West
Cancer Center Underway in Riverside
HFF has arranged financing for a 27,000-square-foot medical office building to be developed by Pacific Medical Buildings. The property will be leased in full to RadNet Management Inc.
NGKF Strengthens LA County Presence With New Additions
Phil Brodkin will oversee the firm’s three Los Angeles offices, while brokers Eric Lastition and Geoff Ludwig join as executive managing directors in the firm’s El Segundo branch.
Douglas Emmett, QIA Expand With $353M Buy
The two buildings in Santa Monica were acquired from the Blackstone Group, which continues to sell off parts of its Equity Office Properties Trust portfolio.
JLL Continues Leasing Spree at Mission Center
Over the past 12 months, the company closed 10 leases at the property, totaling more than 80,000 square feet. The office park still has 10,000 square feet of available space.
Denver’s Mile-High Moderation
The city is a hotbed for commercial and residential development, largely due to a robust population growth and a strong demand for housing.
Shamina Investments Nabs Oldest Hotel in Westwood LA
Thorofare Capital provided financing for the acquisition and renovation of the 53-key property built in 1939 by a local family.
JLL Strengthens SoCal Retail Practice with VP Hire
Dan Gill has more than 25 years of experience in the industry and will be based in the firm’s San Diego office. The move is part of the firm’s plan to expand its retail platform.
Seattle’s Banner Year
The city’s vibrant economy has produced job growth in a broad range of sectors, supporting housing demand and kickstarting an apartment boom, Yardi Matrix data shows.
Terreno Realty Lands Seattle Distribution Building
The company paid $5.9 million to acquire the 35,000-square-foot property, which is located at 25-29 South Hanford St. in the SoDo district.
Self-Storage Asset Changes Hands in Maricopa County
Marcus & Millichap closed on the sale of a 26,875-square-foot self-storage property comprising 250 units. Yardi Matrix data shows that the facility traded for $2.4 million.