West

Las Vegas Shopping Center Trades for $63M

The asset built in 2007 is fully leased and is anchored by Smith’s Grocery, a subsidiary of Kroger and TJ Maxx. Within a five-mile radius of the property reside more than 200,000 people earning an average household income of $89,000.

KTGY Unveils OC Little Saigon Design

The city is currently reviewing plans for a new urban infill retail, hospitality and residential development in Westminster, Calif., which will evoke the spirit of pre-1970s Vietnam.

Lowe, Partners Kick Off $300M Culver City Development

Co-developer AECOM Capital and an investment vehicle sponsored by Rockwood Capital are also part of the Los Angeles-area transit-oriented project.

NKF Closes Sale of 15-Story East Bay Office Asset

Situated in a prime transit-oriented location, the Class A tower is located in a rapidly transforming submarket, adjacent to the Concord BART station.

Iconic Honolulu Office Asset Lands $75M Loan

TOPA Financial Center, a two-building office property, sits in the heart of downtown Honolulu. Newmark negotiated the financing on behalf of Duesenberg Investment Co., the owner of the asset.

New Home2 Suites Hotel Opens in N.M.

The 91-key hotel is located two miles from downtown Las Cruces, four miles from Sonoma Ranch Golf Course and 25 miles from the White Sands Missile Range.

University Research Park Welcomes New Tenant

Digital Map Products will relocate its corporate headquarters by the end of the year. In the move, the provider of cloud-based location technology will nearly double its current square footage.

San Gabriel Sheraton Hotel Design Revealed

Kollin Altomare Architects designed the 288-key property slated for completion by fall 2017, with interior design from Cheng Chung Design and Whitespace Interiors.

510 Cottonwood Drive in Milpitas, Calif.

San Jose Office Building Trades for $50M

Menlo Equities sold a 180,000-square-foot building in Milpitas, Calif., to Nazareth Enterprises. At the time of sale, the asset was fully leased to Johnson & Johnson Vision.

Historic Bowles Hall Awarded LEED Silver Certification

The eight-story castle-like building underwent a $40 million renovation which, at completion, led to the property’s Innovator Award for Best Renovation of Existing University Housing in addition to the LEED certification.