West
JLL Hires Data Center Expert Warner
Jason Warner will be responsible for expanding the mission critical solutions department throughout the West Coast along with coordinating with the firm’s corporate solutions group and its corporate clients’ technical real estate needs.
Dallas Multi-Family Project Cinches Loan
The 341-unit property is scheduled to open next year in the city’s Design District.
Northwest Care, Heitman Eye Seniors Housing in $125M Venture
The West Coast-focused strategy includes potential markets such as Portland, Sacramento, San Francisco, Los Angeles and San Diego.
ORION Hires Pair of Principals
Mark Bennett and Mark McAdams, who combined bring more than 50 years to the commercial real estate brokerage firm, will focus on tenant representation.
Arizona Sees Largest CRE Deal of 2010 with $280M Trade of Tempe Marketplace
Rockwood Capital L.L.C. joined forces with Vestar Development Co., the developer of Tempe Marketplace, to acquire the three-year-old property. Vestar had been in a partnership with DLJ/Credit Suisse, which sold its stake to Rockwood, leaving Vestar and Rockwood as the sole owners of the asset.
Clark JV Kicks Off Construction of $394M Naval Hospital At Camp Pendleton
The project will occupy 70 acres and replace Camp Pendleton’s outdated existing hospital. The building will feature inpatient facilities encompassing as many as 60 beds, emergency and primary care facilities, specialty care clinics, support facilities and space to accommodate non-ambulatory patients.
Louie Named as Marcus & Millichap CFO
Marty Louie was most recently a vice president with the company.
KSL Capital to Purchase Squaw Ski Resort; $50M in Capital Improvements Planned
The sale of Olympic Valley, Calif.-based Squaw, which was founded in 1949 and was the site of the 1960 Winter Olympics, is expected to close by year’s-end.
Kilroy Grabs 588,000 SF with $237.5M Purchase of Two West Coast Properties
The biggest catch of the two purchases is 100 First Plaza, a 466,000-square-foot office asset for which the REIT paid $191.5 million.
Stan Johnson Expands into Los Angeles
The firm has opened a new regional office in Los Angeles at 10100 Santa Monica Boulevard, a move that is part of a nationwide expansion initiative.