SAN DIEGO—Vince Reynolds has joined Kidder Mathews' San Diego office as a SVP. Vince is widely recognized as one of the leading experts in manufactured housing and RV park investment sales in the U.S., and he is frequently a speaker at national conventions and trade shows. He brings 27 years of experience to the firm. Prior to joining Kidder Mathews, Reynolds was a top producer with CBRE, and a member of CBRE's Manufactured Housing Group. Before that, he was cofounder of MHRV Advisors, an independent park investment brokerage firm specializing in the sale of mobile home parks and RV parks.

DEALTRACKER
SAN DIEGO— BLT Enterprises has acquired a 71,862 square-foot, two-story flex industrial building in the Kearny Mesa submarket of San Diego for $8.9 million. Constructed in 1981, the property was originally a 52,000 square-foot R&D/flex building. In the late 1980s, it was expanded into a two-story office building, adding an additional 20,000 square feet to the property. The property is located at 5454 Ruffin Road in San Diego, California. Mike Meraz of Magnum Properties and Ron Jacobson of SD Realty Partners represented BLT Enterprises as the buyer in the transaction. Kerry Schimpf of Commercial Properties Group and Randy LaChance of Voit Real Estate Services represented the seller, Apprentice and Journeymen Training Trust Fund of Southern California Plumbing and Piping Industry.

GUNNISON, CO—Holiday Inn Express & Suites Gunnison, a 107-room hospitality property located in Gunnison, CO, traded hands for $9.7 million. Gordon Allred and Neville Rustomjee, investment specialists in Marcus & Millichap's Ontario office, had the exclusive listing to market the property on behalf of the seller and the buyer, along with Shane Hanrahan. The listing team leveraged Marcus & Millichap's national reach in order to source an out-of-area buyer. Holiday Inn Express & Suites Gunnison is located at 910 East Tomichi Avenue in Gunnison, CO and is adjacent to Western State Colorado University. The Buyer intends to improve the hotel according to the Holiday Inn Express Formula Blue Property Improvement Plan in order to maintain its top ranking in the community.

PHEONIX, AZ—Aligned Energy has opened its second ultra-efficient, adaptive data center in Phoenix, Arizona. Nearly 300 attendees, including political officials, partners, and business leaders, attended the ribbon cutting ceremony and open house. Situated on a 51-acre campus at 2500 W Union Hills, the newly completed 550,000-square-foot Phoenix data center offers 62MW (megawatt) of IT power for its first phase, expandable up to 120MW at full build. Because of its innovative design and construction plan, the facility enables clients to adjust rack density on demand from 1kW (kilowatt) up to 50kW per rack. Aligned Energy's adaptive data center approach is unique to the industry. Their data center colocation and build-to-scale solutions are architected by their award-winning, patented intelligent infrastructure, vertically integrated supply chain, and culture of innovation, that enable them to adapt to support ever increasing business needs while making better use of existing data center space and power – a huge driver of cost savings.

NEWPORT BEACH—GPI Companies has secured $28.7 million in financing for the acquisition of a six-acre parcel that includes a 244,000-square-foot retail structure that is occupied by Macy's and a 1,550 space parking garage at the Westside Pavilion Mall in west Los Angeles, California. HFF worked on behalf of the borrower to secure the two-year, fixed-rate loan through a life insurance company. The property is part of the Westside Pavilion Mall, and is anchored by a 244,000-square-foot Macy's. Located at the intersection of Pico Boulevard and Overland Avenue, the property is situated in prestigious west Los Angeles, close to the 405 and 10 Freeways. The HFF debt placement team representing the borrower was led by senior managing director Kevin MacKenzie, director Greg Brown, director Jeff Sause and associate Jamie Kline.

ORANGE, CA—Orange Multi, FAEC purchased a 50,462-square-foot Orangewood Business Plaza was purchased for $8.5 million. The industrial/office park is located at 1717-1745 Orangewood Ave. Jim Hawkins of Lee & Associates Orange represented the buyer, and Phil Fridd, also of Lee's Orange office, represented the seller, Orangewood Business Plaza. The 30-unit Orangewood Business Plaza was built in 1977 and is 100% occupied.

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LOS ANGELES— Here's a look at the latest news, announcements and deals that you may have missed in Southern California, Nevada, Arizona and Utah.

