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November 20, 2019
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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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• Draftsmen & Craftsmen
Morley Construction has completed completed a 1.8 msf, nine-level parking structure at Universal Studios. The project -- utilizing more than 67,000 cubic yards of concrete - added more than 3,900 parking spaces at the popular...
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• Co-Working Spaces Can Be More Cost-Effective than Traditional Leases in Pricier Gateway Markets
Shared workplaces can be feasible and cost-effective alternatives to traditional office leases—even for larger occupiers, and especially in costly metro areas such as New York, San Francisco, Los Angeles and Boston, according...
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• $3 Mil in Renovation and Rebranding Completed on Four Phoenix Multifamily Assets
San Diego-based Sunrise Management has wrapped up more than $3 mil in renovation work and rebranding of four Phoenix area multifamily properties. The assets were recently acquired by San Francisco-based 29th Street Capital fo...
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• RiverRock Real Estate Group Awarded Management Job for Alameda Shopping Center
AEW Capital Management (AEW) has awarded the property management assignment for Bridgeside Shopping Center, a 105k sf, grocery-anchored Class A shopping center in Alameda, to RiverRock Real Estate Group. AEW owns the propert...
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• Vestar Awarded Management Assignment for 430k sf AZ Retail Center
Vestar has been awarded the management assignment for The Groves, a 431.3k sf, community entertainment shopping center located in Tempe, AZ. The Groves is conveniently located near the I-10 Fwy and Elliott Rd in the East Vall...
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• GM Properties Acquires Property Management Division of Villelli Enterprises
Whittier-based GM Properties has extended its area outreach by acquiring the regional property management division of 63-year-old Villelli Enterprises Inc of La Habra. GM is a SoCal-based commercial real estate brokerage and ...
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• Cypress West Partners Awarded Management Assignment for NV Medical Office Campus
Orlando-based CNL Healthcare Properties has awarded Cypress West Partners with the management assignment for a three-building, 140k sf medical office campus in Henderson, NV. The properties, located at 2825-2865 Siena Heights...
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• Renovation of CO Office Property Transforms Class B Space into a Modern, Class A Environment
Elion Partners completed a capital improvement program at 5889 Greenwood Plaza Blvd, a 90k sf office property in Greenwood Village, CO. The significant, state-of-the-art renovations transformed the Class B suburban office pro...
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