West
Schnitzer Sells 900 KSF in Two Trophy Seattle Office Buildings for $480M
Schnitzer West has walked away with $480 million on the disposition of two recently developed Seattle office buildings, totaling 900,400 square feet, courtesy of JP Morgan Asset Management.
Long Beach Apartments Install Fuel Cells, Solar Panels
The nonprofit firm LINC Housing installed two fuel cells at the Long Beach-based Palace Hotel, in addition to solar panels, to help the building’s energy footprint.
Hudson Realty and Partners Nab $139M FDIC Colorado Loan Portfolio
Hudson, Soundview and JCR acquired 97 loans on commercial and residential assets from a FDIC structured sale, collateralized by $139 million of properties across Colorado.
Wood Partners Announces 298-Unit, $75M Apartments in L.A.
Wood Partners plans to begin construction on a 298-unit, $75 million apartment community in the Woodland Hills district of Los Angeles by mid-August.
224 KSF Silicon Valley Office Campus Commands $45.8M
Great America Place has come under new ownership now that DJM Capital Partners has sold the Silicon Valley property to Newcastle Partners in a $45.8 million transaction.
Transwestern’s Management Portfolio Increases by 1.6 MSF with Sumitomo Deal
Transwestern has increased its management responsibilities by approximately 1.6 million square feet after being chosen by Sumitomo to act as exclusive property manager.
Donahue Schriber Completes $1.2B Balance Sheet Recap
Donahue Schriber set out to recapitalize its balance sheet to the tune of $1.2 billion and the shopping-center developer has done just that.
CBRE Tapped by IndCor to Manage 22 MSF Industrial Portfolio
CB Richard Ellis Inc. has had a busy week after being chosen by IndCor Properties Inc. to manage an industrial property portfolio totaling 22 million square feet across 10 states.
Invesco Secures $72.8M Loan Through ING
The loan money is once again flowing. On Thursday, ING Real Estate Finance announced the closing of a $72.8 million term loan with Invesco Real Estate.
Trecap Nabs Two Portland Apartment Complexes for $53.9M
Trecap Partners L.L.C. jumped into the booming Beaverton, Ore., submarket with the acquisition of a majority stake in two apartment complexes totaling 542 units.