DALY CITY, CA-Equity Residential REIT acquires the 88 Hillside complex, a condo project that the REIT is renting as apartments, in this week’s roundup of commercial real estate news in the West.
LONG BEACH, CA-Vestar Property Management names Jeff Miyaoka as regional director of Property Management, responsible for all property management functions for Vestar’s California portfolio.
UPLAND, CA-The Orange County-based owner of the College Park Apartments refinances the complex with a loan arranged by Prudential Mortgage Capital Co.’s Prudential Huntoon Paige.
CONCORD, CA-The Dallas-based non-traded REIT acquires the Renaissance complex and an adjacent 2.7-acre land parcel from Signature Properties for $47.65 million in a deal brokered by ARA’s San Francisco office.
BURBANK, CA-Raintree Partners of Laguna Niguel acquires the Taiko Village condominium project and plans to complete construction, then rent the units as apartments.
IRVINE, CA-TNP Strategic Retail Trust acquires the 50,359-square-foot Topaz Marketplace in Hesperia. New management includes regional vice president Anthony Bott and SVP Don Ferrari.
LOS ANGELES-The law firm signs a 10-year lease for 24,979 square feet of office space at Thomas Properties Group’s 2.7-million-square-foot City National Plaza.
WOODLAND HILLS, CA-The movie industry camera and equipment company signs an 18-year deal for an entire building owned by Angelo, Gordon & Co. of New York City and will relocate its headquarters there next year.
SAN DIEGO-The company and CT Realty sell the 1.4-million-square-foot Cajon Distribution Center. Separately, Westcore buys 1.3 million square feet in Northern California.