West
Silicon Valley R&D Campus to Open in September
Trimble-Junction Ventures will redevelop two existing buildings in San Jose. Cushman & Wakefield will lead the leasing efforts for the 176,000-square-foot facility.
$50M OC Project Wraps Up Retail Component, Marriott Underway
ValueRock began redeveloping the mixed-use shopping center in Lake Forest, Calif., in 2014. The company recently received the go-ahead for a 99-key Marriott hotel.
MGM Resorts Taps New SVP
The former Wynn Resorts’ vice president of corporate finance will bring more than 20 years of financial experience to the company. Strawn will be based at the firm’s Las Vegas office and will report directly to MGM Design and Development President Bill Ham.
HFF Taps West Coast Industrial Managing Director
Andrew Briner will be based in the firm’s Los Angeles office. He has won several deal of the year awards for the transactions he led.
Financial Tech Company Relocates to Phoenix
Upgrade Inc. leased 38,000 square feet of office space in the first building of Renaissance Square in Phoenix. The company plans to hire up to 300 people.
San Diego Shopping Center Trades for $15M
The Carlsbad-based buyer plans to reposition the 43,108-square-foot center to appeal to healthy lifestyle and fitness tenants. The asset includes a mix of retailers and was recently upgraded to include monument signage.
CBRE Secures $152M Bay Area Office Refi
The owner has repositioned and modernized Rosewood Commons, taking it from 10 percent leased at purchase to 95 percent leased now.
Phoenix-Area Retail Center Lands $31M in Financing
Meridian Capital Group represented the borrower in securing the three-year, floating-rate loan for the acquisition of a mixed-use retail center located in Peoria.
Venture Corp. Opens MOB in San Jose
The 16-unit development is offered for private ownership with full financing available and leasing. The city has the nation’s highest occupancy rate for this type of asset.
Trinity Investments Adds New VP
The company added Craig Lovett as the new VP at its Honolulu office. He has more than 29 years of design, development, project management and construction experience.