West
DTLA Creative Campus Lands $122M Financing
George Smith Partners and Dekel Capital arranged the equity-and-debt package for Urban Offerings and ESI Ventures. The sponsors will use the proceeds to develop a 250,000-square-foot Class A project in the city’s Fashion District.
OMP Signs Torani to 327 KSF in Bay Area
The 15-year lease, valued at $65 million, will lead to the company’s relocation out of South San Francisco into a new manufacturing facility.
STORE Capital Buys AZ, CA Assets for $21M
The two properties sold by Erickson Construction feature railroad spurs and are located near major thoroughfares. The transaction involved a lease contract for STORE Capital.
Hanley Arranges Sale of CA Fitness Center
The company brokered the sale of the 31,062-square-foot space occupied by In-Shape Health Clubs. The company represented the seller, a family trust, in the transaction.
KBS Signs 18 KSF Office Lease in Denver
A financial services company has renewed and expanded its lease in Granite Tower, a Class A downtown Denver office high-rise.
Vista Grows Silicon Valley Footprint With $113M Purchase
Cushman & Wakefield’s Northern California team marketed the property on behalf of the seller, The Carlyle Group.
Ventus Group to Develop $300M Mixed-Use Project
The 4.4-acre project will consist of 408 residential units, approximately 74,000 square feet of commercial space and a 298-key hotel. The residential component will also include 82 affordable units.
Irvine Co. Inks 222 KSF at CA Mixed-Use
Hitachi Vantara, a leader in internet of things, cloud and data-driven solutions, will relocate its headquarters to Santa Clara Square, occupying an entire building.
OC Office Tower Trades for $120M
NKF Capital Markets represented Ocean West Capital Partners in the sale of the Class A trophy property. The building is 99 percent occupied.
Sonnenblick-Eichner Arranges $110M Refi for SF InterContinental
The loan for the upscale 550-key downtown hotel was funded by a Wall Street investment bank. The first mortgage could be part of a trend toward more refinancings in 2018.