Regions West
35 Condos at Phoenix-Area Trammell Crow Project to Hit the Auction Block
May 8, 2008

It was only in 2006 that Trammell Crow Residential opened the sales center for the 171 luxury condominiums at The Quarter in Glendale's $1.5 billion mixed-use Westgate City Center, but just two years later, the company has decided to go with the flow of the housing downturn and auction off the remaining 35 units. As developer of the townhouse complex, designed to serve as the anchor residential component of the 6.5 million-square foot Westgate City, Trammell Crow has tapped Accelerated Marketing Partners to oversee the bidding process on June 7. Minimum bids for residences at The Quarter will begin at prices approximately 35 percent below the highest previous asking price.

 
Recent West Headlines
JV Acquires Hyatt Regency Phoenix for $96M
July 18, 2008
PCCP L.L.C. in joint venture with DiNapoli Capital Partners has purchased the Hyatt Regency Phoenix in downtown Phoenix, Ariz. for approximately $96 million from Strategic Hotels and Resorts Inc.
JV Closes Purchase of San Fran Business Park
July 18, 2008
A joint venture between Shorenstein Properties L.L.C. and SKS Investments completed the acquisition of Oyster Point Business Park and Oyster Cove Marina, a six-building flex/industrial property in South San Francisco, Calif.
Financing in Place for Portland Industrial Property's Transformation
July 18, 2008
An historic Portland warehouse building is on track to evolve into a mixed-use property now that HomeStreet Capital has provided ConoverBond Development with $10 million in financing for the project.
City Signs Off $33M Conversion of Shopping Center
July 18, 2008
C.W. Clark Inc. recently got the green light from the San Diego City Council to move forward with its redevelopment of the Bay View Plaza, a San Diego shopping center originally constructed in the 1950s.
Marcus & Millichap Lists Anaheim M-F Community for $56M
July 17, 2008
Representing the seller, Kennedy Wilson, Marcus & Millichap Real Estate Investment Services has retained the exclusive listing for Mariposa, a 286-unit multi-family community in Anaheim, Calif.