West

KANEOHE, HI-Dck-ecc pacific guam llc will work on a 30,709-square-foot air station operations complex, a 17,104-square-foot aircraft fire and rescue station and more than 348,000 square feet of aircraft apron and related site improvements here.

LAS VEGAS-Scott Kaplan of CBRE talks about the bounce back in the San Bernardino County market.

SACRAMENTO-L Street Lofts, a mixed-use, fractured condominium project, sells with just 10 units being leased for $2.50 per square foot, the highest rental rate in the midtown area.

PALO ALTO, CA-The region reports 2.7 million square feet of office absorption during 2011, which hasn’t been seen since the 1990s dot-com era.

LOS ANGELES-Orange County-based Clearview Capital LLC, who paid $20 million for the 156-room property, ‘was attracted to the high quality brand and product,’ says a source.

PALO ALTO, CA-GlobeSt.com ran into Andrew Barnes, one of the two new lead brokers in the office, at the firm’s party at ICSC’s RECon2012, who notes that the firm is looking to build that office over the next few years.

SAN JOSE, CA-A cloud communications company is moving its headquarters from Sunnyvale to North San Jose.

SEATTLE-Joshua Green Corp., a family-owned company, has acquired Plaza 600, a 20-story office building in downtown Seattle, from the Vance Corp.

HONOLULU-Japan-based Seibu Group is planning to sell three hotels in Hawaii.

NEWARK-Columbus-based Glimcher Realty Trust is planning to revamp two outlet malls as it rebrands them.

WEST SACRAMENTO, CA-Along with an almost 5,000-unit apartment portfolio, former Lehman partner LCOR also brings development abilities to the locally based investment giant.

BETHESDA, MD-The merger of the Reznick Group and J.H. Cohn will create an organization with a larger public presence, allowing for a greater focus on REITs, David Kessler tells GlobeSt.com's Erika Morphy.

LAS VEGAS-Safeway Inc. sees big efforts into health and wellness on the horizon, the Fresh Market Inc. plans new stores, and SuperValu Inc. is working heavily on its second use facilities.

IRVINE, CA-Eleven of the 20 largest US metros post foreclosure increases in April—all in the Midwest, South and East Coast.

LOS ANGELES-CBRE’s Capital Value Index shows a 9.6% increase in year-over-year capital values for real estate in the Americas in first-quarter 2012.

LAS VEGAS-At ICSC RECon2012, Cassidy Turley reports that the retail sector still has a long way to go to reach full recovery; GlobeSt.com learns attendees' thoughts on CVS, Walgreens and Whole Foods.

OAKLAND, CA-Investors Winthrop Realty Trust and Paulson & Co. have put the Claremont Hotel Club & Spa, a 279-room hotel in Oakland Hills, on the market for sale.

LAS VEGAS-Retail is poised for growth, and much of the expansions are by the discount chains. Some major retailers are securing sites for 2014 and beyond, said one attendee at ICSC ReCon 2012.

LOS ANGELES-The Vermont is the largest residential development to be built in L.A. since the beginning of the latest real estate downturn.

SANTA BARBARA, CA-ista North America’s Multifamily Services Group is a leading supplier of energy and water metering, billing and management services.