West
US Storage Centers Expands in Los Angeles
Cushman & Wakefield has brokered the sale of a 140,048-square-foot facility located in Commerce, Calif., a southeast suburb of Los Angeles.
Inland Buys Salt Lake City MOB
Located at 755 East 3900 South, the two-story building includes The Eye Institute of Utah and The SurgiCare Center of Utah.
Rexford Nabs $11M Inland Empire Industrial Asset
The company partially funded its acquisition with the sale of a six-building industrial park located in the area for approximately the same price.
Forest City Sheds 1.2 MSF Shopping Mall
The company sold the Los Angeles-area asset to QIC as part of a 10-mall portfolio transaction expected to close this year.
Friendly Hills Marketplace in CA Sells for $40M
CBRE and NRP-West brokered the sale on behalf of the seller, Oppidan Inc. CBRE has also arranged an acquisition loan for the buyer.
Large-Scale Industrial Project Breaks Ground in Phoenix
Irwin G. Pasternack AIA + Associates celebrated the start of construction for TEN Distribution Center 1, which is part of a planned $300 million, 3.6 million-square-foot industrial park.
Donahue Schriber Nabs San Francisco Retail Asset
The acquisition of the property, which serves three of the city’s neighborhoods, was funded by a mortgage held by TIAA.
BLT Enterprises Inks 3 SoCal Leases
Enterprise Rent-a-Car, NN Inc. and United Rentals Realty have signed industrial leases totaling more than 100,000 square feet in Irvine and Santa Monica.
DAUM Closes 200 KSF CA Industrial Lease
United Exchange Corp., a global manufacturer of consumer goods, signed an 87-month lease at a newly built warehouse in Rialto, Calif., and will be relocating from it’s Cerritos, Calif., facility.
REIT Gets SEC OK for St. Regis Aspen Resort IPO
Upon closing of the $33.5 million initial public offering, the company would become the first single-asset REIT to list on a U.S. securities exchange.