West
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.
W Bellevue Hotel Opens in Greater Seattle
The property is part of the $1.2 billion Lincoln Square expansion project. Besides the 220 guestrooms and 25 suites, the hotel features 10,000 square feet of meeting space.
Avison Young Taps New Managing Director
Highly regarded industry veteran David Jewkes has more than 25 years of commercial real estate management and transaction experience.
LA Clippers Zoning in on Inglewood for New Arena
The basketball team and the City of Inglewood have entered into a three-year exclusive negotiating agreement to explore building a new stadium, training facilities and team offices on a 20-acre site opposite the future Rams stadium.
Seattle Office Building Commands $330M
A German investment firm is the new owner of Midtown21, a 21-story tower MetLife Real Estate and Trammell Crow Co. developed in the high-growth Denny Triangle.