West
Investors Cash Chips in Las Vegas
Apartment construction slowed in 2016 to 2,000 new units, likely because of oversupply of single-family home rentals. But development looks promising, with more than 4,500 units under construction, according to Yardi Matrix.
Wasatch Commercial to Develop Biomerics HQ
The company is managing the location selection process, building design and construction of a 230,000-square-foot facility for Biomerics in Salt Lake City.
Terreno Realty Sells 162 KSF Industrial Asset in LA
The property, which is located in Whittier, Calif., sold for $25.3 million and generated an unleveraged internal rate of return of 14.5 percent.
Howard Hughes Announces 180 KSF Las Vegas Campus
The company has finalized a build-to-suit lease for Aristocrat Technologies Inc., which will relocate more than 600 of its employees to the new $45 million campus, slated for completion in late 2018.
EMMES Nabs OC Towers in $220M Value-Add Deal
The property marks the firm’s third acquisition in the Orange County market, although the company exited the region in 2015, when it sold 4000 MacArthur in Newport Beach.
Ernst & Young Moves Into New SLC Home
Enhanced workspace flexibility is the top perk millennials seek and one of the key features of the new 14,500-square-foot office in the Gateway Tower West.
Colliers Brokers San Diego Retail Condo Sale
The company’s Urban Property Group also secured the first tenant for the 3,044-square-foot, two-unit retail condominium in Bankers Hill—Brooklyn Bicycles.
JM Adds New VP to Denver Office
Holding more than two decades of experience in the field, Marcia Howes will be responsible for leading the company’s global supply chain organization.
WeWork-Anchored LA Landmark Sells for $43 Million
Sorgente Group sold the Fine Arts Building, a historic 115,902-square-foot office property in the city’s Financial District, which hit the market in September 2016.
Largest Hotel in PNW to Debut in 2018
The downtown Seattle hotel development boom continues with the upcoming 1,260-key Hyatt Regency Seattle, which is targeted for LEED Gold certification.