SAN DIEGO—Vancouver, WA-based firm Holland Partner Group has completed FORM15, a mixed-use community comprising 10,000 square feet of retail space and 242 residential units in Downtown San Diego's East Village. The project offers a variety of modern amenities and is close to new restaurants, nightlife, parks and cultural offerings as well as the trolley line, bicycle routes and local freeways. The architecture celebrates the East Village's industrial-warehouse and artistic heritage through the use of corrugated and weathered metal paneling. Works by local artists are found throughout the building's interior and exterior, and many elements—including the entry gates and fencing—were inspired by the legacy of Pannikin Coffee and Tea founder and East Village businessmen Bob Sinclair. Features and amenities in the units include floor-to-ceiling windows, private patios and balconies, polished concrete floors, hard-surface plank flooring, quartz kitchen countertops, pantries and built-in wine racks. Outdoor amenities include a large, pol-centered lounge/community gathering area, outdoor fireplaces and grilling stations and a rooftop deck.

BELLEVUE, WA—The Resmark Cos. has made its sixth investment in for-sale housing in the Seattle market and a second joint venture with local development group Windward Real Estate Services for Factoria, an infill project of 24 luxury townhomes here. The 60-store Marketplace at Factoria, anchored by a Safeway supermarket, Target and AMC Theatres, is adjacent to the project. In addition to Factoria, Resmark and Windward Real Estate are joint venture partners in the development of 401 State St.,encompassing 27 single-family attached homes next to Lake Washington in Kirkland, WA.

SALES

DENVER—A Colorado-based private real estate investment company has sold a 7-Eleven portfolio here to a 1031 exchange based in Northern California for $12 million. The portfolio featured five single-tenant net-leased properties that were corporately guaranteed by 7-Eleven Inc. with favorable lease terms, minimal landlord obligations and multiple rental escalations during the primary and option periods. Matt Berres and Jason Schmidt the in capital-markets group led the Jones Lang LaSalle team in this transaction on behalf of the seller.

SAN DIEGO—Mark McEwen, Ted Cuthbert andMatt Zimsky of Colliers International represented seller GCCFC 2007-GG9 Diamond Office LPin the sale of Via Frontera Business Park, a two-building, 80,882-square-foot, multi-tenant industrial/R&D property located at 10965-10993 Via Frontera Dr. here,for $10.5 million to Seven C's Group LLC. The buyer plans to occupy a portion of the buildings, which are currently 41% occupied.

IRVINE, CA—CapRock Partners LLC has acquired a flex office/R&D asset at 1063 McGaw Ave. here for an undisclosed amount from an unnamed seller. The property comprises 1.27 acres with a steel-framed 55,474-square-foot, high-image office/R&D building. CapRock plans to add value to the property by renovating the building as creative-office space. It will begin improvements on the property immediately and anticipates the renovation to be complete by next year. Scott Read of Newmark Grubb Knight Frank brokered the deal and will remain on the asset as the leasing broker of record.

LEASES

LOS ANGELES—Gerald J. Sullivan & Associates Inc., an insurance-brokerage firm, has signed a 10-year, 28,668-square-foot lease renewal valued at approximately $9.5 million at 800 W. 6th St. in the Pacific Financial Center, an 18-story class-A office tower in Downtown Los Angeles, with owner Pacific Financial Equities LLC. John Anthony, senior managing director with Charles Dunn Co., represented the ownership in the transaction, while Jonathan Larsen of Avison Young represented the tenant. Pacific Financial Center totals 227,833 square feet and is currently 100% occupied. Gerald J. Sullivan has been a tenant in the building since 1987 and occupies the property's top two floors in their entirety.

SAN DIMAS, CA—Paul Galmarini, senior retail specialist at Progressive Real Estate Partners, marketed the property and exclusively represented the lessor in a 10-year lease with Crunch Fitness for a 26,000-square-foot anchor space at 186 Village Ct. here. Located in the freeway-adjacent 250,000-square-foot Foothill Village mixed-use center, Crunch is scheduled to open in May. Gary Morris from Morris CRE represented the lessee in the transaction.

SALT LAKE CITY—KBS Real Estate Investment Trust III has signed 24,952 square feet of new and expanded leases at Salt Lake Hardware Building, a five-story, class-A, brick-and-timber office property here that was built in 1909 and completely renovated in 1996. WildWorks, makers of Animal Jam, expanded its lease in the building by 3,415 square feet, and Spring Mobile, a leading wireless solutions retailer, is moving its headquarters to the building with 21,538 square feet of space. Nadia Letey and Scott Wilmarth of CBRE represented KBS in the deals.

