West
Caesars, VICI Close $1.1B Harrah’s Sale-Leaseback
The deal paves the way for Caesars to develop a new convention center and partially funds the firm’s previously announced acquisition of Centaur.
Two-State Industrial Portfolio Commands $40M
BPP Pacific sold the assets located across Arizona and Colorado in a deal facilitated by JLL. The properties are 92 percent leased to 17 tenants.
Douglas Emmett Snags $144M Beverly Hills Office
Home to several health-care businesses, the 146,300-square-foot building is located at 9401 Wilshire Blvd., at the corner of Wilshire and Canon in the Beverly Hills Golden Triangle.
Southern CA Office Campus Lands Tenants
The OPEN campus features three office buildings and two retail buildings and is expected to begin welcoming new tenants in spring 2018.
Seattle Office Tower Trades for $268M
Japanese investment firm Takenaka Corp. is the new owner of the 11-story Tilt49 office building in the Denny Triangle, a key location for the city’s office, tech and life sciences industries.
LeaseWeb Signs Phoenix Wholesale Deal With H5
The Tier III, purpose-built facility boasts a 100 percent uptime track record since its initial deployment. It is located in Chandler’s growing tech corridor.
Jackson Lewis Expands CA Footprint
The 507,264-square-foot office tower was designed by Hellmuth, Obatta & Kassabaum in 1992. NKF Senior Managing Director Dan Chamberlain represented the law firm in the expansion.
NoHo Office Asset Lands $68M in Financing
Developed in 2009 by J.H. Snyder Co., Lankershim Plaza is a nine-story, LEED Gold-certified building with an adjacent six-story, 723-space parking garage.
Matthews Brokers Sale of OC La-Z-Boy
The nearly 20,000-square-foot, single-tenant retail asset was sold at the full asking price to a buyer involved in a 1031 exchange.
Greater-LA Office Building Commands $117M
Olive Hill Group is the new owner of 520 Broadway, a rare Class A asset situated in an extremely supply-constrained area of downtown Santa Monica, where demand and rents will continue to rise over the next several years.