West
Terramar, Studley Sell 618 KSF Shopping Center in Santa Clarita, Calif.
Terramar Retail Centers, with the help of Studley, has sold a 618,000-square-foot regional shopping center in Santa Clarita, Calif. through its subsidiary, GMS Golden Valley Ranch.
Auction.com to Auction Woolworth Building in Downtown LA
The historic Woolworth Building at 719-725 South Broadway in downtown Los Angeles will go up for auction on March 10, according to Auction.com.
George Smith Partners Secures $51M in Construction Financing for M-F Project in Las Vegas
George Smith Partners has arranged $51 million in construction financing for the development of Elysian at the District, a 360-unit Class-A multi-family community in Las Vegas, on behalf of a joint venture between The Calida Group and Cypress Equity Investments.
Sunrise Medical Campus Sells 3-Building Property Near Tacoma
With the assistance of Jones Lang LaSalle’s Capital Markets Group, the ownership team of Sunrise Medical One and Sunrise Medical Two sold Clise Properties for $407 per square foot.
CIM Group Acquires 7-Asset Portfolio from CW Capital
CIM Group has acquired a seven-asset portfolio headlined by Two California Plaza, a 52-story, Class A office building in downtown Los Angeles.
Rodeo Drive Retail Building Refinanced to the Tune of $120M
Mesa West has doled out $120 million in financing to ECA Capital for the recapitalization of 338-342 N. Rodeo Drive, a 20,700-square-foot retail building in the über-prestigious Golden Triangle area of Beverly Hills.
RLJ Lodging Trust Picks Up 10-Hotel Portfolio from Hyatt Affiliates for $313M
RLJ Lodging Trust and affiliates of Hyatt Hotels Corp. have entered into a definitive agreement for RLJ to acquire a portfolio of 10 Hyatt, Hyatt Place and Hyatt House hotels totaling 1,560 keys for $313 million.
Kilroy Buys Hollywood Parcel for $300M M-U Project
Kilroy Realty Corp. has acquired a nearly four-acre parcel near the renowned intersection of Sunset and Vine from AMPAS in a $46 million deal, with plans to transform the site into a mixed-use development at a cost of $250 million to $300 million.
Silicon Valley Office Portfolio Yields $200M in Financing for Carl Berg
NorthMarq arranged financing for an unencumbered, 711,000-square-foot office portfolio in California’s Silicon Valley through Prudential Mortgage Capital Co.
CNL Healthcare Properties Acquires Medical Office Buildings in Florida, California
CNL Healthcare Properties has acquired two medical office buildings in Coral Springs, Fla., and two medical office buildings in Chula Vista, Calif., for a total of $60 million.