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What is it about San Diego that’s inspiring continued investment and expansion in the area? Some say it’s the diversity of the local economy or the entrepreneurial market, while others point to the limited availability of land.
NEW YORK CITY- With the acquisition of the 17-story luxury multifamily building in the Clinton Hill section of Brooklyn, the company’s portfolio has increased to 12 properties total and $213.1 million in dollar volume.
SAN DIEGO-A joint venture that includes Hines, a Houston-based developer, and institutional investors instructed by J.P. Morgan Asset Management has secured a $188-million senior financing for the construction of the La Jolla Commons campus in University Towne Center.
LOS ANGELES-According to a source we spoke with about the widely reported rumor of a potential portfolio sale for MPG Office Trust, including the potential buyers, loan maturity and capital are key indicators that a pending sale is more likely.
SAN FRANCISCO-Hines Interests has hired Bob Gilley, Eric Fox and Steve Hermann of Cassidy Turley to sell 2000 Alameda, a three-building office complex in San Mateo.
SAN FRANCISCO-Hines, which is trying to sell two of its buildings at 101 California St. and 100 Montgomery St. in San Francisco, has agreed to purchase the Gap's Old Navy headquarters building at 550 Terry Francois Blvd. from GLL Real Estate Partners for $180 million.