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July 17, 2018
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• Irvine Company Buys 216k sf Irvine Spectrum Complex
Irvine Company has purchased Alton Plaza, a 19-building business campus within Irvine Spectrum. The company plans to revitalize the 216k sf complex, located on Alton Pkwy near the Irvine train station. Alton Plaza is 95% lea...
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• Kidder Mathews Acquires OC Property Manager Alden Management Group
Kidder Mathews has acquired Costa Mesa-based Alden Management Group, a commercial property management firm with a large portfolio of office, industrial, and retail properties located throughout the greater Southern California...
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• First Phase of Phoenix Office Property Redevelopment Project Almost Complete
In development news out of Phoenix, the $20 mil redo of the Sky Harbor Towers office complex is nearing completion of its first phase. The 13.6-acre, two-building office campus located at the intersection of Interstate 10 and...
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• Denver Office Building Achieves LEED Platinum Certification
1515 Wynkoop, an eight-story, 306.8k sf office building in Denver, has earned Platinum certification under the U.S. Green Building Council's (USGBC) LEED® rating system for Existing Buildings. Completed in 2009, 1515 Wynkoop ...
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• Work on Nickelodeon’s Expanded Burbank Campus is Completed
Construction was recently completed on Nickelodeon’s newly expanded West Coast facility in Burbank. The 200k sf+ campus now includes a new 110k sf, five-story, state-of-the-art animation building; an expansive, redesigned cou...
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• CBRE Group Acquires Software Solutions Service Firm Floored Inc
CBRE Group has acquired Floored Inc, a leading producer of SaaS (Software as a Service) solutions, including scalable, interactive 3D graphics technology, for the global commercial real estate industry. Floored gives CBRE’s ...
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• Two Buildings Owned by The Muller Company Receive 2016 TOBY Awards
Two SoCal medical office buildings owned and managed by The Muller Company have received the 2016 The Outstanding Building of the Year® (TOBY) Award by the Building Owners and Managers Association (BOMA) in each of their resp...
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• Howard Hughes Center to Undergo a Renovation
Howard Hughes Center, the prominent, 1.3 msf office center in LA’s Westchester area, is soon to undergo a renovation that will bring significant upgrades to the well-located development. The asset is owned by Equity Office, a...
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• First Phase of Renovations Finished at Marina Del Rey Res Complex
Legacy Partners has completed Phase I at Wayfarer Apartments + Marina, previously known as Mariners Bay. The 30-month renovation project, which commenced in January 2016, entails $65 mil in renovations to the 379-unit apartme...
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• Century Plaza Towers Acheives LEED Gold Recertification
Century Plaza Towers, a 2.4 msf office tower complex in Century City, has achieved LEED® - Existing Buildings: Operations & Maintenance (LEED-EB O&M) Gold Recertification established by the U.S. Green Building Council (USGBC)...
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• Renaissance Square Named Outstanding Building of the Year by BOMA of Greater Phoenix
Renaissance Square, a 965.5k sf, Class A office complex in Phoenix, was recognized by the Building Owners and Managers Association (BOMA) of Greater Phoenix with its highest honor, The Outstanding Building of the Year Award (...
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• Community Preservation Partners Agrees to Below-Market Lease with SolarCity for Solar Power Installation at Colton Property
Community Preservation Partners (CPP) has agreed to lease 2.2 unused acres at its Arbor Terrace Apartments affordable housing community in Colton to SolarCity at a below-market rate for the installation of a solar power syste...
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• San Francisco Garage to 43k sf Office Building Conversion Completed
Rubicon Point Partners has completed renovations on a now three-story, 43k sf building at 1125-1127 Mission, which was previously a garage. The building, which includes a finished basement, is situated in the heart of San Fra...
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• Management of 300-Unit CO Multifamily Property Goes to Mission Rock Residential
Mission Rock Residential LLC has been awarded the management assignment for Dove Valley Apartments, a 312-unit residential property in Englewood, CO. The property is owned by the Rubino Family. Dove Valley Apartments offers ...
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• Regional Retail Center in Medford, OR to Be Redeveloped
LBG Real Estate Companies has finalized plans for the redevelopment of Medford Center, a 420k sf, regional entertainment and lifestyle shopping center in Medford, OR. LBG plans to invest over $12 mil to add more than 30k sf o...
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• Stockbridge Capital Group Awards San Diego Retail Management Assignment to Vestar
Stockbridge Capital Group has awarded the property management assignment for Mira Mesa Marketplace, a 487.8k sf, regional shopping center in San Diego to Vestar. Mira Mesa Marketplace is conveniently located at the Southwest...
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• Seattle Office High-Rise Awarded LEED Platinum Certification
Fourth & Madison, an 845.5k sf, 40-story office building located in Seattle's central business district, was awarded Platinum certification under the U.S. Green Building Council's (USGBC) LEED® rating system for Existing Buil...
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• East Bay Retail Redevelopment Project Gets Third of Three Needed Approvals from City of Walnut Creek
Tallen Capital Partners LLC and Citivest Commercial LLC, along with their equity partner, have received the third of three approvals needed to begin a dramatic redevelopment of Rossmoor Shopping Center, a retail center in the...
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• Vestar Awarded Management Assignment for Two SoCal Retail Centers
Vestar has been retained by a large institutional owner as the property management firm for Clairemont Town Square, a 550k sf, community lifestyle center located in San Diego, and Anaheim Hills Festival, a 567k sf community a...
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• Vestar Awarded Management of Two AZ Retail Centers
Vestar has been awarded the management assignment for two AZ retail centers. The properties are Superstition Springs Center, a 186.8k sf community retail center in Mesa, and Ancala Village, a 173.2k sf community retail center...
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