West
Sares Regis to Redevelop Former Toyota HQ
The 110-acre property is home to more than 2 million square feet of office and industrial space in Torrance, Calif., including special amenities such as a data center, hydrogen fueling stations and helipads.
Prologis Sells Iconic San Diego Asset
Voit Real Estate Services arranged the sale of the 102-year-old Sante Fe Depot, which offers mixed-use development opportunities. Heritage Architecture & Planning will be in charge of restorations.
Hines, Goldman Sachs Pick Up OC Office Park
Two years after Hines and a subsidiary of a fund managed by Oaktree Capital acquired 4000 MacArthur in Newport Beach, Calif., the firm joined forces with an affiliate of Goldman Sachs to own and manage the property.
Trammell Crow Kicks Off 500 MSF Oakland Industrial Complex
The developer teamed up with Principal Real Estate Investors for the construction of San Leandro Business Center, a three-building spec project in San Leandro, Calif.
Phoenix Industrial Asset Reaches Full Occupancy
JLL signed new tenants InVue and Aquafil, bringing Colony NorthStar’s industrial portfolio to full occupancy. The market’s record-low vacancy and all-time high absorption rates made for an attractive investment opportunity.
First Phase of Bakersfield Commons to Start in 2018
World Oil Corp., which owns the site, chose Trammell Crow Co. to be the master-developer of the project that will feature residential, retail, industrial and office space along with a luxury theater and hotel.
USAA Phoenix Master-Planned Community Breaks Ground
The upscale 400-acre community will feature entertainment, shopping and dining options to its residents. USAA Real Estate expects to finish the first phase within one year.
Meridian Expands SoCal Portfolio
The company has added The Laguna, a 57,057-square-foot medical office building, to its portfolio, with plans to complete a $24 million renovation.
NKF Arranges North San Diego HQ Lease
Working on behalf CIRE Equity, Newmark Knight Frank secured a 41,000-square-foot lease in San Diego. Lighthouse Strategies will move into the new location this December.
Blackstone Affiliate Sells UT Retail Center for $33M
Newmark Knight Frank has completed the sale of Red Rock Commons, a 134,152-square-foot retail center in St. George, on behalf of Shopcore.