FINANCING

LAS VEGAS—David Blum, SVP/senior director of NorthMarq Capital's Los Angeles-based regional office, has arranged through its relationship with a CMBS lender the $17.5-million refinance of Equus Business Center, a complex here containing seven buildings. The transaction was structured with a locked 10-year fixed term with an interest-only period (well below 4% rate) followed by a 30-year amortization schedule. In addition, Aaron Beck, VP of NorthMarq Capital's San Diego-based office, has arranged through the firm's relationship with a correspondent life-insurance company bridge financing totaling $13.43 million for two properties: a 61,544-square-foot vacant office building in San Diego and a 77,000-square-foot industrial property in Vista, CA, a suburb of San Diego. The office building received $7.18 million, and the industrial property received $6.25 million. The transactions contained no lender points and no prepay penalty. The non-recourse loans have fixed interest rates with interest-only loan payments for the full term.

BUENA PARK, CA—PCCP LLC has provided an $8.9-million loan for the recapitalization of the Buena Park Mall, a 535,400-square-foot regional mall at 8000 La Palma Ave. here, on behalf of its ownership, Coventry Real Estate Advisors. The property is 92% occupied and includes major tenants such as DSW, John's Incredible Pizza, Krikorian Theater, Ross Dress for Less and Olive Garden, among others.

PORTLAND, OR—Doug Harper, director of Berkeley Point Capital, has led a team that closed an $8.2-million FHA loan for St. Anthony Village, a 127-unit independent-living, assisted-living and memory-care community here managed by Services for All Generations Enterprises.

EXECUTIVE APPOINTMENTS

IRVINE, CA—The Bendetti Co. has appointed Aaron Weaver as its CFO. Weaver will be responsible for all financial and accounting activities at the firm. Before joining Bendetti, Weaver held financial and accounting positions at CORE Realty Holdings LLC and Hines Interests.

DENVER—CBRE Group Inc. has hired Peter Schippits as senior managing director and market leader for the Colorado region. Schippits has more than 11 years of experience as one of the region's most-successful office-leasing experts. In his new role, he will oversee all CBRE lines of business in Colorado, which includes five offices and approximately 500 employees. He assume this leadership role from Ray Pittman, who will oversee CBRE's business in Australia and New Zealand. Schippits was previously with JLL, where he served as managing director, investor services.

DENVER—Arbor Commercial Mortgage LLC has appointed Ben Truitt as director, FHA, in the company's Denver office. A 17-year commercial real estate finance veteran, Truitt will be responsible for providing capital for the refinance, acquisition and construction of multifamily housing and senior housing by utilizing Arbor's Federal Housing Administration, Fannie Mae, Freddie Mac and creative structured-finance loan products, including bridge, mezzanine and preferred-equity funding options. Prior to joining Arbor, Truitt worked with GMAC Commercial Mortgage, GMAC, PNC Bank, Red Stone, AmeriSphere and ACRE.

IRVINE, CA—Pillar has appointed Arthur W. Tuverson managing director of its manufactured-housing community/RV resort group here. The MHC/RV Group is a dedicated platform for the financing of manufactured housing communities and RV resorts on a nationwide basis. Tuverson and his team are responsible for Pillar's MHC/RV production across all of the company's product lines, including Fannie Mae, Freddie Mac, HUD, CMBS and life-insurance lenders. Prior to joining Pillar, Tuverson was the senior director at GE Capital Real Estate.

IRVINE, CA—DTZ has hired three prominent Orange County brokers and their teams. Executive managing directors Bob Thagard, John Griffin and John Harty will form the core of DTZ's Orange County project-leasing teams, specializing in office and industrial markets. Harty will be joined by Mike Coppin, VP; Greg Olson, senior associate, and Dyan Molina, Sr., marketing coordinator. Griffin's colleague Max Wang, senior associate, also joins to assist in service delivery. Thagard comes to DTZ from ORION's Irvine office, while Harty, Griffin, Coppin and Olson were previously with Voit Real Estate Services in Irvine.

AWARDS

IRVINE, CA—Talonvest Capital Inc. has received the 2015 Top Corporate Fund Raising Award from the Orange County Ronald McDonald House at the recent 5K Walk for Kids. Talonvest assists the Orange County Ronald McDonald House and Ronald McDonald Family Rooms in its efforts to provide a comforting “home away from home” for families of children receiving treatment in Orange County hospitals. The organization is an extraordinary charity, known nationally for its work supporting families of seriously ill children. In addition to raising funds for the Walk for Kids through clients, capital providers, friends, and family, Talonvest has directly donated $26,500 to the Orange County Ronald McDonald House over the last two years.