NEW & NOTABLE

EL SEGUNDO, CA—Danny Williams has joined NGKF as managing director. Williams will be joining the El Segundo office and working with Executive Managing Director John McMillan, whose team ranks as one of the top industrial brokerage teams nationally and is a dominant presence in the Los Angeles market. In his new role, Williams will focus on industrial landlord and tenant representation in the port-adjacent South Bay Los Angeles submarket. Williams joins NGKF from Prologis, the global leader in industrial real estate and warehouse logistics management, where he oversaw the firm's South Bay industrial portfolio, which totaled in excess of 13.6 million square feet. He was responsible for managing brokers, lease analysis and negotiations, tenant relationships and retention, budgeting and reforecasting, and helping source, underwrite, and execute acquisitions. Prior to joining Prologis in 2011, Williams was an industrial broker in the South Bay with CBRE for nearly six years.

SAN DIEGO—Vince Reynolds has joined Kidder Mathews' San Diego office as a SVP. Vince is widely recognized as one of the leading experts in manufactured housing and RV park investment sales in the U.S., and he is frequently a speaker at national conventions and trade shows. He brings 27 years of experience to the firm. Prior to joining Kidder Mathews, Reynolds was a top producer with CBRE, and a member of CBRE's Manufactured Housing Group. Before that, he was cofounder of MHRV Advisors, an independent park investment brokerage firm specializing in the sale of mobile home parks and RV parks.

DEALTRACKER
SAN DIEGO— BLT Enterprises has acquired a 71,862 square-foot, two-story flex industrial building in the Kearny Mesa submarket of San Diego for $8.9 million. Constructed in 1981, the property was originally a 52,000 square-foot R&D/flex building. In the late 1980s, it was expanded into a two-story office building, adding an additional 20,000 square feet to the property. The property is located at 5454 Ruffin Road in San Diego, California. Mike Meraz of Magnum Properties and Ron Jacobson of SD Realty Partners represented BLT Enterprises as the buyer in the transaction. Kerry Schimpf of Commercial Properties Group and Randy LaChance of Voit Real Estate Services represented the seller, Apprentice and Journeymen Training Trust Fund of Southern California Plumbing and Piping Industry.

GUNNISON, CO—Holiday Inn Express & Suites Gunnison, a 107-room hospitality property located in Gunnison, CO, traded hands for $9.7 million. Gordon Allred and Neville Rustomjee, investment specialists in Marcus & Millichap's Ontario office, had the exclusive listing to market the property on behalf of the seller and the buyer, along with Shane Hanrahan. The listing team leveraged Marcus & Millichap's national reach in order to source an out-of-area buyer. Holiday Inn Express & Suites Gunnison is located at 910 East Tomichi Avenue in Gunnison, CO and is adjacent to Western State Colorado University. The Buyer intends to improve the hotel according to the Holiday Inn Express Formula Blue Property Improvement Plan in order to maintain its top ranking in the community.

PHEONIX, AZ—Aligned Energy has opened its second ultra-efficient, adaptive data center in Phoenix, Arizona. Nearly 300 attendees, including political officials, partners, and business leaders, attended the ribbon cutting ceremony and open house. Situated on a 51-acre campus at 2500 W Union Hills, the newly completed 550,000-square-foot Phoenix data center offers 62MW (megawatt) of IT power for its first phase, expandable up to 120MW at full build. Because of its innovative design and construction plan, the facility enables clients to adjust rack density on demand from 1kW (kilowatt) up to 50kW per rack. Aligned Energy's adaptive data center approach is unique to the industry. Their data center colocation and build-to-scale solutions are architected by their award-winning, patented intelligent infrastructure, vertically integrated supply chain, and culture of innovation, that enable them to adapt to support ever increasing business needs while making better use of existing data center space and power – a huge driver of cost savings.

NEWPORT BEACH—GPI Companies has secured $28.7 million in financing for the acquisition of a six-acre parcel that includes a 244,000-square-foot retail structure that is occupied by Macy's and a 1,550 space parking garage at the Westside Pavilion Mall in west Los Angeles, California. HFF worked on behalf of the borrower to secure the two-year, fixed-rate loan through a life insurance company. The property is part of the Westside Pavilion Mall, and is anchored by a 244,000-square-foot Macy's. Located at the intersection of Pico Boulevard and Overland Avenue, the property is situated in prestigious west Los Angeles, close to the 405 and 10 Freeways. The HFF debt placement team representing the borrower was led by senior managing director Kevin MacKenzie, director Greg Brown, director Jeff Sause and associate Jamie Kline.

ORANGE, CA—Orange Multi, FAEC purchased a 50,462-square-foot Orangewood Business Plaza was purchased for $8.5 million. The industrial/office park is located at 1717-1745 Orangewood Ave. Jim Hawkins of Lee & Associates Orange represented the buyer, and Phil Fridd, also of Lee's Orange office, represented the seller, Orangewood Business Plaza. The 30-unit Orangewood Business Plaza was built in 1977 and is 100% occupied.