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L Catterton Real Estate and QIC Global Real Estate plan to reposition the shopping mall into a mixed-use complex with hotel, office, apartments and retail.
According to one panelist who will speak at the upcoming CREW Network Convention, three opportunities include: big data and artificial intelligence; sustainability as a driver of innovation; and tenant experience.
Deen steps into the newly created position to support corporate innovation and identification and implementation of industry best practices at the company.
The mixed-use building at 147 E. Santa Clara St., dubbed The Icon, will be aimed at residents seeking a blend of the urban environment offered by Silicon Valley while providing access to public transportation options.
The $47.5 million property was bought by Deka’s open-ended and dollar-denominated North America Fund, and marks its third US acquisition during the past nine months and first in Oregon.
Pillar Commercial, through its Pillar Real Estate Fund I, has acquired the 240,000-square-foot Richardson Office Center campus from Buchanan Street and Carval Investors for an undisclosed price.