West
Kearny Real Estate Grabs 232 KSF Downtown San Diego High-Rise
Kearny Real Estate Co. has acquired the Union Bank Building, a 232,098-square-foot office building at 530 B St. in downtown San Diego, from Union Bank N.A.
Vestar Grabs 900 KSF Denver-Area Regional Retail Center for $124M
Vestar, which boasts a hearty retail portfolio spanning the Western United States, has just added metropolitan Denver to its footprint with the acquisition of the 914,000-square-foot Orchard Town Center in Westminster, Colo.
Terramar Acquires New Retail Center on Oahu for $100M
Terramar Retail Centers has purchased, for $100 million, the Laulani Village Shopping Center, a 223,000-square-foot neighborhood retail center in Ewa Beach, Oahu, Hawaii.
Mitsui Fudosan Develops 202 KSF Office Property in San Francisco
Looking to take advantage of the hot tech market in San Francisco, Mitsui Fudosan America has formed a joint venture with SKS Partners to develop a 202,000-square-foot Class A, speculative office building at 270 Brannan St. near Second Street in SOMA’s historic South Beach district.
Lori Mason Curran: Evolving South Lake Union
Lori Mason Curran, Vulcan Inc.’s investment strategy director for real estate, talks about how South Lake Union continues to evolve.
Indcor Grabs 7 MSF Multi-Market Portfolio
IndCor Properties acquired a 7 million-square-foot portfolio of industrial properties located in the key markets of Reno, Las Vegas, Chicago and Southern California.
Chinese Developer to Spend $200M on 4.6-Acre Site in Downtown LA
The Los Angeles real estate investment community is abuzz with news of Oceanwide Real Estate Group’s pending acquisition of Fig Central, a 4.6-acre entitled development site located downtown, just across from Staples Center and the multibillion-dollar L.A. Live entertainment destination.
Harvest, LaSalle Acquire 233 KSF Office Tower in San Jose
Harvest Properties and LaSalle Investment Management have teamed to acquire 60 S. Market St., a 232,536-square-foot, 14-story Class A office tower located in Silicon Valley’s downtown San Jose, from Ares Management.
KTGY-Designed $1B Master Planned Community in California Moves Forward
A $1 billion-plus, 2,200-acre master-planned community just off I-10 in Coachella, Calif., has received unanimous approval by the city council there.
Heitman Buys 866 KSF Regional Power Center in Bay Area
In what could be the largest retail property sale in the Bay Area in 2013 in terms of size, Heitman acquired Pacific Commons Shopping Center, an 80-acre outdoor mall in Fremont, Calif., from an affiliate of Catellus Development Corp., a TPG Real Estate investment.