Subject: West Regional Digest (WDIG)

AZ Big Media A venture of IndiCap and VAC Development has broken ground on Chandler Bay, a 110,481-square-foot industrial property in Chandler, Ariz. IndiCap and Vac, both of Las Vegas, are building the property at 1820 East Germann Road, about ...

The J. Paul Getty Trust has paid $38.2 million for a 1.16-acre development site at 10918-10926 Le Conte Ave. in Westwood, Calif. The art institution acquired the site, which is currently home to a 9,647-square-foot office, from Beitler Commercial Realty ...

AZ Big Media Creation Equity has paid $18.05 million for a 38-acre development site at the northeast corner of Corporate Drive and 117th Avenue in Avondale, Ariz. The Phoenix developer is planning to build a 699,700-square-foot industrial property on the ...

A venture of Seefried Industrial Properties and Clarion Partners is planning to break ground this summer on a 264,880-square-foot industrial property on a recently acquired 15-acre development site at 4950 West 1100 South in Salt Lake City. The two-building property ...

The Real Deal Lone Star Funds has taken ownership of 600 California St. in San Francisco, after a foreclosure auction last week generated no bids on the 359,883-square-foot office building. The Dallas private equity firm paid $130.6 million for the ...

Puget Sound Business Journal Northwestern Mutual has provided $53 million of financing against the 167-unit apartment property at 110 Roy St. in Seattle. The five-year loan was arranged by Cushman & Wakefield on behalf of the property's owner and developer, ...

Sacramento Business Journal Pacific Housing has paid $50.65 million, or $222,149/unit, for Savannah at Southport, a 228-unit apartment property in West Sacramento, Calif. The local nonprofit acquired the property, at 3401 Savannah Lane, from Alliant Capital, which bought it in ...

Sacramento Business Journal Interstate Equities Corp. has paid $42.8 million, or $301,408/unit, for two neighboring apartment properties with 142 units in Davis, Calif., about 20 miles west of Sacramento, Calif. The Los Altos, Calif., real estate investor acquired the properties ...

Denver Business Journal An affiliate of Welltower Inc. has paid $153 million for two seniors housing properties with 318 units in suburban Denver. The Toledo, Ohio, REIT paid $80 million, or $512,820/unit, for Ivy Thornton, with 156 units at 12281 ...

AZ Big Media SkyPlus Hotel Corp. has broken ground on Wingate by Wyndham and Hawthorn Suites by Wyndham, a dual-branded hotel with 129 rooms in Mesa, Ariz. The local developer is building the project at 6639 South Sossaman Road, about ...