West

CBRE Grabs Boutique Office Building in San Fran’s Financial District

CBRE Global Investors has bought 235 Pine St, a 150,159-square-foot Class A office facility located in the heart of San Francisco Financial District.

Lee & Associates Makes Denver Debut

Lee & Associates is making its debut in Denver through a merger with Bitzer Real Estate Partners. The new office is the 51st for Lee & Associates.

Voit to Manage, Reposition 2 MSF Industrial Portfolio in Reno

The Reno office of Voit Real Estate Services will provide property management and repositioning services for two industrial portfolios totaling more than 2 million square feet in Reno for Northwestern Mutual.

Pioneer Spirit: Arturo Sneider

For more than two decades, Los Angeles-based Primestor Development Inc. has been introducing national retail brands to urban communities long bypassed by others. Under CEO Arturo Sneider, the company brings together elected officials, community leaders, lenders and other stakeholders and creates architecturally appealing projects with a varied lineup of retailers carefully tailored to the community’s needs.

CBRE Arranges $158M Financing for Koll on Office Industrial Park in Irvine

The Koll Co. has refinanced Airport Business Center, a 1.2 million-square-foot office/flex industrial park in Irvine, Calif., to the tune of $158 million.

MetLife, Panattoni JV to Develop 900 KSF of Industrial Parks in Seattle Area

MetLife is partnering with Panattoni Development to build three new industrial distribution parks in the Seattle area for $63 million.

Berkadia Secures $107M for 7 M-F Properties in Las Vegas

A portfolio of seven multi-family properties in Las Vegas owned by Interwest Capital and Angelo, Gordon & Co. received $107 million in financing arranged by Berkadia Commercial Mortgage.

DDR Sells Shopping Center Portfolio in Utah for $223M

In an off-market transaction worth $223 million, DDR Corp. has sold to Excel Trust a portfolio of three shopping centers in the Salt Lake City area.

Shorenstein Grabs 4-Building Tech Campus in North San Jose for $100M

Shorenstein Properties has acquired four buildings in Champion Station from TMG Partners for a reported $100 million.

InterContinental to Occupy Korean Air’s $1.1B Wilshire Grand Skyscraper in LA

The 73-story, 1,100-foot-high Wilshire Grand hotel will be the tallest building in the Western U.S.