Globest Sectors

The property at 225 Indian Creek in the heart of Mid-Miami Beach was sold by SMS Lodging, which is owned and managed by the Arnoldsson family, and R^2 Companies.

The three-property portfolio is located in Pasadena, Rancho Mirage and Azusa and totals 42,000 square feet.

The property is a four-building, 289,068-square-foot medical office project on the Banner Desert Medical Center campus.

Hallmark at Mission trades hands for $355 per square foot, a record in the Ontario market.

KDC and Broadway Station Partners form a joint venture to build the 1 million square foot property.

The two cities have each seen a 60% increase in median home value since 2014, according to a new report.

Leasing efforts are underway for Telegraph Tower, a fully entitled next generation office development at 2200 Telegraph Ave. at the corner of Telegraph and West Grand avenues in the Uptown neighborhood.

The firm has appointed three industry professionals from JLL, as vice chairmen, to expand its presence in the region.