West

  • Hunton & Williams Expands Practice West

    LOS ANGELES—The commercial real estate law firm hires Robert M. Johnson as partner in the new Los Angeles office.

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  • Juanita Tate Marketplace Opens Doors

    LOS ANGELES—The $21-million, 77,000-square-foot outdoor retail center opens with CVS/pharmacy and Northgate Market as anchor tenants.

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  • Tech Helps Push San Diego Rents

    SAN DIEGO, CA—San Diego ranks in the top eight of US markets for high-tech growth in a new CBRE report that Finds high-tech companies account for 20% of leasing activity nation-wide up from 14% in 2013.

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  • Executive Bldg Sold to San Francisco Firm

    PORTLAND, OR—The 11-story class A office building, marketed by HFF, brought $21.1 million.

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  • Expert: Celebrity Operator Must be Vigilant

    ROSEVILLE, CA—Is the celebrity restaurant tenant at a disadvantage, as compared with a non-celebrity, when it comes to negotiating with the landlord? GlobeSt.com’s Natalie Dolce finds out in this EXCLUSIVE Q&A.

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  • Fairfield Multifamily Trades

    FAIRFIELD, CA—ARA arranged the sale of the 180-unit Summit at Paradise Valley to TruAmerica for $26 million.

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  • CRE Deal Volume, Pricing Shift Upward

    IRVINE, CA—Auction.com reports the total combined commercial volume in the office, retail, apartment, industrial and hotel sectors reached $81.6 billion in the second quarter, up nearly 14% from a year ago.

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  • TRI Pointe Acquires Lots in Core Markets

    IRVINE, CA—After its merger with WRECO, the residential developer purchases 649 new lots in seven communities in markets across the country, including California, Nevada, Washington and Virginia.

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  • Shea Properties Buys 10 Acres

    ALHAMBRA, CA—The developer plans a mixed-use complex with 260 luxury apartment units and 140,000 square feet of retail on the land plot, which is located on the corner of Main Street and Garfield Avenue.

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  • Western Plaza Gets $21M

    LOS ANGELES—Western Avenue Capital, owners of the 115,000-square-foot shopping center, secures a 10-year loan to refinance existing short-term debt.

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  • Tech Industry Drives Rents Up

    LOS ANGELES—According to a recent CBRE report, technology companies account for 20% of major office leasing activity year-to-date.

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  • Tech is Leading OC Office Driver

    ORANGE COUNTY, CA—Despite a tepid second quarter, the tech industry remains a core driver of office space demand in Orange County, according to reports from Savills Studley and CBRE.

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  • All-Cash Share Down From 3-Year High

    IRVINE, CA—Cash purchases represent 38% of Q2 home sales, down from 42% in Q1, and cash sales skew higher on both ends of the home-price spectrum in Q2, reports RealtyTrac.

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  • Wage Gap Makes Affordable Less So

    IRVINE, CA—The higher median income in Orange County than in Los Angeles, coupled with tax-credit rules, prevent tenants from affording OC’s affordable-housing rents, WNC’s Michael Gaber tells GlobeSt.com in this UPDATE .

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  • The Station at Riverfront Park Changes Hands

    DENVER—Clarion partners is expanding its Denver multifamily portfolio with the acquisition of the 273-unit class A property built in 2004.

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  • Skywater at Tempe Town Lake Opens

    PHOENIX—Resmark Apartment Living and Lennar Multifamily Communities announce the opening of a new luxury apartment community, Skywater at Town Lake, in Tempe. The community has completed the first group of apartment units and will welcome its first residents this month.

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  • More Than Excess Capital Drives CRE Financing

    LOS ANGELES—In this EXCLUSIVE Q&A, five George Smith Partners principals discuss the forces driving the availability of commercial real estate financing within each sector, from retail, multifamily and development to CMBS and debt.

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  • EVOQ Properties Sold for $357M

    LOS ANGELES—A partnership between Atlas Capital Investors III, Square Mile Capital Management and USAA Real Estate Co. buys the company for its significant downtown portfolio.

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  • Distillery Leasing Second Location

    PORTLAND, OR—Eastside Distillery will become the largest of its kind on the Northwest and will maintain current location.

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  • SoCal Bucks Decreasing US Foreclosure Trend

    IRVINE, CA—Residential foreclosure activity rises 10% in L.A. from a year ago, and San Diego bank REOs rise 40% since the beginning of the year, RealtyTrac reports in this UPDATE to a previous story.

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