West
69 KSF Office Asset Trades in Seattle
Quadrant Co. built Quadrant I-5 Corporate Park in 1999. JLL worked on behalf of the seller to arrange the $12.5 million transaction.
Creative Office Building Underway in West LA
Expected to be completed in the first quarter of 2019, Expo Station is an 80,000-square-foot transit-oriented development. The asset will feature three levels of creative office space and a two-level parking structure.
Orange County Business Campus Trades for $106M
Greenlaw Partners and Westbrook Partners acquired Centerpointe La Palma, a 10-building, 525,560-square-foot business park in La Palma, Ca. At the time of sale, the asset was 89 percent leased.
Evocative Inks Lease for 42 KSF LA Data Centers
The company joins the tenant roster at West 7 Center, a nine-story data center facility in downtown Los Angeles. Rising Realty Partners signed Evocative to a long-term lease for 42,000 square feet, which will house the company’s first data centers in L.A.
Dual-Branded Marriott Hotel Debuts in Denver
White Lodging Services Corp. own and manage the 272-key Le Meridien and the 223-key AC Hotel by Marriott, located in the city’s business district.
Creative Office Sells for $31M in Santa Monica, CA
The Class A+ property traded for one of the highest prices per square foot ever recorded outside of New York City. The deal reflects the increasingly competitive commercial market in Santa Monica, Calif.
NKF Brokers Sale of South LA Office Building
Miramar Property Group acquired a 75,711-square-foot property in Torrance, Calif., from Continental Development Corp. The asset is fully leased to Unify Financial Credit Union.
Stream Expands Property Management Portfolio
Stream Realty Partners’ Mike Adams and Blaine Annett will lead leasing efforts at 199 South Los Robles in Pasadena, Calif. Jennifer Costa and Tania Chavez will be in charge of managing the property on behalf of the owner.
Meridian Buys AZ Medical Center for $5M
The historic Lois Grunow Memorial Clinic in Phoenix traded for $5 million in a deal brokered by Avison Young. Meridian plans to re-tenant the property and make it ADA-compliant.
Introducing Irvine’s Tallest Office Tower Yet
Developed in less than two years, 400 Spectrum Center overlooks Orange County from 323 feet in the air—just a few inches more than its sister building, 200 Spectrum Center.