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| July 24, 2012 |
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| O’CONNOR CAPITAL, WAFRA BUY CARMEL PLAZA |
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CARMEL, CALIF. -- O'Connor Capital Partners and Wafra Investment Advisory Group have created a joint venture called O’Connor/Wafra Retail Partners to acquire Carmel Plaza, a 111,781-square-foot luxury lifestyle center in Carmel. Purchase price was not disclosed. Notable tenants at the center include Tiffany & Co., Louis Vuitton, Bottega Venetta, J.Crew and Anthropologie.
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| ELAN TOWN CENTER BREAKS GROUND IN REDMOND |
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REDMOND, WASH. -- Elan Town Center, a new 134-unit apartment community, has broken ground in Redmond. The community, which will also feature 7,735 square feet of ground-floor retail, restaurants and convenience shops, will be located at 16355 Cleveland Street. It should be completed in spring 2013 and will seek LEED-Silver certification. Elan Town Center is being developed by Resmark Apartment Living, a division of The Resmark Companies, in a joint venture with Greystar. The community will be designed by Weber Thompson and built by Compass Construction.
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| WARM SPRINGS CONSTRUCTORS LEASES 42,768 SF IN FREMONT |
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FREMONT, CALIF. -- Warm Springs Constructors, Inc., a Kiewit Infrastructure West Co. joint venture, has signed two leases totaling 42,768 square feet in Fremont. The first lease is for 28,800 square feet of industrial space at 45401 Research Ave. The second includes 13,968 square feet of office space at the nearby 47212 Mission Falls Court. The buildings are respectively owned by Workspace, LLC and East Warren Park, LLC. Warm Springs Constructors was represented by Walter Stephenson, Mitchell Hertz, Matt Bracco, Christopher Burns, Joshua Nelson and Glen Dowling of Cushman & Wakefield in both transactions.
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| DUO JOINS VOIT’S LAS VEGAS OFFICE |
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LAS VEGAS -- Jayne Cayton and Paula Lea have joined VoitReal Estate Services’ Las Vegas office. This addition will help Voit achieve its goal of placing top teams in each commercial product type in this market. Cayton will join the firm as vice president, while Lea will act as an associate.
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Western
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