West
Hilton City Center Opens in Mile-High City
The 316-key property was renamed after a $27 million renovation. Previously known as Marriott Denver City, the 20-story building is the metro’s third-largest hotel.
Private Investment Group Snags Denver Office Asset
Red Tail Acquisitions sold Belcaro Place, a 154,000-square-foot property, to private investment group F6F. The property was 97 percent occupied at the time of sale.
Waste Management Relocates Phoenix Branch
The environmental services firm will move its local branch to Union Hills Office Plaza by the end of the year. Waste Management selected Perkins+Will to design its new location.
Laurus Corp. Unveils CO Resort After $60M Renovation
The former Vail Cascade Resort and Spa will be the first ski destination in North America to join The Luxury Collection’s portfolio.
Essendant Signs 405 KSF Lease in the Central Valley
The build-to-suit industrial lease expands the company’s local and regional fulfilment capabilities. The facility is expected to be operational by the second quarter of 2018.
Downtown Seattle Office High-Rise Changes Hands
Union Investment sold the 20-story Millennium Tower, which also includes high-end condo residences. The property last traded in 2003, for $64.8 million.
New JV to Build 120 KSF CA Self-Storage Facility
A joint venture of Miami City Self Storage and Cypress Equity Investments will develop its first facility in Inglewood, Calif. Self-storage lending REIT Jernigan Capital has invested $28.7 million in the project.
Westcore Properties Nabs Industrial Portfolio in San Bernardino, CA
The two fully leased properties in the booming Inland Empire industrial market add to the company’s growing industrial footprint in the region.
Reno Distribution Center Changes Hands
JLL’s Capital Markets represented California State Teachers’ Retirement System and Panattoni Development Co. in the sale of a 423,001-square-foot Class A industrial property to LBA Realty.
Hospitality Ventures Completes Phoenix Hotel Renovation
The Embassy Suites by Hilton Phoenix North has opened its doors north of the city center, following extensive renovation work.