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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.
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.
Adaptive Biotechnologies Corporation has signed a 12-year full-building lease at 1165 Eastlake Ave. East, a sustainable 100,000 rentable-square-foot headquarters office/laboratory development in the Eastlake Life Science Campus
The largest transaction was with wireless site development firm Network Building & Consulting, LLC, which agreed to add 10,491 square feet to its space at Keystone’s VEVA, a 417 420,546 square-foot office campus in Blue Bell, PA.
In its second quarter financial announcement, the company revealed that on Monday (Aug. 5) it secured a $150-million mortgage on its 111 River St. office building in Hoboken, NJ.
For Colliers it means the addition of an established four-person office capital markets team and five veteran industrial brokerage professionals. Colliers will also fold Podolsky’s 32-building, 2.1-million-square-foot property management portfolio into its existing portfolio.