West
South Bay Office Building Changes Hands
PCCP LLC has provided a $29.1 million senior loan for the purchase of a nearly 89,000-square-foot, eight-story office building near the LAX Airport.
San Diego Park Breaks Baseball’s Solar Record
The San Diego Padres are going solar with the installation of a 336,520-watt Sullivan Solar Power system at Petco Park. Work is scheduled to be completed by March, prior to opening day.
Central Valley Shopping Center Fetches $6M
Colony Plaza, anchored by a Save Mart grocery store, is 92 percent leased to tenants such as H&R Block, Supercuts and Country Skillets.
Menlo Equities Sells 239 KSF Portland Office Asset
An institutional investor purchased One Pacific Square. NW Natural recently announced plans to relocate its headquarters from the 239,000-square-foot office tower.
Transwestern Closes $25M Sale of Mixed-Use Denver Asset
Allante Properties sold Highland Place, a 54,557-square-foot property consisting of 68 units and five retail stores. Denver Regional Investment Properties LLC acquired the asset.
CAI to Develop Mixed-Use Retail in Vegas
The developer of the upcoming shopping center has already signed pre-leases with national tenants, and plans to re-sell or develop the remaining square footage.
JLL Phoenix Office Lands New Leadership
Pat Williams, the newly appointed senior managing director & office leader, has been with the team for almost two decades. He was one of the founding members of Staubach Co.
Caliber to Develop Tucson Convention Center Hotel
The company partnered with Rio Nuevo, a municipal stadium and special taxing district, for the currently unbranded hotel. Construction is expected to begin later this year.
DAUM Directs Lease of Inland Empire Warehouse Facility
The company worked on behalf of the lessor. The new tenant, Sunshine Metals Inc., is relocating from nearby Orange County.
Skanska Names New EVP
Bringing 30 years of experience to the company, Gordon Childress will oversee all the firm’s construction activities in Northern California.