn Co. negotiated the sale of the 55,000-square-foot building that serves as the Federal Public Defenders’ Los Angeles office.