West
PacSun Global HQ Building Changes Ownership
The 181,000-square-foot, build-to-suit office building will continue to serve as global headquarters for Pacific Sunwear. This is Hines and Oaktree’s ninth acquisition in the North Orange County submarket.
Muller, Cerberus Recapitalize OC Portfolio
The portfolio includes three class A office buildings totaling 841,036 square feet, located in Irvine, Orange and Santa Ana, Calif.
HFF Arranges Colorado Retail Sale
Brookhill Towne Center sits on approximately 8.5 acres. The retail center is 81.5 percent leased to three tenants: Fruehauf’s, Guiry’s and Dollar Tree.
Asian Investors Flock to Downtown LA
Mega-luxury projects are taking shape in the area, helping revitalize the city. But some executives at the 2017 ULI Fall Meeting expressed concern about the potential for oversupply.
HMC Awarded Management of ABQ Hotel
The 104-key Holiday Inn Express Albuquerque is now part of the growing number of hotels that Hospitality Management Corp. operates.
SoCal and What’s Next for Industrial Real Estate
Why Southern California offers lessons about the challenges and opportunities of meeting the nationwide demand for distribution space.
Terreno Arranges 100 KSF San Leandro Lease
The company facilitated a 120-month lease of two industrial assets spread over more than eight acres, to a third-party logistics provider and an equipment rental company.
Raytheon Opens 3rd ABQ Facility
The new 72,000-square-foot building will support key missions for the U.S. military and coalition partners. The expansion is slated to bring 60 high-tech manufacturing jobs to New Mexico.
SVN Sells Westlake Medical Office
Located in the heart of Westlake Village, Calif., the 29,783-square-foot medical building was sold for $8.9 million. The Pacific Bridge Team arranged the transaction.
Swig Co. Sells SF Office-Industrial Asset
In recent years, the 50,000-square-foot building underwent interior renovations, including aesthetic upgrades and efficiency improvements.