Wednesday, December 12, 2012

Lincoln Pays $49M for San Diego High Rise




California





Lincoln Pays $49M for San Diego High Rise



SAN DIEGO-The purchase of 600 B St. in Downtown San Diego is the firm's first local acquisition since establishing a San Diego office in May 2012 primarily to expand its position in the local market.









21-Story 475 Sansome St. Changes Hands



SAN FRANCISCO-Multi-Employer Property Trust and Bentall Kennedy are the new owners of the 90% leased office property here.









KBS Continues Buying Spree, Acquires West Loop I & II



HOUSTON-Days after closing on 1800 W. Loop South, the California REIT nabs the two-building, 314,000-SF office complex.









O.C. Tenant Activity = Accelerated Employment Growth



ORANGE COUNTY, CA-A Jones Lang LaSalle expert tells GlobeSt.com that the sectors of healthcare providers, health insurance companies and medical device businesses will lead the pack.









Office and Industrial Recovery Expands



LOS ANGELES-More parts of Los Angeles and Orange counties and the Inland Empire are experiencing growth and recovery in these sectors, according to a USC Casden report.









Gunn Returns to Direct Urban Partners



LOS ANGELES-GlobeSt.com learns exclusively that the real estate veteran will be responsible for planning and developing complex mixed-use, public/private and transit-oriented developments in urban locations throughout California.






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