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June 19, 2024
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• RA Centers Retains Vestar for Management of AZ Shopping Center
Raymond Arjmand of RA Centers has retained Vestar as the management assignment for Palm Valley Pavilions West, a 232.6k sf power center in Goodyear, AZ. RA Centers acquired the center on December 15th, 2023. Palm Valley Pav...
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• Prologis’ Buildings Currently Generate 500 Megawatts of Solar Energy
Rooftop solar and storage installations on Prologis Inc's buildings can now generate 500 megawatts (MW) of energy – a significant milestone that puts the company halfway to its one gigawatt (GW) of solar supported by storage ...
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• Cushman & Wakefield Awarded 2.5 msf Commercial Property Management Assignment for the Presidio of San Francisco National Park Site
The Presidio Trust has awarded Cushman & Wakefield the assignment for commercial property management services for the Presidio of San Francisco, a unique national park site and National Historic Landmark at the base of the Go...
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• Luxury Amenity Space Slated to Open September 2024 at San Francisco Office Tower
The Cove, a luxury amenity space that boasts premium hospitality services for tenants and members alike, is slated to open in September 2024 on the 7th floor at 525 Market Street in San Francisco. The Cove will be a fully-sta...
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• McCarthy Building Companies and Ellis Partners are Latest Firms to Sign at One Sansome Office Tower in San Francisco
In recent leasing activity at One Sansome, the soaring 42-story office tower in the heart of San Francisco’s Financial District, McCarthy Building Companies inked a lease for 15.1k sf of space on the building’s 19th floor. Mc...
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• Work Underway on New 70k sf Building for Malibu High School
Work has started on the first phase of Malibu High School’s expansion for Santa Monica-Malibu Unified School District (SMMUSD). The 70k sf state-of-the-art building, scheduled for completion in fall of 2025, will feature a li...
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• Renovation Work to Get Underway at the Hyatt Regency Indian Wells Resort & Spa
Trinity Real Estate Investments is set to begin renovation work at the Hyatt Regency Indian Wells Resort & Spa, a 530-key hotel that the firm acquired roughly a year earlier. R.D. Olson Construction will be handling construct...
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• Renovation Work Completed on Lobby Area of WA Office Tower
Renovation work on 10k sf of the first floor at Tacoma Centre has been completed. Located in downtown Tacoma, WA at 1145 Broadway, the property was previously known as Tacoma Financial Center before it was purchased by Kirkla...
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• Colliers Lands Leasing and Management Assignment for EY Plaza in DTLA
Colliers has been awarded the exclusive leasing and property management assignment of Downtown Los Angeles’ EY Plaza, formerly Ernst & Young Plaza, at 725 S. Figueroa St. The firm was retained by Gregg Williams of Trident Pac...
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• New 55k sf Dining Hall Completed as Part of Renovation at Westfield Topanga Center
Topanga Social, a new 55k sf dining hall at Westfield’s Topanga Mall in the western San Fernando Valley, has opened to the public. The project, part of the 250k square-foot renovation and expansion of Westfield Topanga Center...
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• NAI Capital Commercial Launches Property Management Service
NAI Capital Commercial has launched a new property management division called Capital Commercial Management. The new service will provide tailored property management solutions and further strengthen the firm’s service offeri...
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• Colliers Awarded Leasing and Management of DTLA Office Tower
Colliers has been awarded the exclusive leasing and property management assignment of Downtown Los Angeles’ Gas Company Tower at 555 West 5th Street. The firm was retained by Gregg Williams of Trident Pacific Real Estate, who...
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• Draftsmen & Craftsmen
Hendy has wrapped up work on a total interior renovation of the Pacific Life corporate headquarters building in Newport Beach. The 465k sf facility is located at 700 Newport Dr. Dubbed by employees as, ‘Workplace Transformat...
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• Capital Improvement Program Well Underway at 597-Unit Marina del Rey Res Community
Equity Residential recently embarked on a $45 mil capital improvement program at Pearl Apartments, a 597-unit multifamily community in Marina del Rey, and has completed the first 87 upgraded residences. The asset is owned by ...
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• Sunrise Management Awarded Management Assignment for Two SoCal Multifamily Communities
Providence Capital Group has awarded the day-to-day management assignment for two SoCal res communities to San Diego-based Sunrise Management. The properties are Arte West, a 228-unit, four-story luxury community in Santa Ana...
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• Sunrise Management takes Over at The Warwick in San Diego’s Hillcrest Nieghborhood
Spectrum Partners has awarded the management assignment for The Warwick – a newly renovated Class A project in San Diego’s vibrant Hillcrest neighborhood – to San Diego-based Sunrise Management. Spectrum acquired the luxury m...
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• Vestar to Manage Hacienda Crossings Retail Property in Dublin
PNC Realty Investors has retained Vestar to provide management, leasing and marketing services for Hacienda Crossing, a 438.5k sf, mixed-use power center in the Bay Area city of Dublin. Hacienda Crossings is located at 4820-...
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• Stanford University Awards 1.1 msf Office Portfolio and 7 msf Ground Lease Portfolio to Cushman & Wakefield
Stanford University has awarded a 14-building, 1.1 msf office portfolio in addition to a 7 msf NNN ground lease portfolio to Cushman & Wakefield’s Northern California Asset Services team. The properties are located in one of ...
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• WJM Enterprises Starts Multi-Million Renovation of Phoenix Office Campus
WJM Enterprises LLC is underway on the multi-million-dollar renovation of Lake Biltmore Corporate Center, a two-building lakefront office campus located minutes from the iconic, soon-to-be demolished and redeveloped Metrocent...
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• San Francisco Bay Area Residents Demand Tech-Enabled Solutions at Multifamily Properties
San Francisco Bay Area multifamily landlords and property managers have been adopting technology-enabled solutions to accept, manage, and safely secure incoming packages at multifamily properties. ButterflyMX, a leading provi...
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