West
Oakland 278 KSF Office Tower Changes Hands
In a partnership with KRR’s Real Estate Partners Americas Fund, Harvest Properties acquired a 15-story building in Oakland, Calif. The property is located directly across from Lake Merritt and its adjoining park.
Kilroy Realty Taps CIO
Steve Rosetta will oversee the company’s strategic growth, including acquisition and disposition activities, with a specific focus on the company’s development opportunities and large office and life science transactions.
Century City Office Asset Changes Hands
Harbor Associates shelled out $14.7 million for the property previously occupied by the Spanish Broadcasting System. The new owner plans a comprehensive rebranding and renovation program.
Denver Office Building Trades for $37M
Amstar purchased a seven-story, 131,000-square-foot property in the Cherry Creek submarket of Denver. The company is planning to invest nearly $2 million in various upgrades.
CBRE Arranges Sale of San Diego Office Building
Washington Capital Management sold a 40,000-square-foot office building in San Diego for $12.5 million. At the time of sale, the property was fully leased by the University of Southern California.
Ashford Prime Extends Ground Lease for San Diego Hilton
The company has extended the lease at the 394-key property by 24 years, with a new expiration date in 2067. The agreement also provides for a further extension opportunity.
$1.2B Integrated Health Care Village Expands in NV
PMRG has wrapped up development of an 85,000-square-foot medical office building and surgery center in Henderson, Nev. The facility is part of Union Village, a 170-acre community that includes health care, housing, retail and entertainment.
$100M Retail Rebranding Brings Dave & Buster’s to SLC
The dining chain will open its first Utah location in March 2018, in The Gateway, a 623,205-square-foot open-air retail and entertainment center that is currently undergoing a major redevelopment.
Office Evolution Completes Fort Collins Business Center
The 13,000-square-foot space comprises two floors and offers on-demand office space that includes co-working space, 38 private furnished offices and conference rooms.
CBRE Secures Financing for Silicon Valley Asset
CBRE, on behalf of Vista Investment Group, negotiated a $25.5 million non-recourse loan for Valley Creative Center in San Jose, Calif. The 167,000-square-foot office/R&D campus is located in the heart of Silicon Valley’s Golden Triangle.