The Southwest market is heating up at the end of the year. This week, reports of several deal closings and new hire announcements came out of major markets in the region. the market. Phoenix continued to see strong activity, as did San Diego and Los Angeles. Interestingly, there were also several capital markets deals to close this week, including $156 million for a multifamily portfolio secured by Realty Center Management and $85.9 million in debt secured by the Globe Corporation for properties in Phoenix. Here’s a look at this week’s trends, announcements and deals that you may have missed in Southern California, Utah, Arizona and Nevada.
NEW & NOTABLE
PHOENIX—CBRE has promoted Laura Sidney to Senior Director with CBRE Labor Analytics. In her new role, Laura will continue to expand her business development responsibilities for Labor Analytics by working with corporate occupiers to optimize their human capital. Since joining Labor Analytics in 2010, Laura has served as Associate Director of Consulting and Director of Client Strategy where she focused on advising a wide variety of clients, including several Fortune 500 companies, on local market intelligence, capital expenditures, site selection and community evaluation. Laura began with CBRE in 2003 as a mapping analyst with CBRE’s Location Intelligence Services where she was quickly promoted to team lead. She also spent several years working with retail and land services specialists. CBRE Labor Analytics offers world-class innovation, specializing in labor market intelligence, site selection and incentive negotiations. The group supports companies across the Americas from its base in CBRE’s Phoenix office and is prevalent throughout the Valley, assisting several of the Fortune 100 companies located in this region.