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Katie Hinderer

Contributing Writer
Colliers To Manage Two Retail Properties for Grosvenor
Colliers International has been selected to manage two high-street luxury retail buildings in Beverly Hills, Calif. The properties, which are owned by Grosvenor Americas, are located in the Rodeo Drive corridor and house Harry Winston and Bebe.
Menlo Equities Purchases 198,532SF Office Property
Menlo Equities has purchased the 198,532-sq.-ft. office building at 101 N. Sepulveda in El Segundo, Calif. Terms of the deal were not disclosed.
Historic Santa Barbara Property Sells for $16M
The landmark retail property located at 1486 East Valley Rd. in Santa Barbara, Calif. has been sold for $16 million. The seller was 1486 East Valley Road LLC, while the buyer was an international fund, US 3N LLC.
WNC Hires Kent Mehring as Vice President, Asset Management
Kent Mehring has been hired by WNC to fill the role of vice president of asset management. In his new role, Mehring will oversee the leasing of properties in the company’s portfolio, stabilized asset management and compliance monitoring.
Rexford Industrial Buys Distribution Warehouse for $5.27M
Rexford Industrial has purchased a 100,851-sq.-ft. distribution warehouse in the South Bay area of Los Angeles. The building, located at 1661 West 240th St., sold for $5.27 million in a short-term sale lease-back deal.
Marcus & Millichap Arranges $21.4M Net-Leased Sale
The FedEx freight terminal in Kettleman City, Calif. has been sold to an unnamed 1031 exchange. Marcus & Millichap arranged the $21.4 million net-leased sale.
Ware Malcomb To Design 80,000SF Medical Office
Ware Malcomb has been tapped to design the medical office building project being developed by Hammes Co. The building is part of the new Sutter Medical Center Campus in Santa Rosa, Calif.
New Brokerage/Advisory Firm, BentleyGlobal Launches
BentleyGlobal, a new commercial real estate brokerage and advisory firm, has launched. Located in Century City, Calif., the company is being helmed by Andy Stewart, CEO and founding principal.
Johnson Capital Arranges $23M in Loans
Johnson Capital has arranged $23 million in multiple loans for multifamily and residential properties throughout the western United States. The deals were arranged by Richard Caterina, senior vice president in Johnson Capital’s local office.
Mesa West Provides Financing for Office Purchase and Renovation
Mesa West Capital has provided senior debt financing to an affiliate of Dostart Development Co. for the acquisition and renovation of 222 Caspian Dr. in Sunnyvale, Calif. The property was purchased in an off-market transaction. Terms of the sale and provided financing were not released.
MJS Hotel To Manage Historic Mayfair Hotel
MJS Hotels has been selected to manage the Historic Mayfair Hotel in downtown Los Angeles. The 1920’s era hotel is about to undergo a large renovation project as part of a repositioning effort.
Lincoln Property Co. Purchases 800 Wilshire
Lincoln Property Co. in conjunction with Angelo, Gordon & Co. has purchased 800 Wilshire. The 220,757-sq.-ft., 16-story office property is located on the corner of Wilshire Boulevard and Flower Street in Los Angeles’ Financial District. The terms of the sale were not disclosed.
JLL To Market Fremont Business Center
Jones Lang LaSalle has been tapped to handle the leasing of the Fremont Distribution Center. The three-building, institutional quality warehouse and distribution facility is located at 47602-47283 Kato Road in Fremont, Calif.
U.S. Bank Provides $55.1M for Two Senior Living Developments
U.S. Bank has provided $55.1 million in financing to Retirement Housing Foundation. The money will be used to build two senior affordable housing complexes in Los Angeles neighborhoods.
Eagle Group Finance Provides $2M Refinance Loan
Eagle Group Finance has provided a $2 million short-term, non-recourse senior note to a family operated investment group. The loan will be used to recapitalize a 13.74-acre land parcel in Chino Hills, Calif., allowing the owner to move forward with development plans.
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