West
WoodSpring Debuts Extended-Stay Hotel in WA
The recently opened WoodSpring Suites Seattle Redmond expands the brand’s presence in the Seattle area, providing 120 suites with in-room kitchens.
NKF Capital Markets Brokers 133 KSF LA Office Building Sale
TH Real Estate acquired a 133,000-square-foot office property in Westlake Village, Calif. At the time of sale, the two-story asset was 91 percent leased.
Luxury Ski Resort in Utah Scores $60M Refi
The loan will also cover the facility’s expansion, which is expected to begin later this year or in early 2019.
Hines Nabs Industrial Space in Tight SoCal Market
The firm intends to implement a robust improvement plan, looking to position the site as a facility for last-mile distribution or traditional manufacturing and warehouse tenants.
Meridian Buys 3-Asset MOB Portfolio in LA
The project also includes the repurposing of an existing, two-story 8,280-square-foot building into a new single-story 9,200-square-foot Type V-A ambulatory, outpatient clinic.
Sacramento Office Market Gains Momentum
The sector is picking up, fueled by recovering office-using industries, growing demographics and increasing leasing activity, Yardi Matrix data shows.
New Fairfield Inn & Suites Opens in ABQ
Located 10 miles from Albuquerque International Sunport and five minutes from downtown, the property operates under the Marriott umbrella and is being managed by Sun Capital Hotels.
NKF Appoints Market Leader in Phoenix
Mike Garlick is now in charge of the Phoenix office’s overall strategy. He holds over two decades of experience in commercial real estate and has a good connection with the Phoenix brokerage community.
Companies Compete for Space in Denver
Led by technology, telecommunications and energy, businesses are expanding across the metro, intensifying competition for office space in both the CBD and the suburbs.
Shorenstein Snags US Bank Tower in Sacramento
With help from JLL, a joint venture between David S. Taylor Interests and Britannia Pacific Properties sold the 25-story Class A office high-rise at 621 Capitol Mall.