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The Real Deal Consus Asset Management is said to be paying $145 million, or $145/sf, for the 1 million-square-foot office tower at 777 South Figueroa St. in Los Angeles. The South Korean investment firm is buying the 52-story building from...
Commercial Property Executive Sunbelt Investment Holdings Inc. has broken ground on Buckeye Commons, a 410,000-square-foot retail center in Buckeye, Ariz. The San Diego developer is building the property at the intersection of Interstate 10 and Verrado Way, about 26 miles...
Commercial Property Executive Intermolecular has agreed to extend its lease for the entire 146,159-square-foot research and development building at 3011 North First St. in San Jose, Calif. The affiliate of Merck KGaA of Germany has leased the property from a...
Mile High CRE A venture of Westfield and Reinsurance Group of America has paid $73 million, or $169.31/sf, for Centerpark, a 431,157-square-foot industrial property in Denver. Westfield, of France, and Reinsurance Group, of Chesterfield, Mo., purchased the property from Prologis...
The Real Deal Land and Houses USA has paid $68 million, or $386,363/room, for Residence Inn Los Angeles LAX/Manhattan Beach, a 176-room hotel in Manhattan Beach, Calif. The Campbell, Calif., company purchased the property from Washington Holdings, which was represented...
The Real Deal Trammell Crow Residential has secured $200 million of financing for the construction of a 600-unit apartment property at 600 West Broadway in Long Beach, Calif. Kennedy Wilson provided $166 million of senior financing, while an unnamed national...
Multi-Housing News Housing Diversity Corp. has lined up $34.2 million of financing against Vida DTLA, a 147-unit apartment property in Los Angeles. The financing is comprised of a $22.6 million loan that was provided by United Way and an $11.6...
The Real Deal Office Properties Income Trust is offering for sale the 149,000-square-foot office property at 3250 to 3260 Jay St. in Santa Clara, Calif. The Newton, Mass., REIT had assumed the property as part of its acquisition of Cole...
CENTRL Office, a coworking company with locations in Oregon and California, has agreed to take 53,365 square feet of space at 1525 11th Ave. in Seattle's Capitol Hill area, marking its first location in the Puget Sound region. The space...
The Real Deal TRC Retail has paid $66 million, or nearly $574/sf, for the 115,000-square-foot La Cañada Town Center at 990 Town Center Drive in La Cañada Flintridge, Calif., which is just northeast of Los Angeles. The Newport Beach, Calif.,...
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