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PORTLAND-In partnership with an experienced fund manager, the partners of locally based Norris Beggs & Simpson launch a targeted $30 million private equity fund that will make mezzanine and value-added real estate investments throughout the Pacific Northwest.
SAN DIEGO-The San Diego City Council has agreed to purchase a parcel located at 215 Washington St. for the future site of the new Mission Hills/Hillcrest Branch Library.
SAN DIEGO-GE Asset Management, along with SENTRE Partners, has picked up the 20-story, high-profile office asset from a partnership involving a Koll Co. affiliate, Shapell Industries, and Goldrich & Krest.
LONDON-Omega Warrington--a joint venture between Miller Developments and The Royal Bank of Scotland--together with landowner English Partnerships, has submitted an outline planning application for the first two phases of the pounds 1 billion ($1.65 billion) Omega development near Warrington.
DALLAS-The leading Canadian brokerage house taps the Dallas-based full-service firm to replace and expand a cross-border alliance that was shelved with Insignia's takeover by CBRE. Before the final signing, the brokers were eyeing the deal-making promise.
LONDON-Legal & General and Astral Developments have joined forces to form the Meteor Industrial Partnership, a new pounds 100 million ($165 million) fund.
RIVERSIDE, CA-The City of Riverside buys the three-parcel Magnolia Place office development from local owners for $9.2 million and will occupy about 65,000 sf of the 143,000 sf.
SANTA ANA, CA-The 67-month deal is worth more than $2.8 million, or $4.60 per sf, for space in The Rockefeller Group's 300,000-sf building located at 2001 E. Dyer Rd. in Santa Ana.
KENDALL, FL-The law firm is renewing and expanding its space, taking 24,000 sf at the class A 9350 Financial Centre here in a 10-year deal. The deal is estimated to be worth $5.5 million.
GREENWOOD VILLAGE, CO-A $20 million retail refinance for a Home Deport property southeast of Denver has been arranged by the Hartford office of Tremont Realty Capital.