West
Zurich Alternative Buys 174-Unit M-F Complex in Silicon Valley for $87M
Zurich Alternative Asset Management has grabbed a premier apartment community in San Jose with a premier price tag.
Seventh Street Breaks Ground on 500 KSF Final Phase of Business Park in Pomona, Calif.
Last chance. Seventh Street Development has broken ground on the fourth and final phase of Mission 71 Business Park, a 2 million-square-foot industrial campus in Pomona, Calif., within the high-demand San Gabriel Valley market.
Pebblebrook Grabs The Nines Hotel in Portland, Ore.
In order to further expand its presence in downtown Portland, Ore., Pebblebrook Hotel Trust has acquired The Nines Hotel for $127 million.
Invesco Grabs 558 KSF Denver Office Building
Invesco Real Estate has snapped up Park Central, a 558,000-square-foot office property in Denver’s central business district, for a whopping $213 million.
AMN Healthcare Signs 175 KSF Office Lease Renewal for San Diego Corporate HQ
AMN Healthcare Services has reached a deal on a lease renewal for its 175,000 square feet of office space at its corporate headquarters in Del Mar Heights, Calif., for approximately $120 million.
Transwestern to Manage KBS’ 490 KSF of Office Buildings in Metro Seattle
KBS has tapped Transwestern to manage two of its Class A office buildings, at 10800 and 10900 N.E. 8th St. in Bellevue, Wash. CBD.
Bascom/Oaktree JV to Purchase $250M in M-F Properties Throughout U.S.
The Springs Apartments in Southern California is the first multi-family acquisition made by a new JV formed between The Bascom Group and funds managed by Oaktree Capital Management to acquire $250 million in value-added multi-family properties.
Clarion Grabs 302 KSF Office Facility in Playa Vista, Calif.
Clarion Partners has purchased Latitude 34, a two-building office complex within the Playa Vista master-planned community in the Westside area of Los Angeles.
Provenance Hotels, Thayer Lodging JV to Buy Hotel 1000 in Seattle
Provenance Hotels has entered a joint venture with Thayer Lodging Group to acquire the 120-key Hotel 1000 in downtown Seattle for what the Wall Street Journal reports to be $63 million.
Jamestown: Sale of San Francisco’s Pacific Place Has Strong Long-Term Income Drivers
Jamestown COO tells CPE the firm has sold Pacific Place, an office and retail property in downtown San Francisco, to J.P. Morgan for $415 million because of its attractiveness to institutonal investors