Dennis Kaiser

South Bay Village, a 107,539-square-foot grocery-anchored shopping center in Torrance, traded hands for $39.7 million. The buyer was London-based investment firm Charing Cross while the seller was Jacksonville, FL-based Regency Centers. Located at 19330 Hawthorne Blvd., the center is occupied by nationally recognized tenants including HomeGoods, Walmart, and El Pollo Loco. Built in 1971 and ...

Square Mile Capital Management LLC closed a $114-million loan to finance the construction of 100 Altair, a 180,000-square-foot office building to be built in downtown Sunnyvale. The borrower was the Minkoff Group, a Silicon Valley-based developer led by Daniel Minkoff and Will Birdsey. Minkoff acquired the land for $32.7 million in December 2020 and plans ...

Kaiser Foundation Health Plan of Washington acquired 1.6 acres in Seattle’s Yesler neighborhood from the Seattle Housing Authority, reportedly for $36.3 million. The healthcare company plans to build a more than $500-million, nine-story, 240,000-square-foot facility. Kaiser Permanente Washington’s Janet O’Hollaren says, “This strategic development furthers our mission of integrated care and meaningful partnership in our ...

Lincoln Property Company (LPC) sold Grand2, a 358,000-square-foot Class AA office building in Tempe to Apex Capital Investments Corporation for reportedly $187.5 million. The deal marks the largest office sale to close in Arizona in 2020 and one of the top five Southwestern U.S. office sales this year. Grand2 was completed in late 2019 and ...

Long Beach-based Harbor Associates acquired Stewart Plaza in Upland from an undisclosed private investor for $10.25 million. Located at 400 and 440 Mountain Ave., the 84,498-square-foot, multi-tenant office and medical office project is comprised of two three-story buildings. The property features communal plazas and landscaped walkways connecting the two structures. The asset consists of suites ...

Bayside Garden Apartments, a 63-unit multifamily property in downtown Tacoma’s historic Stadium District, traded hands for $11.9 million. The buyers were Tyler Stanek and Rose Stanek-Norbe of Tyroda LLC and Michael Petramalo of Targa Real Estate. Originally built in 1926, the classically constructed brick Bayside Garden Apartments is located at 15 N.E. St. and offers ...

JLL expanded its SoCal team with the addition of Alaina Ladner as Vice President and West Region Energy & Sustainability Practice Lead within the company’s Project and Development Services group. Ladner will be based in the firm’s San Diego office and most recently served at Huntsman Architectural Group. Ladner will be responsible for helping JLL ...

The Irvine Company signed a 120,604-square-foot lease with Inari Medical, Inc. in Irvine. The commercial-stage medical device company will utilize the space for expansion and relocation of its Irvine manufacturing and office location. The 161,580-square-foot building is located at 6001 Oak Canyon. JLL’s Steve Wagner and Zach Niles represented the tenant in the lease. The ...

Primestor Development Inc. completed Freedom Plaza, a brand-new neighborhood center that serves as the retail element of the Jordan Downs mixed-use development incorporated into the 700-unit public housing apartment complex in Watts. Designed by Los Angeles-based Nadel Architecture + Planning, Freedom Plaza is the centerpiece of the 105-acre, high-density community that was recently transformed into ...

Richard A. Hawthorne was appointed managing director of development and construction for Goldrich Kest. He joins from Aimco and brings nearly two decades of field experience to the Los Angeles-based firm. Hawthorne will collaborate with construction, facilities, operations, asset management, property management, accounting and development teams. He will oversee budgeting, cost control, construction design and ...