SAN FRANCISCO—By raising the rate for the first time since 2006, the Fed has finally expressed its confidence in economic growth, potentially opening the door to increased consumption and business investment, says Marcus & Millichap research services.

SAN FRANCISCO—The Hibernia Bank building at One Jones Street had been abandoned since 1985, standing vacant for 30 years until it was acquired by Dolmen in 2008.

CHANDLER, AZ— The acquisition of The Greens was opportunistic and allows ConAm to take advantage of the rapid market growth in this affluent area.

SAN FRANCISCO—Starboard TCN Worldwide will participate in a new strategic alliance with leading European commercial real estate adviser, GVA Worldwide.

PHOENIX— LGE Design Build executed two building types of office and warehouse into one project that will assist TruTemp in advancing its growth.

PLEASANTON, CA—Equity and debt capital in excess of $50 million has been raised for a soon-to-be-built 112,000-square-foot, grocery-anchored retail center to be located across from San Francisco Premium Outlets.

SAN FRANCISCO—Interior designer Ken Fulk, The Harrison's creative director, has designed the building's entire concept including the residences, the common areas and amenities for the luxury tower.

PHOENIX—The Homewood Suites by Hilton design enhancement will include an outdoor public gathering space for guests to enjoy Phoenix's year-round climate, while The Hilton Garden Inn's design concept includes redesigned banquet and meeting rooms.