West
Millenia Commons, Ayres Hotel Break Ground in SoCal
The 131,000-square-foot lifestyle center and 135-key boutique property will be part of a multibillion-dollar master-planned community in south San Diego County.
North San Diego 225 KSF Outpatient Center Underway
Construction began on the first phase of a 225,000-square-foot Class A medical office development on the campus of Palomar Medical Center Escondido. Cushman & Wakefield will handle leasing.
Daum Brokers Inland Empire 113 KSF Industrial Buys
The properties in Corona and Ontario, Calif., changed hands for a total consideration of $13.1 million. Vacancies in small-size warehouse properties are below the region’s average.
Shea Unveils 76-Acre Bay Area Plan
The company has teamed up with SCS Development for the creation of At Dublin, a sprawling retail hub anchored by entertainment offerings and a food marketplace.
Premier Realty Nabs San Diego Office
Fenway Properties bagged $16.3 million for Wateridge Pavilion. Premier Realty Holdings Inc. plans to occupy space at the 62,427-square-foot purchased asset.
Level 3 Takes DoubleTree Irvine-Spectrum to Another Level
The 252-key property owned and operated by Pacific Hospitality Group remained operational through the 75-day renovation. Kay Lang + Associates developed the project scope.
Salem Sells Flagship Walgreens in Hawaii
A Korean investment firm purchased the retail asset for $42.3 million. Salem is pursuing entitlements to redevelop the adjacent site to the store into a hotel/condominium project.
Faris Lee Arranges Inland Empire Retail Sale
Fontana Southridge Partners LP purchased Southridge Plaza, a 119,359-square-foot retail center in Fontana, Calif., anchored by Rio Ranch Market.
JV Acquires 110 KSF Portland Office Building
KBS Realty Advisors and True North Management Group purchased a 109,725-square-foot asset in downtown Portland, Ore. CBRE arranged a $26.8 million, three-year term acquisition loan.
CIM, fifteenfortyseven Team Up for SF Data Center Buy
CIM Group formed a joint venture with data center builder fifteenfortyseven Critical Systems Realty to acquire a 7.3-acre property. The partners will build the first San Francisco data center in more than a decade.