West
DivcoWest Buys 483 KSF Class A Office Complex in El Segundo, Calif.
DivcoWest has completed the purchase of Continental Grand Plaza, a two-building, 483,000-square-foot Class A office campus at 300-400 Continental Blvd. in El Segundo, Calif.
Chinese Developer Buys Majority Stake in Historic San Francisco Office Property for $350M
Chinese developer Kylli Inc. has bought a majority stake in the 22-story office building at 225 Bush St., in the San Francisco CBD, taking the share previously owned by GEM Realty and SEB ImmoInvest.
Lincoln Property Sells 3-Building Office Asset in Orange County for $94M
Nearly three years after acquiring One Pacific Plaza through a receivership sale, Lincoln Property Co. and GEM Realty Capital have sold the three-building, Class A, Orange County office property to Prudential Real Estate Investors for $94 million.
Projects Compared: Decoupling Strategies for Improved Ventilation
Decoupling ventilation from temperature control is improving energy efficiency while improving indoor air quality. A look at how three of North America’s most energy-efficient sizable office buildings are approaching this strategy.
NBA’s Lakers to Buy 5 Acres for New Training Center at L.A.-Area M-U Campus
The Los Angeles Lakers need a place to practice shooting hoops, so the NBA franchise has signed a deal to acquire a five-acre site at the Elevon at Campus El Segundo project in El Segundo, Calif.
Gaming and Leisure Buys Meadows Racetrack, Casino in Washington, Pennsylvania for $465M
Gaming and Leisure Properties, a REIT that spun off from Penn National Gaming late last year, has acquired The Meadows Racetrack and Casino in eastern Pennsylvania for $465 million from Las Vegas-based Cannery Casino Resorts.
Mack Urban JV Breaks Ground on $50M M-U Project in Pasadena
Union Village, a new 118-unit luxury mixed-use residential project in Pasadena, has just gotten underway with a recent groundbreaking.
MGM Resorts, AEG Break Ground on New Vegas Arena
MGM Resorts and AEG last week broke ground on a new $375 million, 20,000-seat indoor arena west of the Las Vegas Strip, between the New York-New York and Monte Carlo resorts.
New Company to Give “Everyday Investors” Access to San Diego Multi-Family
Two commercial real estate veterans in San Diego have launched Perry Commercial RE Investments, a new company that will focus on providing new investment options in commercial real estate, specifically in the multi-family space.
George Smith Partners Arranges $51M Bridge Loan for Renovation of M-U Property in Newport Beach, Calif.
The Lido Marina Village, a mixed-use property in Newport Beach, Calif., is ready for renovation now that a $51.4 million loan has been arranged, courtesy of George Smith Partners.