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CARSON, CA-An East Coast office REIT acquires the Northrop Grumman campus in the South Bay submarket of Los Angeles in a deal involving two sellers in two separate transactions.
DENVER-Hamilton-Titan Partners LLC gets $13 million in mezzanine debt from Lowe Structured Investment Fund for the three-building portfolio in this week’s wrap-up of deals.
SACRAMENTO-California chooses a buyer for the 11-property, 7.3-million-square foot portfolio of state office buildings that it has been marketing since early this year.
MADRID-Hines developed the 350,000-square-foot Tripark Las Rozas early this year, but the project is only 40% leased. Hines officials blamed Spain’s weak activity for the slow leasing.
LOS ANGELES-Vacancy climbs and rents continue downward in Los Angeles County's office market in the third quarter, but there are signs of bottoming and of new deals in the works.
CENTURY CITY, CA-The law firm of Pachulski Stang Ziehl & Jones will relocate to new floors at 10100 Santa Monica Blvd. in its 10-year lease with building owner Hines Interests.
LOS ANGELES-Pachulski Stang Ziehl & Jones LLP has signed a lease for a new space measuring 31,600 square feet in the high-rise tower, Century City, at 10100 Santa Monica Blvd. for $18 million.
LOS ANGELES-When seller Hines first acquired the 627,334-square-foot office building in 2005, it represented one of the largest investments made in the company’s US Office Value Added Fund.