West
Terreno Nabs $15M Santa Fe Springs Industrial Property
The company has remained active in the Greater Los Angeles area, following the acquisition of a Gardena industrial asset and the sale of a development project in Whittier.
Dermody Snags Silicon Valley Class A Industrial Asset
JLL is spearheading leasing efforts for the fully vacant 111,043-square-foot building developed by Panattoni in 2016. This is one of the few Class A industrial developments in the area.
Credit Suisse Snags LA Office Building
The Swiss company paid $59 million to acquire the Class A property in Glendale, Calif., from a joint venture between Lincoln Property Co. and Morgan Stanley.
JLL Tapped to Lease Phoenix Industrial Project
The company is the exclusive leasing broker for Skyway Commons, an upcoming 110,221-square-foot facility owned by Silagi Development and Management.
Faris Lee Closes Stockton Retail Deal
West Hammer sold the 15,314-square-foot multi-tenant retail strip center for $7.1 million. The 1031 exchange buyer was attracted to the asset’s location and the triple-net lease structure.
Columbia, Allianz Form $1.3B Partnership
Each company is contributing one or more unencumbered assets to the JV. Besides New York City and San Francisco, the firms are eyeing Boston and Washington.
HFF Closes $25M Portland Office Sale
Swift Real Estate Partners acquired the three-building office property, which is 92.5 percent leased to a mix of tenants.
Kearny Real Estate Expands San Diego Team
The company has strengthened its property management practice with the addition of Director Sonia Miró, Associate John DeSantis and Administrator Teresa Souris.
Avison Young Names New VP
Natalie Allred brings more than 25 years of asset management experience to the company, having served in various leadership positions throughout her career.
NAI Closes Bay Area Shopping Center Sale
The company represented both the buyer and the seller of the 50,047-square-foot neighborhood center in Newark, Calif., in this off-market transaction.