West
CBRE Taps Central Valley Industrial Senior VP
Bringing 28 years of industry experience, Robert Taylor focuses on facility optimization, supply chain logistics and solutions analysis, incentives, warehouse/distribution and capital markets within this submarket.
Eli Lilly Completes $90M Biotech Expansion in San Diego
The expansion more than doubles the firm’s existing Biotechnology Center, as part of the company’s $850 million U.S. capital investment for 2017.
Hudson Pacific to Transform Santa Monica Office Asset
Hudson Pacific Properties is set to reposition a three-story, 44,000-square-foot office building in Santa Monica, Calif. The company plans to invest up to $1.4 million in interior/exterior upgrades.
JCR Capital Expands Denver Team
The company added Mark Fallon as director of business development. He brings more than 30 years of experience in business development and client acquisition.
Santa Ana Office Park Trades for $32.8M
Benchmark Holdings purchased Alton Deere Plaza from TA Associates Realty. At the time of sale, the two-building, 185,245-square-foot property was 96 percent occupied.
NAI Capital Welcomes LA Executive VP
Joseph Gabbaian specializes in sales, acquisitions and leasing of investment, user and redevelopment properties with a special emphasis on West Los Angeles and Santa Monica.
Monday Properties Grabs DC, SoCal Assets
The company made moves on both coasts, acquiring Spectrum Tower in Laguna Hills, Calif., and Beauregard Office Park in Alexandria, Va.
HFF Arranges $29M San Diego MOB Sale
The 44,091-square-foot property is anchored by Fresenius Medical Care and was 92 percent leased at the time of the transaction.
Disneyland-Area Sheraton Lands $21M Financing
Continental Partners has secured a five-year, fixed-rate loan for the 285-key Sheraton Garden Grove-Anaheim South Hotel. The financing will also serve to pay off a mezzanine loan.
Rexford Snags $36M SoCal Industrial Assets
The two fully leased properties are part of the South Bay and Orange County West submarkets, which had vacancy rates of 0.6 percent at the end of the first quarter of 2017.