DTLA IRL launched last week with a popular event that could serve as an example of what retail owners can do to drive consumer activity.

The acquisition of the 24-story, 522-000-square-foot downtown office building is the second purchase by TMG and KKR in Oakland this year.

Beverly Hills, CA-based Kennedy Wilson invested $20 million of equity in Alpine Meadows with a corresponding 10-year, $29 million loan at 4.28%.

The current regional availability rate dropped to 9.27%, suggesting a positive near-term outlook for vacancy, including the 80% occupancy of the Joshua Green Building after URG moved into new HQ space.