West
Stockdale Secures New Lease at Scottsdale Galleria
Indeed Inc. is expanding its Phoenix-area footprint, having signed for 53,000 square feet at the LEED-certified office property. The building recently underwent a $7 million renovation.
Grandbridge Secures $65M Hotel Refi
The permanent, fixed-rate loan was funded through one of Groundbridge’s insurance company correspondents. The hotel is in close proximity to the Boulder Municipal Airport.
HFF Brokers Suburban LA Shopping Center Sale
Located in Burbank, the 165,500-square-foot Plaza Del Sol’s unique mix of property types, full tenant roster and desirable ethnic grocery anchor proved a strong draw for investors.
Dermody Snags Seattle-Area Industrial Complex
The firm acquired the three-building property as well as 18 acres on which an additional warehouse will be built. Meridian Campus Corporate Park’s location is considered ideal for expedient distribution to the Northwest’s major population centers.
Rising Sea Level and RE: How Serious Is its Impact on CA’s Coastline?
Drawing on a full-service land use and real estate development practice, Cox, Castle & Nicholson Partner Stanley Lamport talked to CPE about the impact of accelerated sea level rise and global warming on California’s real estate industry.
Savills Studley Inks New Office Lease
The commercial real estate services firm moved just up the street from its current location in downtown Denver, taking 8,500 square feet at 1125 17th St., a Class A tower co-owned and managed by Hines.
Harbor, Goldman Sachs Close Denver Off-Market Transaction
The deal represents the ninth value-add office acquisition for Harbor in the last two years and is the firm’s first building in the Denver market.
Vantage Adds 9MW to Santa Clara Campus
The data center company will continue expanding its Santa Clara presence. In addition to the newly completed V6, another building is slated for completion in 2018, as well as a new campus.
BlackRock Sells LA Office
Eastdil Secured represented the seller of Pacific Corporate Towers, a three-tower office building in El Segundo, Calif., which an institutional investor purchased.
The Story of a Local Lender With Double-Digit Yields
Broadmark Capital’s president discussed the lending market, its challenges and how the company managed to maintain average annualized returns of 11 percent or more since its inception in 2010.