CoStar's People of Note (May 27)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Boston, Chicago,...
View ArticleOlen Acquires Main & Redhill Business Center in Irvine
The Prudential Insurance Company of America has sold the Main & Redhill Business Center at the southeast corner of Main St. and Red Hill Ave. in Irvine, CA to Olen Commercial Realty Corporation for...
View ArticleKBS Capital Puts More than $3.9 Billion in CRE Assets Up for Sale
KBS Capital Markets Group, the California-based distributor that has launched seven non-traded REITs since the onset of the Great Recession, just announced plans to test the market by offering to sell...
View ArticleMurphy Joins Kilroy as EVP
Kilroy Realty Corporation (NYSE: KRC) has hired veteran life science real estate professional Tracy Murphy as an executive vice president. Effective July 11, 2016, Murphy will be responsible for the...
View ArticleCoStar's People of Note (June 3)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Cincinnati, New...
View ArticleMenlo Equities Launches CRE Fund Targeting Tech Markets
Menlo Equities based in Silicon Valley’s a Palo Alto completed the initial formation of its latest fund, Menlo Equities Absolute Return Fund (MEARF). With $215 million of equity capital, the fund will...
View ArticleSmartStop Asset Management Promotes Griewe
SmartStop Asset Management LLC, a diversified real estate company for self-storage facilities, has promoted Brian Griewe to vice president of development. In his new role, Griewe plans to commit to...
View ArticleCoStar's People of Note (June 10) CBRE Announces Global Executive Leadership...
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Phoenix / Tucson,...
View ArticleFidel Joins SRS NNN in Newport Beach
Travis Fidel has joined SRS Real Estate Partners as an associate with its National Net Lease Group in the Newport Beach, CA office. In his new role, Fidel will focus on single-tenant, net-lease...
View ArticlePiedmont Trust Sells Fariway Center II Office in Brea
Piedmont Office Realty Trust, Inc. sold the Fairway Center II office building at 675 Placentia Ave. in Brea, CA to TIAA for $33.8 million, or about $252 per square foot. The 133,943-square-foot office...
View ArticleSoCal Belgrave Buys Garden Grove Industrial
Insight Investments LLC sold the industrial building at 7012 Belgrave Ave. in Garden Grove, CA to SoCal Belgrave LLC for $7 million, or about $159 per square foot. The 44,000-square-foot property was...
View ArticleKidder Matthews Adds Lancaster as SPM
Melissa Lancaster joined Kidder Matthews’ Orange County office as a senior property manager. Lancaster was previously with Essex Realty Management, Inc., where she managed multiple properties totaling...
View ArticleHenley Advances American Expansion with Launch of Henley USA
Henley Investments, a London-based private equity real estate investor, is opening its first US offices with the launch of Henley USA. The new division, which is opening offices in Boston and Orange...
View ArticleAHI Hires Peay as EVP and CFO
Brian Peay has joined healthcare-focused commercial real estate investment firm American Healthcare Investors (AHI) as an executive vice president and its chief financial officer. The boards of...
View ArticleCoStar's People of Note (June 17)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Greater Toronto...
View ArticleWestern Growers Sells Irvine Office
Zion Investment Fund LLC acquired the office building at 17620 Fitch in Irvine, CA from Western Growers for $8.2 million, or about $232 per square foot. The buyer plans to use the building for the...
View ArticleBLT Enterprises Acquires OC Flex Portfolio
Cordia Capital Management LLC sold four properties in Orange County at 2100 S State College Blvd. in Anaheim, 15 Argonaut in Aliso Viejo, 9700 Toledo Way in Irvine and 12640 Knott St. in Garden Grove,...
View ArticleStirling Development Promotes Tuckerman
Stirling Development, a full-service development company specializing in master-planned communities and major land renovations, promoted Anita Tuckerman to vice president of asset services and...
View ArticleTrio Pines USA Acquires Bldg G in Commerce Centre @ Buena Park
PLH Products, Inc. sold the industrial building at 6655 Knott Ave. in Buena Park, CA to Trio Pines U.S.A., Inc. for $6.5 million, or about $165 per square foot. Bldg. G in the CommerceCentre@BuenaPark...
View ArticleZimmerman Joins Cushman & Wakefield as Managing Director
Nationally-accredited architect Jon Zimmerman has joined Cushman & Wakefield's project and development services (PDS) in the West as a managing director. Based in the firm's Irvine, CA office,...
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