Dennis Kaiser

Construction is underway on a nearly $100-million affordable-housing community developed by St. Anton Communities in Santa Clara. The transit-oriented development is situated on 1.22 acres at 2233 Calle Del Mundo and will add 196 new affordable apartment homes. The project received its primary construction and permanent financing from Bank of America and its “gap funding” ...

The Terry Thomas building, a single-tenant office property in Seattle’s South Lake Union neighborhood traded hands for $52.15 million. The buyer was a newly raised core fund advised by Zurich Alternative Asset Management (ZAAM), while the seller was a group of private local investors that includes Mike Hess of Hess Callahan Partners and Mark Grey ...

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 ...

Torrance-based Partner Engineering and Science, Inc. has added 158 people since July, a growth rate designed to meet needs in the coming year. Headlining the new additions were Gary Cohn, who joined as Director of Institutional A&E Services, and Bob Barone, as Director of Institutional Construction Services. “These sought-after architects, engineers, and assessors are among ...

TriWest Corporate Headquarters Campus, a four-building office property in Phoenix’s Deer Valley, was acquired by Florida-based Phoenix AZ Holdings LLC for $18.5 million. The seller was Irvine, CA- based Granite Phoenix Complex Holdings. Located at 15810, 15820, 15830 and 16010 N. 28th Avenue, the 121,511-square-foot property is situated on roughly 12.34 acres within the 100-acre ...

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 ...