West
ORION Facilitates Phoenix Office Property Sale
The seller, Republic West Remodeling, will continue to occupy part of the building, while the remaining space will be leased out to a new tenant.
Kidder Mathews Names New Inland Empire SVP
The company expanded its capabilities in the region by tapping Bob Woods, the new SVP having more than 25 years of specialized industrial real estate experience.
Gladstone Expands Office Portfolio With $38M Buy
The company’s most recent acquisition involved two fully leased properties located in Columbus, Ohio, and Salt Lake City. Both assets were completed in 2007.
Western National Kicks Off Construction at San Jose TOD
The Platform, a 551-unit community, will be part of the 120-acre Market Park. The development will be located within walking distance of an upcoming BART station.
RCG Ventures Nabs 471 KSF Idaho Retail Center
Nampa Gateway Center is situated on 78.8 acres along Interstate 84 at Garrity Boulevard, with a traffic count of roughly 112,600 vehicles per day.
NKF Brokers South Bay Office Asset Sale
Miramar Capital purchased a 124,000-square-foot office building in Redondo Beach, Calif., from Gramercy Property Trust. At the time of sale, the asset was 58 percent occupied.
NCC Closes $33M Sale of Sacramento Retail Center
With a 98 percent occupancy rate, Laguna Village Investors LLC bought the 15-acre asset anchored by Regal Cinemas and 24 Hour Fitness.
San Jose Office Tower Lands $200M
NKF Capital Markets arranged the acquisition financing on behalf of Lane Partners for HQ@first, a 603,666-square-foot, three-property creative office tower.
Microsoft’s New SV Campus Aims for Maximum Green
The major facility now under construction could be the first tech campus to achieve net zero, non-potable water use. Moreover, the buildings will be designed to meet LEED Platinum certification and will feature solar panels, a “living” roof and more.
Inland Empire’s Road to Recovery
Office leasing activity was solid in all submarkets, with nearly 1.5 million square feet leased across the metro. Roughly 200,000 square feet of space is scheduled to come online by year-end.