West
Strong Development Softens Demand in Portland
As the metro’s economy continues to thrive and the area adds residents at double the national rate, there is no shortage of large multifamily projects.
DTLA’s South Park by Windsor Retail is Fully Leased
Kennedy Wilson arranged three 10-year leases totaling more than 12,500 square feet for the ground-floor retail space of the mixed-use high-rise.
Rexford Buys $20M Inland Empire Industrial Asset
The 201,035-square-foot property is fully leased to a logistics tenant on a triple net basis and has significant rental upside.
SRS Appoints National Net Lease Group VP
Based in the firm’s Newport Beach office, Ara Rostamian advises clients on the acquisition and disposition of retail real estate properties throughout Los Angeles, Southern California and the Western U.S.
Specht, Pacific Coast Sell Portland Airport Warehouse
Interstate Crossroads Distribution Center is fully leased by two credit tenants and sits on 28 acres. The buyer was Toronto-based WPT Industrial REIT.
Nazareth Snags $16M Silicon Valley Industrial Asset
The two flex buildings total 180,000 square feet, making the company one of the single-largest landlords in Morgan Hill, Calif.
San Diego Office Complex Gets 2 New Tenants
JLL arranged two leases at Scripps Plaza, a two-building office campus in San Diego. The asset is located next to the Scripps Ranch Marketplace, and recently underwent renovations to expand its amenities and parking.
C&W Arranges $72M NorCal Retail Sales
Argonaut Investments, Hastings Ranch Shopping Center and Victory Village 2004 snagged three shopping centers in Rohnert Park, Fresno and Pinole.
Douglas Emmett, QIA Buy $177M Beverly Hills Asset
The 10-story office building is 85 percent leased to a tenant roster including Wells Fargo, Sotheby’s, Morgan Stanley and Longo Law Group.
Hilton, Blackstone Grab 1,201-Key Vegas Resort
The joint venture acquired The Elara, one of the largest timeshare properties in the world. The asset features four penthouse floors, retail and 17,000 square feet of ballroom space.