West
Joshua Green Corp. Invests $200M in Urban Renaissance Group
With an investment valued at $200 million, the Joshua Green Corp. has taken its relationship with real estate operating company Urban Renaissance Group L.L.C. to a new level.
Stirling Capital Secures $70M Mortgage Refinance on Its Property Portfolio at Southern California Logistics Centre
Stirling Capital Investments has secured a $70 million refinance loan from Bank of America for the Southern California Logistics Centre, the 2,500-acre commercial and industrial complex in Victorville, Calif.
Cruzan|Monroe Nabs DiamondView Tower in San Diego for $121M
San Diego-based commercial real estate investor and developer Cruzan|Monroe, along with Cigna Investments Inc., have acquired DiamondView Tower, a 15-story 305,255-square-foot Class A office tower in San Diego for $121 million.
Pebblebrook Grabs Hotel Palomar San Francisco for $58M
Pebblebrook Hotel Trust has added a fourth San Francisco hotel to its portfolio with the acquisition of Hotel Palomar San Francisco.
Hines, Boston Properties, Kilroy to Build Two Office Towers Near San Francisco’s Transit Center Project
Hines has formed a JV with Boston Properties for the development of a 1.4 million-square-foot high-rise and Kilroy Realty Corp. just announced that it will build a 400,000-square-foot tower.
LEI, Partners Launch Venture with Purchase of 191 KSF Office Tower in Thriving Denver Locale
Lowe Enterprises, The Guardian Life Insurance Company of America and a subsidiary of Allstate Insurance Co. introduced their new venture with the acquisition of Alamo Plaza.
Archstone Buys 167 KSF M-F Property in L.A. Area
Decron Properties sold the 167,000-square-foot, mixed-use apartment complex to Archstone for approximately $44 million.
Clarion Partners Joins Honest Buildings Network as Its Largest Owner
Clarion Partners has joined the Honest Buildings network as the latter’s largest property owner and manager.
ULI Special Report: Emerging Trends Respondents Optimistic About Recovery
Optimism permeated the Emerging Trends in Real Estate results this year, with respondents finding a marked improvement over last year. Researchers gave reporters a sneak peak Wednesday during the ULI Fall Meeting.
C&W Arranges 295 KSF Office Lease for Sutter Health
Sutter Health has signed a 10-year lease on an office building in California that will bring more than 1,000 new jobs to the area.