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Tech Companies Account for One-Fifth of US Office Leasing Activity
LifeLock, a personal information security company, is one of several tech companies that has opened an office in the Phoenix area. The company leases about 95,000 square feet in the Hayden Ferry Lakeside mixed-use park in Tempe, Arizona. While all...

Mosser Secures $113 Million Refi for San Fran Apartments
Workforce housing specialist Mosser Capital has secured a $113 million refinancing for a portfolio of San Francisco apartments it has assembled in recent years. The loan, brokered by HFF and underwritten by Chicago’s Walton Street Capital, is a six...

Industry Pros Still Bullish on West Coast Real Estate
Kevin Shannon, co-head of U.S. Capital Markets for Newmark Knight Frank; Stephen Rosetta, executive vice president and chief investment officer at Kilroy Realty Corp.; and Steve Briggs, principal and chief investment officer at LBA Realty, at the Allen...

Black Creek Group to Double Footprint in Northern California
Alvarado Commerce Center is a 159,000-square-foot industrial facility located in San Leandro, California. Denver-based Black Creek Group expects to break ground on the project next year. Denver-based investment manager Black Creek Group plans to...

Pebblebrook to Sell $1.72 Billion in Hotel Assets to Help Cover $5.2 Billion Purchase Price of LaSalle
Pebblebrook already has agreed to sell three LaSalle properties for $715 million, including Park Central New York, and expects to unload as much as $1 billion in assets.Pebblebrook Hotel Trust Chief Executive Jon Bortz’s plans to bring the two luxury...

Mathews Named Vice President in ASB's San Francisco Office
Kavita Mathews has been appointed vice president in the San Francisco office of AB Real Estate Investments, a real estate investment management firm headquartered in Washington, D.C. Mathews will oversee deal sourcing and underwriting transaction,...

Carlyle Group Raises $5.5 Billion for Eighth U.S. Real Estate Fund, Exceeding Target
The Carlyle Group purchased the 144-unit Brookside Apartments in Boulder, Colorado, earlier this year for $51 million. Global alternative asset manager Carlyle Group's eighth U.S. real estate fund, focused on opportunistic targeted investments across...

CBRE Recruits Top Office Capital Markets Team in San Francisco
Michael Taquino (left) and Kyle Kovac join CBRE as executive vice presidents of capital markets in the downtown San Francisco office.CBRE has recruited a top office capital markets brokerage team from Newmark Knight Frank to help bolster the firm's capital...

Former Mack-Cali Chief Rudin Named President of Savills Studley
Mitchell E. Rudin, a veteran New York real estate executive who previously held senior positions at CBRE, Brookfield and Mack-Cali Realty Corp., will join Savills Studley as its next president, succeeding Michael Colacino who is stepping down at the end...

Texas Business Park Lures Core-Mark HQ
Solana Business Park will accommodate Core-Mark Holding Co.'s headquarters next year. When Solana Business Park in North Texas was conceived in the 1980s to appeal to thousands of high-tech IBM employees, then-developer Maguire Thomas Partners built...

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