West
Renesas Electronics Inks 216 KSF Lease in Milpitas
In one of Silicon Valley’s largest transactions this year, the company agreed to expand its premises to include all of 915 Murphy Ranch Road at Murphy Crossing.
Hollywood Mixed-Use Asset Changes Hands
A New York City-based private investor acquired a 7,000-square-foot retail and office building in Hollywood, Calif. At the time of sale, the property was fully leased.
Canopy by Hilton Tops Off Portland Pearl District Hotel
The 10-story development includes 153 guest rooms, 2,800 square feet of event space and Canopy-signature amenities. This hotel marks the second Canopy by Hilton in Portland.
HFF Closes $29M Portland Office Sale
The Class A office building comprises 109,725 square feet, of which 4,000 square feet are retail space. Sixth at Yamhill first traded in 2014, when JB Matteson sold the asset for $21.1 million.
Geolo Capital JV Scores $80M for Seattle Mid-Rise
PCCP provided the senior loan for the 12-story, mixed-use project that includes a 155-key Thompson Hotel and 93 apartment units.
Duong Retail Closes Inland Empire Record Sale
The company closed escrow on a retail center in Riverside, Calif., and a Black Bear Diner in Chino, Calif., for a total of $9.9 million, at a record cap rate.
CBRE Hotels Expands Northwest, Mountain Practice
Julie Purnell joins the firm as managing director, bringing more than 25 years of experience in strategic planning, business development, acquisition and disposition due diligence, development and asset management in the hotel sector.
Matthews Adds Daniel Withers as SVP
Industry veteran Daniel Withers brings more than 18 years of experience. He will continue the strategic expansion of the company’s footprint.
Celebrating 30: Robert Maguire Shapes DTLA
We’re celebrating our 30th anniversary by highlighting some of the most significant events in commercial real estate’s history. This week: Developer Robert Macguire III’s impact on downtown LA. Stay tuned for our weekly posts and follow along with us using the hashtag #CPETurns30.
Dedeaux Breaks Ground on LA Industrial Campus
Dubbed Echelon Business Park, the 247,000-square-foot development will comprise seven free-standing buildings ranging from 27,438 to 43,166 square feet.