West
Meridian Expands SoCal Portfolio
The company has added The Laguna, a 57,057-square-foot medical office building, to its portfolio, with plans to complete a $24 million renovation.
NKF Arranges North San Diego HQ Lease
Working on behalf CIRE Equity, Newmark Knight Frank secured a 41,000-square-foot lease in San Diego. Lighthouse Strategies will move into the new location this December.
Blackstone Affiliate Sells UT Retail Center for $33M
Newmark Knight Frank has completed the sale of Red Rock Commons, a 134,152-square-foot retail center in St. George, on behalf of Shopcore.
VanTrust Breaks Ground on Chandler Office Asset
Layton Construction Co. is developing the first phase of Chandler Corporate Center, a 114,000-square-foot office development in Chandler, Ariz. The property is scheduled for completion by June 2018.
Warba Bank Acquires New Englewood Office Asset
This is the third transaction that Bentall Kennedy has completed this year in its role as advisor to the Kuwaiti financial firm.
NKF Adds Executive VP to LA Office
The newest member of the LA team brings more than 20 years of experience in real estate valuation. Miles Loo Jr. specializes in data center valuation and recognized the impact that IoT would have.
Pacific Center Changes Hands in Torrance, CA
HFF worked on behalf of the seller, Stream Realty Partners, and procured the buyer. The class A office building currently has eight vacant spaces.
NKF Announces New Hires in Seattle
Charlie Farra and Matt Betterman, both of whom came from Colliers International, will focus on tenant representation in the downtown Seattle market.
HDR Opens New LA Studio
The architectural, engineering and consulting firm leased more than 25,000 square feet of office space in downtown Los Angeles. The company selected Usman Tariq to lead the new location.
Canyon Square Plaza Trades for $23M in Santa Clarita
Kimco Realty REIT sold Canyon Square Plaza to a private high-net investor. The occupancy rate of the property was 96 percent at the time of the sale.