West
177 KSF San Diego Office Asset Lands Refi
Working on behalf of Cruzan, CBRE secured a $41.2 million senior loan for the refinance and lease-up of creative office asset Make in Carlsbad, Calif.
Vornado Sells LA Office Asset for $148M
The company sold 800 Corporate Pointe, a four-story, 245,786-square-foot building in Culver City, Calif., to Northwood Investors. NKF’s Capital Markets team represented the seller in the transaction.
Clarion Partners Lands $105M for LA Industrial Facility
HFF arranged a floating-rate loan with a foreign bank for The Brickyard, a two-building, one million-square-foot property located in Compton, Calif.
Topson Downs Leases 443 KSF Inland Empire Warehouse
DAUM Commercial Real Estate Services represented the tenant in the transaction. The 10-year lease was completed for a total consideration of $30 million.
Stirling Development Hires New OC Director
Meet Gordon Cope, the company’s new director of financial planning & accounting. In his new role, Cope will focus on budgeting, tax planning and financial review for Stirling’s business activities.
Howard Hughes Unveils Las Vegas Ballpark Plan
The company will develop the stadium at its Summerlin master-planned community. The venue will serve as the home of the Las Vegas 51s baseball team, which is also owned by HHC.
Dropbox Inks Largest Single Office Lease in San Francisco
Kilroy Realty signed the global collaboration platform company to the 750,000-square-foot development, the largest deal of its kind ever executed in the Bay Area.
Phoenix Ritz-Carlton Hotel and Residences Lands $282M
HFF arranged a $210 million senior land and construction loan with Bank of the Ozarks, as well as $72 million in mezzanine financing with Starwood Property Trust Inc.
Arch Street Closes Salt Lake City FBI Office Sale
The 169,542-square-foot mission critical facility is 100 percent leased to the United States General Services Administration on behalf of the FBI.
Eric Paulsen Takes on Leadership Role at Cushman & Wakefield
The real estate veteran, with 30 years of experience, will lead the Orange County and Inland Empire offices. His responsibilities include overseeing the strategic focus, growth and talent management.