West
KBS Inks 33 KSF at San Francisco Office
Landmark Education and Pentaho both renewed leases at 353 Sacramento. The Class A, 23-story tower offers a total of 284,751 square feet of space, including 8,300 square feet of retail.
Laramar Opens Los Angeles HQ
The company will use the 3,100-square-foot asset for its Local platform, which deals with smaller properties. The new branch will focus on Koreatown, West Hollywood, and Echo Park residential assets.
U of Utah Health Inks Redevelopment Lease
Cushman & Wakefield Commerce and CBRE represented the tenant. The Sugar House building is part of a wider mixed-use area revitalization by Westport Capital Partners LLC.
Caesars Opens Las Vegas Entertainment Studio
The 48,000-square-foot state-of-the-art facility is the first of its kind in Nevada. The state’s recent tax credits bill for the industry is expected to draw more production companies and new development.
YgreneWorks Exceeds $600M in PACE Financing
YgreneWork’s PACE program has helped finance approximately 29,000 completed contracts, the equivalent of $639 million allocated for energy efficiency, renewable generation and water conservation improvements.
Phoenix Self Storage Lands New Owner
The 128,240-square-foot facility offers value-add opportunities, adjacent to a thoroughfare that is part of Phoenix’s $84 million Avenida Rio Salado street improvement project.
CBRE Arranges Long Beach MOB Sale
The 26,293-square-foot property changed hands for $6.5 million and was 91 percent occupied at the time of the transaction by a variety of tenants.
JLL Brokers $18M Sale of Phoenix Industrial Asset
Continued confidence in the local industrial market has prompted Colony Northstar’s acquisition of Phoenix Logistics Center from Overton Moore Properties and PCCP LLC.
Downtown Phoenix Office Building Lands $51M Financing
HFF secured the three-year, floating-rate loan for U.S. Bank Center, a 360,000-square-foot high-rise building. Completed in 1976 and renovated in 2013, the property is 63 percent occupied.
Third Phase of Surf City Pierside Pavilion Underway
Theory R. Properties is gearing up for the addition of a four-story building, which will house high-end retail, an upscale restaurant with a rooftop terrace and office space.