West
Murphy Development Inks 386 KSF in San Diego
The company secured five different leases at the 542,197-square-foot Campus at San Diego Business Park and the 2.1 million-square-foot Siempre Viva Business Park, both in Otay Mesa.
Hines to Renovate Phoenix Office Campus
The company plans to invest up to $1 million to upgrade the exterior of 24th at Camelback, a 627,000-square-foot office complex. The refurbishment is scheduled for completion by the end of the year.
Gramercy JV Buys 280 KSF Inland Empire Office Building
Working on behalf of Founders Properties, NKF brokered the sale of Northpointe in San Bernardino. TPG Capital teamed up with Gramercy Property to purchase the five-story asset.
Piper Jaffray Renews Lease, Relocates to AZ Camelback Esplanade
Lee & Associates brokered the 3,900-square-foot renewal, relocation and expansion for the lessee. CBRE worked on behalf of LBA Realty, the landlord.
Phoenix Industrial Asset Trades for $7M
The 86,000-square-foot distribution building is situated near Interstate-10 and Route 202. Axus Technologies occupies 23,000 square feet at the facility.
Hawaii’s Largest Office-Industrial Park Lands $165M Financing
Working on behalf of AIPA Properties, Sonnenblick-Eichner secured the 15-year, fixed-rate loan for Airport Industrial Park, a 1.3 million-square-foot mixed-use complex in Honolulu.
Pollack Realty Lands $26M for CA Boutique Hotel
HALL Structured Finance secured the first lien construction loan for the Park James Hotel in Menlo Park, Calif. The 61-key boutique hotel is scheduled for completion in May 2018.
MCR Buys 2 Salt Lake City Marriott Hotels
The company has purchased the 97-key Marriott Courtyard Lehi and 94-key Marriott SpringHill Suites Lehi for a combined $27.5 million.
Genera Inks 211 KSF Lease in Fontana, CA
Kidder Mathews and Paladin Partners represented Genera Corp. in the deal. The company has leased Bolger Business Center for 10 years.
Simon Breaks Ground on Denver Premium Outlets
The company has begun work on its 92nd Premium Outlets destination. The property will be the only outlet center serving the north side of Denver.