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Accelerated Schools Opens LA’s First Dual Language Campus
The Spanish/English school, dubbed The Accelerated Charter Elementary School, includes 100,000 square feet of new school improvements, as well as 19,000 square feet of play and outdoor teaching space and more than 11,000 square feet for a multipurpose room.
CBRE Secures $43M San Diego Acquisition Financing
Swift Real Estate Partners purchased 530 B from Bosa Development. The seven-year, interest-only loan will provide funds for capital improvements, leasing commissions and tenant improvements.
Brennan Buys Multi-State Industrial Portfolio
The purchase of three properties in Chicago, Indianapolis and Bakersfield, Calif., caps a busy year for the group, which now owns more than 28 million square feet of space in 23 states.
Hanley Brokers Well-Anchored Retail Center Deal
The 42,134-square-foot shopping center is located in Santa Clarita, Calif., and boasts a 96 percent occupancy. The anchor tenant is a CVS store with a stand-alone drive-thru pharmacy.
Robust Development, Insatiable Demand in Seattle
The metro has been one of the strongest rental markets during the current cycle. Over the last five years, average rents have risen nearly $500 to $1,770.
College Adds to Solar System with Combined Solar and Storage
Santa Rose Junior College selected SunPower to deploy a fully integrated solar and storage project to add to its existing 77-kilowatt system that has been operating since 2007 atop the Frank P. Doyle Library.
Modera South Lake Union Awarded LEED Silver
The seven-story luxury apartment community is the first Mill Creek Residential property in Seattle to be awarded LEED certification.
Work Begins on Albuquerque’s Snow Heights Promenade
Snow Heights Promenade will feature a $45 million Entertainment Lifestyle center consisting of more than 127,000 square feet of retail space connected by an Entertainment Sound Stage placed in the center of the promenade.
Phoenix-Area Self-Storage Assets Find Out-of-State Owner
Marcus & Millichap’s The Mele Group arranged the sale of a 608-unit self-storage portfolio, offering 86,963 square feet of rentable space. The two facilities offer value-add opportunities.
Kor Group, Goldman Sachs Team Up for LA Hotel Buy
The 250-key Custom Hotel is the only lifestyle boutique near Playa Vista and Los Angeles International Airport. The companies have two other hotels in the pipeline, scheduled to open in 2019.