West
LA-Area Office Building Changes Ownership
CIM Commercial Trust is set to purchase The Union Bank of California Building in Beverly Hills, Calif. The 97,000-square-foot asset has not changed hands for more than 40 years.
Willmeng Begins AZ Charter School Expansion
The planned renovations include a new gym, new classrooms, additional parking and an updated storm drainage system, almost doubling the school in size.
HFF Arranges 16 KSF Retail Center Sale
Located in Oceanside, Calif., Quarry Creek Plaza is 92.6 percent leased and shadow anchored by Albertsons, PetSmart and Kohl’s.
Mid-Rise LA Office Building Changes Hands
Curo Enterprises sold a 74,000-square-foot office property in North Hollywood, Calif., to Swift Real Estate Partners. The transaction was subject to an $18.8 million acquisition loan.
Freedom Solar Signs Inland Empire Lease
Following the completion of extensive tenant improvement work, the company will move into its new space in March this year.
Meridian Taps New VP
Responsible for the company’s growing property management portfolio across Northern California, Linda Shoemaker-Haskins will also oversee capital and tenant improvements.
JLL Completes Office HQ Lease in Irvine
The company represented both the tenant, Xponential Fitness, and the landlords, Hines and PIMCO, in the transaction. The space leased will serve as the tenant’s corporate headquarters.
HFF Closes Financing for 7-Building Denver Industrial Park
The company placed a $11.2 million acquisition loan on behalf of the borrower, The Bendetti Co. The property is situated 23 miles from Denver International Airport.
CenterPoint Increases Bay Area Footprint
The company’s latest acquisition, a nearly 200,000-square-foot rail-served industrial property, sits near the entrance to the San Mateo-Hayward Bridge, enabling convenient access throughout the Bay Area.
JV to Build $1.2B Angels Landing High-Rises
Three companies have teamed up to develop the mixed-use project planned for the 2.2-acre site on L.A.’s Bunker Hill. The towers are expected to be among the tallest in all of the western U.S.