West

Kennedy Wilson Raises Over $300M for Fourth U.S. Real Estate Fund

Wed, 19 Jun 2013 14:51:00 +0000

Real estate investment and services firm Kennedy Wilson has completed fundraising for Kennedy Wilson Real Estate Fund IV with capital commitments of $303 million, including $15 million from Kennedy Wilson.

U.S. Bank Tower Sale Closes; Hines Hired to Manage Asset

Wed, 19 Jun 2013 14:48:00 +0000

The $367.5 million sale of U.S. Bank Tower in Los Angeles has closed and Hines will assume property management duties on the project.

NKFC&CC Negotiates Sale of 2155 Webster Street

Wed, 19 Jun 2013 14:45:00 +0000

Newmark Knight Frank Cornish & Carey Commercial (NKFC&CC) Capital Markets has successfully closed on the sale of 2155 Webster Street located in the Pacific Heights neighborhood of San Francisco.

ASB Adds Hollywood Boulevard Property to its Retail Portfolio

Tue, 18 Jun 2013 11:59:00 +0000

ASB Real Estate Investments acquired a prime Hollywood Boulevard property. The purchase was made on behalf of ASB’s Allegiance Fund, a $2.2 billion core, open-end real estate vehicle.

Admiral Capital Forms JV with South Bay Development Co.

Tue, 18 Jun 2013 11:56:00 +0000

Admiral Capital Real Estate Group formed a joint venture with northern California-based South Bay Development Co. to recapitalize and renovate 4500 Great America Parkway, an approximately 75,000-sq.-ft. office building in Santa Clara, Calif.

CT Realty Investors Sells Three Costa Mesa Apartment Communities

Tue, 18 Jun 2013 11:53:00 +0000

A CT Realty Investors joint venture with WLCM announced the sale of three apartment communities in Costa Mesa, Calif., located within a mile of each other.

Molina Healthcare Announces $158M Sale/Leaseback

Mon, 17 Jun 2013 14:21:00 +0000

Molina Healthcare Inc., through its wholly-owned subsidiary, Molina Center LLC, it has successfully completed a sale/leaseback transaction with the dedicated net lease group of Angelo, Gordon & Co. for $158 million.

Regency Breaks Ground on $21M L.A. Project

Mon, 17 Jun 2013 14:18:00 +0000

Regency Centers Corp. broke ground on a grocery-anchored shopping center in South Central Los Angeles during a ceremony at Juanita Tate Marketplace.

JLL Hires Bodie in Palo Alto Office

Mon, 17 Jun 2013 14:15:00 +0000

Jones Lang LaSalle announced a further expansion of its services in Southern California with the appointment of 13-year leasing veteran Mark Bodie as senior vice president.

Colliers To Manage Two Retail Properties for Grosvenor

Fri, 14 Jun 2013 11:07:00 +0000

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.