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PORTLAND-On the industrial side, Colliers brokers Paul Breuer and Jeff Brooks win for the $185-million sale of the Fujitsu chip fabrication plant in Gresham, Ore. On the office side, Colliers' Gordon King, Mike Holzgang and Brad Christiansen win for their work with Liberty Northwest Insurance.
DALLAS-Transwestern Commercial Services is hitting the ground running on the 126,000-sf assignment for the 1.1-million-sf Dallas CBD landmark. The team will court national and retail names, including taking the pitch to ICSC in May.
OAKLAND, CA-The reorganizing Kaiser Aluminum Corp. on Friday closes the previously announced sale of the 753,000-sf Kaiser Center office complex to Summit Commercial Properties for the gross cash purchase price of $65.5 million.
CANOGA PARK, CA-The $101,500 per unit is a new high for mid-San Fernando Valley buildings of the type and unit mix of 7255 Winnetka Ave., a 20-year-old, 36-unit property. A 1031 Exchange fuels the deal.
AUSTIN-The investment fund owner gets the Freddie Mac package for two class A apartment complexes, totaling 697 units, in Austin's far northwest submarket and a 224-unit holding in Boca Raton, FL.
SAN BERNARDINO, CA-Located at1422 E. 9th St., the multifamily property is comprised of 25 buildings spread over seven acres. It was 90% occupied at the time of sale.
SANTA ANA, CA-The Northern California firm has financed apartment rehabs here in the past, but the Villas at Tustin is its first direct buy, says David Casper of Hendricks & Partners. The 31-year-old complex was 95% occupied at sale time.
SCOTTSDALE, AZ-STS Investments, with 1031 Exchange money to spend, knew at first sight 8080 E. McDowell Rd. was the property it wanted for its next investment. The 100% occupancy carried the deal to closing.
NEW YORK CITY-The official word on last week's changes at Grubb & Ellis is in. The firm states that former president and CEO Barry M. Barovick resigned to "pursue other opportunities.