West
Paragon Closes Largest LA County Retail Deal of 2017
Constructed in the early 1980s, the San Fernando Valley shopping center anchored by Target and Kohl’s traded for roughly $233 per square foot.
Watt Plaza Recertified to LEED Platinum Level
The office asset exceeded its previous Platinum LEED certification by five points. In addition, the property consistently achieved high Energy Star rating every year since 2004, reaching 98 out of 100 this year.
Westcore Expands NorCal Industrial Portfolio
The company has acquired a 277,500-square-foot industrial building in Stockton, Calif. for $14.4 million. This is Westcore’s second acquisition in the city in the past year.
Sorenson Media Inks 61 KSF HQ Lease
Newmark Grubb ACRES has arranged a lease for the media company in Lehi, Utah. The building is part of a 1 million-square-foot project developed by Stack Real Estate.
Kennedy Wilson Fund Grabs $144M Office Campus
The two-building, 437,000-square-foot Glendale property is 88 percent leased to 21 tenants including Cigna, also serving as the headquarters for DineEquity and Learner’s Digest International.
Docutech Expands to Scottsdale
Docutech selected the north building of the Lincoln Towne Centre for its Scottsdale, Ariz., office. Additionally, the company appointed Amy Brandt as president & COO.
Rexford Acquires, Sells Industrial Properties in CA
The company bought Safari Business Center in Ontario for $141.2 million and sold a two-building property at 2535 Midway Drive in San Diego.
Stewart Promotes Tom Konkel to EVP
The commercial real estate industry veteran will also serve as director of commercial services. Konkel assumes this role after more than 25 years of working at Stewart.
First Industrial Sells Two SLC Industrial Buildings
Newmark Grubb ACRES has arranged the sale of the two properties in Decker Lake Industrial Park in West Valley City, Utah, totaling 98,000 square feet. The company represented both the seller and the buyer.
JLL to Lease Office Portion of Seattle Mixed-Use Campus
Developed by SECO Development, the 2.4 million-square-foot mixed-use project will include a three-building office campus, the 383-unit luxury Bristol Residences, 30,000 square feet of retail space and a 347-key Hyatt Regency. Occupancy for the office portion is set to start as early as July 2018.