ATASCADERO, CA-Commercial builder Bernards has been selected by the City of Atascadero for the Federal Emergency Management Agency repair and hazard mitigation of the historic Atascadero City Hall. The structure, which is constructed of bricks made from local clay, was damaged by the San Simeon earthquake on December 22, 2003. It was subsequently red-tagged as uninhabitable and remained empty until Bernards began work in mid-2011. Built between 1914 and 1918, this Italian Renaissance-style building, which is being upgraded under FEMA guidelines and the United States Secretary of the Interior’s standing for historic preservation, is listed both as a California Historical Landmark and on the National Register of Historic Places.

LEASES

WOODLAND HILLS, CA-LNR Property LLC has completed a new lease with Activision for 46,701 square feet of office space at LNR Warner Center IV, a two-building, 509,923-square-foot class-A complex located at 21215 and 21255 Burbank Blvd. here. Activision is relocating from Encino. Jones Lang LaSalle Los Angeles’ Dan Sanchez represented LNR, which developed the building in 2008. Activision was represented by Matthew Miller of CRESA.

PORTLAND, OR-Integrated Inspection Systems has leased 14,400 square feet of industrial space at Clackamas Commerce Center, 14310 SE International Way here, from Clackamas Commerce Center. Andrew Bean of Norris & Stevens Commercial Real Estate represented the tenant, while Scott Kappes of Capacity Commercial Group represented the lessor.

DENVER-Inspirato, a private, luxury destination club, has leased the space that most recently housed Charlie Palmer’s District Tavern on Wazee St. in lower downtown Denver. The club will transform the space into an office and event space. The lease also includes District Tavern’s former sister restaurant, Wazee Wood Fire Pizza, as well as the never-before-occupied garden level. Inspirato plans to keep the pizza oven, as well as the Tavern’s professional-grade kitchen and expansive bar. Work is scheduled to begin next month and is expected to be largely complete by the end of the year.

FINANCING

TARZANA, CA-Mesa West Capital has provided Pearlmark Real Estate Partners and Pacific Equity Properties with a $34.8-million first mortgage loan to refinance Village Walk, a 146,000-square-foot retail center here. The center is anchored by Whole Foods Market and TJMaxx. Other tenants include Starbucks, Chipotle, The Children's Place, Il Tramezzino, Yoga Works and Bleecker St. The property is also entitled for a 72-unit condominium and townhome development. The center was 74% occupied at closing.

COLORADO SPRINGS, CO-George Smith Partners has arranged $3.965 million in financing on behalf of LocalConstruct for the acquisition of Fillmore Ridge Apartments, a 114-unit apartment community at 3210 North Chestnut St. here. The loan was arranged by GSP’s VP Jonathan Lee and analyst Shine Cheng. The non-recourse, $3.965-million acquisition loan closed with an interest rate of 3.86% for 10 years, with a 30-year amortization and a yield maintenance prepayment. The property, situated on 4.5 acres, consists of studios, one-, two- and three-bedroom apartments. The community recently underwent a substantial renovation, with more than $1 million invested in exterior and interior upgrades.

EXECUTIVE MOVES

BELLEVUE, WA-Tim Chin, a 17-year veteran broker, has joined Kidder Mathews’ local office as a VP. Chin specializes in both landlord and tenant representation of office properties on the Eastside. Prior to Kidder Mathews, Chin spent 15 years at Colliers International.

NEWPORT BEACH, CA-Trumark Homes has hired California real estate finance and operations expert Phil Wagner as its new director of land development. Based in the local office, Wagner will be responsible for all aspects of land development for the firm including sourcing, underwriting and entitling new land-development opportunities. Prior to joining Trumark, Wagner worked at Lennar Homes of California, where he managed the acquisition and disposition of real property assets.

NEW VENTURES

LAS VEGAS-DoubleTree by Hilton and the New Tropicana Las Vegas have signed a strategic franchise agreement that marks the return of the Hilton Worldwide brand to the Las Vegas Strip after an almost 14-year absence. Under the terms of the franchise agreement, Tropicana Las Vegas will continue to own and operate all 1,600 guest rooms in the 35-acre resort, which recently completed a $200-million comprehensive transformation. When the hotel becomes the Tropicana Las Vegas – a DoubleTree by Hilton in January 2013, guests will be able to earn and redeem Hilton HHonors points and airline miles at the resort, which features four restaurants, a spa, a nightclub and beach club, an entertainment complex, and a state-of-the-art conference center and exhibition hall.