Regions West
Storm Properties Sells Industrial Portfolio for $52M
Oct 3, 2008
Storm Properties sold approximately 545,000 square feet of its industrial real estate portfolio to TA Associates Realty for more than $52 million. A total of 13 industrial properties located in Los Angeles and San Diego counties were sold.
Recent West Headlines
Ross Joins Grubb as SVP
Dec. 04, 2008
Grubb & Ellis Co. announced that 28-year commercial real estate veteran Michael Ross has joined its downtown Los Angeles office as a senior vice president, responsible for investment sales on behalf of institutional and high net worth investors.
KBS Buys 2 Sacramento Office Buildings for $21M
Dec. 02, 2008
KBS Real Estate Investment Trust I has acquired two buildings totaling 105,003 square feet of office and amenity space at City Gate Plaza, a master-planned office park in the South Natomas submarket of Sacramento, Calif.
ShareBuilder Takes 130,000 SF in Seattle’s Pioneer Square
Dec. 02, 2008
ShareBuilder, an online brokerage and investment subsidiary of ING Bank fsb, is growing so rapidly that it needs more space and is moving from Bellevue, Wash., to 83 King St. in Seattle’s Pioneer Square, an eight-story building owned by Starbucks.
San Fran Approves $2B Housing, Stadium Plan
Dec. 02, 2008
The San Francisco Board of Supervisors has approved a resolution endorsing the funding plan for the redevelopment of Candlestick Point and Hunters Point Shipyard, which will entail the construction of 10,500 new homes, retail, office, open space and a new stadium for the city's 49ers football team.
$300M California Hospital Expansion Gets Nod from City Council
Nov. 26, 2008
The City Council of Valencia, Calif., has approved the $300 million expansion plan for Henry Mayo Newhall Hospital, under which the facility will gain a new patient wing and three additional medical buildings, along with a helipad and new parking structures.
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