West

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.

Siegel Suites Grows Phoenix Footprint

The company has purchased a property which was previously targeted by ADOT’s Loop 202 expansion plans. The firm will rebrand the asset and will undertake an extensive renovation program.

2945 Towngate Road in Westlake Village, Calif.

One Capital Management Relocates HQ

The company leased 9,000 square feet of office space at Phase II of Westlake Park Place in Westlake Village, Calif. The office campus comprises more than 450,000 square feet.

SoCal Industrial Park Commands $211M

The six-building campus in Rancho Dominguez is 99 percent leased to 23 tenants. Situated adjacent to the Alameda Intermodal Corridor, the property offers access to five major freeways.