Investment - West
Cities
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Hines Trades NorCal Office Portfolio
Basin Street Properties paid nearly $45 million for three buildings in Sacramento’s Point West submarket. The assets total more than 345,000 square feet.
14 September 2018 09:10 -
LA-Area Landmark Walgreens Building Sells for $23M
Hanley Investment Group represented the seller, AEGON USA Realty Advisors, and Realty Advisory Group worked on behalf of the buyer, a private investor in the deal.
11 September 2018 17:00 -
RHG, Aspect Acquire 4-Property Hotel Portfolio
This deal represents an expansion of ownership and management into three new markets. The assets total more than 450 keys and are under the Hilton, Hampton, Hyatt and Aloft brands.
11 September 2018 10:39 -
JV Acquires 1 MSF Data Center Portfolio
Lincoln Rackhouse and Principal Real Estate Investors purchased three facilities in Dallas, Phoenix and Kansas City. The partners also signed INAP to a master lease at the Arizona asset.
06 September 2018 16:56 -
StarPoint Acquires Beverly Hills Office Building for $193M
The company plans to renovate and reposition the 46-year-old tower at 433 N. Camden Drive, which ranks as the second-tallest building in the high-end submarket.
06 September 2018 11:32 -
Nearon Enterprises Enters Sacramento Industrial Market
Massie & Co. sold the roughly 518,000-square-foot portfolio for $34 million. The three buildings are fully leased to a long-term tenant.
05 September 2018 13:20 -
CenterPoint Nabs 295 KSF Distribution Center in WA
Sears, Roebuck and Co., had owned the property since 1991. The asset is located within proximity of both Port of Tacoma and Port of Seattle.
05 September 2018 08:28 -
Liberty Property Trust Buys $52M Inland Empire Industrial Building
The REIT purchased I-210 Logistics IV, a 426,300-square-foot property in Rialto, Calif., and subsequently leased the entire facility to engineering and logistics company CTDI.
04 September 2018 10:03 -
Sacramento Valley Retail Center Changes Hands for $18M
The shopping center opened its doors in 1985, anchored by K-Mart. Engstrom Properties renovated the asset and shifted toward a diversified mid-size tenant roster.
31 August 2018 09:10 -
Benderson Development Grabs Bay Area Retail Asset
The vacant building that used to be home to Toys “R” Us and Babies “R” Us contains approximately 45,000 square feet.
31 August 2018 06:37 -
On the Market: 5 Interesting Listings for August
This month's listings include several modern office buildings on the West Coast; a top-of-the line medical center in Fort Wayne, Ind.; and a recently completed retail center in Kennewick, Wash.
30 August 2018 13:03 -
CBRE Global Investors Acquires $49M Phoenix Facility
The distribution center changed hands with help from JLL Capital Markets, which arranged the transaction on behalf of the seller.
30 August 2018 12:18 -
Kimco Realty Trades Colorado Shopping Center
The disposition is part of the retail REIT’s strategy of selling between $700 million and $900 million in assets this year.
30 August 2018 09:49 -
Historic Downtown Seattle Hotel Changes Hands
GEM Real Estate has purchased Kimpton Palladian Hotel, a 1910-built property placed on the National Register of Historic Places. The 97-key luxury hotel includes 1,100 square feet of meeting space.
29 August 2018 14:47 -
Xcel Energy’s $2.5B Clean Power Plan Gets the Green Light
Colorado's main energy provider intends to replace two aging and high-emitting coal units in Pueblo with renewable sources including wind and solar.
28 August 2018 13:06