West
$78M Refinancing Deal Secured for M-U West Hollywood Property
For the refinancing of the right properties in the right locations, lenders made loans left and right this year, and The Sunset in West Hollywood, Calif., is among the assets to benefit from the favorable financing opportunities.
Kilroy to Develop 587 KSF Silicon Valley Office Project for LinkedIn
Kilroy Realty has acquired a 12-acre parcel in Sunnyvale, Calif., where it will build a 587,000-square-foot office complex for popular professional network LinkedIn, under a 12-year leasing agreement and development deal worth $315 million.
CalSTERS, GI Partners Fund Acquires San Diego Data Center
DataCore, a fund co-founded earlier this year by CalSTERS and GI Partners, has acquired a two-story data center and office building in a submarket of San Diego.
Vintage Purchases 407 KSF Oregon Mall
Vintage Real Estate has acquired Heritage Mall in Albany, Ore., from a consortium of lenders, which removed $38 million in debt from the property.
IPA Orchestrates $60M Trade of 272-Unit Southern Calif. M-F Asset
Coastal communities are high on investors’ lists and Institutional Property Advisors had no problem securing a buyer for Archstone Ventura Colony, a quality apartment asset located approximately one hour outside of Los Angeles in Ventura, Calif.
Wood Partners Begins Construction on Downtown Denver M-F Complex
Wood Partners, East West Partners and USAA Real Estate have teamed to break ground on Alta City House, a five-story, 281-unit luxury apartment complex in Denver, Colo., that’s part of an ambitious urban redevelopment project.
Black Friday Spending Soars Due to Early Store Openings, Mobile Device Shopping
This year, several major retailers across the United States started the holiday shopping season several hours ahead of the traditional Black Friday frenzy.
Avison Young Makes Entrée into Southern California’s Orange County Market
Toronto’s Avison Young continues the rapid expansion of its footprint in the United States with yet another new office opening.
DCT Industrial Trust Completes Purchase of Four-Building Portfolio
DCT Industrial Trust of Denver has completed the previously announced acquisition of a four-building portfolio totaling 563,000 square feet.
Decron Properties Acquires 397-Units for $70M in M-F Deal in Simi Valley
Decron Properties Corp. continues its two-year focus on the multi-family market with its latest acquisition – Creekside Apartments, a 397-unit community in Simi Valley, Calif.