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LAGUNA HILLS, CA-Moulton Plaza LLC and Laguna Woods Pavilion Center LLC acquire the 135,000-sf Moulton Plaza from a subsidiary of Hawaii-based Alexander & Baldwin, a diversified real estate company.
BEDFORD, TX-The suburban building gets a new owner and possibly a revised use from multi-tenant to a specialized medical clinic. The Alpharetta, GA-based seller has released a building previously leased to a Baylor University affiliate.
SAN JOSE-The city's redevelopment agency is in discussions with developer Mission West Properties for the construction of a bioscience incubator it hopes will help make San Jose a major bioscience hub.
PHOENIX-A California couple puts up $2.2 million for the center, strategically positioned at the intersection of Loop 101 and Interstate 17. Location and credit-worthy tenants close the sale to satisfy a 1031 Exchange.
LOS ANGELES, CA-The parent Condi Nast Publications renews and expands to 71,179 sf at 6300 Wilshire Blvd. in a 10-year renewal. The lease represents a 5,000 sf expansion.
ASBURY PARK, NJ-This city's preferred master redeveloper has signed deals, subject to city council approval, with Kushner, Hovnanian and Paramount Homes for various first phase components of the project.
HOUSTON-Dealers' row will be getting SAAB and Mitsubishi dealerships by summer. Houston dealer Bob Heckeroth will bring in the construction crew in two weeks to start work on a 25,000-sf office/showroom.
HOUSTON-Bach Realty Advisors takes 1,665 sf in a Koll Bren Schreiber building in the FM 1960 submarket. The firm uproots the headquarters from the CBD's office inventory of 32 million sf for an area with just 4.2 million sf.
NEW YORK CITY-The US General Services Administration inks a deal for 33,420 sf at 395 Hudson St. in the West Village. The US Census Bureau will occupy the space.
NAPA, CA- Hall Financial Group provides $10.95 million for construction of a 106-room boutique hotel and free-standing restaurant. The development has 300 feet of frontage on the Napa River.