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This week, deal flow came from every corner of the Southwest market, with Upland, CA; Perris, CA; Colton, CA; Lake Elsinore, CA; and Chandler, AZ, all making the list of the regions most noteworthy deals. In Perris, six retail pads on a 225,000-square-foot shopping center traded hands in separate transactions. In Colton, three adjacent warehouses totaling 743,381 square feet traded hands. In Chandler, the 129-room Hyatt Place Phoenix traded hands, and in Upland, CA, US Storage added 483 more units to its growing portfolio. Activity in the development arena also kept up this week, with the highlight being the opening of the NoMad hotel in Downtown Los Angeles. Here’s a look at this week’s trends, announcements and deals that you may have missed in Southern California, Utah, Arizona and Nevada.

NEW & NOTABLE SCOTTSDALE, AZ—Realty Executives International has named Patrick van den Bossche as it’s new president. This appointment rounds out the global real estate firm’s leadership team focused on aggressive network growth and expansion. Van den Bossche was born in Rotterdam, Netherlands, immigrating as a teenager to the United States with his parents who were immigrants from Indonesia. He brings with him 30 years of experience as a C-suite executive managing fast growth, start-up and next-growth companies. His track record of success leading companies across multiple industries includes Barrett-Jackson Auction Company, Echo Automotive Inc., SPI Holdings Inc., and Modtech Holdings Inc.  He is also an industry insider, getting his real estate license in 2005 and leveraging it throughout his business dealings.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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