West
Kimpton to Open First Property in San Jose
The new development will include a 173-key hotel, 300 residential units, retail, restaurants, 250,000 square feet of office space, and the expansion of the Tech Museum of Innovation.
Continental Partners Secures Financing for SoCal Property
An electronics manufacturer will relocate its HQ to an industrial site in Moorpark, Calif.
Blue Shield Heads to Oakland
The company’s headquarters move from San Francisco is expected to bring $26 million in savings.
Stable Development to Break Ground on Nevada Office Building
The future 51,850-square-foot two-story building is already more than 50 percent pre-leased.
Largest Oregon Indoor Grow Underway
The 115,000-square-foot project is expected to generate a minimum of $1.5 million in revenue.
CoreLogic Names New President, CEO
Prior to joining the company in 2011, Frank Martell served as president & CEO of Western Institutional Review Board.
Coronado Island Assemblage Changes Hands
CBRE completed the sale of the 30,000-square-foot asset for $22 million.
Sares Regis to Deliver 9 Industrial Buildings near LA
The new facilities will be built to meet LEED specifications and will total 507,878 square feet.
LA Office Sales Break New Records in 2016, CommercialCafe Report Shows
The sales volume hit a 10-year high last year, with Blackstone and Douglas Emmett scoring as top players.
LA City Council Support Does Not Secure Win for Measure S
by Ioana Ginsac The Rise of L.A. According to Colliers International research, the Los Angeles Basin office market is the third largest in the country, behind NYC and the Greater DC area. As of the third quarter of 2016, it stands at 300 million square feet, of which only 11% is in Downtown L.A. and the rest is scattered in the wider metropolitan area. Los Angeles is seeing a development growth rivaled only by the 1920’s. While the so-called construction boom is not limited to office construction, this is concentrated mostly in the Downtown, West and Central L.A. areas. Most…