West
Union Investment Snaps Up $154M Denver Asset
The Triangle Building, a 226,000-square-foot, uniquely shaped Class A office property in lower downtown, was 98 percent leased at the time of sale.
Cushman & Wakefield Grows Phoenix Team
Keith Lambeth rejoins the company after having worked with Colliers International and CBRE. The firm also appointed Liz Collins from JLL and Patrick Schrimsher from Cushman & Wakefield’s research department.
BLT Enterprises Buys 72 KSF Industrial Building in San Diego
The firm plans to increase the property’s parking ratio and modernize the asset located in Kearny Mesa. The submarket had the lowest vacancy rate of all Central San Diego’s R&D and industrial submarkets last year.
Honda Breaks Ground on $30M Dealership in South LA
The 210,000-square-foot project is part of a neighbourhood revival which includes other high-profile developments. The company plans to relocate from downtown LA in the summer of 2018.
RiverRock Taps SoCal VP
Shane Flanigan brings nearly 15 years of industry experience to his new role and will oversee all operational activity with a focus on client service and portfolio growth.
F5 Inks Major Lease at Upcoming Seattle Tower
The deal also comes with a new name for Daniels Real Estate’s 48-story, 700,577-square-foot high-rise, which has been known as The Mark.
Dual-Branded Marriott Hotel Opens in Phoenix
Hansji Corp. owns and manages the downtown destination, which features a 120-key Courtyard and a 200-key Residence Inn.
Doubletree by Hilton SLC Changes Hands
The Plasencia Group represented the seller of the 288-key lakefront property, SLC Hotel Partners LLC, an affiliate of Laurus Corp.
New Tenant Coming to The Oberlin in San Diego
CBRE’s Mike Hoeck and Ryan Egli negotiated the lease on behalf of the owners. David Marino of Hughes Marino represented the tenant, a specialist in revenue security for digital TV services.
RE Forecast: Cloudy with Some Sunshine
Executives from Hines, AvalonBay and Trepp offered their outlook for the next three years as ULI unveiled the results of its Real Estate Consensus Forecast.