West
Partners Capital Buys Industrial Asset in 1031 Exchange
The purchase of the fully-leased 92,000-square-foot asset in San Bernardino, Calif., for nearly $8.7 million, marks the company’s sixth industrial acquisition in the past 18 months.
Westcore Buys Vancouver Business Park for $39M
The EastRidge Business Park, consisting of 25 free-standing retail, office and light industrial buildings, marks the company’s first foray in Greater Portland.
BGL Expands SoCal Presence
Joshua Rees joins the firm’s national health care real estate group in its newly opened office in San Diego, which replaces its location in Irvine, Calif.
Marcus & Millichap Hires Retail SVP
Scott Hook rejoins the firm’s Newport Beach, Calif., office, following more than two decades with the firm. He will focus on retail transactions throughout the western U.S., with an emphasis on Southern California.
RAF Pacifica to Develop Carlsbad Distribution Facility
The Class A project for San Diego Hat Co. is slated for completion in the second quarter of 2018. The developer has more than 750,000 square feet of Class A industrial creative space under construction in this submarket.
Voit Facilitates $19M San Diego Flex/Office Sale
The new owner of the portfolio, consisting of a 37,000-square-foot office building and a 103,470-square-foot industrial building, plans an extensive renovation and repositioning of both assets.
ABQ Embraces Live-Work-Play at Lobo Rainforest Building
A $35 million, 160,000-square-foot mixed-use building replaced the old First Baptist Church site and will house students, Innovate ABQ tenants and UNM’s Innovation Academy.
North SF Office Asset Changes Hands
Sunhill Enterprises LP purchased a 16,900-square-foot office building in San Francisco’s North Beach neighborhood. The property features upgraded and newly remodeled second and third floors.
NewMark Merrill Adds New VP
The shopping center owner and manager hired Quang Nguyen as vice president of marketing and technology. Nguyen brings 17 years of experience to the company.
Shea Nabs 7 Leases at San Diego’s Mercado del Barrio
The new leases totaling 15,600 square feet bring the occupancy of the retail section of the project to 93 percent. The $80 million development was created in 2013 to help revitalize and preserve Barrio Logan’s cultural legacy.