West
Avison Young Buys Property Management Firm in Las Vegas
Avison Young has acquired Las Vegas–based commercial property management firm Landry & Associates Inc., Avison Young announced Wednesday. The purchase places the Toronto-based company among Las Vegas’ top commercial property management firms.
Marriott Vacations Kicks Off Third Phase of 223-Unit Timeshare in Las Vegas
Seven years after opening Marriott’s Grand Chateau in Las Vegas, Marriott Vacations Worldwide Corp. has commenced construction of the third tower at the complex of ownership villas.
Archon Buys Colorado Apartment Portfolio for $90M
The transaction is reportedly Colorado’s largest multi-family portfolio sale to a single buyer since 2006.
Port of Los Angeles Floats RFQ for 30-Acre Site
It’s the leading trade gateway in the United States, and it’s being transformed to attract more than just cargo. The Port of Los Angeles’ $1.2 billion, three-year improvement effort is now primed to go to the next level.
Express Picks Flagship Locations on Two Coasts
The apparel retailer has leased 30,000 square feet in Manhattan’s Times Square and a 16,000-square-foot store in San Francisco’s Union Square.
Silicon Valley Corporate HQ Fetches $180M for Tech Firm
Gilead Sciences Inc., a biopharmaceutical company, is buying the 300,000-square-foot headquarters of Electronics For Imaging Inc. in Foster City, Calif.
Hudson Pacific Snags 125 KSF Tenant for Southern California Office Property
Hudson Pacific has staved off a potentially sizable gap in its tenant roster at City Plaza in Orange, Calif., courtesy of a new lease agreement with CashCall Inc.
Blackstone Buys 15 Retail Centers from Regency for $321M
Regency Centers Corp. has agreed to sell 15 shopping centers in seven states to an affiliate of Blackstone Real Estate Partners VII for $321 million.
Brennan Investment Grabs National Industrial Portfolio for $155M
In a joint venture with London-based Gatehouse Bank plc, the private real estate investment firm acquired a national industrial portfolio from an affiliate of AIC Ventures.
PREI, Urban Pacific Turn Dirt on 52-Story Condo High-Rise in San Francisco Hotspot
Demand for such dwellings is so substantial that the developers have committed to paying the city of San Francisco a $15.1 million fee to compensate for the exclusion of below-market-rate units.