West
Residence Inn Salt Lake City Opens Doors
The 99-key Residence Inn Salt Lake City – West Jordan has opened its doors. Utah Hospitality of Aberdeen, S.D., will manage the property.
NKF Arranges Sale of San Diego Industrial Portfolio
Colony Capital sold a two-property industrial portfolio in central San Diego, comprising more than 132,000-square-foot.
$1B University of Oregon Science Campus Unveiled
The project is being designed by Bora Architects and Ennead Architects. Groundbreaking on the $225 million, 160,000-square-foot first phase is scheduled for early February 2018.
South SF Office/R&D Campus Welcomes New Tenant
Corbion will move into the South Tower of Genesis, a two-building research and development/office campus in South San Francisco, at the beginning of November. The new tenant will relocate nearly 50 employees.
ARA Brings Senior Director on Board in LA Office
Industry veteran Doug Vikser will spearhead the company’s capital markets team while focusing on originating structured debt and preferred equity investments.
NKF Arranges Sale of South LA Office Campus
Wilshire Capital Investments acquired The Knox, a 108,000-square-foot office campus in Torrance, Calif., from Ruth Group. At the time of sale, the asset was 98 percent occupied.
C&W Upgrades its Portland Office
Completed in 1973, 200 Market is managed by Russell Development and Cushman & Wakefield. Both companies have offices within the building.
Apple Hospitality Acquires Two Marriot Hotels
Purchased for $81 million, both Residence Inn assets feature a total of 315 keys. The transaction brings the company’s portfolio to 238 hotels, with more than 30,000 keys.
San Diego Luxury Hotel Lands $85M Bridge Financing
Located in the city’s historic Gaslamp Quarter, the 317-key property is close to the San Diego Convention Center and Petco Park.
LA-Area Retail Center Sells for $38M
Weingarten Realty sold the 92,000-square-foot retail asset. More than half of its tenants are entering their 22nd year of contract. NKF represented the seller.