SAN CARLOS, CALIF. – Game developer Kabam has leased 57,000 square feet at the Class A Skyway Landing office campus in San Carlos. The company plans to relocate from the 40,000-square-foot facility it currently occupies in Redwood City, Calif. Kabam was represented by Elizabeth Hart and Jon Mackey of Cornish & Carey Newmark Knight Frank. Kristoph Lodge, Jack Troedson and Graham Woodall, also of Cornish & Carey, represented the landlord, Equity Office, in this transaction.
Western
LOS ANGELES — Colliers International has sold a 15,978-square-foot property along Los Angeles’ famed Melrose Avenue to Fresh & Easy for an undisclosed sum. The space was built in 1997 and resides along the Hollywood/Melrose retail corridor. Fresh & Easy was represented by Mike Grannis and Brent Cunningham of Highland Partners. The seller was represented by Fred Córdova, Tom Lagos, Morgan McEvoy, Frank Magana and Ryan Eddy of Colliers’ Downtown Los Angeles office, along with Mike Fay, who is the president of Colliers’ Miami office.
COLORADO SPRINGS, COLO. – The 112-unit South Circle Apartments in Colorado Springs has sold to Sequoia Property Partners for $5.4 million. The community has undergone extensive renovations over the past five years. ARA Colorado’s Kevin McKenna and Ken Greene represented the seller, Xebec Realty Partners, in this transaction.
SAN DIEGO — Jones Lang LaSalle’s landlord leasing group has executed two office leases in San Diego totaling 38,307 square feet. The first was for VantagePoint Laboratory Partners, which leased 13,766 square feet of laboratory space at Sorrento Canyon Tech Center in the Sorrento Mesa submarket. The 60–month lease is valued at $1.34 million. VantagePoint was represented by David Marino and Shane Poppen of Hughes Marino. Sorrento Canyon’s landlord, Embarcadero Capital, was represented by JLL’s Chad Urie, Ryan Grove and Grant Schoneman. The second lease was for Chart Sequal Technologies, which leased 24,541 square feet of office space at the Pulse Building in the Carmel Mountain Ranch submarket. The 88-month lease is valued at $2,219,000 million. Chart Sequel was represented by Studley’s Ron Magnaghi and Bryan Geisbauer. Pulse’s landlord, World Trade Partners, LLC, was represented by JLL’s Jay Alexander and Ryan Grove.
DENVER – The West Washington Park Portfolio, which consists of 46 apartment units and one retail unit located in four separate buildings throughout Denver, has sold to a local private investor for $3,854,000. The portfolio included 13 units and one retail unit located at 700 East 1stAve.; 12 units at 66 Clarkson Street; 11 units at 65 Ogden Street; and 11 units at 59 Ogden Street. ARA Denver’s Terrance Hunt and Shane Ozment represented the seller, a local private investor, in this transaction.
BREA, CALIF. — SAME Investments LLC has purchased a 99,552-square-foot industrial warehouse in Brea. The company plans to operate its screen printing business at the facility, which is located at 333 Cliffwood Park Street. SAME was represented by Joseph Miller and Stan Kwak of Voit’s Anaheim office. CBRE’s Sean Ward, Ben Seybold and Shin Kim represented the seller, Kirkhill-TA Co.
SUNNYVALE, CALIF. — Asante Solutions has leased 28,322 square feet of R&D space at 352 Java Drive in Sunnyvale. The medical device company will be relocating in late November from the 11,846 square feet it currently occupies at nearby 1012 Stewart Drive. Asante was represented by Marne Michaels of Colliers International in this transaction.
CITY OF INDUSTRY, CALIF. — A 96,888-square-foot industrial warehouse in the City of Industry has sold to Asia Direct for $8.24 million. The furniture importer plans to use the warehouse for its new headquarters, which is currently based in Commerce, Calif. Asia Direct was represented by Brian McLoughlin and David Fults of Voit’s Commerce office. The seller, Overton Moore Properties, was represented by Cushman & Wakefield.
GILBERT, ARIZ. — Acquinity Interactive plans to open a new call center at 1030 N. Colorado Street in Gilbert. The Internet marketing firm has leased 22,186 square feet at the single-story office building and has recently announced plans to hire up to 200 workers before year’s end. Jim Trobaugh, Chris Hook and Rob Marsh of CBRE’s Labor Analytics Group represented Acquinity in its four-year lease agreement. The landlord, DT Credit Company LLC, was represented by Mike McQuaid and Mike Garlick of Lee & Associates.
MANHATTAN BEACH, CALIF. — Hendricks & Partners has hired Michael McKinney and Steffan Braunlich, who will open and head up the firm’s new South Bay office in Manhattan Beach. The firm chose to expand into this Los Angeles submarketto capitalize on the momentum in the multifamily industry. McKinney previously served as first vice president at CB Richard Ellis, while Braunlich worked as an associate with CBRE’s Multi-Housing/Private Capital Group.