West
Great Hearts to Open New Academy in Phoenix Area
Great Hearts has purchased a office/warehouse property in North Scottsdale, Ariz., with plans to open a new campus for the 2018-2019 school year.
Transwestern Renews Lease at Fullerton Industrial Park
CJ Foods renewed its 127,375-square-foot lease at the Class B industrial facility. Transwestern brokered the transaction on behalf of the owner, Bailard.
Matrix Group Sells CO Office Campus
Kaiser Permanente purchased Waterpark II and III, giving the company full ownership of the Waterpark Campus in Aurora, Colo. Transwestern’s Denver Capital Markets team advised the seller in the transaction.
NBC Sports Bay Area Renews San Francisco Lease
The company will continue to occupy 44,000 square feet at Kilroy Realty’s 360 Third St. property, located in the city’s South of Market district.
Tru by Hilton Opens in Vegas
The property is currently the largest hotel under the Tru brand. It is owned by the United Brotherhood of Carpenters and managed by Prism Hotels & Resorts.
Santa Clarita Mixed-Use Lands $21M
Buchanan Street Partners provided the construction loan for Newhall Crossings, a mixed-use project featuring 47 apartment units and 20,167 square feet of retail space.
Lee & Associates Facilitates Warehouse Sale in AZ
Upon closing, 13,640 square feet were vacant, but have since been leased. BGP Designs occupies more than half of the 35,500-square-foot building, which changed hands for $3.5 million.
EastGroup to Develop 98 KSF Industrial Facility in Phoenix
EastGroup Properties aims to attract multiple tenants, appealing to the area’s diverse industry profile. The property is situated at 3110 N. Greenfield Road, near major thoroughfares.
Oilfield to Hold California’s Largest Solar Project
Aera Energy and GlassPoint Solar will deliver the first-ever solar project to power oilfield operations. Located in the San Joaquin Valley, the 850-megawatt project is estimated to save more than 376,000 metric tons of carbon dioxide emissions per year.
Capital Square Buys CA MOB
The company acquired the asset on an all-cash, no-debt basis, as part of a Delaware statutory trust offering primarily for investors structuring Section 1031 tax-deferred exchanges.