West
Chandler Industrial Asset Changes Hands
NGKF’s Executive Managing Director Jerry Jacobs and Associate Joe Vale represented the buyer, who paid $2.2 million for the 17,149-square-foot Class A industrial building.
New Co-Working Company Opens Irvine Office
MODI Offices established its first location in a 20,000-square-foot building in Jeffrey Business Park. The company plans to open offices in Los Angeles, Portland, San Diego, as well as abroad in Beijing, Tokyo or Seoul.
NGKF Taps Industrial Managing Director
Danny Williams will oversee industrial landlord and tenant representation in the port-adjacent South Bay Los Angeles submarket.
Passco Nabs Inland Empire Value-Add Retail Center
The company plans to reposition the 102,976-square-foot neighborhood shopping center in Corona, Calif. The retail market has one of the lowest vacancy rates in the regions.
Level 3 to Redevelop Iconic San Diego Building
Upgrades to The Wall, once a 1920s dance hall, will include a custom steel and wood front awning, exposed ceilings, skylights and a green living wall. SBMI Group bought the property last year for $2.8 million.
Jackson Square Office Building Changes Hands in SF
Seth McKinnon and Tyler Meyerdirk of CBRE Capital Markets arranged the sale of the five-story, 15,432-square-foot property in San Francisco. At the time of the transaction, the building was 92 percent leased.
John Lo Joins CBRE as SVP
John will bring more than 23 years of experience in commercial real estate finance to his new role. Prior to joining CBRE, John worked for three years at JLL.
HTA Grabs Multi-State MOB Portfolio for $150M
Already the largest owner and operator of medical office buildings in the U.S., Healthcare Trust added 592,000 square feet of space in Arizona and Southern California.
C&W Welcomes First Tenant to Portland Industrial Center
The company preleased more than 60 percent of Big Eddy Commerce Center, an industrial building currently under construction. The project is slated to open by the end of this year.
Escondido Retail Center Changes Hands for $25M
Faris Lee Investments has arranged the sale of Gateway Center, an 89,625-square-foot property that was 95 percent leased at the time of the transaction.